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0.0288065843621398 0.0288065843621398 0.0987654320987653 0.0987654320987653 0.0967078189300411 0.0432098765432099 0.0313786008230452 0.0313786008230452
Stock impact report

Medigus: Elbit Systems and ScoutCam Complete Major Development Stage in Real Time Video Monitoring Program

Medigus Ltd. - American Depositary Shares (MDGS) 
Company Research Source: GlobeNewswire
Tel Aviv, Israel, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS) (“Medigus”), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle (“EV”) and charging solutions, today announced that ScoutCam Inc. (OTCQB: SCTC) (“ScoutCam”, owned 27% by Medigus), a leading provider of Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) solutions and Elbit Systems Ltd. successfully completed a major development stage in the use of ScoutCam's real time video monitoring (RTVM) system. During the development stage, the RTVM system used on Elbit Systems' UAS platform acted as a replacement of manual pre and post flight visualization inspections of the aerial platform and provided clear visibility of areas that had previously been inaccessible to maintenance and operations teams. In addition, ScoutCam's RTVM provided visibility even when the operating ambience was not suitable for continuous real-time monitoring. Show less Read more
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