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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 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.
Actelis Networks (NASDAQ: ASNS) reported strong Q3 2024 results with revenue reaching $2.54 million, a 200% year-over-year increase. Nine-month revenue grew 46% to $6.7 million. Gross margin improved significantly to 69% in Q3 2024, up from 27% in Q3 2023. Operating expenses decreased by 12% in Q3 2024, while net loss narrowed by 41% to $511,000. The company secured nearly $5 million in funding in June 2024, with shareholders' equity reaching $2.8 million. Notable achievements include a $1.4 million two-year software and services contract renewal with a major North American customer and continued expansion in transportation and infrastructure projects across the US and Europe.
Actelis Networks (NASDAQ:ASNS) showcased its GigaLine 900 (GL900) broadband solution at multiple industry events, gaining significant attention for its ultra-low power consumption and cost-effective approach to delivering symmetrical Gigabit services in multi-dwelling units (MDUs). The GL900 operates at less than 5W power consumption and can utilize existing copper or coax wiring, eliminating the need for new fiber installation. The solution targets approximately 23 million apartment buildings in the U.S., offering rapid deployment with Gigabit performance achievable in under an hour. The company reports receiving initial customer orders with multiple trials currently in progress.
Actelis Networks (NASDAQ:ASNS) has secured a follow-on order from a major German municipality to expand its hybrid-fiber networking technology for IoT infrastructure modernization. The order strengthens Actelis' presence in Germany's intelligent transportation systems sector, building on recent successes across highways, utilities, airports, and military verticals. The company's solution enables cities to upgrade their networks quickly and cost-effectively by utilizing existing network wiring for fiber-grade data transmission, eliminating the need for extensive engineering and trenching. This aligns with Germany's increased critical infrastructure spending, which allocated over 30 billion euros in 2024 for federal highways, waterways, and railroads.
Actelis Networks (NASDAQ:ASNS) has received a follow-on order from a major U.S. Department of Transportation aerial agency, expanding its network into new regions. This order builds on a significant contract announced in September, demonstrating growing confidence in Actelis' secure and flexible networking solutions.
The project involves advanced technology for radar communications backhaul, important for air safety and operations. Actelis' solution provides high bandwidth and security for transmitting radar data to air traffic control centers. The technology adapts to both fiber-equipped locations and areas without fiber, enhancing existing infrastructure cost-effectively.
This order reinforces Actelis' reputation in intelligent transportation networks. The global air traffic management and consulting market is expected to grow from $14.79 billion in 2024 to $19.46 billion by 2032, with a 3.49% CAGR. Actelis' solution addresses modernization challenges by leveraging existing network wiring, helping agencies maximize budgets and avoid unnecessary expenses.
Actelis Networks, Inc. (NASDAQ:ASNS) has received a new order for its cyber-hardened temperature hardened networking technology from a major Italian motorways operator. This order expands on a previously announced $300,000 Italian National Transportation Infrastructure Project from June. The company's solution enables rapid modernization of network infrastructure, supporting critical safety tools like CCTV, speed cameras, sensors, and digital signage.
Actelis' technology leverages existing network wiring to deliver fiber-grade connectivity over long distances without the high costs of new cabling installation. Designed for roadside deployment, Actelis devices operate reliably in any climate, transmitting critical data to traffic operations centers. The company's solutions are also deployed across thousands of miles of highways in the United Kingdom and Japan, and in cities worldwide at traffic intersections to optimize signal timing and improve safety.
Actelis Networks (NASDAQ:ASNS) has received a $200,000 order from the US Department of Military Affairs to supply a US Army National Guard base with its cyber-hardened hybrid-fiber networking solution. This order follows recent momentum in the federal government sector, including a significant order from a US Department of Aerial Transportation agency and a $150,000 order in July from a tier-1 military contractor.
Actelis was chosen for its ability to instantly deliver higher bandwidth without upgrading existing physical cabling, saving time and costs. The company's solution is the only one of its kind listed on the Department of Defense's Approved Products List (APL), having earned both JITC and NIST certifications for FIPS compliance. The National Guard base requires a significant network upgrade to support hundreds of employees and housing for thousands of Army personnel, ensuring efficient operations for critical applications.
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 (NASDAQ:ASNS), a leader in cyber-hardened networking solutions for IoT applications, announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference. The event is scheduled for September 9-11, 2024, at the Lotte New York Palace Hotel in New York City.
Key points:
- Actelis' virtual presentation will be available from September 9, 2024 on the conference website
- Yoav Efron, Deputy CEO and CFO, will attend in person
- Management will participate in one-on-one meetings with qualified investors
- Interested parties can schedule meetings through H.C. Wainwright representatives or by contacting ARX Advisory at actelis@arxadvisory.com
This conference provides Actelis an opportunity to showcase its IoT networking solutions and engage with the investment community.
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.
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