Earnings ·
Odysight.ai Inc. reported first-half 2026 financial results showing revenues of $0.5 million and a net loss of $9.5…
ODYSOdysight.ai Inc.
Odysight.ai Inc. reported first-half 2026 financial results showing revenues of $0.5 million and a net loss of $9.5 million. The company holds approximately $17.6 million in cash with no debt. Backlog increased to $16.45 million from $14.1 million at the end of June 2026. Key commercial developments include receiving its first direct purchase order from Boeing for AI-powered predictive maintenance solutions, a proof-of-concept order from Honeywell Aerospace, and a deployment order from Elbit Systems on behalf of the Israeli Ministry of Defense. The company also announced successful U.S. test flights on a UH-60 Black Hawk helicopter with XP Services and signed a Cooperative Research and Development Agreement (CRADA) with the U.S. Navy’s Naval Air Warfare Center Aircraft Division. Odysight.ai Inc. operates in the aerospace, defense, and industrial markets, providing AI-powered visual sensing and predictive maintenance solutions.