Maris-Tech wins $10M order for airborne video systems

Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) announced it has received a $10 million order for the development and supply of advanced video systems for next-generation manned airborne platforms, according to a company press release dated Sept. 28, 2026.

The order was placed under a multi-year project carried out in collaboration with Magam Safety Ltd., an Israeli defense supplier founded in 1934 that produces protective and survivability equipment for aerospace and defense customers, including the Israel Defense Forces.

The contract includes additional purchase options that, if exercised, could bring the total value of orders received by Maris-Tech under the project to approximately $14.1 million. Maris-Tech said it expects to complete deliveries representing approximately $7.1 million of the initial order value by the end of 2028.

Under the agreement, Maris-Tech will modify existing products and develop new video systems based on its Jupiter product line of video, AI edge-computing and streaming platforms, as well as its Opal ruggedized video recording and NAS server software.

Israel Bar, Chief Executive Officer of Maris-Tech, said: "This project reflects the continued application of our video capabilities in airborne environments. Working together with Magam we will support the development and supply of video systems across multiple next-generation platforms over the coming years."

Amit Tesler, Chairman of Magam, said: "Magam has supplied the defense market for more than nine decades. Our cooperation with Maris-Tech on this project brings its video capabilities to the next-generation airborne platforms covered by the project."

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