Odysight.ai Receives A Purchase Order For 200 Industrial Predictive Monitoring Systems

Odysight.ai Inc. (NASDAQ:ODYS), a leading provider of AI-powered visual sensing and Predictive Maintenance (PdM) solutions, announces the receipt of a purchase order for the first commercial batch of 200 Industrial Predictive Monitoring Systems from a leading European provider of industrial sensing and monitoring solutions.

The order follows the successful field testing in Europe of prototype systems for elevator belt monitoring, marking a transition from pilot validation to initial commercial rollout. This milestone represents Odysight.ai's successful entry into a high-volume installed base, industrial market segment, with a potential annual addressable market of tens of thousands of new system installations in the future. The market is expected to witness substantial growth, from approximately $87 billion in 2025 to approximately $126 billion in 2034, primarily by the continuous development of smart cities and megaprojects in industrial infrastructure across the world1.

This new system leverages Odysight.ai's visual-based technology to continuously monitor belt integrity in elevators and lifting systems. By detecting wear, tension anomalies, and early-stage faults in real time, it enhances operational safety, reduces downtime, and extends component lifespan through intelligent, data-driven maintenance.