The City of San Jose Chooses Actelis’ Solutions and Management Software to Advance Intelligent Transportation throughout Silicon Valley’s Tech Capital
FREMONT, Calif., Sept. 12, 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, was chosen by the city of San Jose to modernize and extend a state-of-the-art Intelligent Transportation System (ITS). The total budget is estimated at $3 million for a multi-year program, as previously announced in the Company’s second quarter earnings press release dated August 11, 2022. With autonomous vehicles roaming the streets, machine-vision enabled traffic lights, smart parking management, and other technologies poised to ascend an exponential growth curve, city planners and ITS managers are designing for a landscape that’s rapidly modernizing. Infrastructure technology