Cyber Aware Networking

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Actelis Networks Announces Launch of GigaLine 9000 Solution for Large-Scale Building Connectivity Applications
Globenewswireยท 2025-09-04 13:00
Core Viewpoint - Actelis Networks has launched the GigaLine 9000 (GL9000) solution, which provides gigabit connectivity for large buildings by utilizing existing copper and coax infrastructure, addressing the multi-billion-dollar in-building connectivity market and enhancing the efficiency of the U.S. Federal BEAD Program funding [1][3][4]. Group 1: Product Features and Market Opportunity - The GL9000 offers a scalable architecture that allows for incremental implementation and management of connectivity solutions without significant initial capital expenditure, addressing modernization challenges in large facilities [2][6]. - The in-building wireless market is projected to grow from $22.58 billion in 2025 to $46 billion by 2030, highlighting the significant market opportunity for Actelis [2]. - The solution can connect more households through existing infrastructure optimization, potentially addressing inefficiencies in the $42.45 billion BEAD Program [3]. Group 2: Deployment and Operational Efficiency - The GL9000 enables rapid service deployment, typically completed within one hour for complex facility environments, thus maintaining operational continuity [5]. - Advanced network management capabilities support centralized operations across large facilities, improving operational efficiency for facility operators [6]. - The scalable deployment model allows for expansion from initial implementations to full 160-endpoint configurations based on facility requirements and budget [6]. Group 3: Go-to-Market Strategy - Actelis is implementing its go-to-market strategy through partnerships with system integrators and technology distribution channels that specialize in large facility connectivity solutions [7]. - The solution is currently available for deployment, with market expansion supported through North American and European channel partnerships [7].
Actelis Networks to Present at the Upcoming 27th Annual H.C. Wainwright Global Investment Conference
Globenewswireยท 2025-09-03 20:30
Core Insights - Actelis Networks, Inc. will present at the 27th Annual H.C. Wainwright Global Investment Conference from September 8-10, 2025, in New York City [1] - The presentation is scheduled for September 10, 2025, at 12:30 PM ET, with Deputy CEO and CFO Yoav Efron available for one-on-one meetings [2] Company Overview - Actelis Networks is a leader in hybrid fiber and cyber-hardened networking solutions, focusing on rapid deployment for wide-area IoT applications across various sectors including government, military, and telecom [2] - The company offers fiber-grade performance combined with the flexibility and cost-efficiency of hybrid fiber networks [2] - Actelis' "Cyber Aware Networking" initiative provides AI-based cyber monitoring and protection for edge devices, enhancing network security and resilience [2]
Actelis Networks Announces Warrant Exercise for $1.6 Million in Gross Proceeds
Globenewswireยท 2025-09-02 17:37
Core Viewpoint - Actelis Networks, Inc. has entered into a definitive agreement for the immediate exercise of certain outstanding warrants, allowing the purchase of 4,270,197 shares at a reduced exercise price of $0.37 per share, which is significantly lower than the original prices ranging from $1.18 to $2.00 per share [1][2]. Group 1 - The gross proceeds from the exercise of the existing warrants are expected to be approximately $1.6 million, which will be used for working capital and general corporate purposes [2]. - The company will issue new unregistered warrants to purchase up to 6,405,296 shares at an exercise price of $0.37 per share, with different expiration terms based on the number of shares [3]. - The new warrants have not been registered under the Securities Act of 1933, meaning they cannot be offered or sold in the U.S. without an effective registration statement or applicable exemption [4]. Group 2 - Actelis Networks is recognized as a market leader in hybrid fiber-copper networking solutions, particularly for IoT applications across various sectors including government, military, and telecom [6]. - The company emphasizes its "Cyber Aware Networking" initiative, which provides AI-based cyber monitoring and protection for edge devices, enhancing network security [6].
Actelis Networks Receives Strategic Order from the FAA for Critical Air Traffic Control Infrastructure Modernization
Globenewswireยท 2025-09-02 13:00
Core Insights - Actelis Networks has received a $0.5 million order from the FAA for advanced hybrid-fiber networking solutions aimed at modernizing air traffic control infrastructure [1][2][3] - The order is part of a larger $12.5 billion funding initiative approved by Congress for FAA's modernization efforts, with $4.75 billion specifically allocated for telecommunications infrastructure improvements [2][3] - Actelis' technology allows for rapid deployment and enhancement of existing infrastructure, providing fiber-grade performance and high cybersecurity standards without the need for extensive new installations [3][5] Company Role and Technology - Actelis plays a critical role in the FAA's air traffic control system upgrades, leveraging its established relationship with the agency since 2020 [4] - The company's hybrid-fiber technology addresses challenges in aviation infrastructure modernization by enabling immediate deployment capabilities across existing copper, coax, and fiber networks [5] - Actelis' solutions enhance operational reliability and cybersecurity, particularly in light of recent communication disruptions at major airports [6] Market Context - The FAA's modernization initiative is part of a multi-year, multi-billion-dollar transformation that could require investments exceeding $30 billion [2] - Recent incidents, such as communication blackouts at Newark Liberty International Airport, highlight the urgent need for reliable and secure networking solutions in aviation operations [6]
Actelis Networks Reports Second Quarter 2025 Financial Results and Operational Update
Globenewswireยท 2025-08-14 20:30
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]
Actelis Networks Expands Its UK Presence With a Major Tier 2 Carrier Win for Enterprise Connectivity Solutions
Globenewswireยท 2025-08-04 13:20
Core Insights - Actelis Networks has secured a new order from a leading tier 2 telecommunications carrier in the UK to deploy its hybrid-fiber networking solutions for enterprise connectivity applications, highlighting the importance of its technology in the UK telecommunications market [1][2][3] Company Overview - Actelis Networks is a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, offering fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks [5] Market Expansion - The new order signifies Actelis' continued expansion in the UK telecommunications market, where its technology allows carriers to deliver fiber-grade connectivity over existing infrastructure, significantly reducing deployment costs and timelines compared to traditional methods [2][3] - The UK enterprise connectivity market is one of the largest in Europe and the world, providing a significant growth opportunity for Actelis as telecommunications providers seek innovative solutions [4][5] Strategic Value - The order reflects the strategic value of Actelis' hybrid-fiber technology, enabling UK telecommunications providers to rapidly expand high-quality enterprise services without substantial capital expenditure and lengthy deployment timelines [3][4] - Actelis' established presence in the UK market, including deployments for critical infrastructure applications, positions the company well for continued growth [4]
Actelis Networks Books Mobile Infrastructure Connectivity Order from a Multi-National European Group Member for GigaLine Backhaul Technology
Globenewswireยท 2025-07-24 12:45
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]
Actelis Secures Order from Major US Telecommunications Carrier for Next-Generation Rapid MDU Connectivity Solutions
Globenewswireยท 2025-06-24 13:00
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]
Actelis Networks Accelerates US Federal Government and Military Expansion Efforts, Hires Industry Veteran Sales Director as Company accelerates efforts in Major Military Branches
Globenewswireยท 2025-06-16 12:15
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]
Actelis Networks Reports First Quarter 2025 Financial Results With Stable Revenues Alongside Increased Global Partners Coverage And Operational Efficiency
Globenewswireยท 2025-05-13 20:35
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]