Business
Maris-Tech Receives New Order for $234,000 from a Governmental Agency for the Development of a Customized Solution for Intelligence-Gathering Applications
The Company continues to make inroads into the intelligence field among government agencies Rehovot, Israel, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Maris-Tech
About this update from Maris-tech Ltd.
[{"type":"text","content":"The Company continues to make inroads into the intelligence field among government agencies Rehovot, Israel, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK) (“Maris-Tech” or the “Company”), a B2B provider of edge AI accelerated video solutions for edge platforms, today announced that it has received a new order from an Israeli government defense agency, for a customized solution. The Company will develop a unique system for sophisticated intelligence-gathering applications based on Maris-Tech's powerful solutions, incorporating advanced video streaming and recording capabilities. Maris-Tech anticipates receiving additional follow-up orders for system production and delivery. \"This order to develop a product featuring our cutting-edge intelligence gathering capabilities based on our innovative technology underscores Maris-Tech's continued success meeting the evolving needs for homeland security (HLS) and defense platforms with high-performance solutions in flexible configurations,\" said Israel Bar, Chief Executive Officer of Maris-Tech. 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 the development of a customized solution for sophisticated intelligence-gathering applications, future orders for the production and delivery of such solution and our continued success meeting the evolving needs of [of the market?] for homeland security (HLS) and defense platforms. 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,...