In The News

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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Actelis Receives Order From Major German Energy Provider For Encrypted, Cyber-Hardened, Hybrid-Fiber Networking

FREMONT, Calif., November 29, 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 a new order to supply a major German provider with its new Encrypted, cyber-hardened, hybrid-fiber networking technology. Actelis continues to expand its solution within the energy sector where data security is critical. Actelis’ customer supplies gas and electricity for over two million people throughout hundreds of cities in Germany. Systems such as this one generate large amounts of data that need to be transported from many field locations to a central office for monitoring and analysis. In many

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Actelis Delivers Hybrid-Fiber Networking Solutions to US Naval Base In Asia-Pacific

FREMONT, Calif., November 20, 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 delivered its cyber-hardened, hybrid-fiber networking devices to a US Naval customer based in the Asia-Pacific region. This is to help the customer modernize its on-base operations, demonstrating the trust the Navy has in the Actelis solutions. The naval base selected the Actelis solution for two main purposes. The first was to replace low speed, secure legacy 3rd party networking equipment with robust, secure, software managed, weather hardened network switches; the second purpose was to expand its network rapidly by

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