MDGS - Medigus: ScoutCam announces three development projects with the Israeli Air Force
Medigus' ([[MDGS]] -3.6%) subsidiary ScoutCam announces three different development projects in cooperation with the Israeli Air Force.It includes ScoutCam developing products based on its visual inspection capabilities including its high resilient micro-cameras for on the ground maintenance and in-flight monitoring of both helicopters and unmanned aerial vehicles ((UAV)) in the service of the Israeli Air Force.The company says these products, once tried and approved for use by the Israeli Air Force, may lead to these products being sold to other air forces around the world as well as to helicopter and UAV manufacturers globally. "ScoutCam estimates that the global addressable market for helicopters alone is ~$250M per year," says Yaron Silberman, CEO of ScoutCam.
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Medigus: ScoutCam announces three development projects with the Israeli Air Force