Core Viewpoint - Maris-Tech Ltd. has secured a $4 million line of credit from a leading Israeli commercial bank, which will provide the company with flexibility to pursue strategic opportunities and enhance its commercial activities without diluting shareholder equity [1][3][4]. Financial Details - The line of credit is for a duration of 12 months and is structured on accepted commercial terms for similarly-sized companies, including fixed and floating liens on the company's assets [2]. - The agreement includes customary economic and restrictive covenants by the company and its U.S. subsidiary, along with subordination restrictions agreed upon by two shareholders regarding loans they have provided to the company [2]. Strategic Implications - The line of credit is expected to enable the company to capitalize on strategic opportunities and increase its commercial activity, reflecting the trust of a leading Israeli bank in the company's potential [3][4]. - The CEO of Maris-Tech emphasized that this financial support will allow the company to achieve its growth potential without relying on market conditions or equity sales [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 [5]. - The company offers lightweight, low-power products that deliver high-performance capabilities, serving industries such as defense, aerospace, intelligence gathering, homeland security, and communications [5].

Core Insights - Maris-Tech Ltd. will host a webinar on April 2, 2025, at 9:00 a.m. Eastern Time to discuss its 2024 financial results and provide updates on business operations and annual highlights [1][2] - The financial results for the year ended December 31, 2024, will be released on March 28, 2025, along with the filing of the Annual Report on Form 20-F with the SEC [1] Company Overview - Maris-Tech is a global leader in video and AI-based edge computing technology, specializing in intelligent video transmission solutions [3] - 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 [3] - Founded by veterans of the Israeli technology sector, Maris-Tech serves leading manufacturers in defense, aerospace, intelligence gathering, homeland security, and communication industries [3] - The company is focused on driving innovation in mission-critical applications across both commercial and defense sectors [3]

Core Viewpoint - Maris-Tech Ltd. is participating in the Michigan Defense Expo (MDEX) 2025 to showcase its advanced video and AI-based edge computing technologies, aiming to strengthen its presence in the U.S. defense market [1][4]. Group 1: Event Participation - Maris-Tech will exhibit at Booth F3 alongside SIBAT, Israel's Ministry of Defense directorate for defense exports and international cooperation, from April 8 to 10, 2025 [1]. - The event provides an opportunity for face-to-face meetings with investors, prospective customers, and defense industry leaders [3]. Group 2: Technology Showcase - The company will showcase its advanced 360° situational awareness technology designed for Armored Fighting Vehicles (AFVs) [2]. - Maris-Tech will present its latest AI-driven video intelligence and edge computing solutions, which are designed to deliver low-latency, high-performance capabilities for defense applications [2]. Group 3: Strategic Expansion - The participation in MDEX is a key step in Maris-Tech's strategic expansion into the U.S. market, allowing direct connections with U.S. customers and partners [4]. - The company aims to demonstrate the value of its solutions and strengthen its presence in the defense sector [4]. Group 4: Company Overview - Maris-Tech is a global leader in video and AI-based edge computing technology, specializing in intelligent video transmission solutions [4]. - The company offers miniature, lightweight, and low-power products that deliver high-performance capabilities, including raw data processing, seamless transfer, advanced image processing, and AI-driven analytics [4].

Core Viewpoint - Maris-Tech Ltd. has developed the MARS RF, an advanced ultra-lightweight H.265 digital video recording and streaming solution designed for miniature drones, enhancing intelligence gathering capabilities for defense and homeland security applications [1][2][4]. Group 1: Product Features - MARS RF is designed for classified intelligence units and has already been deployed in the field, meeting stringent operational requirements [2]. - The product is highly efficient, consuming less than 1W of power, with a wake-up time of under one second and a total weight of less than four grams [2]. - It offers wireless connectivity over a serial interface and connects seamlessly to the drone's autopilot system, camera, and radio, providing a complete solution for miniature drones [3]. Group 2: Company Overview - Maris-Tech is a global leader in video and AI-based edge computing technology, focusing on intelligent video transmission solutions that address complex encoding-decoding challenges [4]. - The company serves leading manufacturers in defense, aerospace, intelligence gathering, homeland security, and communication industries, driving innovation in mission-critical applications [4].

Core Insights - Maris-Tech Ltd. has secured a repeat order worth $400,000 for its Uranus-based situational awareness solution for armored fighting vehicles, marking the fourth consecutive order from this defense sector customer, reinforcing the company's reliability in mission-critical solutions [1][2][3] 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 [3] - The company's products are characterized by being miniature, lightweight, and low-power, delivering high-performance capabilities such as raw data processing, seamless transfer, advanced image processing, and AI-driven analytics [3] - Maris-Tech serves various industries including defense, aerospace, intelligence gathering, homeland security, and communication, driving innovation in mission-critical applications across both commercial and defense sectors [3] Product Features - The Uranus solution provides 360° 3D situational awareness and advanced airborne threat protection, supporting land defense missions with real-time alerts, ultra-low latency, and high-resolution video encoding [2] - The systems from the previous three orders have been successfully deployed and are fully operational, meeting customer expectations [2] Leadership Statement - The CEO of Maris-Tech expressed pride in being chosen again for this cutting-edge solution, indicating that the continued business from the customer is a strong testament to the confidence in the Uranus technology and the company's ability to meet operational needs [3]

Core Viewpoint - Maris-Tech Ltd. has received a significant order for its Jupiter Nano system from a U.K. distributor, marking its entry into the Eastern European defense market and enhancing its global presence in video and AI-based edge computing solutions [1][3]. Group 1: Order Details - The order consists of dozens of Jupiter Nano units intended for integration into weapon systems for a defense project in Eastern Europe [2]. - Jupiter Nano features ultra-low latency streaming and robust network support, addressing specific challenges faced by the customer [2]. Group 2: Product Capabilities - Jupiter Nano is a dual-channel H.264/H.265 codec capable of 100 milliseconds ultra-low-latency streaming over both wired and wireless networks [3]. - The system includes functionalities for video and audio capture, encoding, decoding, transcoding, and raw data preprocessing, designed to meet high performance and reliability standards for modern defense applications [3]. Group 3: Market Expansion - The new order signifies a strong relationship with the U.K. distributor and reflects the growing demand for Jupiter Nano's advanced capabilities in the defense sector [3]. - The company views Eastern Europe as a new market opportunity that will facilitate its expansion in global defense and homeland security markets [3]. Group 4: Company Overview - Maris-Tech is recognized as a global leader in video and AI-based edge computing technology, providing intelligent video transmission solutions [4]. - The company serves various industries, including defense, aerospace, intelligence gathering, homeland security, and communications, focusing on innovation in mission-critical applications [4].

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 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 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 ...