Israeli tech company Odysight.ai is set to have the first Israeli IPO on Nasdaq in 2025. The company, which develops a unique sensor solution for continuous monitoring using AI-based analysis and machine learning, is expected to raise $21.5 million at a company valuation of $129 million. Odysight.ai has major customers including NASA, the Israeli Air Force, and the Ministry of Defense. The company's financial results show rapid growth, with revenue of $2.66 million in the first three quarters of 2024, but a net loss of $8.2 million. The IPO pricing is expected later this week.