Core Insights - Maris-Tech Ltd. is hosting its first annual customer conference, "Edge of Tomorrow – Video & AI at the Frontier of Defense Innovation," on February 27, 2025, in Rishon LeZion, Israel, focusing on advancements in edge computing and its significance in defense operations [1][4] Company Overview - Maris-Tech is recognized as a global leader in video and AI-based edge computing technology, specializing in intelligent video transmission solutions that address complex encoding-decoding challenges [5] - The company offers miniature, lightweight, and low-power products that provide high-performance capabilities, including raw data processing, seamless transfer, advanced image processing, and AI-driven analytics [5] - Founded by veterans of the Israel technology sector, Maris-Tech serves major manufacturers in defense, aerospace, intelligence gathering, homeland security, and communication industries globally [5] Conference Details - The conference will feature keynote presentations from renowned speakers, technical sessions, and live product demonstrations, providing attendees with networking opportunities and hands-on experience with Maris-Tech's innovative solutions [2][3] - The event aims to provide insights into the future of video and AI acceleration, emphasizing how these innovations are transforming defense operations by enabling quicker decision-making and independent functionality in challenging environments [2]

Core Insights - Maris-Tech Ltd. is hosting its first annual customer conference, "Edge of Tomorrow – Video & AI at the Frontier of Defense Innovation," on February 27, 2025, in Rishon LeZion, Israel, focusing on advancements in edge computing and its significance in defense operations [1][4] Group 1: Conference Details - The conference will feature keynote presentations from renowned speakers, technical sessions, and live product demonstrations, providing attendees with insights into video and AI acceleration in defense [2][3] - Attendees will have opportunities for networking, engaging with Maris-Tech's expert team, and gaining hands-on experience with the company's innovative solutions [3] Group 2: Company Overview - Maris-Tech is recognized as a global leader in video and AI-based edge computing technology, specializing in intelligent video transmission solutions that address complex encoding-decoding challenges [5] - The company offers miniature, lightweight, and low-power products that deliver high-performance capabilities, including raw data processing and AI-driven analytics, serving industries such as defense, aerospace, and homeland security [5]

Core Viewpoint - Maris-Tech Ltd. has appointed Nir Ben Moshe as the North America Regional Operations Manager to enhance its presence in the U.S. market and drive growth initiatives [1][5]. Company Overview - Maris-Tech is a global leader in video and AI-based edge computing technology, specializing in intelligent video transmission solutions [5]. - The company offers lightweight, low-power products that provide high-performance capabilities, including raw data processing and AI-driven analytics [5]. Appointment Details - Nir Ben Moshe, a defense and security specialist with a background in managing national security operations, will lead marketing and sales initiatives in North America [2][3]. - He will report directly to the CEO and oversee the North American marketing and sales team to achieve the company's growth targets [2][4]. Strategic Importance - The appointment of Mr. Ben Moshe reflects the company's commitment to delivering exceptional value to its North American partners and adapting to the unique market dynamics in the U.S. [5]. - His leadership is expected to accelerate Maris-Tech's growth trajectory in the North American market [4].

Rehovot, Israel, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”) based edge computing technology, today announced that it has received a significant new order for $1 million. The order, placed by a repeat customer located in the United States, is for a product based on the Jupiter family and designed to meet the specific needs of the homeland security (“HLS”) sector. This new order highlight ...

Advanced market-ready solution now available with first order for hundreds of units to be delivered by year-end Rehovot, Israel, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (NASDAQ:MTEK, MTEKW)) ("Maris-Tech" or the "Company"), a global leader in video and artificial intelligence ("AI")-based edge computing technology, today announced the successful completion of the development for its Uranus-Drones, now available as a market-ready solution for advanced unmanned aircraft systems. The first customer, ...

Leading Video and AI-based Edge Computing Company Establishes U.S. Subsidiary to Accelerate Growth in the U.S. Defense and Homeland Security Sectors Rehovot, Israel, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) ("MarisTech" or the "Company"), a global leader in video and artificial intelligence (AI)-based edge computing technology, today announced a major expansion into the U.S. market with the establishment of its new subsidiary, Maris North America Inc. ("Maris North America"). ...

Diamond Ultra integrates up to 12 high definition ("HD") cameras, providing 360° 3D and airborne threat protection for Armored Fighting Vehicles ("AFV"). Powered by two Hailo AI processors, it enables real-time monitoring and AI-based analysis of video streams. Rehovot, Israel, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) ("Maris-Tech" or the "Company"), a global leader in video and artificial intelligence ("AI")-based edge computing technology, today announced the addition of it ...

5G integrations for homeland security, safe cities, civil security and defense markets empowers nextgeneration video streaming technology Rehovot, Israel, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) ("Maris-Tech" or the "Company"), a global leader in video and artificial intelligence ("AI")-based edge computing technology, today announced that its Amethyst edge computing video solution product line ("Amethyst"), now supports 5G capability, enabling ultra-speed and high data tran ...

The patented method reduces overhead data required in the forward error correction process based on specific characteristics of streamed media communication Rehovot, Israel, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) ("Maris-Tech" or the "Company"), a global leader in video and artificial intelligence ("AI") based edge computing technology, today announced that it has been granted a new patent from the United States Patent and Trademark Office for its innovative forward error c ...

Core Viewpoint - Maris-Tech Ltd. has reported significant financial growth for the first half of 2024, with revenues increasing by approximately 620% compared to the same period in 2023, indicating strong market demand and successful strategic initiatives [1][2]. Financial Performance - Revenues for the six months ended June 30, 2024, were approximately $3.4 million, an increase of approximately 620% compared to the same period in 2023 [1][2]. - Gross profit for the same period was approximately $1.9 million, a turnaround from a gross loss of approximately $0.2 million in 2023 [2]. - Net profit for the six months ended June 30, 2024, was approximately $132 thousand, compared to a net loss of approximately $2.3 million for the same period in 2023 [2]. - Net profit per ordinary share was $0.02, compared to a net loss per ordinary share of $0.29 in 2023 [3]. Working Capital and Backlog - Working capital as of June 30, 2024, was approximately $7.0 million, slightly down from approximately $7.3 million as of December 31, 2023 [3]. - The backlog as of June 30, 2024, was approximately $10.0 million, which increased to $10.5 million by August 28, 2024 [5]. Strategic Developments - The company has entered into a collaboration with Renesas Electronics Corporation, enhancing its position in the edge computing market [6]. - Maris-Tech secured multiple defense purchase orders, including significant contracts for armored vehicles and intelligence gathering applications, totaling over $1.7 million [6]. - The integration of firmware and hardware to support AI algorithms in collaboration with LightPath demonstrates the company's commitment to innovation in AI-embedded optical solutions [6]. Future Outlook - The company expects its existing cash, short-term bank deposits, and anticipated revenue from existing and new customers to be sufficient to fund operations for the next twelve months [4]. - Maris-Tech aims for accelerated growth by penetrating new markets and attracting a diverse customer base, supported by increased interest and new orders from customers [7].