Associated tags: Local government, Network, Internet of things, ITS, ASNS, Copper
Locations: UNITED STATES, JAPAN, SWITZERLAND, MIDDLE EAST, NORTH AMERICA, AFRICA, EUROPE, LOS ANGELES, AMERICAS, COLORADO, CHECKPOINT, ISRAEL, NEW YORK CITY, GERMANY, HUNGARY, AUSTRIA, BIT, PARIS, SITA, LATIN AMERICA, VIETNAM, PHILIPPINES, FREMONT, CA, US, CROSSTOWN, CALIFORNIA, WASHINGTON
FREMONT, Calif., May 06, 2024 (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 fulfilled a new order for the City of Bakersfield, California to bring instant, fiber-grade network connectivity to the city’s traffic intersections. This order is part of a city-wide traffic management system modernization project where the Actelis solution enables connectivity from the city’s traffic operations center out to newly installed traffic controllers at each intersection.
Key Points:
- Bakersfield is a major city in California with a population of over 400,000.
- As a significant economic and cultural hub, managing traffic flow and improving traffic safety are both of major importance.
- Actelis’ patented hybrid-fiber technology was chosen to give the city the fiber-grade performance it needs to achieve its objectives.
- In the future, should the city replace its copper wiring, the Actelis devices can easily be adapted to enable connectivity over fiber.
Copper,
ITS,
Internet of things,
ATMS,
CCTV,
Safety,
Travel,
Closed circuit,
Transport,
Information technology,
Intelligent transportation system,
ASNS,
DDOT,
Bit,
Temperature,
Advanced Traffic Management System,
Road FREMONT, Calif., May 02, 2024 (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 approximately $2.3 million order to supply Washington D.C.’s Department of Transportation (DDOT) with a new hybrid-fiber intelligent networking solution for the city’s transportation network.
Key Points:
- FREMONT, Calif., May 02, 2024 (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 approximately $2.3 million order to supply Washington D.C.’s Department of Transportation (DDOT) with a new hybrid-fiber intelligent networking solution for the city’s transportation network.
- DDOT currently utilizes a mix of fiber optic and copper cables to communicate with all Intelligent Transportation System (ITS) assets city-wide including traffic signals, Closed Circuit cameras (CCTV), roadway weather systems, and data collection sites.
- The Actelis IoT solution components will communicate with DDOT’s various central systems at the agency’s transportation management centers, the city’s Advanced Traffic Management System (ATMS), and critical homeland security support systems.
- Because of the importance of the systems involved, it is vital that the connectivity solution is fast, reliable, and secure.
Ltd. (Khushi), a trusted technology solution provider for communication networks headquartered in New Delhi, India.
Key Points:
- Ltd. (Khushi), a trusted technology solution provider for communication networks headquartered in New Delhi, India.
- Going forward, Khushi will have the advantage of utilizing Actelis’ hybrid-fiber networking solutions to help its customers expand their IoT networks faster and more cost-effectively.
- “Khushi is an ideal partner for Actelis in a region that we’ve identified as very important to our success,” said Tuvia Barlev, Chairman & CEO of Actelis.
- “The Actelis solution is very unique and solves so many network challenges,” said Prem Sethi, Managing Director at Khushi Communications.
UL,
Research,
ASNS,
Department of Defence,
Certification,
Temperature,
Development,
Interoperability,
Partnership,
Operating cost,
City,
IPO,
Bret Harrison,
Senior,
Marketing,
NIST,
Investment,
FIPS,
Public sector,
Airport,
MDU,
Cryptocurrency FREMONT, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, hybrid-fiber rapid deployment networking solutions for wide area IoT applications, today reported financial results for the fiscal full year 2023 ended December 31, 2023.
Key Points:
- FREMONT, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, hybrid-fiber rapid deployment networking solutions for wide area IoT applications, today reported financial results for the fiscal full year 2023 ended December 31, 2023.
- Direct margin increase: Gross Margin was 34% for the full year 2023, compared to 47% in the prior year.
- Substantial improvement in operating expenses: Operating expenses declined by 9% to $9.3 million for the full year 2023.
- Fiscal Full Year 2023 Financial Highlights:
Revenues for the year ended December 31, 2023 amounted to $5.6 million, compared to $8.8 million for the year ended December 31, 2022.
Through the agreement, Actelis’ cyber and weather hardened hybrid-fiber networking solutions will be promoted and available to thousands of Netceed customers in North America.
Key Points:
- Through the agreement, Actelis’ cyber and weather hardened hybrid-fiber networking solutions will be promoted and available to thousands of Netceed customers in North America.
- Actelis’ robust product portfolio consists of high-density fiber-optic Gigabit switches for portions of the network where fiber has already been deployed.
- “We are very impressed by how simple Netceed makes it for customers to quickly procure the solutions they need,” said Tuvia Barlev, Chairman & CEO of Actelis.
- “They have made a commitment to stocking Actelis products to ensure projects can get done as quickly as possible.”
Retrieved on:
Thursday, February 29, 2024
Engineering,
WolfSSL,
Sony,
Intel,
Internet of things,
Dell,
Samsung,
Bit,
City,
ASNS,
Certification,
NIST,
Organization,
FIPS,
Cryptocurrency Additionally, NIST standards are utilized by non-government organizations looking to establish strong information security programs.
Key Points:
- Additionally, NIST standards are utilized by non-government organizations looking to establish strong information security programs.
- This important achievement follows Actelis’ announcement in September 2023 that it achieved third party validation for FIPS which was a necessary first step towards certification.
- To achieve certified status, Actelis underwent a rigorous approval process, collaborating closely with its partner, WolfSSL , a leader in embedded software security.
- “NIST standards are recognized and followed globally for public agencies and private organizations,” said Tuvia Barlev, Chairman & CEO of Actelis.
Retrieved on:
Wednesday, February 7, 2024
FREMONT, Calif., Feb. 07, 2024 (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 the closing of a new credit line facility.
Key Points:
- FREMONT, Calif., Feb. 07, 2024 (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 the closing of a new credit line facility.
- The accounts receivable credit line from an Israeli bank of up to $1.5 million increases the Company’s operating cash while not increasing the Company’s total debt, as the Company will perform an early repayment of its existing debt using its restricted cash in a similar amount.
- The new credit line will be secured by customer invoices and will incur interest at a Federal SOFR rate plus 5.5% and is available until the end of 2024, with possible extension.
- At the same time, Actelis plans to perform a partial early repayment of its existing debt facility at an amount equal to the amount of funding from the new credit line, therefore leaving the total debt amount at a similar level.
Retrieved on:
Thursday, February 1, 2024
Copper,
Advanced Traffic Management System,
Internet of things,
Pedestrian,
City,
Safety,
Collection,
ATMS,
Municipal council,
ASNS,
LRSP,
Road Actelis’ local partner, Econolite , ordered and installed the solution, completing an Advanced Traffic Management System (ATMS) upgrade project at some of the busiest intersections in the city.
Key Points:
- Actelis’ local partner, Econolite , ordered and installed the solution, completing an Advanced Traffic Management System (ATMS) upgrade project at some of the busiest intersections in the city.
- Like many popular destinations where there is a strong combination of drivers, bikers, and pedestrians, Napa is very concerned with traffic safety.
- In order to reduce the number of collisions, traffic signal patterns can be modified, and Actelis’ system enables the city to make remote signal timing changes as needed.
- The City of Napa and Econolite chose Actelis for this important project for two main reasons – networking flexibility and security.
Retrieved on:
Tuesday, January 16, 2024
Voice over IP,
IP,
Computer security,
APL,
Government,
Joint,
Federation,
Risk management,
HVAC,
ASNS,
Defense,
Interoperability,
DISA,
Internet of things,
JITC,
Human voice,
Certification,
Cryptocurrency 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.”
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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.
