Maris-Tech

Maris-Tech Ltd. engages in the business of developing, designing, and manufacturing digital video and audio products and solutions for the professional, civilian, and home security markets. The firm is also involved in the provision of video transmission technology with artificial intelligence and acceleration for edge platforms using digital video, audio, and wireless communication technologies. The company was founded by Israel Bar in May 2008 and is headquartered in Rehovot, Israel.

Preliminary 2023 Gross Revenues Expected to Be Approximately $4,000,000 Driven by robust demand for the Company's defense and AI-powered solutions, gross revenues increased by approximately 60% compared to the previous year Rehovot, Israel, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK) ("Maris-Tech" or the "Company"), a B2B provider of edge computing artificial intelligence (AI) accelerated video solutions for edge platforms, today announced preliminary and partial results for 2023.

A Record Revenue Year for Maris-Tech.

The solution is based on Maris-Tech's powerful Jupiter AI platform and features advanced capabilities Rehovot, Israel, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a B2B provider of artificial intelligence (“AI”)-accelerated video solutions for edge platforms, today announced that it has received a new order for approximately $550,000 (the customer also has an option to increase the amount of the order to approximately $687,500) from a leading company in the defense industry for a customized solution that will provide armored and autonomous vehicles with enhanced situational awareness.

Maris-Tech Receives New Order For $550,000 From A Company In The Defense Industry For a Unique Intelligence-Gathering Situational Awareness Solution For Armored and Autonomous Vehicles

The Company is jointly developing an advanced AI and machine learning-based system with the Ben Gurion University to predict drone faults integrated on Maris-Tech systems

Maris-Tech Receives Grant Approval in the Amount of Approximately $156,000 from the Israel Innovation Authority for the Second Year of a Joint Development Project with the Ben Gurion University

Order underscores the advanced capabilities, high performance and successful application of Maris-Tech's innovative products in the defense market

Maris-Tech Receives $625,000 Follow-On Order for its Opal Platform from a Leading Defense Company

REHOVOT, Israel, Oct. 24, 2023 (GLOBE NEWSWIRE) --  Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the "Company"), a B2B provider of intelligent video transmission technology with artificial intelligence (AI) acceleration for edge platforms, today announced that it has received written notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities, including the Company's ordinary shares, to maintain a minimum bid price of $1.00 per share.

Maris-Tech Regains Compliance with Nasdaq Minimum Closing Bid Price Rule

Industry Veteran Adam Emanuel has been appointed to the Company's advisory board and Maris-Tech will partner with Altagrove LLC to promote the Company's innovative solutions for integration on various UAVs and unmanned platforms

Maris-Tech Announces Expansion of Commercial Activity in the U.S. Defense Market

Rehovot, Israel, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a B2B provider of edge AI accelerated video solutions for edge platforms, today announced that it has received a written notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a grace period of 180 calendar days to regain compliance with the minimum bid price requirement. The Notice does not immediately affect the Company's Nasdaq listing or the trading of its ordinary shares and warrants. During the grace period, as it may be extended, the Company's ordinary shares and public warrants will continue to trade on Nasdaq under the symbol “MTEK” and “MTEKW”, respectively.

Maris-Tech Announces Receipt of Nasdaq Minimum Price Bid Notification

The joint solution will integrate safety technology and predictive maintenance into a unified platform, leveraging Maris-Tech's artificial intelligence and video analytics capabilities Rehovot, Israel, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) ("Maris-Tech"), a B2B provider of edge artificial intelligence (“AI”) accelerated video solutions for edge platforms, and ParaZero Technologies Ltd.

Maris-Tech and ParaZero Technologies Expand their Collaboration into the Defense Market for Drones

The comprehensive range of innovative solutions provides remote and autonomous platforms a technological edge in a wide range of law enforcement, homeland security and defense applications

Maris-Tech to Exhibit at Milipol Paris 2023: Featuring its AI-Based Intelligence Gathering and Advanced Video Payload Solutions

Maris Tech (NASDAQ: MTEK ) stock is rising higher on Monday after the company launched its new Jupiter Drones product. Jupiter Drones makes use of the company's Jupiter Nano platform to offer a lightweight drone for a variety of uses.

Why Is Maris Tech (MTEK) Stock Up 27% Today?

The versatile solution is suitable for diverse drone needs and can be tailored to multiple camera configurations

Maris-Tech Launches Ultra-Compact AI-Powered Video Analytics Product - The Jupiter Drones for the Unmanned Aerial Vehicle Market

Secured from U.K. distributor Antrica, the order underscores Maris-Tech's increasing foothold in the global drone market

Maris-Tech Receives $280,000 Order for Jupiter-Nano Platform from a U.K. Distributor for a Drone Manufacturer

Maris - Tech expects revenues of approximately $3.7 to $4.2 million in 2023 , or increase of approximately 48 % to 68 % compared to 2022

Maris-Tech CEO Issues Letter to Shareholders Discussing Revenue Forecast for 2023 and Market Opportunity

Rehovot, Israel, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a B2B provider of edge computing artificial intelligence (“AI”) accelerated video solutions for edge platforms, today announced its financial report for the six months ended June 30, 2023.

Maris-Tech Announces Financial Results For the Six Months Ended June 30, 2023

The C ompany continues to make inroads in to the intelligence field among government agencies

Maris-Tech Receives New Order for $234,000 from a Governmental Agency for the Development of a Customized Solution for Intelligence-Gathering Applications

The distribution agreement will expand Maris-Tech's presence in the Indian market and promote sales of all the Company's products Rehovot, Israel, Aug. 30, 2023 (GLOBE NEWSWIRE) --  Maris-Tech Ltd. (Nasdaq: MTEK) (“Maris-Tech” or the “Company”), a B2B provider of edge AI accelerated video solutions for edge platforms, announced today that it entered into a distribution agreement with Precision Electronics Ltd.

Maris-Tech Enters Into an Agreement With a Major Distributor in India

Maris-Tech's solutions are suitable for integration with all types of commercial unmanned platforms Rehovot, Israel, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK) (“Maris-Tech” or the “Company”), a B2B provider of AI accelerated video solutions for edge platforms, announced its participation in the upcoming Commercial UAV Expo in Las Vegas, Nevada (September 5-7, 2023), at booth 941.

Maris-Tech will Exhibit Its Innovative Video Streaming Technologies at the Commercial UAV Expo in Las Vegas

Maris is sponsoring the conference and will be exhibiting innovative solutions for autonomous remote platforms Rehovot, Israel, Aug. 09, 2023 (GLOBE NEWSWIRE) --  Maris-Tech Ltd. (Nasdaq: MTEK) (“Maris-Tech” or the “Company”), a B2B provider of edge AI accelerated video solutions for edge platforms, today announced its participation in the upcoming Institute for Defense and Government Advancement (IDGA) Counter-UAS Summit in Old Town Alexandria, Virginia (from August 15 to 16, 2023).

Maris-Tech to Participate in the Counter-UAS Summit in the U.S.

The order marks Maris-Tech's penetration into the Indian Market Rehovot, Israel, July 13, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK) (“Maris-Tech” or the “Company”), a B2B provider of edge computing AI-accelerated video solutions for edge platforms, today announced that it had received a new order from a leading Indian electro-optics and surveillance systems provider.

First Order for Maris Tech from India - Maris-Tech received an order for $392,000 from a Leading Indian Company for Electro-Optical Solutions

The order follows Maris-Tech's agreement with a major distributor in Turkey, Continuing the Company's Trend of Global Expansion

Maris-Tech Receives First Order from Turkish Market

The Israel Innovation Authority will provide Maris-Tech with a grant of 1. 2 million NIS ($ 333 thousand) to support the first year develop ment of an innovative system for onboard situation awareness for nanosatellite platforms .

Expanding its New Space Activity Worldwide - Maris-Tech Receives a Grant from the Israel Innovation Authority for the Development of Ultra-HD Surround Video And AI-Based System on a budget of 3.17 million NIS ($880 thousand).

Sidus Space

Sidus Space Inc (NASDAQ:SIDU) said it has entered into an agreement with B2B provider of artificial intelligence (AI) accelerated video solutions for edge platforms Maris-Tech to jointly develop a system for peripheral photography, recording, transmission, and AI for nanosatellites and space tools. The company said the platform will allow cameras in space to take and transmit high-quality videos and still images and implement AI algorithms at the edge in real-time.

Sidus Space to develop AI-powered space video system with Maris-Tech

CAPE CANAVERAL, Fla.--(BUSINESS WIRE)--Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Defense-as-a-Service satellite company, today announced an agreement with Maris-Tech Ltd. (Nasdaq: MTEK) (“Maris-Tech” or the “Company”), a B2B provider of edge AI accelerated video solutions for edge platforms, to collaborate on developing a system for peripheral photography, recording, transmission, and artificial intelligence for nanosatellites and space tools. “The collect.

Sidus Space and Maris-Tech Announce Agreement for AI Driven New-Space Ultra-HD Video System

This is a repeat purchase order, representing the continued and successful deployment of Maris-Tech offerings Rehovot, Israel, May 12, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK) (“Maris-Tech” or the “Company”), a B2B provider of edge AI accelerated video solutions for edge platforms, announced that it had received a repeat purchase order for $410,000 of Neptune XMC from a leading Israeli provider of defense products and services.

Maris-Tech Receives Purchase Order for $410,000 from a Leading Israeli Defense Company

Rehovot, Israel, April 28, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK) ("Maris-Tech" or the "Company"), a B2B provider of edge AI accelerated video solutions for edge platforms; today announced that it has received a written notice (the "Notice") from the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not in compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a grace period of 180 calendar days to regain compliance with the minimum bid price requirement. The Notice does not immediately affect the Company's Nasdaq listing or the trading of its ordinary shares and warrants. During the grace period, as may be extended, the Company's ordinary shares and warrants will continue to trade on Nasdaq under the symbol "MTEK" and “MTEKW”, respectively.

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