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.
Overview of Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) specializes in developing and delivering innovative hybrid fiber-copper networking solutions. With a portfolio that spans high performance broadband, IPTV, mobile backhaul, and advanced IoT connectivity, the company transforms legacy infrastructure into secure, high-speed, and reliable networks. Acting as a key enabler for wide-area deployments, Actelis leverages both newly installed fiber and existing copper/coaxial lines to offer cost-effective and rapid connectivity solutions.
Core Business and Technology
The company’s core business revolves around deploying cyber-hardened networking solutions that ensure robust network security and operational continuity. Its advanced technology is designed to safeguard data across edge devices using a combination of coding, encryption, and AI-driven threat monitoring. By integrating these capabilities, Actelis provides end-to-end protection essential for critical infrastructure sectors such as government, transportation, utilities, military, and smart cities.
Business Model and Market Position
Actelis operates as a singular segment entity that focuses on access broadband equipment pertinent to both copper and fiber networks. Instead of relying solely on the installation of new cables, the company maximizes the potential of existing telecommunications infrastructure. This approach not only minimizes deployment costs but also accelerates the time to market for high-speed network upgrades.
Strategic Significance in the Industry
In the competitive landscape where digital transformation is paramount, Actelis sets itself apart by combining fiber-grade performance with the flexibility of hybrid networks. Its solutions are particularly effective in areas where rapid deployment and network security are non-negotiable. The company's offerings are aimed at addressing the growing demand for resilient and scalable connectivity solutions in the context of urban modernization, intelligent transportation systems, and expansive IoT networks.
Advanced Solutions and Cybersecurity Innovations
A notable aspect of Actelis’ technology is its Cyber Aware Networking initiative, which integrates advanced cybersecurity features into its network hardware. This initiative, highlighted through products such as MetaShield, provides AI-based cyber monitoring and automated threat mitigation, ensuring that vulnerabilities at the network’s edge are continuously identified and addressed. This comprehensive protection framework is essential for industries where data integrity and security are critical.
Deployment and Operational Efficiency
Actelis is renowned for its ability to deliver rapid deployment solutions. By utilizing a hybrid approach that leverages existing copper and coaxial lines along with new fiber, service providers can enhance network performance without incurring the high costs and logistical delays typically associated with full-scale fiber replacement. This strategy not only supports enhanced broadband delivery but also facilitates the modernization of traffic systems, utility networks, and communications infrastructures in a cost-efficient manner.
Industry Applications and Use Cases
Actelis’ solutions have found widespread application across multiple sectors:
- Government and Municipalities: Enabling secure communication networks for smart cities and public transportation systems.
- Transportation and Intelligent Infrastructure: Facilitating rapid deployment of secure, high-speed networks for roadways, rail, and airports.
- Military and Defense: Providing cyber-hardened connectivity that meets rigorous security standards.
- Utilities and Energy: Upgrading legacy communication networks to support critical infrastructure monitoring and management.
Market Impact and Strategic Advantages
By effectively turning existing infrastructure into key connectivity assets, Actelis offers a unique value proposition. The blend of cybersecurity, operational reliability, and cost-efficiency allows service providers to deliver broadband-grade performance that meets modern standards of data protection and connectivity. This strategic positioning in the market appeals to sectors that prioritize rapid deployment and robust security, further underscoring the company's importance as a technological innovator.
Conclusion
Overall, Actelis Networks, Inc. is an innovative networking solutions provider that leverages hybrid fiber-copper technology to deliver secure, scalable, and cost-efficient connectivity for a wide array of critical applications. Its commitment to cyber-hardened networking and rapid deployment has established a trusted reputation among service providers operating in dynamic and challenging market environments.
Actelis Networks (NASDAQ: ASNS) has secured new orders worth $140,000 to deploy its GigaLine 800 (GL800) networking solution for modernizing U.S. military bases. The technology will provide cyber-hardened, gigabit-speed connectivity across Army, Navy, and Air Force installations.
The GL800 solution enables secure, multi-gigabit connectivity over existing wiring infrastructure, allowing for rapid deployment without extensive construction. Key features include:
- Department of Defense-certified security with JITC FIPS certification
- Advanced remote monitoring via Actelis' Element Management System
- Metashield Cyber protection SaaS offering
- Overnight deployment capabilities
The implementation will support military base modernization initiatives, enhancing connectivity for barracks, information centers, and other facilities. The project is being executed in collaboration with Communication Construction Services (CCS) and a major Military carrier.
Actelis Networks (NASDAQ: ASNS) has secured a new order from a major North American railway group to support their Positive Train Control (PTC) system implementation. The order focuses on deploying safety systems across challenging track sections.
PTC technology automatically prevents train-to-train collisions, derailments from excessive speed, and movement through incorrectly positioned switches. The railway selected Actelis' solution for its ability to:
- Deliver fiber-grade performance through existing infrastructure
- Provide uninterrupted connectivity during extreme weather
- Enable rapid deployment without extensive new wiring
- Support mission-critical systems with military-grade security
The hybrid-fiber networking technology maximizes bandwidth over existing copper infrastructure while incorporating wireless and fiber connections for network diversity, ensuring essential redundancy for safety-critical systems.
Actelis Networks (NASDAQ: ASNS) reported strong financial results for 2024, with revenue increasing 38% to $7.8 million from $5.6 million in 2023. The company achieved significant improvements in key metrics, including a 125% increase in gross margin to 55% and a 67% reduction in loss per share to $0.85.
Notable achievements include a 150% year-over-year growth in Federal and Military sector orders, successful expansion in the Multi-Dwelling Unit market with the GigaLine 900 solution, and continued development of the MetaShield cybersecurity offering. Operating expenses declined by 13% year-over-year through strategic cost management initiatives.
The company's net loss decreased to $4.4 million from $6.3 million, while EBITDA loss improved from $6.1 million to $3.5 million. Actelis has nearly eliminated its debt, with only a $0.77 million bank credit line remaining, improving financial flexibility for future growth initiatives.
Actelis Networks (NASDAQ:ASNS), a provider of cyber-hardened networking solutions for IoT and broadband applications, has scheduled the release of its annual 2024 financial results for Monday, March 24, 2025. The company will host a conference call on the same day at 5 p.m. Eastern time.
The earnings call will feature CEO Tuvia Barlev and Deputy CEO/CFO Yoav Efron, who will discuss business performance and financial results. Participants can join via webcast or dial-in, with options available for both U.S./Canada (toll-free) and international callers. A transcript will be made available within 24-48 hours after the call on the company's investor relations website.
Actelis Networks (NASDAQ:ASNS) has secured a follow-on order from a Hungarian utility provider to expand its cyber-hardened networking solutions deployment. This order extends their initial engagement from October 2023, where Actelis was chosen to provide advanced hybrid fiber networking technology.
The expansion will enhance secure communications and high-speed data transmission capabilities across additional locations, supporting the utility's critical infrastructure monitoring and control systems. The solution enables rapid extension of fiber-grade connectivity while utilizing existing infrastructure, offering a cost-effective approach to modernizing large-scale utility networks.
Actelis' technology, which is deployed across transportation, energy, government, and military sectors, delivers secure and high-performance communications solutions for IoT and broadband applications.
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.
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