ODYSIGHT.AI ANNOUNCES PURCHASE ORDER AGREEMENT EXCEEDING $10M FOR ITS PREDICTIVE MAINTENANCE SOLUTION, FROM A LEADING INTERNATIONAL DEFENSE CONTRACTOR, TO BE FULLY INTEGRATED IN ITS NEW UAV CONFIGURATION AS WELL AS EXISTING UAV LINE

OMER, Israel, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (OTCQB: ODYS), is pleased to announce the signing of a purchase order agreement exceeding $10M with a leading international defense contractor for its vision-based predictive maintenance (PdM) and condition-based monitoring (CBM) system to be integrated from the design phase into a UAV host platform baseline configuration, as well as into an existing UAV line. The agreement is for UAV series that are sold globally and are expected to encompass several hundred systems spanning the life of the programs. Odysight.ai’s addressable market for its UAV-specific solutions is estimated at multibillion dollars.

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