In The News

Actelis Networks Signs Binding Term Sheet to Acquire Quality Industrial Corporation and Expand Operations in Critical Energy Industry

FREMONT, Calif., May 23, 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 the signing of a binding term sheet to acquire between 61% to 75% of the issued and outstanding shares of Quality Industrial Corporation, a Nevada corporation (“QIND”) (OTC: QIND), subject to customary terms for closing. QIND, whose operations are based out of Dubai, United Arab Emirates (“UAE”), designs, manufactures and supplies solutions for the critical infrastructure industrial and energy sectors. Its operating business reported $11 million in revenue and $1.8 million in net income in 2023 and is projecting substantial growth

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Actelis Receives Order and Delivers Instant, Secure Fiber-Grade Networking to Modernize City of Bakersfield, California

FREMONT, Calif., May 6, 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 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. 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

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Actelis Receives $2.3 Million Order for Immediate Delivery of New Hybrid-Fiber Intelligent Networking Solution For Washington D.C.’s Department of Transportation

FREMONT, Calif., May 2, 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 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. This order will be supplied immediately, during the coming 2-3 months and will help DDOT modernize and standardize network connectivity infrastructure along its roadways and at its intersections with the deployment of over 1,600 Actelis hybrid-fiber network switching and aggregation devices. DDOT currently utilizes a mix of fiber optic and copper cables to

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Actelis Networks and Khushi Communications Partner to Enable Expansion of IoT Networks Throughout India

FREMONT, Calif., April 4, 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 entered into a partnership agreement with Khushi Communications Pvt. Ltd. (Khushi), a trusted technology solution provider for communication networks headquartered in New Delhi, India. The agreement gives Actelis a much stronger presence in a strategically important region where it can go to market in partnership with a highly trusted company in the IoT networking space. By partnering together, Actelis and Khushi will help government agencies and private organizations in Asia rapidly deploy connectivity solutions to support access control and

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Actelis Networks and Netceed Sign Partnership Agreement to Extend Actelis’ Hybrid-Fiber Networking Solutions to Netceed’s North American Customer Base

FREMONT, Calif., March 12, 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 signed a partnership agreement with Netceed, a leading value-added distributor for the telecom, traffic, and digital infrastructure industries. 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. This new partnership will greatly expand Netceed’s connectivity offering to the intelligent transportation industry, where it currently supplies a wide range of products including traffic signal hardware, enclosures, and cabling products. Now Netceed customers can accelerate their

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Actelis Achieves National Institute of Standards and Technology (NIST) Certification for Data Cyber Security

FREMONT, Calif., February 29, 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 achieved U.S. Department of Commerce National Institute of Standards and Technology (NIST) certification for FIPS 140-2 cryptographic standard. NIST’s FIPS is a standard for the protection of sensitive or valuable data within Federal government systems and is mandatory for federal agencies, contractors, and vendors. 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

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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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