Benchmark Sticks with Buy Rating on Odysight.AI Amid Boeing Deal
Benchmark has reiterated its Buy rating on Odysight.AI Inc. (NASDAQ:ODYS) following the company's second quarter results and recent commercial developments.
The analyst, Yi Fu Lee, maintained the rating after discussing with CEO Yehu Ofer and CFO Einav Brenner. The firm said investors should focus on the expansion of Odysight.ai's commercial aerospace and defense ecosystem.
One key development is a new relationship with Boeing, which evaluated Odysight.ai's technology for about two years before entering into an agreement. The project spans both commercial and military rotorcraft applications and will be conducted across two Boeing facilities.