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News

Maris-Tech Receives $625,000 Follow-On Order For Its Opal Platform From A Leading Defense Company

Author: Benzinga Newsdesk | October 31, 2023 08:38am

Order underscores the advanced capabilities, high performance and successful application of Maris-Tech's innovative products in the defense market

Rehovot, Israel, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (NASDAQ:MTEK, MTEKW))))) ("Maris-Tech" or the "Company"), a B2B provider of artificial intelligence ("AI") accelerated video solutions for edge platforms, today announced a $625,000 repeat order for units of the Company's Opal platform from a leading Israeli defense company.

The advanced Opal platform is based on Maris-Tech's flagship Jupiter AI platform, a high-end multiple stream video platform with AI acceleration that delivers real-time intelligence gathering and analytics.

Maris-Tech has already delivered previously placed purchase order in the amount of $500,000 for the Opal platform. 

Maris-Tech expects to deliver the units pursuant to this purchase order during the years 2023 and 2024.

"Repeat orders are an excellent measure and validation of the unique capabilities and successful application of our innovative video recording and AI acceleration systems, highlighting the regard and confidence of our valued customers. We continue to expand and establish Maris-Tech's position as a leader of technological innovation in the field as we develop advanced AI-based intelligence-gathering solutions for remote platforms that meet our customers' needs," said Israel Bar, CEO of Maris-Tech.

Posted In: MTEK

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