GigaLine technology enables gigabit connectivity for mobile base stations over existing infrastructure, eliminating costly fiber deploymentsFREMONT, Calif., July 24, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS), 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 member of a large Pan European Telecom Group for its GigaLine technology to support mobile base station backhaul requiring ...

Company Overview - Actelis Networks, Inc. is a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications [1][6] - The company specializes in hybrid fiber-copper networking solutions, providing fiber-grade performance with cost-efficiency [6] Private Placement Announcement - Actelis announced the closing of a private placement for the issuance and sale of 1,626,019 shares of common stock and associated warrants [1] - The purchase price for the shares and warrants was set at $0.615 per share [1][2] Financial Details - The aggregate gross proceeds from the offering were approximately $1 million, with potential additional gross proceeds of about $3 million from the warrants if fully exercised [3] - The Series A-3 warrants will expire five years from shareholder approval, while the short-term Series A-4 warrants will expire in eighteen months [2] Use of Proceeds - The company intends to use the net proceeds from the offering as working capital for general corporate purposes [3] Regulatory Information - The securities were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933 and Regulation D, and have not been registered under the Act [4]

Core Viewpoint - Actelis Networks, Inc. has announced a private placement for the issuance and sale of common stock and warrants, aiming to raise approximately $1 million in gross proceeds, with potential additional proceeds of about $3 million from the exercise of warrants [1][3]. Group 1: Offering Details - The company will issue 1,626,019 shares of common stock and Series A-3 and A-4 warrants, with a purchase price of $0.615 per share [1][2]. - The Series A-3 warrants will expire five years from shareholder approval, while the short-term Series A-4 warrants will expire eighteen months from the same approval [2]. - H.C. Wainwright & Co. is acting as the exclusive placement agent for this offering [2]. Group 2: Financial Implications - The expected gross proceeds from the offering are approximately $1 million, before deducting fees and expenses [3]. - If fully exercised, the warrants could provide an additional gross proceeds of around $3 million [3]. - The net proceeds from the offering will be used as working capital for general corporate purposes [3]. Group 3: Regulatory Information - The securities are offered in a private placement under Section 4(a)(2) of the Securities Act of 1933 and Regulation D, and have not been registered under the Act [4]. - The offering is limited to accredited investors, and the company has agreed to file registration statements with the SEC for the resale of unregistered securities [4]. Group 4: Company Overview - Actelis Networks, Inc. is a leader in hybrid fiber-copper networking solutions for IoT applications, providing fiber-grade performance with cost efficiency [6]. - The company focuses on cyber-hardened networking solutions and offers AI-based cyber monitoring and protection for edge devices [6].

Core Insights - The company is focusing on accelerating AI integration to enhance revenue growth and operational efficiency across its core markets, which include Federal/Military, Smart City/Intelligent Transportation, and Multi-Dwelling Units [1] - AI tools have been successfully integrated into various functions such as software development, testing, marketing content creation, and administrative applications, with plans to expand into lead generation and sales processes [2] - The AI strategy emphasizes portfolio development and administrative operations, aiming to improve time to market and operational efficiency [3] - The leadership highlights that competitiveness and shareholder value are closely tied to the adoption of AI across operations and market reach [4] Company Overview - Actelis Networks, Inc. is a leader in hybrid fiber-copper networking solutions, providing rapid deployment for IoT applications across various sectors including government, military, and telecom [5] - The company offers a portfolio that combines fiber-grade performance with the cost-efficiency of hybrid networks, and it has a "Cyber Aware Networking" initiative that includes AI-based cyber monitoring and protection [5]

Core Insights - Actelis Networks has received its first significant order from a major US telecommunications carrier for its GigaLine solutions, marking a milestone in the company's strategy for the multi-dwelling unit (MDU) market [1][2][3] - The GigaLine 800 and GigaLine 900 solutions provide fiber-grade connectivity to MDUs without the need for new fiber installations, allowing for rapid expansion of high-speed services [2][3] - The partnership with Netceed has facilitated this order, highlighting the collaboration aimed at delivering innovative connectivity solutions across the US [3] Market Opportunity - The MDU market presents a substantial growth opportunity, with approximately 23 million apartment buildings in the United States [4] - Actelis' GigaLine 900 solution is noted for its power efficiency of less than 5 watts, offering a sustainable and cost-effective approach for telecommunications providers [4] Strategic Positioning - The GigaLine solutions are designed to address the 'last 100 meters' challenge in MDU environments, enabling faster broadband deployment while significantly reducing capital expenses [4] - The initial order is expected to pave the way for significant expansion and potential follow-on orders across the carrier's service area [1][4]

Core Insights - Actelis Networks is accelerating its federal and military market expansion by appointing Jason Chasse as Director of Federal Sales, leveraging his 30 years of experience in federal sales [1][3] - The company's solutions are recognized for addressing critical modernization needs in military and federal agencies, with products listed on the Department of Defense Information Network Approved Products List [2][4] Company Strategy - The appointment of Jason Chasse reflects Actelis' commitment to building long-term strategic relationships within the federal and defense community, aiming for growth in this sector [3] - Actelis' hybrid-fiber networking technology allows for immediate fiber-grade connectivity over existing infrastructure, significantly reducing deployment time from months to days [5] Market Position - Actelis has established strong relationships within the defense community, evidenced by recent contracts from U.S. Army installations and Army National Guard bases [4] - The company's GigaLine solution is effective for military base modernization, providing secure, multi-gigabit connectivity for critical operations [4]

Core Insights - Actelis Networks, Inc. has received a follow-on order worth $102,000 from a major Mid-Atlantic US county to enhance its Advanced Transportation Management System (ATMS) operations, building on a previous $260,000 project announced in July 2024 [1][2] Company Overview - Actelis is a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, focusing on hybrid fiber-copper technology [5] - The company provides AI-based cyber monitoring and protection for edge devices, enhancing network security and resilience [5] Market Position - The new order reinforces Actelis' position as a trusted provider of critical networking infrastructure for intelligent transportation systems across the nation [2][3] - Recent deployments in cities such as Seattle, Orange County, and Eugene, as well as projects in Northern Ireland and other regions, highlight Actelis' growing recognition in the global market [4] Technology and Solutions - The order aims to support the county's Transportation Systems Technical operations, providing secure, high-performance connectivity for smart transportation applications, including automated traffic signal control and real-time intersection monitoring [3][4] - Actelis' hybrid-fiber technology allows for rapid extension of digital capabilities, enhancing safety, reducing congestion, and improving transportation efficiency [4]

Company Performance - Actelis Networks, Inc. reported a quarterly loss of $0.22 per share, which was better than the Zacks Consensus Estimate of a loss of $0.25, and an improvement from a loss of $0.50 per share a year ago, representing an earnings surprise of 12% [1] - The company posted revenues of $0.72 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 39.92%, and a slight decrease from year-ago revenues of $0.73 million [2] - Actelis Networks has not surpassed consensus revenue estimates over the last four quarters [2] Stock Performance - Actelis Networks shares have declined approximately 42.5% since the beginning of the year, contrasting with the S&P 500's decline of only 0.6% [3] - The current Zacks Rank for Actelis Networks is 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.04 on revenues of $3 million, and for the current fiscal year, it is -$0.42 on revenues of $10 million [7] - The estimate revisions trend for Actelis Networks is currently unfavorable, which may impact future stock movements [6] Industry Context - The Communication - Components industry, to which Actelis Networks belongs, is currently ranked in the bottom 28% of over 250 Zacks industries, suggesting a challenging environment for the stock [8]

Exhibit 99.1 Actelis Networks Reports First Quarter 2025 Financial Results With Stable Revenues Alongside Increased Global Partners Coverage And Operational Efficiency strategic focus on growing deal pipeline and high-margin wins drive gross margin expansion to 35% while maintaining stable revenues and disciplined cost management across growing global customer base FREMONT, Calif., May 13, 2025 -- Actelis Networks, Inc. (NASDAQ: ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid de ...

Core Insights - Actelis Networks, Inc. reported a gross margin expansion to 35% for Q1 2025, driven by a strategic focus on growing its deal pipeline and high-margin wins while maintaining stable revenues and disciplined cost management [1][7][6] Financial Performance - Revenues for Q1 2025 were $721,000, slightly down from $726,000 in Q1 2024, primarily due to a 31% decline in revenues from the EMEA region, offset by a 23% increase in North America [6][7] - Gross profit for Q1 2025 was $251,000, representing 35% of revenue, an increase from $220,000 or 30% of revenue in Q1 2024, attributed to improved regional revenue mix and efficient cost management [9][7] - Operating loss improved to $1.81 million in Q1 2025 from $1.87 million in the same period last year, reflecting enhanced gross margins and continued expense control measures [11][7] - Net loss per share decreased to $(0.22) for Q1 2025, a 56% improvement compared to $(0.50) in Q1 2024 [7][12] Operational Highlights - The company is focusing on three main business areas: Federal and Military, Multi-Dwelling Units (MDU), and Intelligent Transportation Systems (ITS), with an emphasis on growing the pipeline for the remainder of the year [7][5] - New orders were received from various regions, including the Nordic region, Hungary, the US, UK, and Japan, validating the value proposition of Actelis' solutions [2][7] - The company engaged with multi-billion dollar partners, enhancing opportunities in ITS markets and expanding its sales presence across Europe [7][5] Cost Management - Operating expenses for Q1 2025 were $2.06 million, a 1.5% decrease from $2.09 million in Q1 2024, reflecting consistent efforts to reduce expenses [11][7] - Interest expenses significantly decreased due to the company becoming nearly debt-free, contributing to a stronger financial position [5][12] Market Position - Actelis Networks is recognized as a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in various applications, including government and military sectors [14][1] - The company's innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid networks, enhancing its competitive edge in the market [14][1]