Welcome to our dedicated page for Actelis Networks news (Ticker: ASNS), a resource for investors and traders seeking the latest updates and insights on Actelis Networks stock.
About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) is a leading provider of hybrid fiber-copper networking solutions, specializing in enabling secure, rapid, and cost-effective connectivity for wide-area Internet of Things (IoT) applications. By combining newly deployed fiber infrastructure with existing copper and coaxial lines, Actelis delivers high-performance broadband solutions that address the unique challenges of critical infrastructure, intelligent transportation systems (ITS), government networks, utilities, and military operations.
Core Business Areas
At the heart of Actelis' business model is its ability to transform legacy infrastructure into strategic assets. The company's innovative technology allows for the deployment of fiber-grade connectivity over hybrid networks, significantly reducing installation costs and time. Actelis serves a diverse range of industries, including:
- Intelligent Transportation Systems (ITS): Providing secure and reliable connectivity for traffic management, signalized intersections, and smart road technologies.
- Government and Defense: Enabling secure communication networks for federal, state, and local agencies, as well as military bases.
- Utilities and Energy: Supporting critical infrastructure with robust and scalable networking solutions.
- Telecommunications: Enhancing last-mile connectivity for residential and enterprise broadband services.
Technological Innovation
Actelis is at the forefront of hybrid networking innovation, offering solutions that combine high-speed performance with the flexibility of leveraging existing infrastructure. Its 'Cyber Aware Networking' initiative integrates advanced AI-driven cybersecurity features directly into its networking products. This approach ensures end-to-end protection for IoT networks, safeguarding data at the edge where vulnerabilities are most pronounced. Key features include:
- AI-Powered Threat Detection: Real-time monitoring and mitigation of cyber threats.
- End-to-End Security: Encryption and coding technologies applied across hybrid fiber-copper networks.
- Rapid Deployment: Solutions designed for quick installation with minimal disruption.
Market Position and Competitive Edge
Operating in a rapidly growing IoT and critical infrastructure market, Actelis differentiates itself through its unique hybrid approach. While many competitors focus solely on fiber or wireless solutions, Actelis bridges the gap by leveraging existing copper and coaxial lines. This strategy not only reduces costs but also accelerates deployment, making it an attractive choice for budget-conscious and time-sensitive projects. Additionally, the company's focus on cybersecurity, through solutions like its MetaShield platform, positions it as a trusted partner in protecting critical networks.
Recurring Revenue Model
In addition to hardware sales, Actelis is expanding its recurring revenue streams through software-as-a-service (SaaS) offerings. Its AI-powered cybersecurity solutions, integrated into its networking products, provide ongoing value to customers while generating predictable revenue for the company. This dual revenue model enhances financial stability and supports long-term growth.
Commitment to Sustainability
Actelis' solutions are designed with sustainability in mind. By reusing existing infrastructure, the company minimizes the environmental impact of new deployments. Its energy-efficient products further contribute to reducing the carbon footprint of its customers' operations, aligning with global sustainability goals.
Conclusion
Actelis Networks, Inc. is uniquely positioned to address the evolving connectivity and security needs of critical industries. By combining innovative hybrid networking technology with advanced cybersecurity features, the company provides scalable, cost-effective, and secure solutions that enable the digital transformation of infrastructure worldwide. As IoT adoption continues to grow, Actelis is well-equipped to play a pivotal role in shaping the future of secure and resilient networking.
Actelis Networks (NASDAQ:ASNS) has secured an order for the County of Ventura California's Systemic Countywide Signalized Intersection Improvement Project, aimed at modernizing traffic signal communications across the county. The company's advanced networking technology will enable high-speed, secure data transmission between traffic management centers and signalized intersections.
Actelis is working with its long-time partner, Crosstown Electrical & Data, Inc., which was awarded the County's bid. Crosstown, a Southern California contractor specializing in Intelligent Transportation Systems (ITS), will implement Actelis' solutions to enable secure communications across the traffic signals network.
According to Tuvia Barlev, Chairman and CEO of Actelis, their technology will allow the County to rapidly upgrade their network with minimal disruption, ensuring secure, real-time data transmission that enhances roadway safety and efficiency.
Actelis Networks (NASDAQ:ASNS) has appointed Julie Kunstler as an independent director to its Board of Directors, effective immediately. Kunstler brings over 30 years of experience in communications components, broadband access equipment sectors, and strategic corporate positioning.
Kunstler currently serves on the board of Ethernity Networks and previously served on TTI Team Telecom International's board until its acquisition in 2010. She recently served as Chief Analyst for the Broadband Access Intelligence Service at Omdia, and previously as Vice President of Business Development at Teknovus, where she contributed to its acquisition by Broadcom. She also co-founded Portview Communications Partners, a venture capital fund focused on communications technology.
The appointment strengthens Actelis' leadership in cyber-hardened hybrid-fiber networking solutions. Kunstler, who holds an MBA from the University of Chicago, received the Fiber Lifetime Achievement Award from the Fiber Broadband Association in July 2024.
Actelis Networks (NASDAQ:ASNS) has appointed Dr. Niel Ransom, an industry veteran with nearly five decades of experience in networking and communications technology, to its Board of Directors, effective immediately. Dr. Ransom brings extensive expertise from his career at Bell Labs, BellSouth, and as Corporate CTO of Alcatel, where he led global R&D investments and M&A strategy.
The appointment follows the retirement of Joseph Moscovitz from the Actelis Board, effective February 1, 2025. Dr. Ransom's experience spans optical networking, mobile edge computing, and broadband access solutions. He has served on boards of multiple public companies and was recently a Partner at Celesta Capital. He holds a Ph.D. in Electrical Engineering from Notre Dame and an MBA from the University of Chicago.
Actelis Networks (NASDAQ:ASNS) has secured a six-figure USD renewal order from Kenton Group for support services of hybrid networking systems for UK transport authorities. The order is linked to the modernization of the National Roads Telecommunications Service (NRTS), which connects over 36,000 services across England's Strategic Road Network.
The company's hybrid fiber solutions leverage existing infrastructure to support smart road technologies, including Vehicle-to-Everything (V2X) and automated systems. This order positions Actelis for potential opportunities in the anticipated NRTS-3 phase, which aims to further modernize the UK's transport network with advanced digital services.
The announcement follows recent orders from Washington D.C. Department of Transportation and the City of Seattle, demonstrating Actelis' expanding presence in delivering hybrid fiber networking solutions for Intelligent Transportation Systems.
Actelis Networks (NASDAQ:ASNS), a leader in cyber-hardened networking solutions for IoT and broadband applications, has announced its participation in The Microcap Conference 2025. The event will be held from January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ.
The company's Deputy CEO and CFO, Yoav Efron, will deliver a presentation on Wednesday, January 29, 2025, at 4:00 PM EST. Additionally, he will conduct one-on-one meetings with qualified investors, which can be scheduled through the conference platform.
The Microcap Conference, organized by DealFlow Events, stands as the largest independent microcap event in the U.S., facilitating connections between top-tier investors and microcap company executives through presentations, meetings, and networking opportunities.
Actelis Networks (NASDAQ:ASNS) received coverage initiation from Litchfield Hills Research analyst Theodore O'Neill with a $5 price target and Buy rating. The research highlights Actelis' extensive global presence, serving over 300 customers across 30 countries, including government agencies, transportation authorities, and defense organizations.
The company's competitive advantage stems from its 31 granted U.S. patents and proprietary trade secrets, creating a strong technology moat. Recent projects include modernizing Washington, D.C.'s traffic network. The report also emphasizes Actelis' 'Cyber Aware Networking' initiative, which incorporates AI-driven cybersecurity into its networking solutions.
Actelis Networks (NASDAQ:ASNS) has officially launched MetaShield, an AI-based cybersecurity solution integrated into their networking products. The solution is designed to protect IoT and critical infrastructure networks, particularly at vulnerable edge locations, through continuous monitoring and real-time protection.
MetaShield is part of Actelis' Cyber Aware Networking strategy and represents a significant step toward expanding their portfolio and establishing a SaaS business model. The product integrates with existing Actelis solutions, featuring real-time anomaly detection, AI-driven threat mitigation, and automated network responses.
Following positive industry feedback during its pre-launch phase announced in August, Actelis is now expanding sales activities. The company expects MetaShield to generate additional recurring revenue streams through its SaaS offering while differentiating its networking solutions in the market.
Actelis Networks (NASDAQ: ASNS) is experiencing significant growth in the smart cities and cybersecurity sectors. The company's hybrid-fiber technology combines fiber-grade connectivity with existing copper infrastructure, proving important for urban network upgrades. In Q3 2024, Actelis reported revenue of $2.54 million, a 200% increase from Q3 2023, with year-to-date revenue reaching $6.7 million, up 46% year-over-year. Gross margins improved to 69% from 27%.
Notable achievements include Seattle's ITS modernization project, expansion in Washington, D.C., contracts with the U.S. Army National Guard, and European deployments. The company's 'Cyber Aware Networking' initiative introduces AI-driven cybersecurity features, addressing the growing threat to critical infrastructure.
Actelis Networks (NASDAQ:ASNS) has secured a significant new order from the City of Seattle Department of Transportation (SDOT) to upgrade and expand the city's Intelligent Transportation System (ITS). The company's hybrid-fiber networking technology will power traffic management applications, including signals, cameras, congestion monitoring systems, and dynamic messaging signs.
This win follows recent successes in Washington D.C., San Jose, and major international cities. The global ITS market is projected to reach $65.33 billion by 2032, with the broader smart city market expected to grow to $165.8 billion by 2028. Currently, 66% of U.S. cities are investing in smart city technologies.
The order was facilitated through Actelis' Washington State-based reseller partner, Western Systems, supporting the company's expansion in ITS and government infrastructure markets.
Actelis Networks (NASDAQ:ASNS) has secured new orders from the Washington DC Department of Transportation (DDOT), following a $2.3 million order from May 2024. The company is working with M.C. Dean, DDOT's key integrator, to modernize network connectivity infrastructure along DC's roadways and intersections.
The project addresses DC's significant traffic congestion issues by implementing cyber-hardened hybrid-fiber networking solutions that transform existing wiring into Gigabit-capable infrastructure, avoiding costly new cable installations while supporting high-demand applications like traffic monitoring systems and advanced cameras.
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