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
Maris-Tech Ltd. MTEK | 0.00 |
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 option are expected to be completed in accordance with the overall project schedule.
The original contract, announced on June 26, 2026, marked Maris-Tech's first engagement as a prime contractor, expanding the Company's portfolio beyond its established edge video and AI technologies into complementary battlefield systems.
