Maris Tech Collaborates with LightPath for AI-Ready Infrared Cameras
12 Giugno 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 a
collaboration with LightPath's (Nasdaq: LPTH) ("LightPath") in
which Maris-tech integrated critical firmware and hardware to
support AI algorithms embedded in LightPath's infrared cameras,
completing a significant step in the evolution of LightPath's
technology with the support of AI accelerated hardware, software
and algorithms in all its infrared cameras.
The new AI-enabled feature will be available as
an option on all of LightPath's cameras and is referred to as
EdgeIR™.
"We are extremely proud of this important
collaboration, marking the next step in the evolution of optical
solutions within AI systems. Adding embedded AI hardware and
software at the edge within the video pipeline is crucial for
real-world deployment of AI models," said Israel Bar, CEO of
Maris-Tech. “The demand from the defense and industrial market has
shown that bandwidth and security issues in cloud and server
frameworks hinder integrating optical systems with trained AI
models in field applications. Incorporating embedded AI hardware
and software simplifies deployment, minimizes the need for hardware
customization, and enables customers to focus on their core system
goals,” Mr. Bar added.
The new EdgeIR™ cameras integrate Maris-Tech’s
technology with an embedded Hailo-8 AI accelerator into the
hardware, enabling customers to upload and run their preferred
trained AI models on the edge at the camera level. This new
capability, which will be available on all of LightPath's cameras,
will enable real-time, low-latency streaming and high-efficiency AI
inferencing on the camera's video stream.
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,
R.F. 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 are discussing our
collaboration with LightPath and the integration the Company’s
technology into LightPath's infrared cameras, and the implications
of such integration, including that the new EdgeIR™ cameras will
enable customers to upload and run their preferred trained AI
models on the edge at the camera level and that will enable
real-time, low-latency streaming and high-efficiency AI inferencing
on the camera's video stream. 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, 2023, filed with the SEC on March 21, 2024,
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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