Maris-Tech announces grant from IIA to develop system for space platforms

Maris-Tech announced that it has received a grant from the Israel Innovation Authority, IIA, to develop a system for peripheral photography, recording, transmission, and artificial intelligence for nanosatellites and space platforms. The IIA will fund part of the project’s budget for the first year with a 1.2 million NIS, $333 thousand, grant to Maris-Tech and may grant additional funds to support the second year of the project. The grant will be used to fund the development of a product based on the Company’s Uranus-AI edge computing technology for the new space market through R&D, testing, and evaluation of technology. Maris-Tech will design the product, which will enable surround Ultra-HD video capture, recording, and upload, as well as AI acceleration for spacecraft anti-collision, proximity estimation, landing, and other customer-defined algorithms. “Maris-Tech is a proud member of the Israeli new space technology club, having provided the video recording and streaming solution on the 2019 SpaceIL “Beresheet” spacecraft and has been awarded the video solution for the “Beresheet” 2 Lunar Mission, which is under development. This new development grant will bring Maris-Tech’s pioneering solutions to the forefront of the nanosatellite market,” said Israel Bar, CEO of Maris-Tech.