Maris-Tech (MTEK) Reports H1 Results
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September 29, 2023 4:53 PM EDT
Rehovot, Israel, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (Maris-Tech or the Company), a B2B provider of edge computing artificial intelligence (AI) accelerated video solutions for edge platforms, today announced its financial report for the six months ended June 30, 2023.
Revenue for the six-months ended June 30, 2023 was $473,853, compared to $967,925 for the same six-month period in 2022. Net loss for the six-months ended June 30, 2023 was $2,264,027, compared to $2,273,700 for the same six-month period in 2022.
In June 2023, Maris-Tech received grant approval from the Israeli Innovation Authority in the amount of $333,000 to support the first year development of an innovative system for onboard... More
