Core Insights - Actelis Networks, Inc. reported a sequential revenue growth of 31% in Q2 2025, reaching $0.94 million, while the first half of 2025 revenue totaled $1.7 million, down from $4.16 million in the prior year period [6][9] - The company is restructuring to focus on high-growth markets and aims for a 15-20% cost reduction over the next 6-9 months [3][16] - Actelis secured significant contracts, including its first major US telecommunications carrier customer for MDU solutions, indicating strong market validation [6][9] Financial Performance - Q2 2025 revenues were $941,000, a decrease from $3.4 million in Q2 2024, while the first half of 2025 revenues were $1.7 million compared to $4.2 million in the same period in 2024 [9][31] - Gross margin for Q2 2025 was 32%, down from 57% in Q2 2024, with a first half gross margin of 33% compared to 52% in the prior year [6][11] - Operating loss for Q2 2025 was $1.77 million, compared to an operating profit of $66,000 in Q2 2024, reflecting a decline in sales [15][31] Operational Highlights - The company has appointed new leadership in sales and marketing, including Mark DeVol as Chief Revenue Officer for the Americas, to enhance focus on Federal/Military and Local Government markets [6][7] - Actelis is expanding its international presence with orders from various global markets, including Nordic municipalities and Japanese infrastructure projects [6][9] - The company is implementing an AI-enabled restructuring plan aimed at improving operational efficiency and market capture [3][16] Liquidity and Capital Management - Actelis raised approximately $1.35 million in Q2 2025, maintaining a low debt level and strengthening its balance sheet [6][8] - Financial expenses for Q2 2025 were $128,000, a decrease from $144,000 in Q2 2024, primarily due to loan repayments [17][18] - The company is adopting a cryptocurrency treasury management strategy to enhance financial flexibility [16]

Order demonstrates the importance of Actelis' hybrid-fiber technology for carrier-grade enterprise applications, expanding the Company's footprint in the UK telecommunications marketFREMONT, Calif., Aug. 04, 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 from a leading tier 2 telecommunications carrier in the Uni ...

Company Overview - Actelis Networks, Inc. is a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including sectors such as government, military, and telecom [4] - The company offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks, enhancing network security through its "Cyber Aware Networking" initiative [4] Key Developments - Actelis has received a new order from a large Pan European Telecom Group for its GigaLine technology, aimed at supporting mobile base station backhaul with gigabit communication over long distances [1][2] - The GigaLine solution addresses critical mobile infrastructure connectivity challenges and lays the groundwork for potential large-scale network modernization programs across the carrier's European service territories [2] Technology and Benefits - GigaLine technology enables carriers to provide reliable gigabit-grade connectivity to remote mobile base stations where traditional fiber deployment is impractical or cost-prohibitive [2][3] - The technology leverages hybrid fiber-copper, cyber-hardened technology to deliver fiber-grade performance over existing infrastructure, facilitating rapid deployment in challenging rural environments [3]

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. 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]

Core Viewpoint - Actelis Networks, Inc. has received a new order to supply advanced networking technology for critical infrastructure modernization in Japan, emphasizing its strategic presence in the region [1][3]. Company Overview - Actelis Networks, Inc. is a market leader in hybrid fiber-copper, cyber-hardened networking solutions, focusing on rapid deployment in wide-area IoT applications across various sectors including government, military, and utilities [4]. - The company's innovative portfolio offers fiber-grade performance while maintaining the flexibility and cost-efficiency of hybrid fiber-copper networks [4]. Recent Developments - The new order, placed through a leading Japanese distributor, aims to enable secure connectivity for infrastructure applications, particularly in transportation systems, utilities, and defense networks [2]. - This order builds on Actelis' established presence in Japan, where it has previously supplied solutions for major highway and rail systems [3]. - Actelis' hybrid-fiber networking solutions allow organizations to achieve fiber-grade performance while leveraging existing wiring infrastructure, significantly reducing deployment time and costs [3]. Strategic Importance - Japan is identified as a strategic region for Actelis, with the company providing secure connectivity solutions that can be rapidly deployed over existing infrastructure, thus saving time and costs for network operators [3].