Maris-Tech Ltd. (NASDAQ: MTEK) shares broke even Thursday. The company, a B2B provider of edge computing artificial intelligence (AI) accelerated video solutions for edge platforms, today released its preliminary gross revenue forecast for 2026.
Maris-Tech expects that its gross revenues for the year ending December 31, 2026, will be in excess of $5,000,000. If achieved, this would reflect an increase of at least 272% over the Company’s gross revenue for 2025, which totaled approximately $1,341,000.
This forecast for 2026 is based on the Company’s existing and anticipated orders for 2026, orders placed in prior years and anticipated continued strong demand for the Company’s defense and AI-powered solutions.
These preliminary forecasts regarding estimated revenues for the year ended December 31, 2026, are based upon the Company’s projections and estimates. Moreover, these forecasts have been prepared solely on the basis of currently available information and are the responsibility of management.
The Company's independent registered public accounting firm has not audited, reviewed, or performed any procedures with respect to such preliminary projections or the accounting treatment thereof and does not express an opinion or any other form of assurance with respect thereto.
"We are looking forward to conclude 2026 with strong results and a significant order backlog. Our goal is to accelerate growth in 2027, as preliminary forecasts point to a positive trend of high demand and the continued validation of Maris-Tech’s innovative technologies," said CEO Israel Bar.
MTI shares took on nearly four cents, or 16.1%m to 30.16 cents.
