Actelis(ASNS) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Actelis Networks Reports Fiscal First Quarter 2024 FREMONT, Calif., May 14, 2024 — Actelis Networks, Inc. (NASDAQ: ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, today reported financial results for the fiscal first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights: ● Strategic shift to IoT sales continues: Revenue at $0.73 million for the first quarter ended March 31, 2024 compared ...