Maris-Tech Announced That It Received A Grant From The Israel Innovation Authority For The Development Of Ultra-HD Surround Video And AI-Based System On A Budget Of $880K
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Maris-Tech has received a $333k grant from the Israel Innovation Authority for the first year development of an ultra-HD surround video and AI-based system for onboard situation awareness for nanosatellite platforms, with a total budget of $880k.
June 22, 2023 | 12:16 pm
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Maris-Tech (MTEK) received a $333k grant from the Israel Innovation Authority for the development of an innovative system for nanosatellite platforms, with a total budget of $880k.
The grant from the Israel Innovation Authority will provide Maris-Tech with financial support for the first year of development of their innovative system. This will likely have a positive impact on MTEK's stock price in the short term, as it demonstrates confidence in the company's technology and potential for growth.
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