9 Trending AI News Updates on Wall Street’s Radar

7. Maris-Tech Ltd. (NASDAQ:MTEK)

Number of Hedge Fund Holders: 4

Maris-Tech Ltd. (NASDAQ:MTEK) designs and manufactures digital video and audio solutions for defense, security, and professional markets, with applications in drones, robotics, and more.

On February 6, Maris-Tech secured an order from its U.K. distributor for its Jupiter Nano system, intended for integration into a defense project in Eastern Europe. This marks an important step in the company’s expansion into the region’s defense sector. The order includes multiple Jupiter Nano units, which offer ultra-low-latency streaming, multi-video handling, and strong network support. Jupiter Nano is designed with AI-based edge computing and it excels in video and audio capture, encoding, decoding, and preprocessing, addressing the specific needs of modern defense systems.