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Maris-Tech Receives First Serial Production Order from Singapore Defense Customer

(Very Positive)
Tags

Maris-Tech (NASDAQ: MTEK) received its first serial production order from an end customer in Singapore's defense sector, placed through a distributor on May 7, 2026. The customer moved from sample testing to serial purchases after comprehensive evaluation.

Management said the order validates Maris-Tech's edge AI and video technology and supports the company's distributor-led international expansion and focus on mission-critical defense markets.

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Positive

  • First serial production order from a Singapore defense end customer
  • Validation of edge AI and video technology after customer testing
  • Distributor-led channel expansion into international defense market

Negative

  • Order value and volume not disclosed, limiting revenue visibility
  • Customer details undisclosed, creating single-customer concentration uncertainty

News Market Reaction – MTEK

+0.85%
3 alerts
+0.85% Session close to close
-15.7% Trough Tracked
$12.12M Market Cap
0.1x Rel. Volume

In the May 7 session, MTEK gained 0.85%, reflecting a mild positive market reaction. Argus tracked a trough of -15.7% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement marks Maris-Tech’s transition from sample testing to serial production orders with...
Analysis

This announcement marks Maris-Tech’s transition from sample testing to serial production orders with a Singapore defense customer, reinforcing prior themes of defense and mission-critical edge AI adoption. It follows earlier governmental orders and pilot programs that highlighted traction in drones and intelligence applications. Investors may monitor how frequently such serial orders recur, the scale of follow-on contracts, and any additional use of the $100,000,000 shelf or the $3,007,329 ATM program when assessing longer-term impact.

Key Figures

Shelf registration size: $100,000,000 ATM program size: $3,007,329 ATM commission: 3.0% +5 more
8 metrics
Shelf registration size $100,000,000 Form F-3 shelf filed March 13, 2026
ATM program size $3,007,329 Ordinary shares via March 30, 2026 ATM
ATM commission 3.0% Sales agreement commission to A.G.P.
Assumed ATM price $1.28 Illustrative sale price in 424B5
Shares outstanding 8,976,315 Ordinary shares as of March 12, 2026
Non-affiliate value $10,063,980 Aggregate market value at $1.55 per share
Reference share price $1.55 Used for shelf market value calculation
Convertible notes principal $2,000,000 Outstanding notes in shelf prospectus

Historical Context

5 past events · Latest: May 06 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 06 AI capability update Positive +0.0% Completed advanced AI-based autonomous tracking for Jupiter drone platforms.
Apr 24 Pilot drones order Positive +3.8% Secured pilot order from U.S. customer for drones OEM module.
Apr 13 Defense tech showcase Positive +5.2% Announced Milipol TechX 2026 Singapore showcase of edge video intelligence.
Apr 06 Govt order expansion Positive +0.0% Expanded governmental intelligence-gathering deployment; orders exceeded $400,000 YTD.
Apr 01 Peer earnings update Negative -0.7% Sidus Space reported lower revenue and wider net loss for 2025.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent Maris-Tech announcements on defense/AI orders and showcases were often framed positively, with three of five prior events seeing price moves aligned with the news tone and two showing little reaction.

Recent Company History

Over the past months, Maris-Tech issued several updates highlighting defense-focused edge AI progress. On Apr 6, an additional governmental intelligence order lifted aggregated customer orders above $400,000. Subsequent news on showcases in Singapore (Apr 13), a U.S. pilot drones order (Apr 24), and an advanced AI tracking capability (May 6) reinforced its mission-critical positioning. Today’s first serial production order from a Singapore defense customer extends this trajectory from pilots and demos toward recurring production demand.

Key Terms

artificial intelligence, edge computing, edge ai
3 terms
artificial intelligence technical
"a global leader in video and artificial intelligence (“AI”)- based edge computing"
Artificial intelligence is the ability of computers and machines to perform tasks that typically require human thinking, such as understanding language, recognizing patterns, or making decisions. For investors, it matters because AI can enhance efficiency, uncover new insights, and enable smarter strategies, potentially impacting the value and performance of companies that develop or utilize this technology.
edge computing technical
"a global leader in video and artificial intelligence (“AI”)- based edge computing technology"
Edge computing is a technology that processes data close to where it is generated, such as sensors or devices, rather than sending it all to a distant central location. This allows for faster decision-making and reduces delays, much like having a local office handle urgent matters instead of waiting for instructions from a main headquarters. For investors, it signifies improved efficiency and real-time insights, which can enhance the performance of technology-dependent industries.
edge ai technical
"leveraging its advanced edge AI and video capabilities to address evolving operational"
Edge AI refers to artificial intelligence systems that process data directly on local devices or nearby servers rather than sending information to distant data centers. This allows for faster decision-making and real-time responses, similar to how a home security camera can instantly detect motion without needing to connect to a remote server. For investors, edge AI represents a growing trend toward more efficient, responsive technology that can create new opportunities across various industries.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Customer advances from sample testing to serial orders, reinforcing confidence in Maris-Tech’s technology by the global defense market

Rehovot, Israel, May 07, 2026 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a global leader in video and artificial intelligence (“AI”)- based edge computing technology, today announced that it has received its first serial production order through a distributor for an end customer in Singapore’s defense sector.

The order follows a comprehensive evaluation process of Maris-Tech’s products. The customer initially procured product samples, which underwent comprehensive testing and assessment. Following this evaluation phase, the customer transitioned from sample orders to serial production purchases.

“We believe that this transition from sample evaluation to serial production orders is an important milestone for Maris-Tech,” said Israel Bar, Chief Executive Officer of Maris-Tech. “We believe that it reflects the customer’s confidence in our products and their performance in demanding operational environments. We view this order as an additional validation of our technology and a meaningful step in strengthening our position in the global defense market. It also aligns with our strategy of expanding our international footprint through distributors and local collaborations.”

Maris-Tech continues to focus on leveraging its advanced edge AI and video capabilities to address evolving operational requirements across defense and other mission-critical sectors, while expanding its presence in key international markets.

About Maris-Tech Ltd.

Maris-Tech delivers AI-powered edge video solutions for mission-critical defense and security operations, enabling real-time situational awareness, intelligence gathering, and surveillance in bandwidth- and latency-constrained environments. Trusted by leading security organizations, Maris-Tech platforms are deployed across UAVs, UGVs, armored vehicles, and dismounted soldier systems, supporting missions that require ultra-low-latency video processing and onboard AI analytics. From intelligence collection in extreme conditions to AI-driven surveillance and terrain dominance, Maris-Tech masters the AI video pipeline at the edge through best-in-class SWaP-optimized, ruggedized computing solutions.

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, the Company is using forward-looking statements when it is discussing customer confidence in the Company’s products and performance, validation of the Company’s technology, strengthening the Company’s position in the global defense market, expanding the Company’s international footprint through distributors and local collaborations, leveraging advanced edge AI and video capabilities, and addressing evolving operational requirements in defense and mission-critical sectors. The Company’s 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: its ability to successfully market its products and services, including in the United States; the acceptance of its products and services by customers; its continued ability to pay operating costs and ability to meet demand for its 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; its ability to successfully develop new products and services; its success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; its ability to comply with applicable regulations; and the other risks and uncertainties described in the Annual Report on Form 20-F for the year ended December 31, 2024, filed with the SEC on March 28, 2025, and its other filings with the Securities and Exchange Commission. The Company undertakes 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:

Nir Bussy, CFO
Tel: +972-72-2424022
Nir@maris-tech.com


FAQ

What did Maris-Tech (MTEK) announce about its Singapore defense order on May 7, 2026?

Maris-Tech announced a first serial production order from a Singapore defense end customer. According to the company, the order follows sample testing and a comprehensive evaluation, and was placed through a distributor as part of its international expansion.

Does the Maris-Tech (MTEK) press release disclose the size or value of the Singapore defense order?

No, the press release does not disclose the order's monetary value or unit volume. According to the company, only the transition from sample testing to serial production purchases and distributor routing were specified.

How did the Singapore defense customer evaluate Maris-Tech (MTEK) products before ordering serial production?

The customer procured product samples that underwent comprehensive testing and assessment. According to the company, successful evaluation led the customer to move from sample orders to serial production purchases.

What does the Singapore order mean for Maris-Tech's (MTEK) international strategy?

The order supports Maris-Tech's distributor-led international expansion into defense markets. According to the company, it is viewed as validation of technology and a step toward strengthening its global defense footprint.

Will the Singapore defense order immediately affect Maris-Tech's (MTEK) revenue guidance?

The announcement does not state any change to revenue guidance or provide timing for revenue recognition. According to the company, the release focuses on the customer's move to serial production rather than financial guidance.