Odysight.ai Secures First Boeing Order as Backlog Climbs to $16.45M
ODYS sits 73% above its 52-week low of $2.6.
Summary
Odysight.ai reported H1 2026 results alongside a business update highlighting its first Boeing purchase order, a Honeywell proof-of-concept, and a U.S. Navy CRADA. Backlog increased to $16.45 million.
Key Events · Earnings and Guidance · ODYS
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First Boeing Purchase Order
The company received its first purchase order from Boeing to showcase its AI-powered PdM solution at two Boeing sites, with the majority of revenue expected within the next twelve months.
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Backlog Increases to $16.45M
Backlog rose to $16.45 million as of the release date, up from $14.1 million as of June 30, 2026.
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Honeywell Proof-of-Concept
A purchase order from Honeywell Aerospace APU Division initiates a proof-of-concept collaboration to evaluate Odysight.ai's solution across its APU portfolio.
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U.S. Navy CRADA Signed
The company signed a Cooperative Research and Development Agreement with NAWCAD, focusing initially on carrier arresting cables with potential for expansion.
Analysis · ODYS · Technology
A first direct purchase order from Boeing signals a strategic shift from supplying national air forces to working directly with the OEM. Backlog rose to $16.45 million from $14.1 million at quarter-end, while new orders from Honeywell and the U.S. Navy open multiple expansion pathways. Revenue remains minimal at $0.5 million for H1, but the company holds $17.6 million in cash with no debt, providing runway to execute on these programs.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, ODYS was trading at $4.51 on NASDAQ in the Technology sector, with a market capitalization of approximately $70.6M. The 52-week trading range was $2.60 to $11.30. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.