Maris-Tech Secures a $700,000 Order from a Repeat Customer in the Defense Industry for Innovative AI-Based Video Distribution Solution

August 2, 2024

https://www.globenewswire.com/news-release/2024/08/01/2922790/0/en/Maris-Tech-Secures-a-700-000-Order-from-a-Repeat-Customer-in-the-Defense-Industry-for-Innovative-AI-Based-Video-Distribution-Solution.html

The customized high-end system will be designed for integration on armored vehicles

Rehovot, Israel, Aug. 01, 2024 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq:MTEK, MTEKW) (“Maris-Tech” or the “Company”), a leading B2B provider of edge computing artificial intelligence (AI) accelerated video solutions for edge platforms, today announced that it received a significant order in the amount of $700,000 from a valued repeat customer for the development and production of a new system with AI-enabled video distribution capabilities, specially designed for armored vehicles. The unique solution is a high-end video system that enhances the driving and control capabilities of armored vehicles. The order is expected to be delivered in tranches during 2024 to 2027.

Read more at globenewswire.com

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