Odysight.ai (ODYS) said Sunday that it has established an at-the-market equity offering program that would allow the company to sell up to $20 million of its common stock from time to time through Roth Capital Partners.

The AI-based predictive maintenance and condition-monitoring technology company said it filed a prospectus supplement with the US Securities and Exchange Commission as part of efforts to expand its financing options in US capital markets.

Under the agreement, Odysight.ai said it may sell shares at prevailing market prices, negotiated prices, or through other methods permitted under securities regulations.

Odysight.ai said the program is intended to provide additional financial flexibility to support business development initiatives, strategic growth plans and future market opportunities.