Maris-Tech Ltd.

General Information
Business:

(Note: Maris-Tech Ltd. priced its unit IPO on Feb. 1, 2022, at $4.20 – the low end of its $4.20-to-$5.80 range – on 3.07 million units, in line with the terms in the prospectus, to raise $12.89 million. The company is incorporated and based in Israel. Each unit consists of one ordinary share and one warrant to buy one ordinary share.)

We are a provider of remote video, audio, telemetry acquisition, distribution and sharing solutions and products, using high-end digital video, audio and wireless communication technologies. We design, develop, manufacture and commercially sell miniature intelligent video and audio surveillance and communication systems, which are offered as products and solutions for the professional as well as the civilian and home security markets. Our products and solutions are sold as off the shelf, standalone and ready to use products, or as customized components that meet our customers’ requirements and integrate into their systems and products. Our customers include companies operating in the drone, robotic, defense, homeland security, or HLS, intelligence gathering, autonomous vehicle and space markets.

For the professional markets, we provide a range of customizable, low-power, miniature and features enriched video and audio hardware with integrated embedded firmware, original equipment manufacturer, or OEM, and final products for applications requiring complex and high- performance video and audio processing, streaming, recording, debriefing and analytics functionalities. Our products are mainly designed for unmanned aerial/ground/maritime platforms, miniature drones, observation systems and any other remote video-controlled platforms used for intelligence, surveillance, analysis and investigation. Our products, which are further described below, are already deployed worldwide in unmanned platforms, observation systems, law-enforcement, public-safety, defense, intelligence and other appliances. Our customers include leading electro optical payload, radio frequency, or RF, datalink and unmanned platforms manufacturers as well as other large defense, HLS and communication companies.

Industry: Services - Computer Integrated Systems Design
Employees: 10
Founded: 2008
Contact Information
Address 2 Yitzhak Modai Street Rehovot, Israel 7608804
Phone Number +972-72-2424022
Web Address http://www.maris-tech.com/
View Prospectus: Maris-Tech Ltd.
Financial Information
Market Cap $28.01mil
Revenues $1.79 mil (last 12 months)
Net Income $-0.55 mil (last 12 months)
IPO Profile
Symbol MTEK
Exchange NASDAQ
Shares (millions): 3.1
Price range $4.20 - $4.20
Est. $ Volume $12.9 mil
Manager / Joint Managers Aegis Capital Corp.
CO-Managers -
Expected To Trade: 2/2/2022
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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