Actelis Networks Secures Order for Countywide Intersection Modernization in Ventura County, California
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) ha ricevuto un ordine per il Progetto di Miglioramento degli Incroci Semaforici a Livello di Contea della Contea di Ventura, California, volto a modernizzare le comunicazioni dei semafori in tutta la contea. La tecnologia avanzata di rete dell'azienda consentirà una trasmissione dati ad alta velocità e sicura tra i centri di gestione del traffico e gli incroci semaforici.
Actelis sta collaborando con il suo partner di lunga data, Crosstown Electrical & Data, Inc., che ha vinto l'appalto della Contea. Crosstown, un appaltatore della California meridionale specializzato in Sistemi di Trasporto Intelligente (ITS), implementerà le soluzioni di Actelis per abilitare comunicazioni sicure attraverso la rete dei semafori.
Secondo Tuvia Barlev, Presidente e CEO di Actelis, la loro tecnologia consentirà alla Contea di aggiornare rapidamente la propria rete con un'interruzione minima, garantendo una trasmissione dati sicura e in tempo reale che migliora la sicurezza e l'efficienza delle strade.
Actelis Networks (NASDAQ:ASNS) ha asegurado un pedido para el Proyecto de Mejora de Intersecciones Semafóricas a Nivel de Condado del Condado de Ventura, California, que tiene como objetivo modernizar las comunicaciones de los semáforos en todo el condado. La tecnología avanzada de redes de la empresa permitirá la transmisión de datos de alta velocidad y segura entre los centros de gestión del tráfico y las intersecciones semafóricas.
Actelis está trabajando con su socio de larga data, Crosstown Electrical & Data, Inc., que ganó la licitación del Condado. Crosstown, un contratista del sur de California especializado en Sistemas de Transporte Inteligente (ITS), implementará las soluciones de Actelis para habilitar comunicaciones seguras a través de la red de semáforos.
Según Tuvia Barlev, Presidente y CEO de Actelis, su tecnología permitirá al Condado actualizar rápidamente su red con una interrupción mínima, asegurando una transmisión de datos segura y en tiempo real que mejora la seguridad y eficiencia de las vías.
Actelis Networks (NASDAQ:ASNS)는 캘리포니아 벤투라 카운티의 전역 신호화 교차로 개선 프로젝트에 대한 주문을 확보했습니다. 이 프로젝트는 카운티 전역의 교통 신호 통신을 현대화하는 것을 목표로 합니다. 회사의 고급 네트워킹 기술은 교통 관리 센터와 신호화 교차로 간의 고속, 안전한 데이터 전송을 가능하게 할 것입니다.
Actelis는 카운티 입찰을 수주한 오랜 파트너인 Crosstown Electrical & Data, Inc.와 협력하고 있습니다. Crosstown은 지능형 교통 시스템(ITS)을 전문으로 하는 남부 캘리포니아의 계약업체로, Actelis의 솔루션을 구현하여 교통 신호 네트워크 전반에 걸쳐 안전한 통신을 가능하게 할 것입니다.
Tuvia Barlev Actelis의 회장 겸 CEO에 따르면, 그들의 기술은 카운티가 최소한의 방해로 네트워크를 신속하게 업그레이드할 수 있도록 하여 도로 안전성과 효율성을 향상시키는 안전하고 실시간 데이터 전송을 보장할 것입니다.
Actelis Networks (NASDAQ:ASNS) a obtenu une commande pour le Projet d'Amélioration des Intersections Signalées à l'Échelle du Comté de Ventura en Californie, visant à moderniser les communications des feux de circulation dans tout le comté. La technologie de réseau avancée de l'entreprise permettra une transmission de données à haute vitesse et sécurisée entre les centres de gestion du trafic et les intersections signalées.
Actelis travaille avec son partenaire de longue date, Crosstown Electrical & Data, Inc., qui a remporté l'appel d'offres du comté. Crosstown, un entrepreneur du sud de la Californie spécialisé dans les Systèmes de Transport Intelligent (ITS), mettra en œuvre les solutions d'Actelis pour permettre des communications sécurisées à travers le réseau de feux de circulation.
Selon Tuvia Barlev, Président et CEO d'Actelis, leur technologie permettra au comté de mettre à niveau rapidement son réseau avec un minimum de perturbations, garantissant une transmission de données sécurisée et en temps réel qui améliore la sécurité et l'efficacité des routes.
Actelis Networks (NASDAQ:ASNS) hat einen Auftrag für das Systematische Verbesserungsprojekt der signalisierten Kreuzungen im Ventura County, Kalifornien, erhalten, das darauf abzielt, die Kommunikation der Verkehrssignale im gesamten Landkreis zu modernisieren. Die fortschrittliche Netzwerktechnologie des Unternehmens ermöglicht eine hochgeschwindigkeits- und sichere Datenübertragung zwischen den Verkehrsmanagementzentren und den signalisierten Kreuzungen.
Actelis arbeitet mit seinem langjährigen Partner, Crosstown Electrical & Data, Inc., zusammen, der den Auftrag des Landkreises gewonnen hat. Crosstown, ein Auftragnehmer aus Südkalifornien, der auf Intelligente Verkehrssysteme (ITS) spezialisiert ist, wird die Lösungen von Actelis implementieren, um sichere Kommunikationsmöglichkeiten im Netzwerk der Verkehrssignale zu ermöglichen.
Laut Tuvia Barlev, Vorsitzender und CEO von Actelis, wird ihre Technologie es dem Landkreis ermöglichen, sein Netzwerk schnell mit minimalen Störungen aufzurüsten und eine sichere, Echtzeit-Datenübertragung zu gewährleisten, die die Sicherheit und Effizienz der Straßen erhöht.
- New order secured for Ventura County's traffic modernization project
- Partnership with established contractor Crosstown Electrical & Data
- Expanding presence in the transportation sector
- Technology enables minimal disruption during infrastructure upgrades
- No financial details of the order disclosed
- No timeline provided for project completion
Insights
Actelis Networks has secured a strategic contract for Ventura County's Countywide Signalized Intersection Improvement Project, representing a meaningful win for this micro-cap technology provider. While the exact financial terms remain undisclosed, this order carries particular significance given the company's modest $6.1 million market capitalization.
This contract highlights Actelis' continued penetration into the intelligent transportation systems (ITS) market - a sector experiencing robust growth as municipalities nationwide prioritize infrastructure modernization. The company's ability to deliver "fiber-grade" connectivity without requiring new fiber installation represents a compelling value proposition for budget-conscious government agencies looking to upgrade aging traffic management systems.
The partnership with Crosstown Electrical & Data deserves investor attention as it demonstrates Actelis' effective channel strategy. By collaborating with established regional contractors who have existing relationships with municipal clients, Actelis can efficiently expand its footprint in the government sector without substantial direct sales investments.
From a technology perspective, Actelis' emphasis on "cyber-hardened" networking solutions addresses a critical and growing concern for municipalities. As traffic management systems become increasingly connected, they also become potential targets for cyber attacks. This security-focused differentiation likely contributed to the contract win and positions the company favorably for future opportunities as cybersecurity requirements for critical infrastructure continue to tighten.
For investors, this contract represents more than just incremental revenue. It serves as a valuable reference implementation that could accelerate Actelis' business development efforts with other municipalities. Transportation infrastructure modernization is receiving significant funding attention at federal, state and local levels, creating a substantial addressable market for Actelis' solutions.
The timing of this announcement is particularly relevant as the Biden administration continues to implement the Infrastructure Investment and Jobs Act, which allocated substantial funding for smart transportation initiatives. Actelis appears well-positioned to capture additional market share as this funding flows to local governments for implementation.
FREMONT, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced it has received an order for the County of Ventura California’s Systemic Countywide Signalized Intersection Improvement Project. This project will modernize and enhance the reliability of traffic signal communications across the county.
As part of this initiative, Actelis' advanced networking technology will be deployed to facilitate high-speed, secure data transmission between traffic management centers and signalized intersections. The implementation of Actelis' Fiber grade solutions will ensure seamless connectivity and control, improving traffic flow and safety while minimizing infrastructure costs.
“We are proud to support the County of Ventura’s efforts to modernize its traffic infrastructure,” said Tuvia Barlev, Chairman and CEO of Actelis. “Our technology will enable the County to rapidly upgrade their network with minimal disruption, ensuring secure, real-time data transmission that enhances the safety and efficiency of roadways.”
Actelis is collaborating with its long-time trusted business partner, Crosstown Electrical & Data, Inc., which was awarded the County’s bid for the project. Crosstown, a Southern California expert contractor in Intelligent Transportation Systems (“ITS”), is responsible for implementing key elements of the traffic systems modernization project, implementing Actelis’ advanced networking solutions to enable secure and efficient communications across the traffic signals network.
This latest order further underscores the growing demand for Actelis’ cyber-hardened networking solutions in the transportation sector. The Company’s technology is already widely used in traffic management applications worldwide, enabling cities,municipalities and road systems to enhance operational efficiency, reduce congestion, and enable smart transportation initiatives.
About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including government, ITS, military, utility, rail, telecom, and campus networks. Actelis’ innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Through its "Cyber Aware Networking" initiative, Actelis also provides AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience.
For more information, please visit www.actelis.com.
Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
Contact
ARX | Capital Markets Advisors
North American Equities Desk
actelis@arxadvisory.com
FAQ
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