Odysight.ai Reports First Half 2026 Results and Business Update

GlobeNewswire··ILUS·Read original
3▲3 ▼0Impact / 5
Summary · why it matters

Odysight.ai reported financial results for the first half of 2026 and provided a business update, highlighting a backlog of $16.45 million as of the release date, up from $14.1 million as of June 30, 2026. The company received its first purchase order from Boeing to showcase its AI-powered predictive maintenance solution at two Boeing sites, marking the start of a direct OEM relationship with potential for broader integration across Boeing's rotorcraft and defense portfolio. Additional purchase orders were received from Elbit Systems on behalf of the Israeli Ministry of Defense and from Honeywell Aerospace APU Division for a proof-of-concept collaboration. Revenues for the first half of 2026 were $0.5 million, compared to approximately $2.4 million in the same period of 2025, with the decrease primarily attributable to $1.86 million in first quarter 2025 revenues from a Fortune 500 medical company customer. Net loss was approximately $9.5 million, compared to approximately $8.3 million in the prior year period, and the company ended the half with approximately $17.6 million in cash and no debt.

Impact on assets 5

Defense & Geopolitical Fragmentation▲ · 3 stocks
The Boeing Company
BA
▲ PositiveDemandrelevance

Odysight.ai received its first purchase order from Boeing, indicating potential future business for Boeing's predictive maintenance solutions.

Honeywell Aerospace Inc
HONA
▲ PositiveDemandrelevance

Honeywell Aerospace APU Division placed a purchase order for a proof-of-concept collaboration with Odysight.ai, indicating potential future business.

Artificial Intelligence▲ · 1 stocks
Odysight.ai Inc. Common Stock
ODYS
▲ PositiveDemandrelevance

Company reports increased backlog and new purchase orders from Boeing, Elbit Systems, and Honeywell, indicating growing demand for its products.

Consumer Staples▲ · 1 stocks

Theme Impact 1

Related news

United States

Palantir Technologies Carries Positive Earnings ESP Into Next Report

Palantir Technologies Inc. (PLTR) heads into its next quarterly earnings report with a positive Zacks Earnings ESP of +2.38% and a Zacks Rank #1 (Strong Buy), a combination that points to another possible earnings beat. The company has topped estimates by 15.47%, on average, over the last two quarters. In the most recent quarter, Palantir Technologies was expected to post earnings of $0.35 per share but reported $0.41 per share instead, a surprise of 17.14%. In the prior quarter, the consensus estimate was $0.29 per share while it actually produced $0.33 per share, a surprise of 13.79%. Zacks research shows that stocks combining a positive Earnings ESP with a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time.
About megatrends
Artificial Intelligence › AI Applications & Copilots Capital
Defense & Geopolitical Fragmentation › Defense Software & C4ISR Capital
PLTR · Capital · Positive Palantir enters its next earnings report with a positive Zacks Earnings ESP of +2.38% and a Zacks Rank #1 (Strong Buy), pointing to a possible earnings beat.
Read original ↗
Zacks Investment Research·23hRead more →
Israel
▲

Maris-Tech Wins Pilot Order for Armored Vehicle Situational Awareness

Maris-Tech Ltd. announced it has received a pilot order for an armored vehicle situational awareness application from a leading global defense company, secured through a distributor. The pilot follows an extensive engineering and adaptation process in which Maris-Tech's Jupiter product line was adapted to meet the end customer's specific video streaming requirements for armored vehicle situational awareness. The company said the adaptations developed through this process have expanded the capabilities of its products and may also support additional applications and market opportunities across the modern battlefield. Based on estimates and forecasts provided by the end customer, successful completion of the pilot could result in significant follow-on orders over the coming years, according to the company. Chief Executive Officer Israel Bar said the pilot represents the result of a substantial engineering process focused on meeting the specific video requirements of a major defense customer, and that the capabilities developed strengthen the versatility of the Jupiter product line and expand its relevance to additional armored vehicle and battlefield applications.
About megatrends
Defense & Geopolitical Fragmentation › Defense Software & C4ISR ▲Demand
Defense & Geopolitical Fragmentation › Defense Electronics, EW & Sensors ▲Demand
MTEK · Demand · Positive Maris-Tech received a pilot order for its Jupiter product line for armored vehicle situational awareness, with potential for significant follow-on orders.
Read original ↗
GlobeNewswire·1dRead more →
United States
▲

Kratos Defense wins $100M+ space and cyber contracts

Kratos Defense & Security Solutions announced on Monday that it won multiple contracts worth more than $100 million to develop space intelligence and cyber capabilities for joint military operations. The work will support RF signal collection, intelligence gathering, electronic warfare, and offensive cyber operations. The contracts will leverage the company's KnownSpace network of more than 190 RF sensors across more than 20 locations, along with its software and analytics capabilities. Following the announcement, KTOS stock traded about 1.58% higher at roughly $43.75 in pre-market trading.
About megatrends
Defense & Geopolitical Fragmentation › Defense Electronics, EW & Sensors ▲Demand
Defense & Geopolitical Fragmentation › Defense Software & C4ISR ▲Demand
Defense & Geopolitical Fragmentation › Space Defense & Missile Warning ▲Demand
Defense & Geopolitical Fragmentation › Defense Primes — United States Demand
KTOS · Demand · Positive Kratos won multiple contracts worth over $100M for space intelligence and cyber capabilities, a concrete order win.
Read original ↗
Seeking Alpha·1dRead more →
United States

Palantir Earns Zacks Rank #1 as Earnings Estimates Hold Steady

Palantir Technologies has been named a Zacks Rank #1 (Strong Buy) stock, with the rating driven by the size of recent changes in consensus earnings estimates along with three other earnings-related factors. For the current quarter, Palantir is expected to post earnings of $0.42 per share, a change of +100% from the year-ago quarter, while the consensus estimate has remained unchanged over the last 30 days. The consensus earnings estimate of $1.61 for the current fiscal year indicates a year-over-year change of +114.7%, and the next fiscal year's consensus estimate of $2.26 indicates a change of +40.2%, both unchanged over the past month. On the revenue side, the consensus sales estimate for the current quarter of $2.17 billion indicates a year-over-year change of +84%, while estimates of $8.19 billion and $11.67 billion for the current and next fiscal years indicate changes of +83% and +42.5%, respectively. In its last reported quarter, Palantir reported revenues of $1.94 billion, a year-over-year change of +92.8%, and EPS of $0.41 versus $0.16 a year ago, beating the Zacks Consensus Estimate of $1.81 billion by a revenue surprise of +7.16% and posting an EPS surprise of +17.14%.
About megatrends
Defense & Geopolitical Fragmentation › Defense Software & C4ISR Capital
Artificial Intelligence › AI Applications & Copilots Capital
PLTR · Capital · Positive Palantir named Zacks Rank #1 Strong Buy on steady consensus earnings estimates and strong expected EPS/revenue growth.
Read original ↗
Zacks Investment Research·1dRead more →
United States
▲impact 4

Palantir's Maven Smart System Wins Formal Program of Record Status as Q3 Earnings Loom

Palantir Technologies Inc. has secured a formal program of record designation for its Maven Smart System from the U.S. Department of War, with department-wide implementation set to take effect by the end of September. The designation expands the system's application across the Space Force, Navy, Air Force, Marine Corps and the Army. The development comes as investors await Palantir's third-quarter earnings report scheduled for November 2, which will show whether commercial growth sustains its pace. In the second quarter, revenues from the U.S. Commercial and U.S. Government segments jumped 149% and 90% year-over-year respectively, while international Commercial and Government revenues climbed 26% and 42%, supporting 93% overall topline growth and 225% year-over-year growth in bottom line figures. U.S. government revenue reached $809 million, nearly matching commercial revenues, keeping results closely tied to federal budget cycles. The company carries a $460.88 billion market capitalization, trades at a trailing P/E of 163.92x and a forward P/E of 85.47x, and holds only $211.4 million in total debt, a debt-to-equity ratio of 2.14%. Hedge fund ownership declined from 96 funds in Q1 2026 to 86 funds in the following quarter, while short interest sits at 2.83%.
About megatrends
Defense & Geopolitical Fragmentation › Defense Software & C4ISR ▲Demand
Artificial Intelligence › AI Applications & Copilots ▲Demand
PLTR · Demand · Positive Maven Smart System won formal program of record status from the U.S. Department of War, expanding its deployment across all military branches.
PLTR · Capital · Neutral Q3 earnings loom with investors watching whether commercial growth sustains its pace, following prior 93% topline growth.
Read original ↗
Insider Monkey·1dRead more →
United States
▲

Airship AI Wins $29 Million DHS Awards Exceeding Its Annual Revenue

Airship AI Holdings has announced $29 million of firm-fixed-price awards from an agency within the Department of Homeland Security, a sum larger than its approximately $18.2 million of trailing revenue. The awards carry a six-month performance period and cover software integration, edge and server-side AI products, and hardware. BigBear.ai, by contrast, ended June with $409.8 million in cash and investments and approximately $16.6 million of debt, alongside a $269.6 million backlog. BigBear's June-quarter revenue grew 13% to $36.7 million with gross margin of 32.8%, but its adjusted EBITDA loss widened to $11.6 million from $8.5 million. At October 2 prices, BigBear traded at about 9.7 times trailing revenue versus roughly 4.0 times for Airship, while Airship reported $12.4 million in cash and used only about $235,000 in operating cash during the June quarter.
About megatrends
Defense & Geopolitical Fragmentation › Defense Software & C4ISR ▲Demand
Artificial Intelligence › AI Applications & Copilots Demand
AISP · Demand · Positive Airship AI won $29M of firm-fixed-price DHS awards, exceeding its annual revenue, covering software integration and AI products.
BBAI · Capital · Neutral BigBear.ai is cited only for comparison, with cash, debt, backlog, revenue growth, and a widened adjusted EBITDA loss.
Read original ↗
Insider Monkey·1dRead more →