Odysight.ai Secures Direct Purchase Order with Boeing
Odysight.ai Inc., an Israeli company specializing in AI-powered visual sensing and predictive maintenance solutions, has released its financial results for the first half of 2026. The company reported a backlog of $16.45 million as of August 13, 2026, up from $14.1 million on June 30, 2026.
In addition to a strong backlog, Odysight.ai announced that it had received its first direct purchase order from Boeing, worth significant revenue expected within the next twelve months. The company also secured orders from Elbit Systems and Honeywell Aerospace for proof-of-concept collaborations.
CEO Yehu Ofer stated, 'The first half of 2026 was defined by the high caliber of customers choosing to work with us.' He added that the Boeing order could serve as a foundation for a broader relationship across Boeing's rotorcraft and commercial portfolios.
The company's financial highlights for the six months ended June 30, 2026, showed revenues of $0.5 million, down from approximately $2.4 million in the same period last year. Net loss was approximately $9.5 million for the six months ended June 30, 2026.