India, May 11 -- Stock of Odysight.ai Inc. (ODYS) is surging about 51 percent in Monday morning trading after the company announced the execution of a Cooperative Research and Development Agreement with the Naval Air Warfare Center Aircraft Division Lakehurst, part of the U.S. Navy.

The company's shares are currently trading at $6.74 on the Nasdaq, up 51.59 percent. The stock opened at $9.79 and has climbed as high as $11.12 so far in today's session. Over the past year, it has traded in a range of $2.60 to $11.12.

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