Maris-Tech Launches Ultra-Compact AI-Powered Video Analytics Product - The Jupiter Drones for the Unmanned Aerial Vehicle Market
October 06 2023 - 8:10AM
Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the
“Company”), a B2B provider of edge artificial intelligence (“AI")
accelerated video solutions for edge platforms, today announced the
launch of Jupiter Drones, an innovative, drone-oriented solution
based on Maris-Tech's Jupiter Nano platform.
Jupiter Drones meets the diverse and emerging requirements of
the drone market, suitable for a wide range of professional
civilian, homeland security, and defense applications. The unique,
compact, and lightweight product is specifically tailored to fit
the various configurations of drone cameras and offers an optional
add-on AI acceleration module.
Jupiter Drones was demonstrated at the Commercial UAV Expo held
in September 2023 in the United States.
"Our breakthrough product has a lighter,
compact form factor uniquely designed for integration on drones,
featuring Maris-Tech's powerful, best-in-class video streaming
technologies. Maris-Tech continues to focus on high-performance
solutions that deliver a technological edge and superior
operational performance for every type of unmanned platform," said
Israel Bar, 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, we are using
forward-looking statements when we are discussing the advantages
and benefits of the Jupiter Drones and our other solutions.
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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