Maris-Tech Receives $280,000 Order for Jupiter-Nano Platform from a U.K. Distributor for a Drone Manufacturer
October 05 2023 - 8:10AM
Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“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 for its Jupiter-Nano platform products from
Antrica, the Company’s U.K. distributor, for a
drone manufacturer.
The advanced Jupiter-Nano platform provides
video streaming solutions on advanced drone applications.
Maris-Tech offers the ultimate solution for low-latency video
streaming as well as edge computing solutions that enhance drone
operational performance. New orders through this and its other
distributors are a testimony to the quality and reliability of
Maris-Tech's powerful, sophisticated technology.
"This order for our innovative Jupiter-Nano
platform further solidifies our increasingly strong
position in the drone market worldwide. Maris-Tech continues its
marketing efforts in this growing market, answering the critical
need for advanced video streaming systems in a wide range of
applications," said Maris-Tech CEO, Israel Bar.
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 relationship
with our distributors, the quality and reliability of our
technology and solutions, the advantages of our Jupiter-Nano
platform and other products, our strong position in the drone
market worldwide and our future marketing efforts. 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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