Maris-Tech Ltd. (MTEK)
Market Cap | 11.90M |
Revenue (ttm) | 4.03M |
Net Income (ttm) | -2.71M |
Shares Out | 7.88M |
EPS (ttm) | -0.34 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 20,405 |
Open | 1.530 |
Previous Close | 1.530 |
Day's Range | 1.502 - 1.630 |
52-Week Range | 0.710 - 1.755 |
Beta | 1.33 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | May 7, 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 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 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...
Maris-Tech Receives New Order For $550,000 From A Company In The Defense Industry For a Unique Intelligence-Gathering Situational Awareness Solution For Armored and Autonomous Vehicles
The solution is based on Maris-Tech's powerful Jupiter AI platform and features advanced capabilities Rehovot, Israel, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-T...
Maris-Tech Receives Grant Approval in the Amount of Approximately $156,000 from the Israel Innovation Authority for the Second Year of a Joint Development Project with the Ben Gurion University
The Company is jointly developing an advanced AI and machine learning-based system with the Ben Gurion University to predict drone faults integrated on Maris-Tech systems
Maris-Tech Receives $625,000 Follow-On Order for its Opal Platform from a Leading Defense Company
Order underscores the advanced capabilities, high performance and successful application of Maris-Tech's innovative products in the defense market
Maris-Tech Regains Compliance with Nasdaq Minimum Closing Bid Price Rule
REHOVOT, Israel, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the "Company"), a B2B provider of intelligent video transmission technology with artificial i...
Maris-Tech Announces Expansion of Commercial Activity in the U.S. Defense Market
Industry Veteran Adam Emanuel has been appointed to the Company's advisory board and Maris-Tech will partner with Altagrove LLC to promote the Company's innovative solutions for integration on various...
Maris-Tech Announces Receipt of Nasdaq Minimum Price Bid Notification
Rehovot, Israel, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a B2B provider of edge AI accelerated video solutions for edge platforms, toda...
Maris-Tech and ParaZero Technologies Expand their Collaboration into the Defense Market for Drones
The joint solution will integrate safety technology and predictive maintenance into a unified platform, leveraging Maris-Tech's artificial intelligence and video analytics capabilities Rehovot, Israel...
Maris-Tech to Exhibit at Milipol Paris 2023: Featuring its AI-Based Intelligence Gathering and Advanced Video Payload Solutions
The comprehensive range of innovative solutions provides remote and autonomous platforms a technological edge in a wide range of law enforcement, homeland security and defense applications
Maris-Tech Launches Ultra-Compact AI-Powered Video Analytics Product - The Jupiter Drones for the Unmanned Aerial Vehicle Market
The versatile solution is suitable for diverse drone needs and can be tailored to multiple camera configurations
Maris-Tech Receives $280,000 Order for Jupiter-Nano Platform from a U.K. Distributor for a Drone Manufacturer
Secured from U.K. distributor Antrica, the order underscores Maris-Tech's increasing foothold in the global drone market
Maris-Tech CEO Issues Letter to Shareholders Discussing Revenue Forecast for 2023 and Market Opportunity
Maris - Tech expects revenues of approximately $3.7 to $4.2 million in 2023 , or increase of approximately 48 % to 68 % compared to 2022
Maris-Tech Announces Financial Results For the Six Months Ended June 30, 2023
Rehovot, Israel, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a B2B provider of edge computing artificial intelligence (“AI”) accelerated v...
Maris-Tech Receives New Order for $234,000 from a Governmental Agency for the Development of a Customized Solution for Intelligence-Gathering Applications
The C ompany continues to make inroads in to the intelligence field among government agencies