News & Events zu Maris Tech Ltd (MTEK)MTEKMaris Tech Ltd

Maris-Tech Order Backlog Reaches Record High of $11M

Maris-Tech announced that the company's order backlog as of November 8, reached a record high of approximately $11M. The company defines backlog as the accumulation of all pending orders with a later fulfillment date for which revenue has not been recognized and the company considers valid.

Maris-Tech Receives Follow-On Order from Israeli Defense Company

Maris-Tech announced that it has received a follow-on order from a Israeli defense industry company for boards from its Neptune family, designed to integrate Maris-Tech's video processing technology into mission computers for unmanned aerial vehicles. The repeat order follows previous deliveries to the same customer and reflects continued demand for Maris-Tech's technology in defense applications.

Maris-Tech Receives Pilot Order from Leading Global Defense Company

Maris-Tech announced that it has received a pilot order for an armored vehicle situational awareness application from a leading global defense company. The order was received through a distributor. The pilot follows an extensive engineering and adaptation process in which Maris-Tech's Jupiter product line was adapted to meet the end customer's specific video streaming requirements for armored vehicle situational awareness. The adaptations developed to address these requirements have expanded the capabilities of Maris-Tech's products that the company believes may also support additional applications and market opportunities across the modern battlefield. Based on estimates and forecasts provided by the end customer, successful completion of the pilot could result in significant follow-on orders over the coming years.