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Maris-Tech Announces $184K Exercised Option Under A Prime Contractor Agreement For Military Standard Vehicle-Mounted Audio-Based System For Armored Fighting Vehicles; Option Increases Total Contract To ~$534K
The Company believes the exercise of the option reflects the customer's continued confidence in Maris-Tech's execution capabilities following the program's successful progress. Deliveries under the exercised
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Maris-Tech shares are trading lower. The company announced it received an order valued at $10 million for the development and supply of advanced video systems for multiple next-gen manned airborne platforms.
Maris-Tech Announces $10M Order For Airborne Defense Video Systems Under Project With Magam Safety; Options Could Lift Total To About $14.1M
Maris Tech H1 EPS $(0.29) Up From $(0.30) YoY, Sales $2.078M Up From $707.021K YoY
Maris Tech (NASDAQ:MTEK) reported quarterly losses of $(0.29) per share. This is a 3.33 percent increase over losses of $(0.30) per share from the same period last year. The company reported $2.078 million in sales