Maris-Tech Ltd. Receives Purchase Order for $300,000 from the Company’s UK Based Distributor

REHOVOT, Israel, Maris-Tech Ltd. (Nasdaq: MTEK) (“Maris-Tech”), a B2B provider of intelligent video transmission technology, today announced it has received a $300,000 purchase order from Maris-Tech’s distributor based in the United Kingdom, for Maris-Tech’s advanced Jupiter AI platform.

The new product will be based on Maris-Tech’s Jupiter AI platform and Jupiter Nano and will integrate high end video cameras, mainly used in drones as well as other applications.

In addition to the Jupiter Nano’s advantages, the new product will support HD day cameras as well as thermal cameras. AI capabilities will also be offered when Hailo’s AI accelerator is integrated into the product.

“Our advance innovative technology and products combined with our close relationships with our business partners, continue to drive our sales growth. Our product portfolio expands with every new development, resulting in orders and new partnerships from leading players in the industry,” said Israel Bar, CEO of Maris-Tech. “The ongoing partnership with our UK reseller led to more than half a million dollar in orders, since the beginning of 2022 and it is our intention and goal to increase awareness and recognition in the field we operate in”.

Maris-Tech’s Jupiter AI platform and Jupiter Nano deliver real-time intelligence gathering and analytics based situational awareness capabilities from multiple sources and combines Maris-Tech’s capability in video processing and artificial intelligence. Jupiter features intelligent video transmission technologies with high quality video, superior energy efficiency, and miniaturized form factor that is suitable for a wide range of platforms and applications.

About Maris-Tech Ltd.

Maris-Tech is a B2B provider of intelligent video transmission technology, founded by veterans of the Israel technology sector with extensive electrical engineering and imaging experience. Our products are designed to meet the growing demands of commercial and tactical applications, delivering high-performance, compact, low power and low latency solutions to companies worldwide, including leading electro-optical payload, RF datalink and unmanned platform manufacturers as well as defense, HLS, and communication companies. For more information, visit https://www.maris-tech.com/.