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ODYS-News
ODYS-Events
Odysight.ai Prices Public Offering of 3.44M Shares at $3.20 Each
Odysight.ai announced the pricing of its public offering of 3.44M shares at a public offering price of $3.20 per share. All shares in the offering are being sold by the company. The offering includes participation from certain directors, including Benad Goldwasser, the chairman of the board. Odysight.ai intends to use the proceeds from the offering for research and development, sales and marketing. Roth Capital Partners is acting as the sole book-running manager for the offering.
Odysight.ai Begins Confidential Public Offering of Shares
Odysight.ai announced that it has commenced a proposed confidentially marketed public offering of shares of its common stock. All shares in the offering are to be sold by the company. Roth Capital Partners is acting as the sole book-running manager for the offering.
Odysight.ai Receives $0.3M Order from Israeli Ministry of Defense
Odysight.ai (ODYS) announced that it has received a purchase order from Elbit Systems (ESLT), on behalf of the Israeli Ministry of Defense, or IMOD, to integrate Odysight.ai's computer vision-based Prognostics and Health Management system onto several platforms. The order, valued at approximately $0.3M, may lead the deployment across broader Israeli Defense Forces platforms, upon successful completion of the installation. Under the contract, Odysight.ai's system will monitor multiple safety-critical components, enabling early detection of developing faults before they escalate into safety events.
Odysight.ai Receives Purchase Order from Honeywell Aerospace APU Division
Odysight.ai (ODYS) announced the receipt of a purchase order from Honeywell (HON) Aerospace APU Division for a proof-of-concept, PoC, collaboration to evaluate Odysight.ai's visual sensing platform across Honeywell Aerospace Auxiliary Power Units, APU, portfolio. The PoC will assess how Honeywell Aerospace APU systems, combined with Odysight.ai's sensors, edge AI, and predictive analytics, can improve visibility, reliability, and maintenance decision-making across APUs and other critical components. Initial work will focus on the APU air intake, a high-exposure area where debris, contamination, icing, and wear can materially affect performance and availability, with a potential path, subject to successful results, to expand across the broader APU assembly.
Odysight.ai Enters CRADA with U.S. Navy
Odysight.ai announced the execution of a cooperative research and development agreement, or CRADA, with the Naval Air Warfare Center Aircraft Division Lakehurst, part of the U.S. Navy. This CRADA establishes a formal collaboration to advance next-generation visual sensing and AI/ML technologies designed to enhance readiness across the U.S. Navy's fleet.
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