ACTELIS NETWORKS, INC.


Associated tags: Internet of things, Local government, ITS, Network, ASNS, Copper

Locations: OREGON, ASIA, INDIA, FREMONT, CA, US, MIDDLE EAST, NORTH AMERICA, EUROPE, ISRAEL, AFRICA, WASHINGTON, CROSSTOWN, CALIFORNIA

Actelis Announces U.S. Department of Defense JITC Labs Approval for Cybersecurity and Interoperability and Approved Products List Status

Retrieved on: 
Tuesday, January 16, 2024

The DoDIN APL, maintained by the Defense Information Systems Agency (DISA) , is the single consolidated list of products that have completed Cybersecurity and Interoperability certification.

Key Points: 
  • The DoDIN APL, maintained by the Defense Information Systems Agency (DISA) , is the single consolidated list of products that have completed Cybersecurity and Interoperability certification.
  • Now, with Actelis products on the APL, the procurement process for JITC certified, cost-effective, and immediately deployable connectivity is now much faster and simpler.
  • “The JITC cybersecurity certification by the Department of Defense demonstrates Actelis’ strength in the area of network security and data protection,” said Barlev.
  • “Security is a core pillar of the Actelis solution, and we are very proud to be certified by the United States military.”

Actelis Receives Order From Major North American Rail Operator For Management Software And Services

Retrieved on: 
Thursday, December 28, 2023

FREMONT, Calif., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received an order for management software license and services in the amount of approximately $300,000 from a major North American rail operator.

Key Points: 
  • FREMONT, Calif., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received an order for management software license and services in the amount of approximately $300,000 from a major North American rail operator.
  • The order provides software license and software support for 3 years and grants the customer access to the latest version of Actelis’ MetaASSIST Element Management System (EMS) , version 4.0.
  • Actelis technology is utilized by the rail industry globally to enable instantaneous fiber-grade connectivity over long distances utilizing any wireline medium, from legacy copper to new fiber.
  • “This new order demonstrates the trust major clients have in the Actelis solution,” said Tuvia Barlev, Chairman and CEO of Actelis.

Actelis Networks Announces Closing of $1.5 Million Private Placement Priced At-The-Market Under Nasdaq Rules

Retrieved on: 
Wednesday, December 20, 2023

Actelis expects to use the gross proceeds from the private placement of approximately $1.5 million, together with existing cash and cash equivalents, for working capital and general corporate purposes.

Key Points: 
  • Actelis expects to use the gross proceeds from the private placement of approximately $1.5 million, together with existing cash and cash equivalents, for working capital and general corporate purposes.
  • The Company may receive additional gross proceeds of approximately $1.5 million if the warrants are exercised in full for cash.
  • There is no assurance that any of the warrants will be exercised.
  • H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

Actelis Networks Announces $1.5 Million Private Placement Priced At-The-Market Under Nasdaq Rules

Retrieved on: 
Monday, December 18, 2023

H.C. Wainwright & Co. is acting as exclusive placement agent for the offering.

Key Points: 
  • H.C. Wainwright & Co. is acting as exclusive placement agent for the offering.
  • The gross proceeds to the Company are expected to be approximately $1.5 million.
  • The offering is expected to close on or about December 20, 2023, subject to satisfaction of customary closing conditions.
  • The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.

Actelis Announces Order Received and Launch of New Last Mile Hybrid-Fiber Multi-Gigabit Broadband Solution For Buildings and IoT Applications

Retrieved on: 
Thursday, December 14, 2023

Now, without the need to wait for fiber availability, millions of homes and businesses can be connected immediately to broadband services generating new revenue opportunities for providers.

Key Points: 
  • Now, without the need to wait for fiber availability, millions of homes and businesses can be connected immediately to broadband services generating new revenue opportunities for providers.
  • The GigaLine 800 can be configured for point-to-point or point-to-multi-point applications, with capability to connect multiple buildings or IoT devices from one unit.
  • Actelis places high importance on network security when designing its products which is why it incorporated high-end security protocols into the GigaLine 800.
  • A recent order has been received by a global integrator of infrastructure, demonstrating the appeal of the GigaLine 800 in the market.

Actelis Receives Order For Networking Of Traffic Management and Safety IoT Applications In The City of Everett, Washington

Retrieved on: 
Wednesday, December 6, 2023

Actelis continues its success with trusted ITS channel partner, Western Systems , who works with the city’s traffic engineering department on traffic device deployments.

Key Points: 
  • Actelis continues its success with trusted ITS channel partner, Western Systems , who works with the city’s traffic engineering department on traffic device deployments.
  • Everett, the seventh largest city in Washington State, has an ambitious Transportation Modernization Program covering a host of planned improvements, many of which focus on transportation safety and smart traffic enhancements.
  • Actelis’ integrated hybrid fiber-copper networking platform helps Everett and cities around the world to advance their traffic management and safety initiatives by enabling and extending secure, fiber-grade connectivity at traffic intersections with deployment in just hours.
  • Actelis’ ML684D , a part of the company’s MetaLight product family, are weather hardened, multi-gigabit network switches that transport critical traffic related information to the city traffic operations center.

Actelis Receives Order From Major German Energy Provider For Encrypted, Cyber-Hardened, Hybrid-Fiber Networking

Retrieved on: 
Wednesday, November 29, 2023

FREMONT, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received a new order to supply a major German provider with its new Encrypted, cyber-hardened, hybrid-fiber networking technology.

Key Points: 
  • FREMONT, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received a new order to supply a major German provider with its new Encrypted, cyber-hardened, hybrid-fiber networking technology.
  • Actelis continues to expand its solution within the energy sector where data security is critical.
  • Actelis’ customer supplies gas and electricity for over two million people throughout hundreds of cities in Germany.
  • Syserso provides planning, implementation, and support services for critical infrastructure, public, and private networks.

Actelis Delivers Hybrid-Fiber Networking Solutions to US Naval Base In Asia-Pacific

Retrieved on: 
Monday, November 20, 2023

FREMONT, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) --  Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has delivered its cyber-hardened, hybrid-fiber networking devices to a US Naval customer based in the Asia-Pacific region.

Key Points: 
  • FREMONT, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) --  Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has delivered its cyber-hardened, hybrid-fiber networking devices to a US Naval customer based in the Asia-Pacific region.
  • This is to help the customer modernize its on-base operations, demonstrating the trust the Navy has in the Actelis solutions.
  • The naval base selected the Actelis solution for two main purposes.
  • The upgraded network will utilize Actelis’ extended reach products, providing the capability to extend connectivity over long distances and to hard-to-reach locations.

Actelis Networks Reports Third Quarter 2023

Retrieved on: 
Tuesday, November 14, 2023

FREMONT, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment Hybrid-Fiber networking solutions for wide area IoT applications, today reported financial results for the fiscal third quarter and nine months ended September 30, 2023.

Key Points: 
  • FREMONT, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment Hybrid-Fiber networking solutions for wide area IoT applications, today reported financial results for the fiscal third quarter and nine months ended September 30, 2023.
  • Third Quarter and nine months of 2023 Financial Highlights:
    Revenues were $0.85 million for the third quarter of 2023 compared to $1.35 million in the year ago period, as significant new orders expected to close in the third quarter were delayed to the fourth quarter of the year.
  • Operating expenses for the third quarter 2023 were $2.35 million, flat compared to $2.35 million sequentially helped by cost reductions implemented during the second quarter of 2023, offset by investments in sales and marketing.
  • Operating expenses for the third quarter 2023 decreased to $2.35 million compared to $2.54 million in the year ago period, due to cost reductions implemented during the second quarter of 2023.

Actelis Launches Unique, Ultra Low Power In-Building Gigabit Connectivity Solution For Instant Service Provisioning of Multi-Tenant Units

Retrieved on: 
Tuesday, October 24, 2023

According to a Parks Associates study, over 30% of US residents live in apartments and multi-family units and 50% report experiencing network issues.

Key Points: 
  • According to a Parks Associates study, over 30% of US residents live in apartments and multi-family units and 50% report experiencing network issues.
  • A flexible hybrid fiber-copper-coax solution, the GigaLine 900 is a very low power, Ethernet GE/PON splitter-extender delivering Gigabit connectivity to tenants utilizing the existing wiring already in the walls of the building.
  • GigaLine 900 utilizes a 2.5 GBPS or 1 GBPS uplink and provides symmetrical Gigabit service for up to 16 tenant units.
  • “Our customers see that they can utilize this new solution to generate faster revenues, maximize their labor force, and increase customer satisfaction immediately.”