Maris-Tech's Technology to be Deployed at Beresheet 2 Lunar Mission- Israeli Spacecraft
July 05 2022 - 9:00AM
Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW)
(“Maris-Tech” or the “Company”), a B2B provider of intelligent
video transmission technology, today announced that it has been
chosen by SpaceIL, an organization that strives to promote science
and science education, which in 2019 became the first private
entity in history to reach the moon, to take part in "Beresheet 2
Lunar Mission", Israeli Lunar Spacecraft. As a result, the Company
received a purchase order, for the Jupiter-Space development.
The Company's Neptune-Space previously served as the video
recording and streaming solution on the 2019 SpaceIL “Beresheet”
spacecraft, the first Israeli and the first privately initiated
mission to land on the moon.
"We are thrilled to take part in this important mission. Our
unique and miniature technology allows users to stream high quality
video in real time and in extreme conditions. We strive to provide
our customers with cutting-edge, custom technologies, and are
pleased with our second mission with SpaceIL," said Israel Bar, CEO
of Maris-Tech.
Shimon Sarid, CEO of SpaceIL, commented "We are proud to team up
with Maris-Tech and make together our journey all the way to the
moon.”
Beresheet 2 Lunar Mission is a three Spacecraft Mission to the
Moon: one Orbiter and two Landers. The Orbiter is planned to launch
from Earth while carrying the two Landers, arrive to the moon,
safely release the Landers at different times and continue orbiting
the moon for several years, while the Landers are planned to be
released from the Orbiter and land at different sites on the moon.
Each spacecraft is performing at least one scientific mission.
The Jupiter-Space is designated for both Beresheet 2 Landers and
Orbiter. It oversees cameras operation, image processing and
additional processing including hosting landing algorithm.
About Maris-Tech Ltd.
Maris-Tech is a B2B provider of intelligent video transmission
technology, founded by veterans of the Israel technology sector
with extensive electrical engineering and imaging experience. Our
products are designed to meet the growing demands of commercial and
tactical applications, delivering 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/.
Forward-Looking Statement Disclaimer
This press release contains “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, that are intended to be covered by the “safe harbor”
created by those sections. Forward-looking statements, which are
based on certain assumptions and describe our future plans,
strategies and expectations, can generally be identified by the use
of forward-looking terms such as “believe,” “expect,” “may,”
“should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,”
“anticipate” or other comparable terms. For example, we are using
forward-looking statements when we are discussing the details of
Beresheet 2 Lunar Mission. Forward-looking statements are neither
historical facts nor assurances of future performance. Instead,
they are based only on our current beliefs, expectations and
assumptions regarding the future of our business, future plans and
strategies, projections, anticipated events and trends, the economy
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 outside of our control. Our actual results
and financial condition may differ materially from those indicated
in the forward-looking statements. Therefore, you should not rely
on any of these forward-looking statements. Important factors that
could cause our actual results and financial condition to differ
materially from those indicated in the forward-looking statements
include, among others, the following: our ability to successfully
market our products and services, including in the United States;
the acceptance of our products and services by customers; our
continued ability to pay operating costs and ability to meet demand
for our products and services; the amount and nature of competition
from other security and telecom products and services; the effects
of changes in the cybersecurity and telecom markets; our ability to
successfully develop new products and services; our success
establishing and maintaining collaborative, strategic alliance
agreements, licensing and supplier arrangements; our ability to
comply with applicable regulations; and the other risks and
uncertainties described in the Company's Annual Report on Form
20-F, filed with the SEC related to our initial public offering and
our other filings with the SEC. We undertake no obligation to
publicly update any forward-looking statement, whether written or
oral, that may be made from time to time, whether as a result of
new information, future developments or otherwise.
Investor Relations:
Michal Efraty,Adi and Michal PR- IRInvestor Relations,
Israel
+972-(0)52-3044404michal@efraty.com
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