Maris-Tech to Report Full Year 2024 Financial Results and Provide Corporate Updates on April 2, 2025

$MTEK
Telecommunications Equipment
Telecommunications
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Recent Analyst Ratings for
$MTEK

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$MTEK
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  • Maris-Tech Enters Into Distribution Agreement with Thrikasa Technologies to Expand Presence in India

    Thrikasa Technologies will serve as key local distributor, strengthening Maris-Tech's reach in the Indian defense markets Rehovot, Israel, April 01, 2025 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (NASDAQ:MTEK, MTEKW)) ("Maris-Tech" or the "Company"), a global leader in video and artificial intelligence ("AI")-based edge computing technology, today announced that it has entered into a new distribution agreement with Thrikasa Technologies ("Thrikasa"), a veteran Indian supplier of computing solutions for rugged environments. Pursuant to the agreement, Thrikasa will serve as a key distribution partner for Maris-Tech's solutions across India. With its headquarters in Hyderabad, Thrikasa brings de

    $MTEK
    Telecommunications Equipment
    Telecommunications
  • Maris-Tech Announces Full Year 2024 Financial Results and Reports Record 51% Revenue Growth for 2024 with Improved Profitability

    Revenues Increased by 51%, Gross Profit Increased by 82% and Net Loss Reduced by 54% for the Year Ended December 31, 2024 Rehovot, Israel, March 31, 2025 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (NASDAQ:MTEK, MTEKW)) ("Maris-Tech" or the "Company"), a global leader in video and artificial intelligence ("AI")- based edge computing technology, today announced its financial results for the full year ended December 31, 2024. The Company reported record revenues of approximately $6.1 million, an increase of 51% compared to approximately $4 million for the year ended December 31, 2023. Gross profit for the year ended December 31, 2024, grew by 82%, reaching approximately $3.5 million compared to ap

    $LPTH
    $MTEK
    Semiconductors
    Technology
    Telecommunications Equipment
    Telecommunications
  • Maris-Tech Secures a $4 Million Line of Credit from a Leading Israeli Commercial Bank

    The line of credit will allow the Company flexibility in taking advantage of strategic opportunities Rehovot, Israel, March 27, 2025 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (NASDAQ:MTEK, MTEKW)) ("Maris-Tech" or the "Company"), a global leader in video and artificial intelligence ("AI") based edge computing technology, today announced that it has secured a $4 million line of credit from a leading Israeli commercial bank for a period of 12 months from the date of the agreement.  The line of credit is on accepted commercial terms for similarly-sized companies and includes fixed and floating liens on the Company's assets, customary economic and restrictive covenants by the Company, its U.S. su

    $MTEK
    Telecommunications Equipment
    Telecommunications

$MTEK
SEC Filings

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Leadership Updates

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  • Maris-Tech Strengthens its U.S. Presence with a Strategic Appointment

    Nir Ben Moshe was Appointed as North America Regional Operations Manager Rehovot, Israel, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (NASDAQ:MTEK, MTEKW)) ("Maris-Tech" or the "Company"), a global leader in video and artificial intelligence ("AI")-based edge computing technology, today announced that it has appointed Nir Ben Moshe as the Company's North America Regional Operations Manager. This strategic move demonstrates the Company's commitment to expanding its footprint in the United States. Mr. Ben Moshe, who serves as a member of the Company's advisory committee, will report directly to the Company's Chief Executive Officer and will lead marketing and sales initiatives across

    $MTEK
    Telecommunications Equipment
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  • 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 UAVs and unmanned platforms Rehovot, Israel, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (NASDAQ:MTEK, MTEKW))) ("Maris-Tech" or the "Company"), a B2B provider of artificial intelligence ("A.I.") accelerated video solutions for edge platforms, today announced significant steps toward expansion of its activity in the U.S. market. The Company announced the appointment of Adam Emanuel of Emanuel & Associates, Inc., located in Washington, D.C., to Maris-Tech's Advisory Board and the Co

    $MTEK
    Telecommunications Equipment
    Telecommunications
  • Nir Ben Moshe, Former Director of Security of the Israeli Defense Establishment Joining Maris-Tech

    Ben Moshe will join the advisory board of Maris-Tech as a specialist advisor for business development and global marketing REHOVOT, Israel, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (NASDAQ:MTEK, MTEKW))) ("Maris-Tech" or the "Company"), a B2B provider of intelligent video transmission technology with AI acceleration for edge platforms, announced today the appointment of Nir Ben Moshe, former senior director in the Israeli Ministry of Defense to the advisory board as a specialist advisor for business development and global marketing. Mr. Nir Ben Moshe is a senior executive with experience managing large-scale, highly sensitive national security operations (hundreds of staff

    $MTEK
    Telecommunications Equipment
    Telecommunications

$MTEK
Financials

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  • Maris-Tech Announces Full Year 2024 Financial Results and Reports Record 51% Revenue Growth for 2024 with Improved Profitability

    Revenues Increased by 51%, Gross Profit Increased by 82% and Net Loss Reduced by 54% for the Year Ended December 31, 2024 Rehovot, Israel, March 31, 2025 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (NASDAQ:MTEK, MTEKW)) ("Maris-Tech" or the "Company"), a global leader in video and artificial intelligence ("AI")- based edge computing technology, today announced its financial results for the full year ended December 31, 2024. The Company reported record revenues of approximately $6.1 million, an increase of 51% compared to approximately $4 million for the year ended December 31, 2023. Gross profit for the year ended December 31, 2024, grew by 82%, reaching approximately $3.5 million compared to ap

    $LPTH
    $MTEK
    Semiconductors
    Technology
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  • 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 Rehovot, Israel, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (NASDAQ:MTEK, MTEKW))) ("Maris- Tech" or the "Company"), a global leader in video and artificial intelligence (AI) based edge computing technology, today announced its financial results for the six months ended June 30, 2024. Revenues for the six-month ended June 30, 2024, were approximately $3.4 million, an increase of approximately 620% compared to the same six-month period in 2023. Gross profit for the six-month ended June 30, 2024 was approximately $1.9 mil

    $MTEK
    Telecommunications Equipment
    Telecommunications
  • Maris-Tech Announces Full Year 2023 Financial Results and a Record Revenue Year

    REHOVOT, Israel, March 21, 2024 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (NASDAQ:MTEK, MTEKW))) ("Maris-Tech" or the "Company"), a B2B provider of artificial intelligence ("AI") accelerated video solutions for edge platforms, today announced its financial results for the year ended December 31, 2023. Revenues for the year ended December 31, 2023, were approximately $4.0. million, an increase of 60% compared to approximately $2.5 million for the year ended December 31, 2022. Gross profit for the year ended December 31, 2023, was approximately $1.9 million, an increase of 138% compared to approximately $0.8 million for the year ended December 31, 2022. Net loss for the year ended D

    $MTEK
    Telecommunications Equipment
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$MTEK
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