Odysight.AI (ODYS) Secures Initial Order for AI-Driven Monitoring Technology | ODYS Stock News

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Jun 16, 2025
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Odysight.AI (ODYS, Financial) has successfully secured an inaugural order for its innovative Predictive Health Monitoring system. This advanced solution is crafted to oversee the condition of belts and cables essential for the operation of cranes and elevators in major industrial areas. By leveraging cutting-edge artificial intelligence, the system aims to revolutionize infrastructure maintenance by improving the performance, reliability, and safety of these crucial mechanical components, all while significantly reducing associated costs.

The health of belts and cables is critical to the efficient movement of goods and people, making their upkeep vital for avoiding expensive operational disruptions. Tailored for a leading European industry player, this AI-powered system employs exclusive high-resolution cameras and sophisticated machine learning algorithms to monitor the status of components in real-time. It has the capability to identify early-stage issues and forecast potential failures before they occur.

A pilot program is scheduled to commence with several transportation system original equipment manufacturers (OEMs) over the upcoming months. A worldwide rollout is anticipated once the system has been optimized.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.