Core Viewpoint - Maris-Tech Ltd. has entered into a collaboration agreement with Quantum Gyro Ltd. to develop an advanced navigation system called ME-Nav, which integrates edge AI computing with quantum gyroscope technology for GPS-denied environments [2][3][6] Company Overview - Maris-Tech is a global leader in video and AI-based edge computing technology, focusing on intelligent video transmission solutions for defense, aerospace, and communication industries [7][8] - Quantum Gyro specializes in quantum-enhanced inertial sensors for high-precision navigation, aiming to reduce reliance on GPS due to its vulnerability to disruptions [5][9] Collaboration Agreement Details - The collaboration will lead to the formation of a new entity, NewCo, which will be jointly owned by Maris-Tech (51%) and Quantum Gyro (49%) [4][7] - The development of ME-Nav is expected to progress over the next 24 months with defined milestones and a target budget of approximately $1 million [6][7] - Maris-Tech will have exclusive global rights to manufacture, market, and distribute the ME-Nav product line [7] Technology Integration - ME-Nav is designed for mission-critical applications where GPS is unavailable, including military operations and autonomous systems [3][6] - The integration of Maris-Tech's edge AI computing platform with Quantum Gyro's quantum gyroscope technology aims to provide a lightweight, low-power navigation solution [6][9]
Maris-Tech Enters Quantum Navigation Field with Strategic Agreement to Develop Quantum-Based Gyroscope to Replace GPS Navigation