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Maris Tech (MTEK)

Research analysts covering Maris Tech.

Recent press releases and 8-K filings for MTEK.

Maris-Tech Ltd. Secures $2 Million Financing
MTEK
Debt Issuance
New Projects/Investments
  • Maris-Tech Ltd. secured $2 million in financing through the issuance of non-interest bearing convertible promissory notes to institutional investors on November 25, 2025. The notes are not repayable in cash, with obligations satisfied solely through the issuance of ordinary shares upon conversion.
  • The company intends to use the net proceeds for working capital, general corporate purposes, and to support initiatives aimed at strengthening its capital structure and U.S. commercial market activities.
  • The notes have staggered conversion periods: one note for $1.5 million allows up to $1 million to be convertible after six months and the remaining $500,000 after twelve months, while the other note for $500,000 is fully convertible after twelve months.
  • Any outstanding principal will automatically convert after twenty-four months from the issuance date, with the conversion price set at 70% of the lowest daily volume-weighted average price (VWAP) over five trading days, subject to a floor of 80% of the closing trading price on the issuance date.
Nov 28, 2025, 6:51 PM
Maris-Tech Introduces Garnet for Miniature Drones
MTEK
Product Launch
New Projects/Investments
  • Maris-Tech Ltd. announced the launch of Garnet, a new compact, low-power video and AI payload for miniature drones, on November 17, 2025.
  • Garnet integrates thermal and day cameras with a radio frequency datalink, offering capabilities such as low-latency video streaming, onboard recording, and AI models for defense-grade unmanned aerial systems.
  • A leading defense industry customer has already ordered samples of Garnet, which Maris-Tech views as a step towards providing turnkey solutions for the rapidly growing miniature drone market.
Nov 17, 2025, 2:15 PM
Maris-Tech Receives Repeat Opal System Order
MTEK
New Projects/Investments
  • Maris-Tech Ltd. has received a repeat order for its Opal ruggedized video intelligence system from a leading Israeli defense company.
  • The value of this latest purchase order is approximately $230,000.
  • This order brings the total Opal system orders from this specific customer to approximately $1.7 million.
Nov 14, 2025, 2:15 PM
Maris-Tech Announces Strategic Collaboration with Quantum Gyro to Develop GPS-Replacement Navigation System
MTEK
New Projects/Investments
Product Launch
  • Maris-Tech Ltd. has entered a strategic collaboration agreement with Quantum Gyro Ltd. to develop the ME-Nav, an advanced navigation system integrating Maris-Tech’s edge AI computing with Quantum Gyro’s quantum gyroscope technology, designed for GPS-denied environments.
  • The companies will form a new entity ("NewCo") to commercialize the ME-Nav, with Maris-Tech holding a 51% controlling interest and exclusive global rights to manufacture, market, and distribute the product line.
  • The development of ME-Nav is expected to span 24 months with a target budget of approximately $1 million, funded by loans from both companies.
Nov 10, 2025, 2:15 PM
Maris-Tech Announces Collaboration with Quantum Gyro
MTEK
New Projects/Investments
  • Maris-Tech Ltd. has entered a collaboration agreement with Quantum Gyro Ltd. to develop ME-Nav, an advanced global navigation satellite system (GNSS)-denied navigation system.
  • The ME-Nav system will integrate Maris-Tech's edge AI computing platform with Quantum Gyro's quantum gyroscope technology, designed for mission-critical applications where GPS is unavailable or jammed.
  • A new entity (NewCo) will be formed to commercialize ME-Nav, with Maris-Tech owning 51% and Quantum Gyro owning 49% of its outstanding equity interests. Maris-Tech will also have exclusive global rights to manufacture, market, and distribute the ME-Nav product line.
  • The collaboration has a target budget of approximately $1 million, expected to be funded by loans from both companies, and development is anticipated to progress over the next 24 months.
Nov 10, 2025, 2:00 PM
Maris-Tech Announces Financial Results for Six Months Ended June 30, 2025
MTEK
Earnings
Demand Weakening
New Projects/Investments
  • Revenues for the six months ended June 30, 2025, significantly decreased to $707,021 from $3,410,258 for the same period in 2024.
  • The company reported a net loss of $2,388,294 for the six months ended June 30, 2025, compared to a net income of $131,797 in the prior year's comparable period.
  • Total cash and cash equivalents increased to $2,769,901 as of June 30, 2025, up from $2,294,679 as of June 30, 2024.
  • CEO Israel Bar acknowledged the challenges faced in the first half of 2025 but emphasized continued investment in AI and video streaming solutions for the defense and homeland security markets to position for long-term growth.
Sep 26, 2025, 8:06 PM
Maris-Tech Reports Significant Revenue Decline and Net Loss in H1 2025, Expands Market Reach
MTEK
Earnings
Demand Weakening
New Projects/Investments
  • Maris-Tech Ltd. reported a significant financial downturn for the six months ended June 30, 2025, with revenues decreasing by 79% to $707,021 and a shift from a net profit of $131,797 to a net loss of $(2,388,294) compared to the same period in 2024.
  • The company's financial condition as of June 30, 2025, raises substantial doubt about its ability to fund operations for the next twelve months without obtaining additional funding.
  • Despite financial challenges, Maris-Tech expanded its market presence through new distribution agreements in India, Poland, and Singapore and strengthened its U.S. operations with a pilot manufacturing project and a product supply agreement with One Stop Systems, Inc. between April and August 2025.
  • The company also unveiled Peridot, a new AI-powered passive observation system, and received purchase orders totaling $244,000 for AI-powered surveillance and ruggedized AI platforms in June and July 2025.
Sep 26, 2025, 8:02 PM

Quarterly earnings call transcripts for Maris Tech.