Cyber Aware Networking
Search documents
Actelis Networks Secures Follow-On Order from Major North American Railway for Trackside Network Expansion Supporting Rail Safety Systems
Globenewswire· 2026-03-26 13:00
Repeat order underscores demand for reliable, high-performance communications across remote rail networksSunnyvale, Calif., March 26, 2026 (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 follow-on order from a major North American railway operator to expand its trackside networking infrastructure supporting critical rail safety ...
Actelis Networks Wins Order for Caltrans, California Department of Transportation, Highway Modernization in San Mateo County, California
Globenewswire· 2026-03-02 14:00
Core Insights - Actelis Networks has received an order to supply its hybrid fiber-copper networking solution for a major California Department of Transportation infrastructure modernization project in San Mateo County, indicating a growing adoption of its solutions by government transportation agencies across the U.S. [1][2] Group 1: Company Developments - The recent Caltrans order adds to a series of wins for Actelis, including orders from Orange County and Ventura County in California, and follow-on orders from the Washington, D.C. Department of Transportation, showcasing the company's expanding footprint in the government transportation sector [2] - The North American market demand for smart transportation is projected to be nearly $90 billion in 2026, which positions Actelis favorably for continued expansion within this sector as demand for rapid, cyber-safe, and cost-effective networking solutions increases [2] - Actelis' hybrid fiber-copper approach is being chosen by transportation authorities for its ability to deliver immediate, measurable results over existing infrastructure, significantly reducing the time and cost compared to traditional fiber deployment [2] Group 2: Project Details - The Caltrans project is part of a $120 million modernization initiative on a state route in San Mateo County, which includes traffic signal and monitoring systems across a critical corridor on the San Francisco Peninsula [2] - Actelis' MetaLight solutions will be deployed as part of the traffic management and communications infrastructure component of the Caltrans upgrade [2][3] Group 3: Product Features - The hybrid fiber Ethernet Access Device from Actelis is designed for quick installation, providing secure, fiber-grade connectivity over existing copper infrastructure at a lower cost than new fiber infrastructure [3] - This device supports high-speed, reliable data transmission between traffic management centers and field devices, such as traffic signals and cameras, without the need for disruptive new fiber trenching [3]
Actelis Networks Receives First Hotel Order for Its GigaLine Hospitality Solution
Globenewswire· 2025-12-12 14:00
Core Insights - Actelis Networks has formed a strategic partnership with a global hospitality platform provider, enabling significant international hotel market expansion [1] - The partnership allows Actelis to enhance its addressable market within large hospitality environments by leveraging its GigaLine hospitality solution [2] Company Developments - Actelis has received its first customer order for the deployment of its GigaLine hospitality solution, which is designed to provide gigabit connectivity to hotels using existing copper and coax infrastructure [1][2] - The GigaLine 9000 hybrid fiber networking solution eliminates the need for costly new fiber installations, facilitating rapid deployment of guest experience platforms in hotels worldwide [2][3] Market Opportunities - The hospitality technology provider can now expand its market reach to properties with existing copper or coax infrastructure, accelerating market penetration [3] - The in-building wireless market is projected to reach approximately $40 billion by 2030, indicating a significant growth opportunity for advanced connectivity solutions in the hospitality sector [4]
Actelis Networks Secures New Order for Leading Japanese Railway Operator
Globenewswire· 2025-11-19 14:12
Core Insights - Actelis Networks has received a nearly $100,000 order from a major Japanese railway operator for its networking technology aimed at modernizing critical rail infrastructure [1][2] - The order highlights the growing demand for Actelis' hybrid fiber networking solutions in Japan's transportation sector, enabling rapid modernization of communications infrastructure with minimal costs and downtime [2][3] - Actelis has established a strong presence in Japan, supplying solutions to major rail and highway operators, and continues to enhance its market position through strategic partnerships [3] Company Overview - Actelis Networks, Inc. is a leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in various applications, including rail and transportation [4] - The company's technology offers fiber-grade performance combined with the cost-efficiency of hybrid networks, and includes AI-based cyber monitoring for enhanced security [4]
Actelis Networks Announces Launch of GigaLine 9000 Solution for Large-Scale Building Connectivity Applications
Globenewswire· 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
Globenewswire· 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
Globenewswire· 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
Globenewswire· 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
Globenewswire· 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
Globenewswire· 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]