24/7 Market News Snapshot 18 December, 2024 – Maris-Tech Ltd. Ordinary Shares (NASDAQ:MTEK)

December 18, 2024

DENVER, Colo., 18 December, 2024 (247marketnews.com) – (NASDAQ:MTEK) are discussed in this article.
Maris-Tech Ltd. is experiencing significant momentum in the market, with shares rising over 31% today to trade at $4.219 after opening at $3.58. This notable increase comes after the previous session closed at $3.22, indicating robust investor interest and high trading volumes, now exceeding 652.02K shares. Analysts suggest that potential resistance levels may arise around $4.50, while support is identified firmly at $3.58, signaling that MTEK could continue its upward trajectory in the tech sector.

In conjunction with this market activity, Maris-Tech is also proud to announce the successful development and commercialization of its latest innovation, the Uranus-Drones video payload, specifically designed for advanced unmanned aircraft systems. This groundbreaking product has already attracted attention, culminating in an initial substantial order for hundreds of units from a leading drone design and manufacturing company.

Israel Bar, Chief Executive Officer of Maris-Tech, expressed pride in reaching this significant milestone. “Completing the Uranus-Drones video payload marks a landmark achievement for Maris-Tech. We are excited to see interest from additional customers who recognize the transformative capabilities of this advanced solution,” he stated.

The Uranus-Drones incorporates proprietary technology that enables HD multimedia interface (HDMI) connectivity and real-time data processing. It is optimized for a variety of critical sectors, including defense, homeland security, and aerospace, and is designed for high operational efficiency and versatility. Its lightweight structure allows for extended missions without energy compromise while supporting resolutions up to 4K Ultra HD, making it a vital tool for precise tracking and data analysis in various applications.

Maris-Tech continues to assert its position as a leader in intelligent video transmission technology, committed to delivering innovative solutions that address the evolving demands of essential industries globally.

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