Odysight.ai announced a commercial collaboration agreement with GACI Technologies, a French defense and aerospace company headquartered near Paris, effective April 17, 2026. The deal positions Odysight.ai to deliver its AI‑powered predictive maintenance and visual monitoring system to French commercial, defense, and government aviation customers.
Under the agreement, GACI will act as the prime contractor, leading local market development, customer engagement, and program delivery, while Odysight.ai supplies ruggedized visual‑sensing hardware, embedded software, and AI analytics. The collaboration is intended to provide real‑time, continuous monitoring of critical components on French aircraft, expanding Odysight.ai’s footprint into one of Europe’s largest defense markets.
Odysight.ai’s 2025 revenue was $3.0 million, with vision‑based platform revenue up 23% year‑over‑year, and a backlog of $13.8 million. The company has more cash than debt and a current ratio of 9.17, but posted a net loss of $17.0 million. The partnership is expected to convert its defense backlog into recurring revenue streams and unlock significant revenue opportunities in France and potentially across Europe. The deal follows a March 6, 2026 flight‑testing collaboration with XP Services on a UH‑60 helicopter and a May 2024 purchase order from Safran Aircraft Engines.
GACI’s expertise in embedded systems and established relationships with French defense procurement organizations give Odysight.ai a strong local partner. The collaboration aligns with the company’s broader strategy to enter new geographies and secure high‑value defense contracts, and it supports Odysight.ai’s plan to list its common stock on the Tel Aviv Stock Exchange in April 2026, potentially broadening its capital base.
As of April 17, 2026, Odysight.ai’s stock traded at $5.58 with a market capitalization of $91 million, having posted year‑to‑date gains of 69% and six‑month gains of 54%. Analysts note the company’s strong balance sheet and growing backlog, though some view the valuation as high relative to fair‑value estimates. The partnership is seen as a positive development that could enhance the company’s recurring revenue profile and strengthen its position in the European defense market.
The collaboration positions Odysight.ai to capture a share of the French defense market, potentially generating new revenue streams and reinforcing its AI‑driven predictive maintenance platform. It signals confidence in the company’s technology and its ability to scale in international markets.
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