Business
First Order for Maris Tech from India - Maris-Tech received an order for $392,000 from a Leading Indian Company for Electro-Optical Solutions
The order marks Maris-Tech's penetration into the Indian Market Rehovot, Israel, July 13, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK)
About this update from Maris-tech Ltd.
[{"type":"text","content":"The order marks Maris-Tech's penetration into the Indian Market Rehovot, Israel, July 13, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK) (“Maris-Tech” or the “Company”), a B2B provider of edge computing AI-accelerated video solutions for edge platforms, today announced that it had received a new order from a leading Indian electro-optics and surveillance systems provider. The order is for a product based on Maris-Tech's innovative Mars technology, featuring advanced video streaming and recording capabilities, and it is expected to be delivered to the customer during the year 2023. \"This new order emphasizes Maris-Tech's ever-expanding global presence. We are very excited about this new market and this new customer and are also looking forward to presenting our products to a wider audience at the India Homeland Security Expo taking place on July 26 and 27, 2023,” said Israel Bar, the 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, HLS, 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, Maris is using forward-looking statements when it is discussing the timing of the expected delivery of its order from a le...