STOCK TITAN

Actelis Networks, Inc. - ASNS STOCK NEWS

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.

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.

Rhea-AI Summary

Actelis Networks, Inc. (NASDAQ:ASNS) has received a $2.3 million order to supply Washington D.C.’s Department of Transportation with a new hybrid-fiber intelligent networking solution. This will help modernize the city’s transportation network with over 1,600 Actelis devices, enhancing traffic management, safety, and efficiency.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.05%
Tags
none
-
Rhea-AI Summary
Actelis Networks, Inc. (ASNS) partners with Khushi Communications Pvt. to enhance IoT networking solutions in Asia. The partnership aims to provide rapid deployment connectivity solutions for government agencies and private organizations, leveraging Actelis' hybrid-fiber networking technology to expand IoT networks cost-effectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.15%
Tags
partnership
-
Rhea-AI Summary
Actelis Networks, Inc. (ASNS) reported financial results for fiscal full year 2023, with a strategic shift to IoT sales, total revenue of $5.6 million, a gross margin of 34%, and a net loss of $6.3 million. Operating expenses declined by 9%, and Adjusted EBITDA loss was $6.1 million. The company achieved certifications by the US Department of Defense and NIST for cyber security. Key operational highlights included new product launches, partnerships, customer wins, and restructuring of sales and marketing strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
Rhea-AI Summary
Actelis Networks, Inc. (ASNS) partners with Netceed to expand cyber-hardened networking solutions for intelligent transportation. Actelis' hybrid-fiber technology will enhance connectivity and performance for thousands of North American customers in the telecom and traffic industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.39%
Tags
partnership
-
Rhea-AI Summary
Actelis Networks, Inc. (ASNS) achieves NIST certification for FIPS 140-2 cryptographic standard, enhancing data protection for federal agencies and contractors. The certification, achieved in collaboration with partner WolfSSL, validates Actelis' cyber-hardened networking solutions for IoT applications, enabling global business development opportunities across various industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.22%
Tags
none
-
Rhea-AI Summary
Actelis Networks, Inc. (ASNS) has closed a new credit line facility with an Israeli bank, securing up to $1.5 million to increase operating cash without increasing total debt. The credit line will be secured by customer invoices, incur interest at a Federal SOFR rate plus 5.5%, and is available until the end of 2024. The company plans to perform a partial early repayment of its existing debt facility using the new credit line, leaving the total debt amount at a similar level.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.77%
Tags
none
Rhea-AI Summary
Actelis Networks, Inc. (NASDAQ:ASNS) and partner Econolite have deployed a hybrid-fiber connectivity solution at traffic intersections in the City of Napa, California, as part of an Advanced Traffic Management System (ATMS) upgrade project. The solution aims to improve traffic safety by providing fiber-grade connectivity to the intersections, allowing for remote signal timing changes and enhancing network security. The project aligns with Napa's Local Roadway Safety Plan (LRSP) and addresses the city's concern with traffic safety, particularly in areas with a high combination of drivers, bikers, and pedestrians.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Actelis Networks, Inc. (NASDAQ:ASNS) announced that its cyber-hardened, hybrid-fiber networking solutions have been added to the Department of Defense Information Network (DoDIN) Approved Products List (APL) after certification from the Joint Interoperability Test Command (JITC). Actelis' products are the only ones of their kind on the APL, providing cost-effective, rapid deployment networking solutions for IoT applications in military bases worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Actelis Networks, Inc. (NASDAQ:ASNS) announced a $300,000 order for management software license and services from a major North American rail operator. The order includes software license and support for 3 years, granting access to the latest version of Actelis’ MetaASSIST EMS. Actelis technology enables fiber-grade connectivity over long distances utilizing any wireline medium, supporting various IoT applications for the rail industry globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.59%
Tags
none
Rhea-AI Summary
Actelis Networks, Inc. (NASDAQ:ASNS) announced the closing of a private placement of 1,271,187 shares of its common stock and warrants, priced at $1.18 per share, to raise gross proceeds of approximately $1.5 million for working capital and general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.37%
Tags
none

FAQ

What is the current stock price of Actelis Networks (ASNS)?

The current stock price of Actelis Networks (ASNS) is $0.9973 as of March 3, 2025.

What is the market cap of Actelis Networks (ASNS)?

The market cap of Actelis Networks (ASNS) is approximately 8.5M.

What does Actelis Networks, Inc. specialize in?

Actelis specializes in hybrid fiber-copper networking solutions, enabling secure and rapid connectivity for IoT, ITS, and critical infrastructure.

How does Actelis differentiate itself from competitors?

Actelis leverages existing copper and coaxial infrastructure alongside fiber to deliver cost-effective, scalable, and secure networking solutions, unlike competitors focused solely on fiber or wireless technologies.

What industries does Actelis serve?

Actelis serves industries such as intelligent transportation systems (ITS), government, utilities, military, telecommunications, and critical infrastructure.

What is Actelis' 'Cyber Aware Networking' initiative?

The 'Cyber Aware Networking' initiative integrates AI-powered cybersecurity features into Actelis' networking products, offering real-time threat detection and enhanced protection for IoT networks.

How does Actelis generate revenue?

Actelis generates revenue through hardware sales and recurring software revenues via its AI-powered cybersecurity and SaaS offerings.

What are the benefits of Actelis' hybrid networking solutions?

Actelis' hybrid networking solutions offer fiber-grade performance, cost-efficiency, rapid deployment, and end-to-end cybersecurity by leveraging existing infrastructure.

What role does Actelis play in critical infrastructure modernization?

Actelis provides secure and scalable networking solutions that enable the modernization of critical infrastructure, including smart transportation, utility networks, and government systems.

How does Actelis address sustainability?

Actelis minimizes environmental impact by reusing existing infrastructure and offering energy-efficient networking solutions, aligning with global sustainability goals.

What is MetaShield by Actelis?

MetaShield is Actelis' advanced cybersecurity platform that integrates real-time threat detection and response capabilities into its hybrid-fiber networking solutions.

What is the significance of Actelis' hybrid fiber-copper approach?

The hybrid fiber-copper approach allows Actelis to deliver high-speed, secure connectivity at a lower cost and faster deployment time compared to full-fiber solutions.
Actelis Networks, Inc.

Nasdaq:ASNS

ASNS Rankings

ASNS Stock Data

8.50M
5.02M
13.84%
1.47%
4.94%
Communication Equipment
Communications Equipment, Nec
Link
United States
FREMONT