Odysight.ai announces purchase order for 200 Industrial Monitoring Systems

Odysight.ai (ODYS) 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 world.