Maris-Tech Ltd. (MTEK)
| Market Cap | 13.79M |
| Revenue (ttm) | 6.97M |
| Net Income (ttm) | -313,772 |
| Shares Out | 7.88M |
| EPS (ttm) | -0.04 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 13,219 |
| Open | 1.740 |
| Previous Close | 1.800 |
| Day's Range | 1.700 - 1.760 |
| 52-Week Range | 0.970 - 2.170 |
| Beta | 1.27 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Dec 3, 2024 |
About MTEK
Maris-Tech Ltd. designs and manufactures digital video and audio hardware and software solutions for the professionals, civilian and home security, and defense and homeland security markets in Israel, the United Kingdom, Australia, the United States, and internationally. The company offers low latency video encoding and decoding platform to handle multiple video channels; dual channel low power encoder systems; miniature recording and streaming platforms; miniature intelligent video surveillance solutions; power and modular video encoding/decod... [Read more]
Financial Performance
In 2023, Maris-Tech's revenue was $4.03 million, an increase of 60.93% compared to the previous year's $2.50 million. Losses were -$2.71 million, -26.54% less than in 2022.
Financial StatementsNews
Maris-Tech is Expanding its Operations in the U.S.
Leading Video and AI-based Edge Computing Company Establishes U.S. Subsidiary to Accelerate Growth in the U.S. Defense and Homeland Security Sectors
Maris-Tech Enhances its Diamond Platform to Combat Airborne Threats with Diamond Ultra — Facilitating Defense and Situational Awareness for Armored Fighting Vehicles
Diamond Ultra integrates up to 12 high definition (“HD”) cameras, providing 360° 3D and airborne threat protection for Armored Fighting Vehicles (“AFV”). Powered by two Hailo AI processors, it enables...
Maris-Tech Announces that its Amethyst Edge Computing Video Solution Now Supports 5G, Enabling Ultra-Speed and High Data Transfer
5G integrations for homeland security, safe cities, civil security and defense markets empowers next-generation video streaming technology
Maris-Tech Receives U.S. Patent for Innovative Forward Error Correction Optimization Method
The patented method reduces overhead data required in the forward error correction process based on specific characteristics of streamed media communication
Maris-Tech Announces Financial Results and Net Profit for the Six Months Ended June 30, 2024
Revenues for the six-months ended June 30, 2024 were approximately $3.4 million, an increase of approximately 620% compared to the same period in 2023
Maris-Tech Ltd. Announces Preliminary Gross Revenues for the First Half of 2024 of Approximately $3,000,000-$3,400,000
Driven by robust demand for the Company's defense and AI-powered solutions, gross revenues for the six-month period ended June 30, 2024, increased by approximately 630%-720 % compared to the same six-...
Maris-Tech Secures a $700,000 Order from a Repeat Customer in the Defense Industry for Innovative AI-Based Video Distribution Solution
The customized high-end system will be designed for integration on armored vehicles Rehovot, Israel, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) ("Maris-Tech" or the "Compa...
Maris-Tech Unveils "Diamond" System - A Revolutionary Defense 360° 3D Situational Awareness Solution for Armored Fighting Vehicles
Rehovot, Israel, July 24, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW), a global leader in artificial intelligence (AI) based edge computing and video solutions, proudly announced to...
LightPath Introduces AI-Ready Infrared Cameras
Collaboration with Maris-Tech adds critical firmware and hardware to support customer's A.I. algorithms ORLANDO, FL / ACCESSWIRE / June 12, 2024 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPat...
Maris Tech Collaborates with LightPath for AI-Ready Infrared Cameras
Maris - Tech integrated critical firmware and hardware to support AI algorithms embedded in LightPath's Infrared Cameras
Maris-Tech Receives Repeat Order for Approximately $957,000 from a Company in the Defense Industry for its Unique Situational Awareness Solution for Armored Vehicles
This marks the third repeat order from the defense industry customer for this solution, which enables armored fighting vehicle (“AFV”) crews to detect and respond to dismounted threats
Maris-Tech Receives New Order for $225,000 From a Military Drone Manufacturer for a Unique Solution for Unmanned Aircraft Systems
The advanced video payload for drones will be based on Maris-Tech's Uranus technology Rehovot, Israel, June 03, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK) ("Maris-Tech" or the "Company")...
Maris-Tech to Showcase Its Innovative Solutions at the Special Operations Forces Week
The annual conference for U.S. and international special operations forces is expected to host more than 15,000 attendees
Maris-Tech Receives New Order for Approximately $110,000 From an Existing Customer in the Defense Industry for a Novel Miniature Intelligence-Gathering Product
The unique solution for defense applications is based on the Mars platform technology Rehovot, Israel, April 08, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Co...
Maris-Tech Receives New Order for $415,800 from an Existing Defense Industry Customer
The Company will deliver a product for defense applications based on its powerful Jupiter Nano platform Rehovot, Israel, April 03, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Mari...
Maris-Tech Ltd. (MTEK) Q4 2023 Earnings Call Transcript
Maris-Tech Ltd. (MTEK) Q4 2023 Earnings Call Transcript
Maris-Tech Announces Collaboration with Global Semiconductor Powerhouse Renesas Electronics Corporation to Advance Edge Computing Solutions and Acceptance into its Preferred Partner Program
The Preferred Partner status enables Maris-Tech to spearhead the advancement of edge computing solutions, aligning with both companies' dedication to innovation across crucial markets
Maris-Tech Announces Full Year 2023 Financial Results and a Record Revenue Year
Annual Revenues of Approximately $4.0 million for the Year Ended December 31, 2023, Representing 60% Growth in Revenue Over 2022 Annual Revenues of Approximately $4.0 million for the Year Ended Decemb...
Maris-Tech to Report 2023 Financial Results and Present 2024 Forecast on March 26, 2024
The Company will host a webinar with investors on Tuesday, March 26, 2024 at 9:00 a.m., Eastern Time
Maris-Tech Further Expands into the Defense World - Launches Emerald Raw Video Recording Solution
Rehovot, Israel, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK) ("Maris-Tech" or the "Company"), a B2B provider of edge computing artificial intelligence (AI) accelerated video solut...
Maris-Tech Receives Repeat Order for Approximately $600,000 with an Option to Increase to Approximately $730,000 from a Company in the Defense Industry for its Unique Situational Awareness Solution
Total orders for the innovative, customized system from this customer climb to approximately $1,287,000
Maris-Tech Receives Order for Approximately $190,000 From a Return Customer in the Defense Industry
For a miniature low-power solution to enhance gun sight capabilities in tactical applications
Maris-Tech Announces Record Backlog of Approximately $10,800,000
Rehovot, Israel, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK) ("Maris-Tech" or the "Company"), a B2B provider of edge computing artificial intelligence (AI) accelerated video sol...
Maris-Tech Announces Preliminary Gross Revenue Projection For 2024 in Excess of $7,000,000
Demand for the Company's defense and AI-powered solutions is expected to increase gross revenues by approximately 75% compared to the previous year
A Record Revenue Year for Maris-Tech.
Preliminary 2023 Gross Revenues Expected to Be Approximately $4,000,000 Driven by robust demand for the Company's defense and AI-powered solutions, gross revenues increased by approximately 60% compar...