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 leader in video and AI-based edge computing technology, providing intelligent video transmission solutions for defense, aerospace, and communication industries [7] - Quantum Gyro specializes in quantum-enhanced inertial sensors aimed at high-precision navigation in environments where GPS is unavailable [9] Collaboration Agreement Details - The collaboration will result in the formation of a new jointly owned entity (NewCo) to commercialize the ME-Nav system [4][8] - Maris-Tech will hold a 51% ownership stake in NewCo, while Quantum Gyro will own 49% [8] Technology and Application - ME-Nav is designed for mission-critical applications such as military operations, urban warfare, and autonomous systems, where GPS signals may be jammed or unavailable [3][6] - The technology aims to reduce reliance on GPS, addressing the vulnerabilities associated with traditional navigation systems [5][9] Development and Commercialization - Development is expected to progress over the next 24 months with defined milestones and a target budget of approximately $1 million [6][8] - Maris-Tech will have exclusive global rights to manufacture, market, and distribute the ME-Nav product line [8]