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ODYSIGHT.AI DELIVERS ADVANCED VISION-BASED MONITORING SYSTEM FOR HERON TP UAV IN STRATEGIC PROGRAM WITH ISRAELI MOD AND AIR FORCE
Globenewswire· 2025-07-24 12:30
Core Viewpoint - Odysight.ai Inc. has successfully delivered a vision-based monitoring system for the Heron TP UAV, enhancing remote monitoring capabilities for Israel's Ministry of Defense [1][3] Group 1: Product Development and Features - The vision-based monitoring system utilizes unique algorithms and a miniature sensor-based optical system to provide advanced remote monitoring [1] - The integration supports improved engine health monitoring and mission assurance specifically for the PT6A-67 engine by Pratt & Whitney, aimed at enhancing airworthiness and operational safety in the Israeli Air Force [2] - The system allows for remote visual monitoring of hard-to-access engine areas, even during flight, showcasing significant technological advancements [3] Group 2: Strategic Collaborations - The initiative was developed in collaboration with the Directorate of Defense Research and Development (MAFAT), which integrates civilian startup capabilities into advanced defense applications [3] Group 3: Company Overview - Odysight.ai is focused on Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) markets, providing video sensor-based solutions across aviation, transportation, and energy sectors [4] - The company leverages visual technologies and products from the medical industry to enhance its offerings in PdM and CBM use cases [4]
ODYSIGHT.AI AND A MULTINATIONAL TECHNOLOGY GROUP SIGN STRATEGIC COLLABORATION AGREEMENT AIMED TO DEPLOY PREDICTIVE MAINTENANCE CAPABILITIES ACROSS MULTIPLE PLATFORMS
GlobeNewswire News Room· 2025-07-22 12:30
Core Viewpoint - Odysight.AI Inc. has entered a commercial collaboration agreement with a multinational technology group to deploy proof-of-concepts for predictive maintenance technology in heavy vehicles across various sectors, marking a significant expansion beyond aviation [1][4]. Group 1: Collaboration Details - The initial deployment will focus on heavy vehicles in defense, mining, agriculture, and heavy autonomous vehicle sectors [1]. - The collaboration follows successful trials of Odysight.AI's system on a critical aviation component, validating its performance under extreme conditions [2]. - Both parties are exploring expanded deployments in aviation and other sectors, aiming for broader collaborative opportunities [3]. Group 2: Technology and Benefits - The integration of Odysight.AI's solution is expected to enhance platform safety, reduce maintenance demands, lower costs, and improve operational efficiency [3]. - Odysight.AI specializes in Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) markets, utilizing video sensor-based solutions for critical systems in aviation, transportation, and energy [5]. - The company's technology allows visibility into hard-to-reach locations and harsh environments, providing real-time monitoring capabilities [5]. Group 3: Strategic Importance - The partnership reflects a shared commitment to driving smarter, safer, and more sustainable operations across various industries [4]. - The global partner is recognized for innovation and quality in engineered materials and smart solutions, aligning with Odysight.AI's focus on safety and operational efficiency [4].
Fluke Reliability Announces Full Integration of eMaint CMMS with Azima AI Analytic Platform
Globenewswire· 2025-07-21 12:30
Core Insights - Fluke Reliability has integrated its eMaint CMMS with Watchman Services, enhancing predictive maintenance strategies for manufacturers by reducing downtime and optimizing maintenance costs [1][4][10] Group 1: Integration Benefits - The integration allows maintenance teams to connect asset condition monitoring with maintenance execution, leading to improved uptime and reduced costs [1][4] - Real-time vibration data and recommendations from Watchman Services are now directly accessible in eMaint, facilitating faster insights and decision-making [2][4] Group 2: Challenges Addressed - Unplanned downtime is highlighted as a significant challenge in industrial operations, leading to increased maintenance costs and reduced overall equipment effectiveness (OEE) [3] - The integration aims to eliminate data silos and accelerate decision-making, enabling maintenance teams to act before failures occur [4][9] Group 3: Key Features - Watchman Services monitors machine conditions and sends critical information on faults to eMaint, creating tickets for facility managers to resolve issues swiftly [4] - The integration supports proactive maintenance strategies by predicting machine failures and optimizing spare part needs, which is crucial in the current supply chain environment [9]
Odysight.AI (Nasdaq: ODYS) Added to the Russell Microcap® Index
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]
ODYSIGHT.AI is strengthening its European Presence to Accelerate Industry 4.0: received Initial Order from Leading EU Player for AI-Driven industrial predictive health monitoring solutions"
Globenewswire· 2025-06-16 12:30
Core Insights - Odysight.AI Inc. has received an initial order for its Predictive Health Monitoring system aimed at monitoring belts and cables in cranes and elevators across key industrial sectors [1][4] - The AI-driven solution is expected to enhance infrastructure maintenance by improving performance, reliability, and safety while significantly reducing maintenance costs [2][5] - The system utilizes high-resolution cameras and machine learning algorithms for real-time monitoring, enabling early detection of faults and prediction of failures [3][6] Company Overview - Odysight.AI is a pioneer in the Predictive Maintenance and Condition-Based Monitoring markets, leveraging video sensor-based solutions for critical systems in aviation, transportation, and energy industries [7] - The company’s platform allows visibility into hard-to-reach locations and harsh environments, enhancing maintenance and operational capabilities [7] Strategic Collaboration - The partnership with a European industry leader marks a significant step for Odysight.AI, reflecting trust in its ability to deliver advanced solutions [4][6] - The collaboration aims to support smarter, safer, and more efficient infrastructure through real-time intelligence and operational resilience [4][6] Anticipated Benefits - Predictive maintenance and fault prevention through real-time monitoring and AI analytics are expected to extend asset lifespan and prevent critical failures [5][6] - Enhanced safety is anticipated due to continuous oversight of mechanical components, reducing risks for operators and end-users [5][6] - Operational efficiency improvements are expected from predictive insights that support streamlined scheduling and fewer unplanned outages [6]
Fluke Reliability and Treon Partner to Elevate Industrial Asset Performance with AI Diagnostics and IoT Sensors
Globenewswire· 2025-06-03 08:00
Core Insights - Fluke Reliability and Treon have formed a strategic partnership aimed at enhancing predictive maintenance and industrial asset performance through the integration of their technologies [1][2] - The collaboration combines Treon's wireless sensor technology with Fluke Reliability's AI diagnostics and predictive maintenance software, enabling customers to detect equipment failures before they occur and optimize maintenance schedules [1][2] Company Overview - Fluke Reliability, part of Fluke Corporation, provides tools, software, and AI-powered insights to help reliability and maintenance teams optimize asset performance, shifting from reactive to predictive maintenance [3] - Treon is a technology company focused on improving productivity and operational visibility through data-driven automation, with its platform Treon Connect enhancing operational efficiency across industries [4] Partnership Details - The integration of Treon Connect with Fluke Reliability's eMaint condition monitoring platform aims to create a seamless connection between screening, diagnostics, and predictive maintenance activities [2][5] - This partnership is expected to deliver a holistic reliability solution, maximizing asset performance and enabling operational excellence at scale [2][5] Benefits to Customers - Customers will benefit from a scalable solution that provides deeper insights into asset performance, improving decision-making and operational efficiency [2] - The partnership is designed to boost predictive maintenance performance through AI-driven insights, enhancing uptime and asset health [5]
Odysight.ai Inc(ODYS) - Prospectus(update)
2025-01-28 22:24
As filed with the Securities and Exchange Commission on January 28, 2025 Registration No. 333-283773 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Odysight.ai Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Nevada 7370 47-4257143 (I.R.S. Employer Identification No.) Sui ...
Odysight.ai Inc(ODYS) - Prospectus(update)
2025-01-24 21:20
As filed with the Securities and Exchange Commission on January 24, 2025 Registration No. 333-283773 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Odysight.ai Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Nevada 7370 47-4257143 (I.R.S. Employer Identification No.) Sui ...
Odysight.ai Inc(ODYS) - Prospectus(update)
2024-08-01 20:11
As filed with the Securities and Exchange Commission on August 1, 2024 Registration No. 333-273285 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT No. 6 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Odysight.ai Inc. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Nevada 7370 47-4257143 (I.R.S. Employer Identification No.) Suite ...