Maris-Tech Ltd. operates as a B2B (business-to-business approach) provider of intelligent video transmission technology with AI (artificial intelligence) acceleration for edge platforms, using high-end digital video, audio and wireless communication technologies.
The company designs, develops, manufactures and commercially sells miniature intelligent video and audio surveillance and communication systems with AI acceleration, which are offered as products and solutions for the professional, as...
Maris-Tech Ltd. operates as a B2B (business-to-business approach) provider of intelligent video transmission technology with AI (artificial intelligence) acceleration for edge platforms, using high-end digital video, audio and wireless communication technologies.
The company designs, develops, manufactures and commercially sells miniature intelligent video and audio surveillance and communication systems with AI acceleration, which are offered as products and solutions for the professional, as well as the civilian and home security markets. The company's products and solutions are sold as off the shelf, standalone and ready to use products, or as customized components that meet the company's customers' requirements and integrate into their systems and products. The company's customers include companies operating in the drone, robotic, defense, homeland security, or HLS, intelligence gathering, autonomous vehicle and space markets.
For the professional markets, the company provides a range of customizable, low-power, miniature and features enriched video and audio hardware with integrated embedded firmware, original equipment manufacturer (OEM), and final products for applications requiring complex and high- performance video and audio processing, streaming, recording, debriefing and analytics functionalities. The company's products are mainly designed for unmanned aerial/ground/maritime platforms, miniature drones, observation systems and any other remote video-controlled platforms used for intelligence, surveillance, analysis and investigation. The company's products, which are further described below, are already deployed worldwide in unmanned platforms, observation systems, law-enforcement, public-safety, defense, intelligence and other appliances. The company's customers include leading electro optical payload, radio frequency, or RF, datalink and unmanned platforms manufacturers, as well as other large defense, HLS and communication companies.
For the civilian/home security market, the company provides both off the shelf and customizable miniature, low power, cloud-based video and audio streaming and recording solutions used for home security, autonomous vehicle and various other applications.
Core Products
The company offers ready-made, off the shelf products, available for purchase through its sales representatives, which are also customizable according to the company's customers' specifications and needs and typically sold through the company's commercial partners. The company's products are based on unique and groundbreaking proprietary technology and designs, allowing for extreme miniaturization, low latency and advanced analysis capabilities. These features enable the company to market its products to entities as final ready-made products or to custom develop specific products for specific tasks or specification in mind, for use by large entities in the civilian, defense and HLS markets.
The company's products consist of hardware platforms with embedded software supporting video, audio and data capture, processing, encoding, recording, streaming, display, playback and analytics.
The company's main product families are described below:
Neptune
Neptune Nano: Single channel HD and single channel SD device. Encoder/Decoder supporting Video and audio capture, encoding, decoding, transcoding and display. Video raw-data pre-processing, including scaling, graphics overlay, picture-in-picture and stabilizer (option), transport Stream container generation, simultaneous local recording and playback. Streaming over Ethernet, supporting unicast and multicast Broadcast, UDP, RTP, RTSP, end-to-end 100msec low-latency streaming over networks. Web-browser and API based control over networks and serial communication.
Neptune Micro: Single channel HD and dual channel SD device. Encoder/Decoder able to handle multiple video channels and simultaneously support video and audio capture, encoding, decoding, transcoding and display, streaming over narrowband and broadband networks. Supports end-to-end ultra-low-latency streaming over networks, Windows, Android and iOS web-browser based control application over networks, API based control application over networks and serial communication.
Neptune Mini: Dual channel HD or Quad channel SD device. Encoder/Decoder able to handle multiple channels simultaneously and support video and audio capture, encoding, decoding, transcoding and display. Video raw data pre-processing, including real time advanced video analytics. Transport stream and STAWAG 4609 containers generation and extraction. Streaming over narrowband and broadband networks. Supports end-to-end ultra-low-latency streaming over networks, Windows, Android and iOS web-browser.
Neptune Pro: Dual channel HD video or Quad SD recording.
Neptune XMC: Dual channel HD-SDI and Quad SD recording, streaming and data acquisition platform.
Neptune Wireless: Neptune platform functionality compatible with integrated RF datalink and LTE modem option.
Neptune Split: Single channel HD-SDI input and dual HD-SDI output, streaming and data acquisition platform.
Xtreme-View OEM and Final Products
Xtreme-View: This product is based on the Neptune products and are expected to be the ultimate, ultra-small, ultra-light, low power and modular video encoding/decoding platform supporting simultaneously multiple SD/HD video inputs (any known standard) streaming in low-latency over Wi-Fi, Ethernet and USB, as well as recording, downloading, playback and debriefing.
These products also support recorded and streamed content encryption, as well as a variety of advanced wakeup trigger mechanisms, which are essential for covert and intelligence applications. Supported by advanced Android applications for mission planning, setup and control, the XtremeView is to be used by governmental intelligence agencies, police forces, special military forces and private detectives.
This product is designed to meet the extreme requirements for covert and intelligence gathering and provide the most advanced interfaces and features available for such applications. These products are supported by advanced Android Apps for mission planning, setup and control and are expected to be used by governmental intelligence agencies, police forces, special military forces and private detectives.
Venus OEM and Final Products
Venus: The Venus is an ultra-low-latency streaming solution based on Neptune core with field programmable gate array, or FPGA, running h.264 Codec-IP core. Specifically designed to meet drones and autonomous vehicle critical requirement for low latency and accurate constant bitrate. Simultaneously supporting dual video inputs or outputs (any combination of HDSDI and Analog). Streaming over Ethernet, sub-frame end-to-end ultra-low-latency, high CBR accuracy, up to 2 separated streams simultaneously, web-browser based control over networks.
Mercury OEM and Final Products
Mercury: The Mercury was designed as Neptune's product range next generation, in terms of markets and features, and is an h.264/5, low power encoding/decoding platform supporting simultaneous Dual SD/HDSDI video, forward error correction, low latency and improved video quality and bandwidth.
Mercury Nano: The Mercury-Nano is an ultra-small, ultra-light, low power and modular video h.264/5 encoding/decoding platform supporting simultaneous Dual SD/HD/UHD video, forward error correction, low latency and improved video quality and bandwidth.
Mercury Wireless: Optional integration of Mercury Nano with RF datalink, LTE and Wi-Fi capabilities.
Mars
Mars V300: The Mars V300, which is the company's smallest product in size, is a miniature wearable H.265 DVR & Streamer. Able to Capture MIPI or CVBS cameras, as well as microphone (On board or External if connected), streams RTP (Unicast/ Multicast) and/or RTSP channels over Ethernet and record MP4 files on EMMC. Able to Act as USB mass storage device when connected to PC and Maintain RTC with battery backup. Set-up using PC App via USB or Ethernet.
Mars Wireless: Optional integration of Mars V300 with RF datalink, LTE and Wi-Fi capabilities.
Home Security Solutions Products
WITH: A wi-fi enabled digital door viewer for Site Security and Access Control supporting cloud streaming and mobile apps.
Jupiter
Jupiter-Nano: Ultra small dual channel SD/HD h.264/5 codec for low-latency streaming, recording and display.
Jupiter-AI: Ultra small multiple channel SD/HD h.264/5 codec for low-latency streaming, recording, display and AI acceleration.
Jupiter-SB: Multiple channels, mainly for Sony Block cameras SD/HD h.264/5 codec for low-latency streaming, recording, display and AI acceleration.
Opal: Tactical video system is based on Jupiter AI.
Onyx: Video Management System (VMS) for HLS application based on Jupiter-AI.
Amethyst: Video recording streaming over 4/5G modem.
Strategy
The company's strategies are to engage with additional suppliers and service providers in order to improve and streamline the company's products process and supply chains; increase marketing and sales activities, concentrating on specific target markets; increase participation in professional expos, conventions and exhibitions; engage with distributors and systems integrators; and establish partnerships and collaborations with strategic customers and entities in the autonomous vehicle, defense, HLS and home security markets.
The company's strategy is mostly relying on know-how and confidential information as means to maintain a proprietary and competitive position in the market that is requiring complex and high-performance video and audio processing, streaming, recording and debriefing functionalities implemented for unmanned platforms and alike.
Intellectual Property
In April 2021, the company filed a patent application in Israel and intends to file additional patents in Israel and then file for an international recognition. Pursuant to international conventions, such as the Paris Convention, an application made in Israel can be used to establish a priority date for applications subsequently made in other countries. For example, the Patent Cooperation Treaty, or the PCT, allows for an international application to be made claiming priority from an application made in a participating country. Under the PCT, a patent application must be made in each country where patent protection is sought and the company filed for PCT in April 2022, using the priority date of the application filed in Israel.
As of March 6, 2023, the company:
Owned extensive proprietary know-how, which is embedded in the company's product design, including for example, modular universal infrastructure (firmware) ubiquitous for the entire range of the company's products and enabling low-effort customization for a variety of applications; or expertise in mechanical and thermo-design enabling products' operation in extreme environments and conditions (the company's technology was tested and found to be fully operational in extreme temperature range, thermal vacuum, vibrations, shock absorbency etc. as part of the company's collaboration with Israeli SpaceIL and its implementation in the Israeli lunar vehicle - 'Beresheet' and 'Beresheet-2';
Had several patentable applications that the company contemplates filing in the next 12 months, and which, at the current stage of research and preparation, are viable. These include, for example: on-the-fly setting of encoding parameters in accordance with collected metadata;
Had one pending patent application for enhanced forward error correction for video streaming;
Owned three Israeli Trademarks - 'Neptune by Maris' (Israeli Trademark No. 337301), 'XtremeView' (Israeli Trademark No. 337303), and 'Mercury by Maris' (Israeli Trademark No. 337302); and
Had one pending trademark application for 'Maris-Tech Ltd'.
The company's collaboration with Hailo Technologies Ltd., or Hailo, a provider of low power AI accelerators, created a range of AI related products, such as the Jupiter-AI, Jupiter-SB-AI and will be also the basis for the Uranus-AI.
Research and Development
The company's products are used in commercial/military drones, aerial/ground/maritime autonomous vehicles, observation systems, other defense platforms (armored vehicles, aircrafts, etc.), law enforcement, and covert installations, as well as worn by humans or animals to aid in intelligence gathering, surveillance, reconnaissance and situational awareness and in video processing, recording and debriefing applications.
The company's OEM and the following product families are in development:
Jupiter
These products are multiple channel analog SD and HD video & audio H.264/5 encoding streaming and recording and dual channel analog SD and HD H.264/5 decoding and playback, as well as AI functionality for objects detection, classification and tracking and include the following products:
Jupiter Nano: dual channel h.264/5 codec for recording and low latency streaming;
Jupiter AI: objects detection, classification and tracking AI features for any Jupiter based platform aiming mainly for autonomous vehicle and situational awareness applications;
Jupiter SB, SB-AI Jupiter: based platform supporting Sony Block cameras as thermal cameras;
Jupiter XV: remote intelligence gathering and covert applications aiming mainly intelligence agencies, police and special forces applications;
Jupiter Payload: a complete miniature payload consisting of video sensors, processing, AI and wireless communication; and
Jupiter Tactical: video, audio and data recording, streaming and debriefing mobile device aiming tactical defense applications.
Status: These products are under development and anticipated to be released as follows:
Jupiter XV is expected to be released in the third quarter of 2023;
Jupiter Tactical is expected to be released in the third quarter of 2023; and
Jupiter Payload is expected to be released in the third quarter of 2023;
Mars Sniper
Sniper sight recording, streaming and debriefing and sniper's unit control and target sharing, enabling the Sniper unit commander to view the Sniper aim at real time and screen share of one Sniper with another, enabling each Sniper in the unit to view the aims of others.
Status: This product is projected for development in the fourth quarter of 2022 and anticipated to be released in the fourth quarter of 2023.
Saturn
Saturn-Sat, space grade FPGA based miniature capture, AI, recording and streaming video platform mars recording and streaming video platform aiming autonomous vehicle application are under development.
Status: This product is in development and is expected to be launched and introduced to the market by the end of 2023.
Saturn Auto, automotive grade FPGA based miniature capture, AI, recording and streaming video platform aiming autonomous vehicle applications are under development.
Status: This product is projected for development in the fourth quarter of 2023.
Certain of the company's products under the Jupiter product family are in advanced prototype and validation stages and were already demonstrated to several customers. The company expects to complete development of such products by the end of 2023.
Uranus-AI
In January 2023, the company announced the development launch of the Uranus-AI, an up to 8K Ultra-HD video platform supporting multiple HD/Ultra-HD streams with dual Hailo's Hailo-8 AI accelerators of up to 26 tera operations per second each. The Uranus-AI, the next generation of the successful Jupiter-AI, will significantly scale-up the 'Maris Edge' (ultimate hardware and software solution for remote platforms) to support future advanced applications with ultimate performance.
The Uranus-AI will answer to the rapidly growing need for multiple Ultra-HD video sensors mounted on remote platforms, especially unmanned, to achieve superb video quality and details accuracy, as well as significant AI acceleration performance required for effectively utilizing such resolution and quality.
The Uranus-AI is designed to address defense, HLS, transportation and new-space markets for drones, unmanned defense vehicles, situational awareness, observation systems, autonomous vehicles, traffic control and space applications.
The company expects to launch and introduce the Uranus-AI to the market during the fourth quarter of 2023.
The company's net research and development expenses were $1,021,869 for the period ended December 31, 2022.
Marketing, Distribution Methods and Sales
The company is a leader in the Israeli market and is targeting expansion into the North American and the European markets. In the future, the company also plans to seize opportunities that may arise in Western Europe, India, Singapore and South Korea. The company provides its partners and end customers both ready-made, off-the-shelf products, sold through the company's sales representatives, distributors and resellers, and custom-made products developed and adapted specifically to each partner of end-customer needs.
In March 2014, the company entered into an agreement with Henis Intelligent Technologies Co. Ltd. for the development of a product and accompanying application in the field of home security. The development phase was completed and the company is providing support for the production, marketing and sales process; and is expected to begin receiving royalty payments resulting from product sales in the near future.
In September 2014, the company entered into a long-term arrangement with Antrica Ltd., a distributor of digital video components and products, which routinely places purchase orders for the purchase of various products from the company for distribution in the United Kingdom and Europe.
In the first quarter of 2015, the company entered into statements of work and other arrangements with ELTA Systems Ltd. in connection with several projects for which the company provides its Neptune Micro and Neptune Pro lines of products, which are used as components in the final products offered by ELTA Systems Ltd. These projects have been ongoing for the past four years, and are expected to continue for the foreseeable future resulting in semi-regular purchase orders from ELTA Systems Ltd. The company is also in negotiations with ELTA Systems Ltd. for similar arrangements in several additional projects which will require the company to provide ELTA Systems Ltd. with additional products.
In December 2014, the company entered into an agreement with Elbit Systems Ltd. with respect to certain of its divisions to provide products which are incorporated as component parts into Elbit Systems Ltd.'s products. As an on-going long-term project, the company regularly provides Elbit Systems Ltd. with component parts pursuant to purchase orders.
In March 2016, the company entered into an arrangement with Aero Sol - Aeronautical Solutions Ltd., an Israeli UAV manufacturer, which incorporates several of the company's products into their UAV design, both as part of the aerial component and as part of the ground component. This ongoing arrangement has resulted in multiple purchase orders received over the last three years and is expected to continue for the foreseeable future.
In January 2018, the company entered into an agreement with Goldtec Technologies Ltd., or Goldtec, for the development of several new products for military video recording systems for use in the field of missile, tanks and observation systems, including a completely new system based on the company's Neptune Pro and Neptune Nano lines of products, which was adjusted and adapted for Goldtec's specific needs, resulting in numerous purchase orders over the last three years, which is expected to continue. Pursuant to these terms of this agreement, the company agreed not to compete with Goldtec in this product area for ten years from the date of the agreement, during which time Goldtec would serve as the sole distributor of the product.
In March 2020, the company entered into an agreement with Flyability SA (through Dromote SA) with respect to the research and development to enable the company to adapt its products to serve as component parts of Flyability SA's drone products. The research and development process was completed successfully and the initial unit order was provided in 2021 and the company expects to receive purchase orders for additional units in the future.
In March 2021, the company entered into an arrangement with Rafael Advanced Defence Systems Ltd. for the use of the company's products as part of Rafael Advanced Defence Systems Ltd.'s video broadcasting systems for vehicles and drones. The company has already received and fulfilled multiple purchase orders and is expected to continue providing Rafael Advanced Defence Systems Ltd. with additional products and developments in the foreseeable future.
In March 2022, as part of the company's expansion efforts into the North American market, the company appointed a marketing manager based in the United States to lead the company's sales and marketing in North America.
The company routinely enters into agreements or arrangements with distributors, resellers and channel partners for the purpose of distributing the company's products, and has already entered into sales and development agreements with numerous customers for the development of specific custom-made products and technical solutions.
The company intends to expand its marketing and sales activities by taking the following actions: expanding the company's distribution network by identifying strategic international distributors with technological expertise; deepening cooperation with leading worldwide system manufacturers and integrators; introducing a royalty-based compensation program for strategic partners; revamping the company's internet presence and targeting strategic partners; participating in major worldwide trade shows; and appointing marketing consultants.
History
Maris-Tech Ltd. was founded in 2008. The company was incorporated in 2008 in Israel.
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