24/7 Market News – (NASDAQ: MTEK) shares are rallying on news this morning. Up 53% as of this post and climbing $1.80 more than 63,000 trades and 29million in volume.
The Company’s Neptune-Space previously served as the video recording and streaming solution on the 2019 SpaceIL “Beresheet” spacecraft, the first Israeli and the first privately initiated mission to land on the moon.
“We are thrilled to take part in this important mission. Our unique and miniature technology allows users to stream high quality video in real time and in extreme conditions. We strive to provide our customers with cutting-edge, custom technologies, and are pleased with our second mission with SpaceIL,” said Israel Bar, CEO of Maris-Tech.
Shimon Sarid, CEO of SpaceIL, commented “We are proud to team up with Maris-Tech and make together our journey all the way to the moon.”
Beresheet 2 Lunar Mission is a three Spacecraft Mission to the Moon: one Orbiter and two Landers. The Orbiter is planned to launch from Earth while carrying the two Landers, arrive to the moon, safely release the Landers at different times and continue orbiting the moon for several years, while the Landers are planned to be released from the Orbiter and land at different sites on the moon. Each spacecraft is performing at least one scientific mission.
The Jupiter-Space is designated for both Beresheet 2 Landers and Orbiter. It oversees cameras operation, image processing and additional processing including hosting landing algorithm.