Actelis Receives New Order for Intelligent Traffic System (ITS) Networking in New York City Metro Area
FREMONT, Calif., August 27, 2024 — 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 for a densely populated municipality located in the New York City metropolitan area. As part of the order, Actelis will provide a hybrid-fiber networking solution that will enable fiber-grade connectivity overnight for the municipality’s traffic management system, through Netceed, Actelis’ partner. Actelis’ solution will enable secure and fiber-grade ITS connectivity to be installed overnight and at a fraction of the cost for a densely populated municipality in the New York metropolitan area “In the intelligent