Latest news with #Actelis'
Yahoo
21-05-2025
- Business
- Yahoo
Actelis Networks Receives $100K Follow-On Order from Major Mid-Atlantic US County for Continued Traffic Management System Modernization
Follow-On Order Underscores Strong Customer Satisfaction and Proven Performance in High-Stakes Intelligent Transportation Applications FREMONT, Calif, May 21, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced that it has received a $102,000 follow-on order from a major Mid-Atlantic US county to further enhance and expand its Advanced Transportation Management System (ATMS) operations. This new order builds upon the $260,000 project announced in July 2024 and reinforces Actelis' growing position as a trusted provider of critical networking infrastructure for intelligent transportation systems nationwide. "This follow-on order demonstrates the ongoing confidence major transportation authorities place in Actelis' solutions," said Tuvia Barlev, Chairman and CEO of Actelis. "As counties and cities continue to modernize their traffic management capabilities, they increasingly recognize the value of our hybrid-fiber technology in delivering immediate, secure connectivity while maximizing existing infrastructure investments. We're proud to support this county's vision for safer, more efficient transportation systems." The order is specifically targeted at supporting the county's Transportation Systems Technical operations, providing secure, high-performance connectivity that powers a range of critical smart transportation applications. These include automated traffic signal control, real-time intersection monitoring, advanced safety and surveillance systems, and intelligent traffic flow management—all essential components of next-generation transportation infrastructure. The county will leverage Actelis' hybrid-fiber technology to rapidly extend its digital capabilities across its extensive network of roadways and intersections, enabling data-driven strategies that enhance safety, reduce congestion, and improve overall transportation efficiency. Actelis' cyber-hardened networking solutions provide significant advantages for this mission-critical infrastructure, including: Rapid deployment that reduces modernization timelines from months to days Seamless integration with traffic controllers, cameras, and sensor networks Substantial cost savings through utilization of existing infrastructure Military-grade security features protecting vulnerable transportation systems Seamless integration with traffic controllers, cameras, and sensor networks Reliable performance in challenging outdoor environments This latest order continues Actelis' momentum in the intelligent transportation systems market, following recent deployments in cities including Seattle, Orange County, Eugene, as well as a recently announced railway modernization project in Northern Ireland and other implementations across Europe and Asia. These global deployments highlight Actelis' growing recognition as a leading provider of secure, high-performance networking solutions for critical infrastructure applications 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 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 ARX | Capital Markets Advisors North American Equities Desk actelis@
Associated Press
29-04-2025
- Business
- Associated Press
Actelis Networks Receives New Order for Critical Infrastructure Modernization in Japan
FREMONT, Calif., April 29, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) ('Actelis' or the 'Company'), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced it has received a new order to supply its advanced networking technology to support critical infrastructure modernization in Japan. The order, placed through an industry leading distributor and developer of communications and networking equipment in Japan, will help enable secure connectivity for infrastructure applications. Actelis' cyber-hardened networking solutions provide the high-speed, secure connectivity required for modern infrastructure operations in environments including transportation systems, utilities, and defense networks. 'This order represents another step in our ongoing business in the Japanese market,' said Tuvia Barlev, Chairman and CEO of Actelis. 'Japan continues to be a strategic region for Actelis as we provide secure connectivity solutions that can be deployed rapidly over existing infrastructure, saving both time and cost for network operators.' This new order builds on Actelis' established presence in Japan, where the Company has previously supplied its solutions for major highway and rail systems throughout the country. Actelis, in collaboration with a long-standing Japanese channel partner, continues to serve customers in the region. The Company's hybrid-fiber networking solutions allow organizations to achieve fiber-grade performance while leveraging existing wiring infrastructure, significantly reducing deployment time and costs while enhancing security. 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 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. Contact: ARX | Capital Markets Advisors North American Equities Desk [email protected]
Yahoo
08-04-2025
- Automotive
- Yahoo
Actelis Networks Secures New Order to Modernize Orange County's Traffic Infrastructure
Advanced Cyber-Hardened Networking Technology to Enhance Critical Transportation Systems in California's Third Most Populous County FREMONT, Calif., April 08, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced it has secured a new order intended to modernize Orange County, California's intelligent transportation system (ITS) infrastructure. The order, which were placed through Actelis' long-standing partner Western Systems, will provide Orange County with Actelis' advanced networking technology that enable secure, high-speed connectivity for traffic management systems across the region. This deployment marks an important expansion of Actelis' footprint in California's transportation infrastructure, serving a county with over 3 million residents and one of the nation's most heavily trafficked transportation networks. "We're proud to be selected for this important project in Orange County, one of the nation's most dynamic and growing metropolitan areas," said Tuvia Barlev, Chairman and CEO of Actelis. "Our technology will help Orange County rapidly enhance its traffic management capabilities while providing the security and reliability essential for critical infrastructure operations." Actelis' hybrid-fiber networking solutions allow transportation authorities to achieve fiber-grade performance while leveraging existing infrastructure, significantly reducing deployment time and cost. The company's cyber-hardened technology is engineered to withstand harsh roadside environments while providing military-grade security protection against evolving threats to essential transportation networks. This latest order continues Actelis' momentum in the intelligent transportation systems market, following recent deployments in major cities including Washington D.C., Seattle, and Ventura County. The growing adoption of Actelis' technology by transportation authorities across the United States underscores the company's unique value proposition in enabling smart city initiatives and infrastructure modernization efforts. About Actelis Networks, 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 Forward-looking StatementsThis 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. Contact:ARX | Capital Markets AdvisorsNorth American Equities Deskactelis@
Yahoo
13-03-2025
- Business
- Yahoo
Actelis Networks to Report Annual 2024 Financial Results on Monday, March 24, 2025
FREMONT, Calif., March 13, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ('Actelis' or the 'Company'), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced that it will publish its annual 2024 financial results on Monday, March 24, 2025. The Company will hold a conference call on the same day, Monday, March 24, 2025, at 5 p.m. Eastern time to discuss its business and financial results and will answer questions. Parties who are interested may submit questions before or at the time of the call. Actelis' CEO Tuvia Barlev and Deputy CEO and CFO Yoav Efron will host the call. Date: Monday, March 24, 2025Time: 5 p.m. Eastern timeLink to Webcast: & Canada dial-in (toll-free): +1(800) 715-9871International dial-in (toll): +1(646) 307-1963Conference ID: 3851491 A transcript of the call will be available within 24-48 hours after the call at the following link: About Actelis Networks, 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 Forward-looking StatementsThis 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. ContactARX | Capital Markets AdvisorsNorth American Equities Deskactelis@ in to access your portfolio
Yahoo
13-02-2025
- Business
- Yahoo
Actelis Networks Appoints Leading Industry Expert Julie Kunstler as Board Member
New Independent Director Brings decades of strategic expertise in broadband access and cybersecurity to support Actelis Networks' growth FREMONT, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ('Actelis' or the 'Company'), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced the appointment of Julie Kunstler as an independent director to its Board of Directors, effective immediately. Kunstler brings over three decades of experience in the communications components, broadband access equipment sectors, and strategic corporate positioning, along with public company board experience. Kunstler currently serves on the board of Ethernity Networks Ltd., a company traded on the London Stock Exchange, and previously served on the board of TTI Team Telecom International, a NASDAQ-listed company until its acquisition by TEOCO in 2010. Her extensive board experience reflects a deep understanding of corporate governance, strategic growth, and technology-driven markets. Kunstler has held leadership roles across the communications technology landscape, with expertise spanning executive management, venture capital investment, industry analysis, and board governance. Most recently, she served as Chief Analyst for the Broadband Access Intelligence Service at Omdia, a division of Informa Tech, where she covered the fixed broadband access industry ecosystem. Prior to her role at Omdia, Kunstler was Vice President of Business Development at Teknovus, a venture-backed startup specializing in Passive Optical Network (PON) chip technology. There, she played a key role in corporate strategy, OEM agreements, fundraising, and led efforts that culminated in Teknovus' acquisition by Broadcom. Kunstler also co-founded and served as General Partner at Portview Communications Partners, a venture capital fund focused on early-stage investments in communications technology companies. In recognition of her significant contributions to the fiber broadband sector, Kunstler was awarded the Fiber Lifetime Achievement Award by the Fiber Broadband Association in July 2024. 'I am honored to join Actelis' Board,' stated Julie Kunstler. 'The requirements for secure, broadband access networking solutions are expanding across residential, enterprise, campus, and governmental segments. Actelis is well-positioned to address key challenges in cybersecurity, edge and access networking, and critical infrastructure. I look forward to contributing to the company's continued growth and success across multiple sectors.' Tuvia Barlev, Chairman and CEO of Actelis Networks, commented, 'We are thrilled to welcome Julie to the Actelis Board as an independent director. Her strategic vision and extensive expertise in broadband access and network infrastructure will be instrumental as we strengthen our leadership in cyber-hardened hybrid-fiber networking solutions and cyber-aware networking.' Kunstler holds an MBA from the University of Chicago, adding to her strong foundation in strategic business management. Her appointment reflects Actelis' ongoing commitment to enhancing its board with diverse perspectives and deep industry knowledge, supporting the company's mission to deliver innovative, secure networking solutions globally. Kunstler's detailed bio is available in the Company's latest filings with the Securities and Exchange Commission (SEC) on form 8-K. at About Actelis Networks, 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 Forward-looking StatementsThis 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. ContactARX | Capital Markets AdvisorsNorth American Equities Deskactelis@ in to access your portfolio
