Maris-Tech to develop Uranus-AI-the next generation of 8K

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of A new development follows the successful launch of Maris-Tech’s flagship product Jupiter-AI in mid-2022.

Rehovot, Israel, January 11, 2023 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a B2B provider of intelligent video transmission technology with AI to accelerate edge platforms, today announced the launch of Uranus-AI, an up to 8K Ultra-HD video platform in HD. /Ultra-HD streams with dual Hilo Hilo-8™ AI accelerators up to 26 Tera operations per second each.

Uranus-AI, the next generation of the successful Jupiter-AI, “Maris Edge” (the ultimate hardware and software solution for remote platforms) will greatly enhance future performance.

The company expects to commercialize and introduce Uranus-AI in the fourth quarter of 2023.

“As an innovative provider of advanced video with AI acceleration solutions, we are constantly monitoring the market’s new needs and future performance requirements for video-based edge computing and are committed to staying ahead of our solutions,” said Israel Barr, CEO of Maris. “In 2022, we successfully launched the Jupiter-AI platform, which generated strong demand from the industry for our products and technologies, resulting in new customers and purchase orders.”

Uranus-AI responds to the rapidly growing demand for multiple Ultra-HD video sensors installed on remote platforms, especially unmanned, to achieve excellent video quality and detail accuracy, as well as the significant AI acceleration performance needed to exploit high resolution and resolution.

Uranus-AI is designed to address defense, HLS, transportation and new space markets for drones, unmanned defense vehicles, situational awareness, surveillance systems, autonomous vehicles, traffic control and space applications.

About Maris-Tech Ltd.

Maris-Tech is a B2B intelligent video transmission technology provider founded by veterans of the Israeli technology sector with extensive electrical engineering and imaging experience. Our products are designed to meet the growing demands of commercial and tactical applications, providing high-performance, compact, low-power and low-latency solutions to companies worldwide, including leading electro-optical payload, RF datalink and unmanned platform manufacturers, as well as defense. HLS, and communication companies. For more information, visit https://www.maris-tech.com/.

Disclaimer of Forward-Looking Statements

This press release port” created by those classes. Forward-looking statements that are based on certain assumptions and describe our future plans, strategies and expectations may generally be identified by the use of forward-looking words such as “believe,” “expect,” “may,” “should.” ” “may,” “intend,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other similar words. For example, we are using forward-looking statements when discussing Uranus-AI’s launch timing, features and expected benefits. Forward-looking statements are not historical facts or assurances of future performance. Rather, they are based solely on our current beliefs, expectations and estimates regarding the future plans and strategies of our business, forecasts, expected events and trends, economic and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are beyond our control. Our actual results and financial condition may differ materially from those expressed in forward-looking statements. Therefore, you should not place undue reliance on these forward-looking statements. The main factors that could cause our actual results and financial condition to differ materially from those expressed in forward-looking statements include, among others: our ability to successfully market our products and services, including in the United States; Customer acceptance of our products and services; our continued ability to pay operating expenses and meet demand for our products and services; the extent and nature of competition from other security and telecom products and services; the effects of changes in the cyber security and telecom markets; Ability to successfully develop new products and services; our success in establishing and maintaining cooperative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and other risks and uncertainties on Form 20-F for the year ended December 31, 2021, with the SEC and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, whether as a result of new information, future developments or otherwise that may be made from time to time.

Investor Relations:

Michael Efrati,
Adi and Michal PR-IR
Investor Relations, Israel

+ 972-72-2424022
ir@maris-tech.com

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