Recent Updates — MTEKW
Maris-Tech Ltd. has scheduled a special general meeting of shareholders for November 10, 2026, to consider a proposal granting the board of directors discretion to effect one or more reverse share splits. The authorization allows for individual splits with ratios ranging from 1-for-2 up to a cumulative maximum ratio of 1-for-250 within an 18-month period following the meeting. This framework is intended to provide flexibility to maintain compliance with Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. The board unanimously recommends voting in favor of the proposal, noting that it allows management to time and size splits based on market conditions and trading prices. Maris-Tech Ltd. operates in the cybersecurity industry, providing AI-driven threat detection solutions.
Maris-Tech Ltd. announced the launch of Uranus-Drones-V2, a compact video and artificial intelligence processing platform designed for integration into unmanned aerial vehicles (UAVs). The new system supports up to four ultra-high-definition camera inputs with processing capabilities exceeding 30 tera operations per second. It connects directly to drone autopilots and incorporates onboard sensors to enable high-level autonomous flight functionality, targeting applications such as surveillance, tracking, and loitering munitions. Maris-Tech expects the platform to generate orders from existing and new drone manufacturers due to its small size, low weight, and low power consumption. The company operates in the defense technology sector, providing AI-powered edge video solutions for mission-critical security operations.
Maris-Tech Ltd. announced it has received a pilot order for an armored vehicle situational awareness application from a leading global defense industry player, facilitated through a distributor. The order follows extensive engineering and adaptation of the Company's Jupiter product line to meet specific video streaming requirements. Successful completion of the pilot could result in significant follow-on orders over the coming years. Maris-Tech delivers AI-powered edge video solutions for mission-critical defense and security operations.