Odysight.ai Reports Financial Results for the Three Months Ended March 31, 2026 and Provides Business Update
Ramat Gan, Israel, May 14, 2026 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (NASDAQ/TASE: ODYS), a leader in AI-powered visual sensing and predictive maintenance (PdM) solutions for the aerospace, defense, and industrial markets, today announces its financial results for the three months ended March 31, 2026, and provides a business update. Key Highlights Backlog1 of $14 million as of March 31, 2026, providing revenue visibility into 2026 and the following years.Cash balance2 of approximately $21.8 million as of March 31, 2026, debt free.Received two pilot orders from a major Defense customer for monitoring applications on an operational combat helicopter, and monitoring of a critical component