Investing.com -- Odysight.ai Inc. (NASDAQ:ODYS) stock rose 6.9% Wednesday after the AI-based monitoring solutions provider announced it received two pilot orders from a major defense customer for monitoring applications on aerial platforms.
The first order involves integrating and evaluating a computer-vision-based monitoring system on an operational combat helicopter, while the second focuses on monitoring a critical component within an airborne weapons system.
"These pilot orders from this Major Defense Customer represent an important step in the evaluation and validation of our monitoring solutions within complex aeronautical environments," said Yehu Ofer, Chief Executive Officer of Odysight.ai.
The company indicated that successful pilot programs could lead to broader operational deployment. The first order includes integration design, installation surveys, supply of integration kits, system installation, testing, and flight trials. The second order encompasses an initial laboratory demonstration, a functional separation test, and data collection to evaluate predictive maintenance capabilities.
Odysight.ai develops AI-based monitoring and Predictive Maintenance solutions, and the company believes these orders reflect growing interest in advanced monitoring systems within defense and aeronautics sectors as part of a shift toward data-driven maintenance approaches.
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