Actelis(ASNS)
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Actelis Networks Announces Pricing of $5 Million Public Offering
Globenewswire· 2025-12-18 01:01
Core Viewpoint - Actelis Networks, Inc. has announced a public offering of 6,250,000 shares of common stock at a price of $0.80 per share, aiming to raise approximately $5 million in gross proceeds for general corporate purposes [1][2]. Group 1: Offering Details - The public offering includes warrants to purchase an additional 6,250,000 shares of common stock, with an exercise price of $0.80 per share, exercisable upon issuance and expiring five years thereafter [1]. - The closing of the offering is expected around December 19, 2025, pending customary closing conditions [1]. Group 2: Financial Information - The gross proceeds from the offering are anticipated to be $5 million before deducting placement agent fees and other expenses [2]. - H.C. Wainwright & Co. is acting as the exclusive placement agent for this offering [2]. Group 3: Company Overview - Actelis Networks, Inc. specializes in hybrid fiber and cyber-hardened networking solutions for IoT applications across various sectors, including government, military, and telecom [5]. - The company’s offerings provide fiber-grade performance while maintaining the flexibility and cost-efficiency of hybrid fiber-copper networks [5]. - Actelis also emphasizes network security through its "Cyber Aware Networking" initiative, which includes AI-based cyber monitoring and protection for edge devices [5].
VITEC and Actelis Networks Announce Partnership to Bring IPTV to RF-Only Facilities
Globenewswire· 2025-12-17 21:01
Paris, France and Sunnyvale, Calif, Dec. 17, 2025 (GLOBE NEWSWIRE) -- VITEC, a global leader in IPTV and digital signage solutions, and Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced a new partnership to deliver IPTV and digital signage to facilities operating on legacy RF coaxial infrastructure. This robust, market-ready solution enables IP video distribution over existing coax cabling, elimin ...
Actelis Networks Receives First Hotel Order for Its GigaLine Hospitality Solution
Globenewswire· 2025-12-12 14:00
Strategic partnership with global hospitality platform provider active across 26 countries positions company for significant international hotel market expansionSUNNYVALE, Calif., Dec. 12, 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 its first customer order for deployment of its GigaLine hospitality solution. The order i ...
Actelis Networks Regains Compliance with Nasdaq Bid Price Requirement
Globenewswire· 2025-12-09 13:30
SUNNYVALE, Calif, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received formal notice from The Nasdaq Stock Market LLC that Actelis has regained compliance with the $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2), and now satisfies all applicable criteria for continued listing on The Nasdaq Capital Market. A ...
Actelis Networks Achieves First Meaningful Deployment of Its Legacy T1 To Fiber Solution with Major U.S. Carrier
Globenewswire· 2025-12-08 13:30
Actelis technology selected to support a major carrier’s multi-state customer base to modernize legacy T1 and TDM networks in the United States Recent U.S. government FCC proposal to accelerate copper-network retirements may create further demand for modernization solutions such as Actelis’ technology SUNNYVALE, Calif., Dec. 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 bro ...
Actelis Networks Continues Washington DC Department of Transportation Growth Path with Three New Orders, Following the $2.3 Million 2024 Deployment
Globenewswire· 2025-11-25 14:00
Core Insights - Actelis Networks has received follow-on orders from the Washington DC Department of Transportation (DDOT) totaling nearly $100,000, building on a previous $2.3 million order, indicating strong customer growth in modernizing intelligent transportation systems [1][2][4] - The successful deployment of Actelis' hybrid fiber-copper technology validates the collaboration between Actelis and local integration partners, showcasing the effectiveness of their solutions in enhancing DDOT's infrastructure [2][4] - Actelis' technology transforms legacy infrastructure into Gigabit-capable networks, enabling advanced applications such as real-time traffic signal optimization and video surveillance, which are crucial for managing urban traffic [3][4] Company Overview - Actelis Networks, Inc. is a leader in hybrid fiber-copper networking solutions, providing rapid deployment capabilities for IoT applications across various sectors including government and transportation [5] - The company's solutions offer fiber-grade performance while maintaining cost efficiency, positioning Actelis favorably in the market for intelligent transportation infrastructure [5] Industry Trends - The ongoing investment by DDOT reflects a broader trend among municipalities prioritizing hybrid fiber-copper solutions as cost-effective alternatives to full fiber deployments, indicating a shift in infrastructure modernization strategies [4]
Actelis Networks Secures New Order for Leading Japanese Railway Operator
Globenewswire· 2025-11-19 14:12
Nearly $100,000 order demonstrates growing adoption of Actelis' networking solutions in Japan's rail sectorFREMONT, Calif, Nov. 19, 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 from a major Japanese railway operator to supply its networking technology for critical rail infrastructure modernization. The approxi ...
Actelis Networks, Inc. (ASNS) Executes Reverse Stock Split and Reports Quarterly Financials
Financial Modeling Prep· 2025-11-18 19:12
Core Insights - Actelis Networks, Inc. executed a reverse stock split at a ratio of 10 for 1 to increase per-share price by reducing outstanding shares [1] - The company reported a quarterly loss of $0.17 per share, missing the Zacks Consensus Estimate of a $0.13 loss, indicating ongoing financial challenges [2] - Revenue for the quarter ending September 2025 was $640,000, significantly below the Zacks Consensus Estimate by 57.13%, and a decline from $2.54 million a year ago [3] Financial Performance - The quarterly loss of $0.17 per share represents a 30.77% negative surprise and a decline from the previous year's loss of $0.09 per share [2] - ASNS has consistently failed to meet consensus revenue estimates over the last four quarters, reflecting ongoing difficulties in achieving expected financial targets [3] Strategic Developments - The company nearly doubled its customer bookings compared to the second quarter and is entering the fourth quarter with a stronger backlog of orders [4] - ASNS is implementing a reorganization and efficiency plan aimed at reducing operating expenses by 15-20% annually [5] - Despite a softer quarter in Federal revenue, the CEO remains optimistic about the company's future prospects [5] Market Position - The stock is currently priced at $0.32, reflecting a decrease of 18.02%, with a market capitalization of approximately $2.9 million [5]
Actelis Networks, Inc. (ASNS) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2025-11-14 15:11
分组1 - Actelis Networks reported a quarterly loss of $0.17 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.13, and compared to a loss of $0.09 per share a year ago, indicating a significant earnings surprise of -30.77% [1] - The company posted revenues of $0.64 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 57.13%, and a decline from year-ago revenues of $2.54 million [2] - Actelis Networks shares have declined approximately 68% since the beginning of the year, contrasting sharply with the S&P 500's gain of 14.6% [3] 分组2 - The earnings outlook for Actelis Networks is uncertain, with current consensus EPS estimates at -$0.09 on $2 million in revenues for the coming quarter and -$0.64 on $5.16 million in revenues for the current fiscal year [7] - The Zacks Industry Rank for Communication - Components is currently in the top 15% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8] - The estimate revisions trend for Actelis Networks was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]
Actelis Networks Announces Reverse Stock Split
Globenewswire· 2025-11-14 14:00
FREMONT, California, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis Networks” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, announced that its Board of Directors has approved a one-for-ten reverse stock split of its common stock that is scheduled to become before trading opens on November 18, 2025. Beginning on November 18, 2025, the Company’s common stock will trade on the Nasdaq Capital Mar ...