Actelis Receives New Order for Intelligent Traffic System (ITS) Networking in New York City Metro Area
Actelis Networks (NASDAQ:ASNS) has secured a new order for its Intelligent Traffic System (ITS) networking solution in a densely populated municipality within the New York City metro area. The company will provide a hybrid-fiber networking solution through its partner Netceed, enabling fiber-grade connectivity overnight for the municipality's traffic management system.
Actelis' technology allows for rapid expansion of IoT infrastructure for real-time data capture and remote adjustments, enhancing operational efficiency. The solution can manage connectivity and cyber-harden any wired medium, expediting deployment and reducing costs for cities adapting to changing ITS needs. This order marks a significant milestone in Actelis' partnership with Netceed, addressing critical needs of city-wide traffic management systems.
Actelis Networks (NASDAQ:ASNS) ha ricevuto un nuovo ordine per la sua soluzione di rete per il Sistema di Traffico Intelligente (ITS) in un municipio densamente popolato nell'area metropolitana di New York. L'azienda fornirà una soluzione di rete ibrido-in fibra tramite il suo partner Netceed, consentendo una connettività di qualità fibra in tempi brevi per il sistema di gestione del traffico del municipio.
La tecnologia di Actelis consente una rapida espansione dell'infrastruttura IoT per la cattura di dati in tempo reale e regolazioni a distanza, migliorando l'efficienza operativa. La soluzione può gestire la connettività e proteggere da attacchi informatici qualsiasi mezzo cablato, accelerando l'implementazione e riducendo i costi per le città che si adattano alle mutate esigenze del ITS. Questo ordine segna una tappa significativa nella partnership di Actelis con Netceed, rispondendo a esigenze critiche dei sistemi di gestione del traffico a livello cittadino.
Actelis Networks (NASDAQ:ASNS) ha concretado un nuevo pedido para su solución de red para el Sistema de Tráfico Inteligente (ITS) en un municipio densamente poblado dentro del área metropolitana de Nueva York. La compañía proporcionará una solución de red híbrido de fibra a través de su socio Netceed, permitiendo conectividad de calidad fibra de un día para otro para el sistema de gestión del tráfico del municipio.
La tecnología de Actelis permite una rápida expansión de la infraestructura IoT para la captura de datos en tiempo real y ajustes remotos, mejorando la eficiencia operativa. La solución puede gestionar la conectividad y fortalecer cibernéticamente cualquier medio cableado, acelerando la implementación y reduciendo costos para las ciudades que se adaptan a las cambiantes necesidades del ITS. Este pedido marca un hito significativo en la asociación de Actelis con Netceed, abordando necesidades críticas de los sistemas de gestión del tráfico en toda la ciudad.
Actelis Networks (NASDAQ:ASNS)는 뉴욕 시 메트로 지역의 인구 밀집도가 높은 자치단체에서 지능형 교통 시스템(ITS) 네트워킹 솔루션에 대한 새로운 주문을 확보했습니다. 이 회사는 파트너 Netceed를 통해 하이브리드 섬유 네트워킹 솔루션을 제공하여 자치단체의 교통 관리 시스템을 위한 섬유급 연결을 하루로 단축할 수 있도록 합니다.
Actelis의 기술은 IoT 인프라의 신속한 확장을 가능하게 하며, 실시간 데이터 수집 및 원격 조정으로 운영 효율성을 향상시킵니다. 이 솔루션은 모든 유선 매체의 연결성을 관리하고 사이버 공격에 대한 내성을 제공할 수 있어, 배포를 가속화하고 비용을 절감할 수 있습니다. 이번 주문은 도시 전체의 교통 관리 시스템의 주요 요구에 대응하는 Actelis와 Netceed의 파트너십에서 중요한 이정표가 됩니다.
Actelis Networks (NASDAQ:ASNS) a obtenu une nouvelle commande pour sa solution de mise en réseau pour le Système de Trafic Intelligent (ITS) dans une municipalité densément peuplée de la région métropolitaine de New York. L'entreprise fournira une solution de mise en réseau hybride en fibre par l'intermédiaire de son partenaire Netceed, permettant une connectivité de qualité fibre du jour au lendemain pour le système de gestion du trafic de la municipalité.
La technologie d'Actelis permet une expansion rapide de l'infrastructure IoT pour la capture de données en temps réel et des ajustements à distance, améliorant ainsi l'efficacité opérationnelle. La solution peut gérer la connectivité et protéger contre les cybermenaces tout type de support filaire, accélérant le déploiement et réduisant les coûts pour les villes s'adaptant aux besoins changeants de l'ITS. Cette commande représente une étape importante dans le partenariat d'Actelis avec Netceed, répondant aux besoins critiques des systèmes de gestion du trafic à l'échelle de la ville.
Actelis Networks (NASDAQ:ASNS) hat eine neue Bestellung für seine Intelligente Verkehrssystem (ITS) Netzwerklösung in einer dicht besiedelten Gemeinde im Großraum New York erhalten. Das Unternehmen wird über seinen Partner Netceed eine hybride Glasfaser-Netzwerklösung bereitstellen, die es ermöglicht, Glasfaser-Qualitätsverbindungen über Nacht für das Verkehrsmanagementsystem der Gemeinde zu schaffen.
Die Technologie von Actelis ermöglicht eine schnelle Erweiterung der IoT-Infrastruktur für die Echtzeit-Datenerfassung und Remote-Anpassungen, wodurch die Betriebseffizienz gesteigert wird. Die Lösung kann die Konnektivität verwalten und jedes kabelgebundene Medium cyber-resilient machen, die Bereitstellung beschleunigen und die Kosten senken für Städte, die sich an die sich ändernden Anforderungen des ITS anpassen. Diese Bestellung markiert einen bedeutenden Meilenstein in der Partnerschaft zwischen Actelis und Netceed, die kritische Bedürfnisse der städtischen Verkehrsmanagementsysteme anspricht.
- Secured new order for ITS networking solution in New York City metro area
- Partnership with Netceed expanding market reach in intelligent transportation industry
- Technology enables rapid IoT infrastructure expansion and remote adjustments
- Solution works with existing copper/coax and fiber networks, reducing implementation costs
- Addresses critical needs of city-wide traffic management systems
- None.
Insights
This new order for Actelis in the New York City metro area is a positive development for the company's growth in the Intelligent Traffic System (ITS) market. The deal highlights Actelis' ability to penetrate densely populated urban areas, which are prime targets for smart city initiatives. The partnership with Netceed is proving fruitful, potentially opening doors to more municipalities.
However, the financial impact remains unclear without specific order value or revenue projections. Investors should monitor future announcements for quantifiable results. The ITS market is competitive and while Actelis' hybrid-fiber solution offers advantages, its long-term market position will depend on continued innovation and successful project implementations.
Actelis' hybrid-fiber networking solution addresses a critical pain point in urban infrastructure upgrades: the need for rapid, cost-effective deployment without extensive groundwork. By enabling fiber-grade connectivity over existing copper/coax networks, Actelis offers municipalities a compelling value proposition.
The technology's ability to cyber-harden any wired medium is particularly noteworthy in an era of increasing cybersecurity threats to critical infrastructure. This feature, combined with the flexibility to manage mixed fiber and copper/coax networks, positions Actelis favorably in the smart city technology market. However, as 5G and other wireless technologies advance, Actelis must continue to innovate to maintain its competitive edge in the long term.
Actelis' solution will enable secure and fiber-grade ITS connectivity to be installed overnight and at a fraction of the cost for a densely populated municipality in the New York metropolitan area
FREMONT, Calif., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received a new order for a densely populated municipality located in the New York City metropolitan area. As part of the order, Actelis will provide a hybrid-fiber networking solution that will enable fiber-grade connectivity overnight for the municipality’s traffic management system, through Netceed, Actelis’ partner.
“In the intelligent transportation market, data collection and analysis are crucial for optimizing traffic flow and safety,” said Tuvia Barlev, Chairman and CEO of Actelis. “Our technology not only empowers cities to rapidly expand their IoT infrastructure for real-time data capture but also provides the flexibility to make remote adjustments, enhancing operational efficiency and responsiveness. Recognizing that many traffic networks have a mix of fiber and copper/coax, we designed our solution to manage connectivity and cyber harden any wired medium, expediting and simplifying deployment, while reducing costs for cities as they adapt to changing ITS needs.”
Heavily congested areas like the New York City metro area require strong traffic management to ensure smooth traffic flow and high levels of safety. The municipality incorporates a combination of technologies in their traffic management system including red light cameras and the utilization of signal timing and adaptive control to help achieve its goals. Actelis' hybrid-fiber devices, strategically placed at key intersections, enable robust network connectivity and secure data transmission to the city’s traffic operations center. This setup allows real-time monitoring and adaptive adjustments to traffic conditions, demonstrating the transformative impact of Actelis' technology on urban traffic management.
A key advantage of Actelis' solution is its ability to seamlessly provide fiber-grade connectivity over any combination of existing copper/coax and newer fiber networks. By elevating copper/coax connectivity to fiber-grade performance, Actelis enables cities to leverage their existing infrastructure for immediate, secure and cost-effective implementation.
Earlier this year, Actelis and Netceed announced a partnership that would greatly expand Netceed’s connectivity offering to the intelligent transportation industry and other IoT markets, where it currently supplies a wide range of products including traffic signal hardware, enclosures, and cabling products. This new order represents a significant milestone, showcasing the vast potential of the partnership with Netceed by addressing the critical needs of city-wide traffic management systems.
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.
Media Contact:
Sean Renn
Global VP Marketing & Communications
srenn@actelis.com
Investor Contact:
ARX | Capital Markets Advisors
North American Equities Desk
actelis@arxadvisory.com
FAQ
What is the new order Actelis Networks (ASNS) received for the New York City metro area?
How does Actelis' (ASNS) solution benefit the municipality's traffic management?
What is the significance of Actelis' (ASNS) partnership with Netceed?
How does Actelis' (ASNS) technology improve urban traffic management?
