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Odysight.AI (Nasdaq: ODYS) Added to the Russell Microcap® Index
Odysight.ai IncOdysight.ai Inc(US:ODYS) GlobeNewswire·2025-07-01 12:30

Company Overview - Odysight.AI Inc. is a developer of AI systems for Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM) [1][4] - The company provides video sensor-based solutions for critical systems in aviation, transportation, and energy industries [4] - Odysight.AI leverages visual technologies and products from the medical industry to enhance its offerings [4] Market Position - Odysight.AI was added to the Russell Microcap Index effective June 30, 2025, which enhances its visibility with institutional investors [1][3] - Membership in the Russell Microcap Index is based on market capitalization rankings and remains for one year [2] - Russell indexes serve as benchmarks for approximately $10.6 trillion in assets as of June 2024 [3] Strategic Insights - The CFO of Odysight.AI, Einav Brenner, emphasized that inclusion in the Russell Microcap Index reflects the company's momentum since its Nasdaq listing in February [3] - The recognition is expected to underscore confidence in the company's long-term growth strategy [3] - The company aims to deliver innovation, value, and sustained performance for its stakeholders as it scales [3] Industry Context - FTSE Russell, the global index provider, calculates thousands of indexes that benchmark markets and asset classes globally [6] - Approximately $18.1 trillion is benchmarked to FTSE Russell indexes, indicating the significance of these indexes in the investment landscape [6]