Actelis Receives New Significant Order for Major U.S. Department of Aerial Transportation Agency
Actelis Networks, Inc. (NASDAQ:ASNS) has secured a significant order from a major U.S. Department of Transportation aerial agency for its cyber-hardened hybrid-fiber networking solution. This order follows recent wins in the transportation sector, including a $2.3 million contract with Washington D.C.'s DOT, a $300,000 order for an Italian national project, and a $260,000 order for a Mid-Atlantic US county.
Actelis' technology enables rapid deployment of IoT devices and broadband services, accelerating project timelines and reducing costs. The solution will support various applications, including connecting remote facilities and backhauling radar networks. CEO Tuvia Barlev emphasized the company's progress in the intelligent aerial transportation sector and the importance of their cyber-hardened platform in securing critical networks.
Actelis Networks, Inc. (NASDAQ:ASNS) ha ottenuto un ordine significativo da un'importante agenzia aerea del Dipartimento dei Trasporti degli Stati Uniti per la sua soluzione di rete ibrida in fibra ottica protetta da cyber attacchi. Questo ordine segue recenti successi nel settore dei trasporti, tra cui un contratto da 2,3 milioni di dollari con il DOT di Washington D.C., un ordine da 300.000 dollari per un progetto nazionale italiano e un ordine da 260.000 dollari per una contea nel Mid-Atlantic degli Stati Uniti.
La tecnologia di Actelis consente una rapida implementazione di dispositivi IoT e servizi a banda larga, accelerando i tempi di progetto e riducendo i costi. La soluzione supporterà varie applicazioni, tra cui il collegamento di strutture remote e il potenziamento delle reti radar. Il CEO Tuvia Barlev ha sottolineato i progressi dell'azienda nel settore dei trasporti aerei intelligenti e l'importanza della loro piattaforma protetta da cyber attacchi nella salvaguardia delle reti critiche.
Actelis Networks, Inc. (NASDAQ:ASNS) ha asegurado un pedido significativo de una importante agencia aérea del Departamento de Transporte de EE. UU. para su solución de red híbrida de fibra cibernéticamente protegida. Este pedido sigue a recientes éxitos en el sector del transporte, incluidos un contrato de 2.3 millones de dólares con el DOT de Washington D.C., un pedido de 300,000 dólares para un proyecto nacional en Italia y un pedido de 260,000 dólares para un condado en la región del Mid-Atlantic de EE. UU.
La tecnología de Actelis permite un despliegue rápido de dispositivos IoT y servicios de banda ancha, acelerando los plazos de los proyectos y reduciendo costos. La solución apoyará diversas aplicaciones, incluyendo la conexión de instalaciones remotas y la retroalimentación de redes de radar. El CEO Tuvia Barlev enfatizó el progreso de la compañía en el sector de transporte aéreo inteligente y la importancia de su plataforma cibernéticamente protegida para asegurar redes críticas.
Actelis Networks, Inc. (NASDAQ:ASNS)는 사이버 보안이 강화된 하이브리드 섬유 네트워킹 솔루션에 대해 미국 교통부의 주요 항공 기관으로부터 중요한 주문을 확보했습니다. 이 주문은 최근 교통 분야에서의 성과가 이어진 것으로, 워싱턴 D.C.의 DOT와의 230만 달러 계약, 이탈리아 국가 프로젝트를 위한 30만 달러 주문, 중서부 미국 카운티를 위한 26만 달러 주문이 포함됩니다.
Actelis의 기술은 IoT 장치 및 광대역 서비스의 신속한 배포를 가능하게 하여 프로젝트 일정 단축 및 비용 절감을 지원합니다. 이 솔루션은 원격 시설 연결 및 레이더 네트워크 백홀 커넥션 등 다양한 애플리케이션을 지원할 것입니다. CEO Tuvia Barlev는 지능형 항공 교통 부문에서 회사의 발전과 중요한 네트워크를 보호하는 사이버 보안 강화 플랫폼의 중요성을 강조했습니다.
Actelis Networks, Inc. (NASDAQ:ASNS) a obtenu une commande significative d'une importante agence aérienne du Département des Transports américain pour sa solution de réseau hybride en fibre optique renforcée contre les cybermenaces. Cette commande fait suite à des succès récents dans le secteur des transports, y compris un contrat de 2,3 millions de dollars avec le DOT de Washington D.C., un ordre de 300 000 dollars pour un projet national en Italie et un ordre de 260 000 dollars pour un comté du Mid-Atlantic américain.
La technologie d'Actelis permet un déploiement rapide des dispositifs IoT et des services à large bande, tout en accélérant les délais de projet et en réduisant les coûts. La solution soutiendra diverses applications, notamment la connexion d'installations distantes et le transport de réseaux radar. Le PDG Tuvia Barlev a souligné les avancées de l'entreprise dans le secteur du transport aérien intelligent et l'importance de leur plateforme renforcée contre les cyberattaques pour sécuriser les réseaux critiques.
Actelis Networks, Inc. (NASDAQ:ASNS) hat einen beträchtlichen Auftrag von einer großen Luftfahrtbehörde des US-Verkehrsministeriums für seine cybergeschützte Hybridfaser-Netzwerklösung gesichert. Dieser Auftrag folgt auf kürzliche Erfolge im Verkehrssektor, einschließlich eines 2,3 Millionen Dollar Vertrags mit dem DOT von Washington D.C., einem 300.000 Dollar Auftrag für ein nationales Projekt in Italien und einem 260.000 Dollar Auftrag für einen Landkreis im Mittleren Atlantik der USA.
Die Technologie von Actelis ermöglicht eine schnelle Bereitstellung von IoT-Geräten und Breitbanddiensten, beschleunigt die Projektzeitpläne und senkt die Kosten. Die Lösung wird verschiedene Anwendungen unterstützen, einschließlich der Verbindung entlegener Einrichtungen und dem Rücktransport von Radarnetzwerken. CEO Tuvia Barlev hob die Fortschritte des Unternehmens im Bereich der intelligenten Luftfahrttransportation und die Bedeutung ihrer cybergeschützten Plattform zur Sicherung kritischer Netzwerke hervor.
- Secured a significant order from a major U.S. Department of Transportation aerial agency
- Recent wins in the transportation sector totaling over $2.86 million
- Expansion in the intelligent transportation market
- Technology enables rapid deployment and cost savings for customers
- None.
Insights
Actelis Networks' new order from a major U.S. aerial transportation agency underscores its growing foothold in the transportation sector. This follows recent wins totaling over
The company's ability to accelerate project timelines and reduce costs is a key differentiator, potentially leading to improved profit margins. However, investors should note that Actelis' stock (NASDAQ:ASNS) has been volatile and this single order may not significantly alter its financial trajectory. It's important to examine upcoming quarterly reports to gauge the actual impact on the company's bottom line.
Actelis' "cyber-hardened, hybrid-fiber networking technology" addresses critical needs in the transportation sector. The solution's ability to deliver fiber-grade connectivity without new cabling is a significant advantage, especially for agencies with legacy infrastructure. This technology could be a game-changer for rapid IoT device deployment and broadband service expansion.
The company's focus on cybersecurity is timely, given the increasing threats to critical infrastructure. However, the competitive landscape in this sector is intense, with larger players like Cisco and Juniper Networks also offering robust solutions. Actelis will need to continue innovating to maintain its market position and justify its valuation to investors.
With this latest order for the company’s Cyber-Hardened Hybrid-Fiber Networking Solution, Actelis continues to demonstrate strong position within the transportation sector with new significant order
FREMONT, Calif., Sept. 09, 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 significant order for a major aerial transportation agency operating underneath the umbrella of the U.S. Department of Transportation. Actelis continues to expand its presence in the transportation sector with its cyber-hardened, hybrid-fiber networking technology that is used at traffic intersections, along major highways and railways, and at international airports around the world.
Over the past four months, the company has announced several key intelligent transportation sector wins including a
“We’re thrilled with the significant progress we’ve made in the intelligent aerial transportation sector,” said Tuvia Barlev, Chairman and CEO of Actelis. “Our customers deliver critical services to their communities, and we’re proud to play a key role by providing the essential connectivity and data transmission solutions they need, all secured by our cyber-hardened platform to protect their networks.”
This new order will enable Actelis to support the agency with a wide range of applications, including connecting remote facilities, backhauling radar networks, and consolidating T1 lines over IP for fiber projects. The flexibility of Actelis’ solutions is crucial in overcoming common project hurdles for its customers.
“Our solution eliminates many obstacles by delivering fiber-grade connectivity instantly, regardless of the existing wiring in the customer’s network,” Barlev continued. “This immediately upgrades their network, enabling the rapid deployment of IoT devices and broadband services without the lengthy delays of installing new cabling.”
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
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