Maris-Tech Further Expands into the Defense World - Launches Emerald Raw Video Recording Solution
26 Febbraio 2024 - 2:10PM
Maris-Tech Ltd. (Nasdaq: MTEK) ("Maris-Tech" or the "Company"), a
B2B provider of edge computing artificial intelligence (AI)
accelerated video solutions for edge platforms, today announced the
launch of the Emerald, a
Jupiter-based
multiple-channel high-definition and standard-definition raw video
recording platform especially designed for defense armored
vehicles.
Maris-Tech is addressing the rapidly growing demand for AI-based
situational awareness and autonomous unmanned vehicle applications.
Raw video gathered from the field during operational activity is
essential for continuous deep learning and AI algorithm
improvement.“Maris-Tech intends to integrate raw video recording as
a key feature in its Jupiter and Uranus product offerings and
strengthen the Company’s position as a leading supplier of such
solutions for the defense, Homeland Security (HLS), intelligence
gathering and new space markets,” said Israel Bar, Chief Executive
Officer of Maris-Tech.
About Maris-Tech Ltd.
Maris-Tech is a B2B provider of video streaming and AI
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, homeland security, and
communication companies. For more information, visit
https://www.maris-tech.com.
Forward-Looking Statement Disclaimer
This press release contains "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, that are intended to be covered by the "safe
harbor" created by those sections. Forward-looking statements,
which are based on certain assumptions and describe our future
plans, strategies and expectations, can generally be identified by
the use of forward-looking terms such as "believe", "expect",
“may”, “should”, “could”, “seek”, “intend”, “plan”, “goal”,
“estimate”, “anticipate” or other comparable terms. For example, we
are using forward-looking statements when we discuss our belief
that we are addressing the rapidly growing demand for AI-based
situational awareness and autonomous unmanned vehicle applications,
that raw video gathered from the field during operational activity
is essential for continuous deep learning and AI algorithm
improvement, and that we intend to integrate raw video recording as
a key feature in our Jupiter and Uranus product offeringse and
strengthen our position as a leading supplier of such solutions for
the defense, HLS, intelligence gathering and new space markets.
Forward-looking statements are neither historical facts nor
assurances of future performance. Instead, they are based only on
our current beliefs, expectations and assumptions regarding the
future of our business, future plans and strategies, projections,
anticipated events and trends, the economy and other future
conditions. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict and many of
which are outside of our control. Our actual results and financial
condition may differ materially from those indicated in the
forward-looking statements. Therefore, you should not rely on any
of these forward-looking statements. Important factors that could
cause our actual results and financial condition to differ
materially from those indicated in the forward-looking statements
include, among others, the following: our ability to successfully
market our products and services, including in the United States;
the acceptance of our products and services by customers; our
continued ability to pay operating costs and ability to meet demand
for our products and services; the amount and nature of competition
from other security and telecom products and services; the effects
of changes in the cybersecurity and telecom markets; our ability to
successfully develop new products and services; our success
establishing and maintaining collaborative, strategic alliance
agreements, licensing and supplier arrangements; our ability to
comply with applicable regulations; and the other risks and
uncertainties described in the Annual Report on Form 20-F for the
year ended December 31, 2022, filed with the SEC on March 6, 2023,
and our other filings with the SEC. We undertake no obligation to
publicly update any forward-looking statement, whether written or
oral, that may be made from time to time, whether as a result of
new information, future developments or otherwise.
Investor Relations:Nir Bussy,
CFOTel:
+972-72-2424022Nir@maris-tech.com
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