In The News

Actelis Receives Order For City of Napa Intelligent Traffic Management System

FREMONT, Calif., February 1, 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 its hybrid-fiber connectivity solution has been recently deployed at traffic intersections throughout the City of Napa, California. 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. The City of Napa is the cultural center of California wine country, and its vibrant downtown is home to many local restaurants, wine tasting rooms, boutiques, and public art installments. Like many popular destinations where there is

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

FREMONT, Calif., January 16, 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 its cyber-hardened, hybrid-fiber networking solutions have been placed on the Department of Defense Information Network (DoDIN) Approved Products List (APL) following certification from the Joint Interoperability Test Command (JITC). The Actelis solution is the only technology of its kind found on the APL, giving the military a cost-effective way to rapidly implement and connect IoT devices and applications at fiber-grade, utilizing any existing wires, fiber or coax, in just hours compared to weeks or months. The placement of Actelis on the

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

FREMONT, Calif., December 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

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

FREMONT, Calif., December 20, 2023 — 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 its previously announced private placement, priced at-the-market under Nasdaq rules, of 1,271,187 shares of its common stock (or common stock equivalents) and warrants to purchase up to 1,271,187 shares of its common stock at a purchase price of $1.18 per share of common stock (or common stock equivalent) and associated warrant. The warrants have an exercise price of $1.18 per share, will be exercisable commencing on the effective date of shareholder approval of the issuance of the shares issuable

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

FREMONT, Calif., December 18, 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 entered into definitive agreements for the purchase and sale of 1,271,187 shares of its common stock (or common stock equivalents) and warrants to purchase up to 1,271,187 shares of its common stock at a purchase price of $1.18 per share of common stock (or common stock equivalent) and associated warrant in a private placement priced at-the-market under Nasdaq rules. The warrants have an exercise price of $1.18 per share, will be exercisable commencing on the effective date

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

FREMONT, Calif., December 14, 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 the official launch of the cyber and temperature hardened GigaLine 800 Hybrid-Fiber, last mile broadband networking solution. This new solution is designed to help network operators solve the challenge of deploying multi-Gigabit connectivity over thousands of feet in a secure, instantaneous, and economical manner by extending fiber connectivity utilizing existing copper and coax wiring. 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. Additionally, with

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

FREMONT, Calif., December 6, 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 and has delivered a new order for multi-gigabit hybrid fiber-copper networking devices to help support the City of Everett’s growing intelligent traffic management network. 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

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