FREMONT, Calif., Aug. 29, 2022 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”) a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, announced today that it has received $312,000 to-date in orders following its previously announced multi-year contract signed with a global leader in airport operations management systems. The contract aims to rapidly and cost effectively modernize and digitize networks in hundreds of airports across 39 countries, as mentioned in the recent earnings press releases. New orders are expected as deployment progresses into more installations and into more airports worldwide.
Actelis announced receipt of new orders from airports in seven countries across three continents including the US, Japan, UK and others. The contract enables rapid deployment of fiber-grade networks extending fiber communication over existing copper infrastructures. This will connect remote airport areas, support freight monitoring and modernize airport operation, providing secure, highly reliable communications with built-in redundancy to ensure always-on connectivity for mission critical IoT installations. Modernization of the networks will provide better real-time monitoring as well as high visibility into airport operation systems, while enabling IoT data sharing across departments. For airport operations, this means improved safety and efficiency gains at scale, which are especially important as air traffic and supply chains face challenges globally.
Actelis Provides High Speed, Fiber-Grade Redundancy and Innate Network Security for the Most Sensitive Installations over Hybrid Fiber-Copper Networks
Actelis software and IoT networking building blocks seamlessly integrate fiber and existing copper infrastructures into one high-speed, cyber-hardened, digital ecosystem. This enables instant, highly cost effective, full coverage even to hard-to-reach areas of an airport. Actelis’ patented signal processing software and hardware boost the rate, reach and reliability of existing copper while providing innate network security. In addition to seamless integration with airport network authentication servers, implementation of data fragmentation and scrambling algorithms along multiple transmission paths, make Actelis solutions highly protected even for the most sensitive installations.
Actelis’ CEO Tuvia Barlev indicated “as a frequent traveler, I’m extremely happy we can help our customer scale airport IoT networks and digitize airport operations worldwide. Secure, highly resilient IoT networks are essential building blocks as the industry prepares for a wave of new applications designed to streamline operations, while transforming the passenger experience. It is important that such networks are deployed rapidly and cost effectively, and we are glad to help our customer achieve these goals.”
About Actelis Networks, Inc.
Actelis Networks (NASDAQ: ASNS) is a market leader in cyber-hardened, rapid-deployment networking solutions for wide-area IoT applications including federal, state and local government, ITS, military, utility, rail, telecom and campus applications. Actelis’ unique portfolio of hybrid fiber-copper, environmentally hardened aggregation switches, high density Ethernet devices, advanced management software and cyber-protection capabilities, unlocks the hidden value of essential networks, delivering safer connectivity for rapid, cost-effective deployment. For more information, please visit www.actelis.com.
Investor Relations Contact:
Matt Glover and Ralf Esper
Gateway Investor Relations
+1 949-574-3860
ASNS@gatewayir.com
Source: Actelis Networks, Inc.