Maris-Tech Ltd. (NASDAQ:MTEK, MTEKW)) ("Maris-Tech" or the "Company"), a provider of advanced defense technology solutions, today announced that it has been awarded a government defense contract to develop and supply a MIL-STD vehicle-mounted audio-based system for armored fighting vehicles.

The contract represents a significant milestone for the Company, marking Maris-Tech’s first contract as the prime contractor. The orders underlying the contract, with an aggregate value of approximately $350,000, are expected to be delivered by the end of 2026, and further strengthen the Company's position as a direct supplier of defense systems while expanding its portfolio beyond its established edge video and AI capabilities into adjacent battlefield systems.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.