EX-10.21
from 10-K
4 pages
● Odysight.ai Inc. Is a Pioneer in Leveraging a Cutting-Edge Visualization Platform and Artificial Intelligence for Industry 4.0 Markets, Including Aviation, Energy, Mobility, and Transportation. the Company, Along With Its Affiliates, Has Developed an Innovative Solution Featuring Vision- Based Sensors Designed to Be Installed in Hard-To-Reach Critical Locations While Withstanding Extreme Environmental Conditions. ODYSIGHT.AI’S Cloud-Secured Solutions Enable Real-Time Anomaly Detection and the Anticipation of Maintenance Trends Through Advanced Data Analytics and Artificial Intelligence Models; ● Dr. Papa Is a Senior Fellow at Columbia University Center on Sustainable Investments, Has Gained More Than Twenty-Five Years’ Experience in the Energy Sector With a Focus on Innovation, Climate and Sustainability; ● Odysight.ai Inc. Has Announced the Setup of a European Entity, and the Board of Directors of Odysight.ai Inc. Have Determined That the Incorporation Place of Such Entity Shall Be Italy. the Purpose of the Italian Entity Is in Accordance With Odysight.ai Inc Mission to Become the Industry Standard for Real Time, Visual Based, Health Monitoring Using Ai/ML Data Analytics. Though Expanding ODYSIGHT.AI Footprint and Portfolio Geographically and Diversify Its Portfolio Into New Verticals Through Development, Production, Commercial and Marketing of Its Technology and Products on the European Markets (The “Sole Shareholder”); ● Odysight.ai Inc. Has Nominated by Odysight.ai Inc. Board Resolution From September 16, 2024, Dr. Papa as the Suited Director to Chair the Company European Subsidiary, ODYSIGHT.AI Eu; ● Dr. Papa Has Expressed His Interest in Accepting Said Position, Provided This Is Done Within the Framework of This Agreement, Without the Obligation of Set Working Hours or Subordination;
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