Odysight.ai Inc. announced on June 16, 2025, the receipt of an initial order from a leading European industry player for its Predictive Health Monitoring (PHM) system. This system is designed to monitor the condition of belts and cables used in cranes and elevators across key industrial sectors.
The AI-driven solution utilizes proprietary high-resolution cameras and machine learning algorithms to provide real-time monitoring of component condition. It is engineered to detect early-stage faults and predict failures before they occur, aiming to enhance performance, reliability, and safety while reducing maintenance costs.
A pilot program is set to commence across several transportation system OEMs in the coming months, with plans for a global rollout following system optimization. This order marks a significant step in expanding Odysight.ai’s presence in the European Industry 4.0 ecosystem, delivering data-driven innovation to critical industrial infrastructure.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.