financetom
Business
financetom
/
Business
/
Maris-Tech Completes Pilot Product Assembly at US Facility
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Maris-Tech Completes Pilot Product Assembly at US Facility
Apr 8, 2025 8:11 AM

10:48 AM EDT, 04/08/2025 (MT Newswires) -- Maris-Tech ( MTEK ) completed a pilot assembly of an undisclosed core product at a manufacturing facility in Michigan.

The product passed quality assurance tests, marking a step toward bolstering prospects in the US defense market, the company said Tuesday in a statement.

Maris-Tech ( MTEK ), based in Rehovot, Israel, makes AI-powered video processing systems for drones, tactical alert systems for armored vehicles and edge devices for special forces, enabling local data processing without relying on a central server.

Shares of the company jumped 13% in recent Tuesday trading.

Price: 2.00, Change: +0.23, Percent Change: +12.99

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exxon Mobil Projects Sequential Earnings Bump On Energy Price Swings Ahead Of Q1 Report
Exxon Mobil Projects Sequential Earnings Bump On Energy Price Swings Ahead Of Q1 Report
Apr 4, 2025
Exxon Mobil Corporation ( XOM ) shares are trading lower premarket on Friday. The oil giant anticipates changes in oil prices to add first-quarter Upstream earnings quarter-over-quarter by $0.0 billion to $0.4 billion. Also, changes in gas prices are expected to add to its Upstream results by $0.0 billion and $0.4 billion compared to the fourth quarter. Also, Exxon Mobil ( XOM ) projects that variations in industry...
LanzaTech Says It Received Takeover Offer from Carbon Direct Capital
LanzaTech Says It Received Takeover Offer from Carbon Direct Capital
Apr 4, 2025
07:22 AM EDT, 04/04/2025 (MT Newswires) -- LanzaTech Global ( LNZA ) said Friday it received a nonbinding offer from Carbon Direct Capital Management to acquire the company for $0.02 per share. The company said its board will review the offer in consultation with its legal and financial advisers. LanzaTech shares were down nearly 11% in recent premarket activity. ...
U.S. tariffs don't violate NATO treaty, says NATO's Rutte
U.S. tariffs don't violate NATO treaty, says NATO's Rutte
Apr 4, 2025
BRUSSELS (Reuters) - The sweeping new U.S. tariffs announced by President Donald Trump do not violate NATO treaties, the military alliance's Secretary-General Mark Rutte said on Friday after meeting NATO foreign ministers in Brussels. Rutte was responding to a reporter's question that referred to article 2 in the NATO treaty which states: (NATO allies) will seek to eliminate conflict in...
Bunge Global Unit Extends Exchange Offer for Outstanding Viterra Finance Notes
Bunge Global Unit Extends Exchange Offer for Outstanding Viterra Finance Notes
Apr 4, 2025
07:27 AM EDT, 04/04/2025 (MT Newswires) -- Bunge Global ( BG ) said Friday that its Bunge Limited Finance further extended the expiration of its previously announced offers to exchange outstanding 2% notes due 2026, 4.9% notes due 2027, 3.2% notes due 2031, and 5.25% notes due 2032 issued by Viterra Finance. The offer to exchange the notes for cash...
Copyright 2023-2025 - www.financetom.com All Rights Reserved