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.
Actelis Networks Inc develops hybrid fiber-copper networking solutions for telecommunications carriers and enterprise customers. The company's news flow typically centers on customer contract announcements, product launches, and regulatory compliance matters affecting small-cap NASDAQ-listed technology companies.
Given Actelis' focus on telecommunications infrastructure equipment, news coverage frequently involves order announcements from service providers deploying the company's broadband solutions, partnership formations with technology vendors or system integrators, and product releases introducing enhanced networking capabilities. The company operates in a market where individual customer contracts represent material business developments worthy of disclosure.
For investors tracking ASNS, news monitoring provides insight into customer adoption patterns across different market segments including carrier networks, enterprise connectivity, and government infrastructure projects. Developments related to exchange listing compliance, financing activities, and strategic partnerships offer visibility into the company's operational trajectory and capital structure. Product announcements reveal the company's technology roadmap and competitive positioning within the specialized hybrid networking equipment market.
This news page aggregates announcements, regulatory filings, and material developments affecting Actelis Networks, providing a centralized resource for monitoring the company's business activities, market traction, and corporate events. Investors analyzing micro-cap telecommunications equipment manufacturers benefit from tracking the frequency and nature of customer wins, the geographic distribution of deployments, and management commentary on market conditions.
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.
Actelis Networks (NASDAQ:ASNS) received coverage initiation from Litchfield Hills Research analyst Theodore O'Neill with a $5 price target and Buy rating. The research highlights Actelis' extensive global presence, serving over 300 customers across 30 countries, including government agencies, transportation authorities, and defense organizations.
The company's competitive advantage stems from its 31 granted U.S. patents and proprietary trade secrets, creating a strong technology moat. Recent projects include modernizing Washington, D.C.'s traffic network. The report also emphasizes Actelis' 'Cyber Aware Networking' initiative, which incorporates AI-driven cybersecurity into its networking solutions.
Actelis Networks (NASDAQ:ASNS) has officially launched MetaShield, an AI-based cybersecurity solution integrated into their networking products. The solution is designed to protect IoT and critical infrastructure networks, particularly at vulnerable edge locations, through continuous monitoring and real-time protection.
MetaShield is part of Actelis' Cyber Aware Networking strategy and represents a significant step toward expanding their portfolio and establishing a SaaS business model. The product integrates with existing Actelis solutions, featuring real-time anomaly detection, AI-driven threat mitigation, and automated network responses.
Following positive industry feedback during its pre-launch phase announced in August, Actelis is now expanding sales activities. The company expects MetaShield to generate additional recurring revenue streams through its SaaS offering while differentiating its networking solutions in the market.
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