Actelis Networks Overview
Actelis Networks provides cyber-hardened and rapid deployment networking solutions for IoT applications. The company offers hybrid fiber–copper, environmentally hardened aggregation switches, high-density Ethernet devices, advanced management software, and cyber protection capabilities. The company's global market presence includes many telecom mobile and fixed network operators, including PTTs/RBOCs, ILECs/IOCs, and CLECs, plus operators of government, industrial, utility, and railway networks. Actelis provides G.SHDSL and VDSL2-based Ethernet first mile (EFM) bonded copper products and solutions, and broadband amplifiers for VDSL2 and ADSLx. The Actelis EFM bonded copper solutions leverage the EFMplus suite of transmission technologies, which optimizes transport of up to hundreds of Mbps of reliable, standards-based Ethernet to small and medium-sized businesses located off the fiber footprint and provides backhaul for WiFi hotspots, 3G/4G small cells, and remote DSLAMs. Actelis EFM solutions are also used to provide Ethernet services and broadband access in municipal networks and schools, and for backhauling traffic from sensors and HD surveillance cameras used in intelligent traffic systems, utilities, and public safety and industrial applications.
Cumulative Funding Raised Over Time ($)
$15.0MApr 2008
$19.5MApr 2011
$21.0MDec 2023
$43.0MJan 2007
$62.0MJul 2001
$85.0MJul 2005
$86.0MJul 2025
$112.0MMay 2001
$115.5MMay 2023
$125.5MSep 2009
Latest News
growth-positive
Actelis Receives Notice from Nasdaq Confirming Compliance with Stockholders Equity Requirement
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, announced that it has regained compliance with Nasdaqs stockholders equity requirement. The company received an extension to meet the $1.00 bid price requirement by December 5, 2025. A special shareholder meeting is scheduled for November 7, 2025, to approve a reverse stock split aimed at maintaining compliance. Actelis is confident in its ability to sustain compliance, driven by momentum in sectors like government and defense. The company will be under a Panel Monitor until October 28, 2026, to ensure continued compliance. Actelis also provides AI-based cyber monitoring for network security.
Public Trading
growth-positive
Itron (ITRI) Q3 Earnings and Revenues Surpass Estimates
Itron reported quarterly earnings of $1.54 per share, surpassing the Zacks Consensus Estimate of $1.48 per share, marking an earnings surprise of +4.05%. The company also posted revenues of $581.63 million, exceeding the consensus estimate by 0.90%. Despite a decrease in revenue compared to the previous year, Itron has consistently surpassed earnings and revenue estimates over the last four quarters. The stock has gained 27.3% since the beginning of the year, outperforming the S&P 500s gain of 17.2%. The companys earnings outlook remains positive, with a Zacks Rank #2 (Buy), suggesting continued market outperformance.
growth-positive
Actelis Networks Receives Order from Oklahoma Telecommunications Carrier to Enhance Rural Broadband Connectivity in Osage County and Ozarks Region
Actelis Networks, Inc., a leader in hybrid fiber-copper networking solutions, has announced a new order from a telecommunications carrier in Oklahoma to enhance broadband connectivity in rural areas. This deployment uses Actelis amplification technology to improve broadband service in underserved communities by leveraging existing infrastructure. This approach aligns with the federal BEAD Programs goals to expand broadband access efficiently. Actelis technology offers a cost-effective solution to deliver fiber-grade performance, making it a strategic choice for areas where traditional fiber deployment is challenging. The deployment is expected to provide immediate benefits and position the company for future infrastructure opportunities.
Customers
growth-positive
BC-Most Active Stocks
The article lists the most active stocks on the Nasdaq, NYSE, and NYSE American exchanges, highlighting the trading volumes, high and low prices, and the last price change for each stock. Plug Power Inc. is among the most active stocks, showing a positive change in its stock price, indicating growth. The article primarily focuses on stock performance and market activity, providing a snapshot of the current trading environment. No specific partnerships, acquisitions, or investments are mentioned, and the article does not discuss any technological developments or FDA approvals.
growth-positive
Actelis Networks Receives Significant Order for Major Southern European Carrier
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, announced a significant order valued at approximately $0.3 million for software and services from a major telecommunications carrier in Southern Europe. This order focuses on cybersecurity enhancements through the MetaAssist EMS software upgrade, embedded software security features, and comprehensive support services. The order is part of a larger installation that supports business, government, and mobile backhaul applications. Actelis solutions are crucial for meeting evolving cybersecurity standards within global telecommunications groups, ensuring secure and compliant operations.
| Sector | Business Software |
Funding
| Total funding | $142.4M |
| Last funding | $1M |
| Stage | Public |
| Rounds | 11 |
| Investors | 22 |
Team Members
5
Employees: 51-200
Web & Social Links
| Website | actelis.com |
| Careers | Careers page |
Locations
Basel Street 25, Petah Tikva, Israel
47800 Westinghouse Drive Fremont, CA 94539
Photos & Videos
3 item(s)
Actelis Networks Business
Business models
B2B, B2G
Product stage
Released
Employees
51-200
Sector
Business SoftwareIT, R&D & Data SolutionsIT & Network ManagementTarget Customer
Energy, Utilities & Waste ManagementUtilitiesEnterprise & Professional ServicesEnterprisesSMBs & SMEsGovernment & CityMunicipalitiesTransportation & LogisticsTransportation InfrastructureRoad & RailCore Technology
CommunicationsTags (11)
cellular-backhaulbroadbandip-backhaul-networkstelecommunicationmobile-networksgovernmententerprisesnetwork-optimizationsmbsurveillancesmart-cityGeographic Markets
EuropeNorth AmericaUnited KingdomUnited StatesAsiaAfricaFranceItalyNetherlandsOceaniaDenmarkBelgiumActelis Networks Financials
$142.4M
Total funding
Undisclosed
Capital raised
$1M
Last funding
Public
Funding stage
11
Total rounds
22
Investors
Cumulative Funding Raised Over Time ($)
$15.0MApr 2008
$19.5MApr 2011
$21.0MDec 2023
$43.0MJan 2007
$62.0MJul 2001
$85.0MJul 2005
$86.0MJul 2025
$112.0MMay 2001
$115.5MMay 2023
$125.5MSep 2009
Private Equity Funding
PIPE
Jul 2025
$1M
PIPE
Dec 2023
$1.5M
Undisclosed Investor(s)
PIPE
May 2023
$3.5M
Undisclosed Investor(s)
Undisclosed Round
Apr 2011
$4.5M
Undisclosed Investor(s)
G Round
Sep 2009
$10M
ATA Ventures, DuPont Capital Management, Argonaut Ventures, Saints Capital, Adams Street Partners, Smac Partners, T-Venture, Global Catalyst Partners, Carlyle Group, Walden International
F Round
Apr 2008
$15M
Carlyle Group, ATA Ventures, Global Catalyst Partners, DuPont Capital Management
E Round
Jan 2007
$22M
Global Catalyst Partners, Carlyle Group, Walden International, Adams Street Partners, Undisclosed Investor(s), Innovacom, New Enterprise Associates
D Round
Jul 2005
$23M
DuPont Capital Management, Vertex Ventures Israel, Carlyle Group, New Enterprise Associates, Walden Israel VC, Innovacom, ATA Ventures
C Round
Jul 2001
$19M
Innovacom, Anschutz Investment Co, SSB Capital Partners , Vertex Ventures US, Draper Fisher Jurvetson (DFJ)
C Round
May 2001
$26M
Walden Israel Venture Capital, U.S. Venture Partners, Vertex Ventures Israel, The Carlyle Group, New Enterprise Associates
Public Offering / Exit
POEvent
May 2022
Undisclosed
Mergers & Acquisitions
MNAEvent
Apr 2011
Undisclosed
Actelis Networks Lifecycle
Cumulative Funding Raised Over Time
$15.0MApr 2008
$19.5MApr 2011
$21.0MDec 2023
$43.0MJan 2007
$62.0MJul 2001
$85.0MJul 2005
$86.0MJul 2025
$112.0MMay 2001
$115.5MMay 2023
$125.5MSep 2009
All Events
PIPE
Jul 2025
$1M
PIPE
Dec 2023
$1.5M
Undisclosed Investor(s)
PIPE
May 2023
$3.5M
Undisclosed Investor(s)
Undisclosed Round
Apr 2011
$4.5M
Undisclosed Investor(s)
G Round
Sep 2009
$10M
ATA Ventures, DuPont Capital Management, Argonaut Ventures, Saints Capital, Adams Street Partners, Smac Partners, T-Venture, Global Catalyst Partners, Carlyle Group, Walden International
F Round
Apr 2008
$15M
Carlyle Group, ATA Ventures, Global Catalyst Partners, DuPont Capital Management
E Round
Jan 2007
$22M
Global Catalyst Partners, Carlyle Group, Walden International, Adams Street Partners, Undisclosed Investor(s), Innovacom, New Enterprise Associates
D Round
Jul 2005
$23M
DuPont Capital Management, Vertex Ventures Israel, Carlyle Group, New Enterprise Associates, Walden Israel VC, Innovacom, ATA Ventures
C Round
Jul 2001
$19M
Innovacom, Anschutz Investment Co, SSB Capital Partners , Vertex Ventures US, Draper Fisher Jurvetson (DFJ)
C Round
May 2001
$26M
Walden Israel Venture Capital, U.S. Venture Partners, Vertex Ventures Israel, The Carlyle Group, New Enterprise Associates
POEvent
May 2022
Undisclosed
MNAEvent
Apr 2011
Undisclosed
Actelis Networks News
157 articles
growth-positive
Actelis Receives Notice from Nasdaq Confirming Compliance with Stockholders Equity Requirement
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, announced that it has regained compliance with Nasdaqs stockholders equity requirement. The company received an extension to meet the $1.00 bid price requirement by December 5, 2025. A special shareholder meeting is scheduled for November 7, 2025, to approve a reverse stock split aimed at maintaining compliance. Actelis is confident in its ability to sustain compliance, driven by momentum in sectors like government and defense. The company will be under a Panel Monitor until October 28, 2026, to ensure continued compliance. Actelis also provides AI-based cyber monitoring for network security.
Public Trading
growth-positive
Itron (ITRI) Q3 Earnings and Revenues Surpass Estimates
Itron reported quarterly earnings of $1.54 per share, surpassing the Zacks Consensus Estimate of $1.48 per share, marking an earnings surprise of +4.05%. The company also posted revenues of $581.63 million, exceeding the consensus estimate by 0.90%. Despite a decrease in revenue compared to the previous year, Itron has consistently surpassed earnings and revenue estimates over the last four quarters. The stock has gained 27.3% since the beginning of the year, outperforming the S&P 500s gain of 17.2%. The companys earnings outlook remains positive, with a Zacks Rank #2 (Buy), suggesting continued market outperformance.
growth-positive
Actelis Networks Receives Order from Oklahoma Telecommunications Carrier to Enhance Rural Broadband Connectivity in Osage County and Ozarks Region
Actelis Networks, Inc., a leader in hybrid fiber-copper networking solutions, has announced a new order from a telecommunications carrier in Oklahoma to enhance broadband connectivity in rural areas. This deployment uses Actelis amplification technology to improve broadband service in underserved communities by leveraging existing infrastructure. This approach aligns with the federal BEAD Programs goals to expand broadband access efficiently. Actelis technology offers a cost-effective solution to deliver fiber-grade performance, making it a strategic choice for areas where traditional fiber deployment is challenging. The deployment is expected to provide immediate benefits and position the company for future infrastructure opportunities.
Customers
growth-positive
BC-Most Active Stocks
The article lists the most active stocks on the Nasdaq, NYSE, and NYSE American exchanges, highlighting the trading volumes, high and low prices, and the last price change for each stock. Plug Power Inc. is among the most active stocks, showing a positive change in its stock price, indicating growth. The article primarily focuses on stock performance and market activity, providing a snapshot of the current trading environment. No specific partnerships, acquisitions, or investments are mentioned, and the article does not discuss any technological developments or FDA approvals.
growth-positive
Actelis Networks Receives Significant Order for Major Southern European Carrier
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, announced a significant order valued at approximately $0.3 million for software and services from a major telecommunications carrier in Southern Europe. This order focuses on cybersecurity enhancements through the MetaAssist EMS software upgrade, embedded software security features, and comprehensive support services. The order is part of a larger installation that supports business, government, and mobile backhaul applications. Actelis solutions are crucial for meeting evolving cybersecurity standards within global telecommunications groups, ensuring secure and compliant operations.
growth-positive
Actelis Networks Secures Strategic Order from Major City In Germany for Advanced Urban Infrastructure Networking
Actelis Networks, Inc. has secured a $100,000 order from a major city in Germany to enhance its urban infrastructure networking capabilities. The project involves deploying Layer 2 encryption technology to connect hundreds of municipal sites with zero touch provisioning. This initiative is part of Actelis broader strategy to expand its presence in the European smart city market, following successful deployments in Germany, Italy, and the Nordic region. The companys hybrid fiber-copper solutions offer secure, rapid connectivity, reducing deployment time and costs. This order highlights the growing demand for secure, cost-effective networking solutions in European cities.
CustomersPartners
growth-positive
Actelis Networks Secures New Order from Leading Texas Telecommunications Carrier for Rural Broadband Expansion in Hill Country
Actelis Networks, Inc. has received a new order from a telecommunications carrier in the Hill Country region near San Antonio, Texas, to deploy its advanced fiber networking equipment. This order signifies Actelis expansion in the rural broadband market, providing high-speed connectivity to underserved communities. The deployment will support fixed wireless radio units, enabling carriers to deliver gigabit-capable services efficiently. This initiative addresses the growing demand for reliable broadband services in rural areas, driven by remote work, distance learning, and telehealth. Actelis technology plays a crucial role in bridging the digital divide, supporting economic growth and development in the region.
Customers
growth-positive
Actelis Networks Announces Launch of GigaLine 9000 Solution for Large-Scale Building Connectivity Applications
Actelis Networks, Inc. has launched its new GigaLine 9000 (GL9000) solution, designed to provide gigabit connectivity for large-scale building applications using existing copper and coax infrastructure. This innovative product aims to address the connectivity needs of large buildings, such as apartments, office suites, and hotels, without the high costs associated with traditional fiber installations. The GL9000 is positioned to capitalize on the growing in-building wireless market, projected to reach $46 billion by 2030. Additionally, the solution aligns with the U.S. Federal BEAD Programs goals by optimizing existing infrastructure to connect underserved communities more efficiently.
Product Stage
growth-positive
Actelis Networks to Present at the Upcoming 27th Annual H.C. Wainwright Global Investment Conference
Actelis Networks, Inc., a leader in cyber-hardened networking solutions for IoT and broadband applications, announced its participation in the 27th Annual H.C. Wainwright Global Investment Conference. The event will take place from September 8-10, 2025, in New York City. Actelis will present its innovative hybrid fiber networking solutions and AI-based cyber monitoring initiative. The companys Deputy CEO and CFO, Yoav Efron, will be available for one-on-one meetings with investors. This participation is expected to enhance Actelis visibility among potential investors and partners, showcasing its advanced solutions in various sectors including government, military, and telecom.
growth-positive
Actelis Networks Receives Strategic Order from the FAA for Critical Air Traffic Control Infrastructure Modernization
Actelis Networks, Inc. has secured a $0.5 million order from the Federal Aviation Administration (FAA) as part of a larger $12.5 billion air traffic control modernization initiative approved by Congress. The order involves the deployment of Actelis MacSec-Encrypted networking solution to enhance the FAAs infrastructure with secure, fiber-grade communication capabilities. This strategic win underscores Actelis critical role in modernizing U.S. aviation infrastructure, leveraging its unique technology to provide cost-effective solutions without the need for extensive new fiber installations. The partnership with IP Integration facilitated this order, highlighting Actelis established relationship with the FAA since 2020.
CustomersPartners
growth-positive
Actelis Networks Announces Warrant Exercise for $1.6 Million in Gross Proceeds
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, announced a definitive agreement for the exercise of outstanding warrants to purchase 4,270,197 shares of its common stock at a reduced price of $0.37 per share. The transaction is expected to close around September 3, 2025, with gross proceeds of approximately $1.6 million. The company plans to use the net proceeds for working capital and general corporate purposes. Additionally, Actelis will issue new unregistered warrants for 6,405,296 shares at the same exercise price, subject to stockholder approval. Rodman & Renshaw LLC and H.C. Wainwright & Co. are acting as financial advisors for this transaction.
PIPE
growth-positive
BC-Most Active Stocks
The article provides a list of the most active stocks on the Nasdaq and NYSE, highlighting their trading volumes, high and low prices, and last trading price changes. Opendoor Technologies Inc. is among the most active stocks on Nasdaq, showing a positive change in its last trading price. The article does not delve into specific company developments or strategic moves but focuses on stock performance metrics. This indicates a growth-positive impact for Opendoor Technologies Inc., as its stock price increased. The article does not mention any new partnerships, acquisitions, or investments related to the company.
growth-positive
Actelis Networks Announces Operational Reorganization To Enhance Customer Value and Optimize Cost Structure
Actelis Networks, Inc. announced a strategic operational restructuring aimed at increasing efficiency and customer value while reducing expenses by 20% by the end of 2025. The company plans to leverage AI, outsourcing, and offshoring to streamline operations and enhance sales in high-growth verticals and regions. The restructuring will involve optimizing organizational structures, minimizing spending on facilities and G&A, and integrating new hires in key positions. Actelis aims to maintain its market presence while expanding offshore partnerships and optimizing its real estate footprint. The initiative is expected to enhance delivery and growth while maintaining operational capabilities.
LayoffsExpandPartners
growth-negative
Actelis Networks Second Quarter 2025 Earnings: Misses Expectations
Actelis Networks reported a significant decline in revenue and a widened net loss for the period, with revenue down 73% from the previous quarter and a net loss of $1.90 million. The companys earnings per share also deteriorated, missing analyst estimates. Despite these setbacks, revenue is forecast to grow significantly over the next two years, outpacing the average growth forecast for the US Communications industry. However, the companys shares have fallen by 23% over the past week, and there are warning signs that investors should be aware of.
growth-negative
Actelis Networks, Inc. (ASNS) Reports Q2 Loss, Lags Revenue Estimates
Actelis Networks, Inc. reported a quarterly loss of $0.21 per share, missing the Zacks Consensus Estimate of a $0.16 loss. This represents an earnings surprise of -31.25%. The companys revenues for the quarter were $0.94 million, also missing the consensus estimate by 5.9%. Compared to the previous year, revenues have significantly decreased from $3.43 million. Actelis Networks has not surpassed consensus revenue estimates in the last four quarters. The companys shares have declined by about 53.1% since the beginning of the year, underperforming the S&P 500s gain of 10%. The stocks future performance will depend on managements commentary and earnings outlook.
growth-positive
Actelis Networks Reports Second Quarter 2025 Financial Results and Operational Update
Actelis Networks, Inc. reported a 31% sequential revenue growth in Q2 2025, driven by efforts in Federal and Military verticals and expanded MDU market penetration. The company secured its first major US telecommunications carrier customer for MDU solutions and strengthened its sales leadership with new hires. Actelis is restructuring to focus on high-growth markets and geographies, aiming for profitable growth and efficiency through AI-enabled automation. Despite a decline in first-half revenue compared to the previous year due to non-repeatable software renewals, the company raised $1.35 million in Q2 2025, enhancing its liquidity position. The net loss per share decreased, indicating progress towards profitability.
CustomersInvestmentManagement ChangesExpand
growth-positive
Actelis Networks Appoints Federal Industry Veteran Mark DeVol as Chief Revenue Officer Americas
Actelis Networks, Inc. has appointed Mark DeVol as Chief Revenue Officer Americas, effective August 27th, 2025. DeVol, with over 30 years of experience in defense, government, and telecommunications sectors, will focus on accelerating Actelis commercialization efforts in the US market, particularly in Federal/Military, Smart City/Intelligent Transportation Systems, and Multi-Dwelling Units. His expertise in deploying secure networking solutions aligns with Actelis strategic priorities and growth strategy for 2025. The company is also leveraging its MetaShield AI-powered cybersecurity and expanding global partner network to capture significant market share in the Americas.
Management Changes
growth-positive
Actelis Networks Announces Approval of Cryptocurrency Treasury Strategy to Diversify Balance Sheet and Create Long-Term Shareholder Value
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, announced a strategic treasury management initiative to allocate funds to cryptocurrencies. This move aims to diversify the companys financial assets and enhance long-term shareholder value. The strategy involves investing in top-ranked cryptocurrencies by market capitalization, providing financial flexibility and potential capital appreciation. Actelis continues to focus on its core business in networking solutions for various sectors, including government and military, while integrating AI-based cybersecurity measures. The company emphasizes maintaining adequate working capital for operational needs and growth initiatives.
growth-positive
Actelis Networks Expands Its UK Presence With a Major Tier 2 Carrier Win for Enterprise Connectivity Solutions
Actelis Networks, Inc. has secured a new order from a leading tier 2 telecommunications carrier in the UK to deploy its hybrid-fiber networking solutions for enterprise connectivity. This strategic win highlights Actelis expansion in the UK telecommunications market, offering carriers the ability to deliver fiber-grade connectivity over existing infrastructure, reducing costs and deployment times. The order builds on Actelis established presence in the UK, where it has successfully deployed solutions for critical infrastructure applications. The UK market presents significant growth opportunities for Actelis as telecommunications providers seek innovative solutions for enterprise connectivity.
Customers
growth-positive
Actelis Networks Books Mobile Infrastructure Connectivity Order from a Multi-National European Group Member for GigaLine Backhaul Technology
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, announced a new order from a member of a large Pan European Telecom Group for its GigaLine technology. This technology enables gigabit connectivity for mobile base stations over existing infrastructure, eliminating the need for costly fiber deployments. The order addresses critical mobile infrastructure connectivity challenges and lays the groundwork for potential large-scale network modernization across the carriers European territories. Actelis GigaLine solution provides reliable gigabit-grade connectivity to remote mobile base stations, supporting the expansion of 5G coverage in underserved areas. The companys hybrid fiber-copper technology offers fiber-grade performance, enhancing network security and resilience through AI-based cyber monitoring.
Customers
growth-positive
Actelis Networks Completes $1 Million Private Placement
Actelis Networks, Inc. (NASDAQ:ASNS), a company specializing in cyber-hardened hybrid fiber networking solutions, announced the completion of a private placement securing nearly $1 million in gross proceeds. The offering included common stock shares and warrants, with the potential to raise an additional $3 million if all warrants are exercised. The funds will be used for general corporate purposes. This investment comes amid high stock volatility, but it is seen as a positive move for the company. Actelis Networks serves a wide range of clients, including system integrators, distributors, contractors, and resellers, focusing on IoT and telecommunication sectors.
PIPE
growth-positive
Actelis Networks Announces Closing of Private Placement Priced At-the-Market under Nasdaq Rules
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, announced the closing of a private placement priced at-the-market under Nasdaq rules. The offering involved the sale of 1,626,019 shares of common stock and warrants, raising approximately $1 million in gross proceeds. The warrants, if fully exercised, could bring in an additional $3 million. The funds will be used for general corporate purposes. H.C. Wainwright & Co. acted as the exclusive placement agent. The securities were offered to accredited investors under a private placement and are not registered under the Securities Act of 1933.
PIPE
growth-positive
Actelis Networks Announces Private Placement Priced At-the-Market under Nasdaq Rules
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, announced a private placement of common stock and warrants, expected to raise approximately $1 million. The placement includes Series A-3 and A-4 warrants, potentially adding $3 million if fully exercised. H.C. Wainwright & Co. acts as the exclusive placement agent. The funds will be used for general corporate purposes. The securities are offered under Section 4(a)(2) of the Securities Act and are not registered, intended only for accredited investors. The offering is set to close around July 2, 2025, pending customary conditions.
PIPE
growth-positive
Actelis Networks Reports AI Implementation Progress to Accelerate Growth and Enhance Operational Efficiency
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, is accelerating its AI integration to enhance revenue growth and operational efficiency. The company is focusing on AI tools for software development, testing, marketing, and administrative applications, with plans to expand into lead generation and sales processes. This strategic move aims to enhance competitiveness and shareholder value across its core markets, including Federal/Military, Smart City/Intelligent Transportation, and Multi-Dwelling Units. Actelis emphasizes the importance of AI in maintaining market reach and improving time-to-market capabilities. The companys innovative portfolio offers hybrid fiber-copper solutions with AI-based cyber monitoring, enhancing network security and resilience.
growth-positive
Actelis Secures Order from Major US Telecommunications Carrier for Next-Generation Rapid MDU Connectivity Solutions
Actelis Networks, Inc. has secured an initial order from a major US telecommunications carrier to deploy its advanced GigaLine solutions, marking a significant milestone in the companys MDU market strategy. The GigaLine solutions provide fiber-grade connectivity to multi-dwelling units (MDUs) without requiring new fiber installations, addressing a key challenge for telecom providers. This order, facilitated through a partnership with Netceed, positions Actelis for potential expansion and follow-on orders, as it helps carriers extend high-speed services cost-effectively. The deployment demonstrates growing market recognition of Actelis innovative technology and opens the way for mass deployment across the carriers service area.
growth-positive
Actelis Networks Accelerates US Federal Government and Military Expansion Efforts, Hires Industry Veteran Sales Director as Company accelerates efforts in Major Military Branches
Actelis Networks, Inc. is accelerating its expansion into the federal and military markets by appointing Jason Chasse as Director of Federal Sales. With over 30 years of experience in federal sales, Chasse is expected to leverage his expertise to help Actelis capture opportunities in the sector. The companys solutions are already listed on the Department of Defense Information Network Approved Products List, which enhances its credibility. Actelis aims to provide secure, rapid deployment networking solutions that address modernization needs across military installations and federal agencies. This strategic move is part of Actelis broader initiative to build long-term relationships within the federal and defense community.
Management ChangesExpand
growth-positive
Actelis Networks receives $100K follow-on order from Mid-Atlantic US county
Actelis Networks has received a $102K follow-on order from a major Mid-Atlantic US county to enhance its Advanced Transportation Management System operations. This order builds on a previous $260K project from July 2024, aimed at supporting the countys Transportation Systems Technical operations with secure, high-performance connectivity. Actelis hybrid-fiber technology will be used to extend digital capabilities across the countys roadways and intersections. This order is part of Actelis broader efforts, which include deployments in cities like Seattle and Orange County, as well as projects in Northern Ireland and other parts of Europe and Asia.
Customers
growth-positive
Actelis Networks Receives $100K Follow-On Order from Major Mid-Atlantic US County for Continued Traffic Management System Modernization
Actelis Networks, Inc. announced a $102,000 follow-on order from a major Mid-Atlantic US county to enhance its Advanced Transportation Management System operations. This order builds on a previous $260,000 project and highlights Actelis growing reputation as a provider of critical networking infrastructure for intelligent transportation systems. The order will support the countys Transportation Systems Technical operations, providing secure, high-performance connectivity for smart transportation applications. Actelis hybrid-fiber technology will enable rapid digital capability expansion, enhancing safety, reducing congestion, and improving transportation efficiency.
Customers
growth-positive
Actelis Networks Reports First Quarter 2025 Financial Results With Stable Revenues Alongside Increased Global Partners Coverage And Operational Efficiency
Actelis Networks, Inc. reported its financial results for the first quarter of 2025, highlighting stable revenues and improved gross margins. The company focuses on expanding its deal pipeline and achieving high-margin wins, particularly in Federal, Military, Multi-Dwelling Units, and Intelligent Transportation sectors. Actelis has expanded its global footprint with new orders from regions including the Nordic countries, Hungary, the US, UK, and Japan. The companys cyber-hardened, rapid deployment networking solutions continue to attract customers seeking cost-effective modernization and security solutions. Financial highlights include a 35% gross margin, reduced operating expenses, and a strengthened balance sheet, indicating a positive growth trajectory.
Customers
growth-negative
Actelis Networks, Inc. (ASNS) Reports Q1 Loss, Lags Revenue Estimates
Actelis Networks, Inc. reported a quarterly loss of $0.22 per share, which was better than the Zacks Consensus Estimate of a loss of $0.25. However, the company missed the revenue estimate by 39.92%, reporting $0.72 million compared to the expected $1.2 million. The companys stock has underperformed, losing about 42.5% since the beginning of the year. The earnings outlook remains unfavorable, with a Zacks Rank of #5 (Strong Sell), indicating expected underperformance in the near future. The current consensus EPS estimate for the next quarter is -$0.04 on $3 million in revenues.
growth-positive
Actelis secures order to upgrade Northern Ireland railway infrastructure
Actelis Networks, a US-based company, has secured a new order to modernize and digitize railway infrastructure in Northern Ireland. This project, facilitated through their partner, the Kenton Group, involves deploying advanced networking technology to enhance digital rail operations. The upgrade will support various IoT applications, including automated signaling systems and real-time asset monitoring, using existing infrastructure to minimize costs and time. Actelis solutions aim to provide secure connectivity and improve operational intelligence and safety systems. This order is part of Actelis ongoing expansion in the rail transportation sector across the UK and Ireland.
PartnersCustomers
growth-positive
Actelis Networks Receives New Order to Support Rail Infrastructure Modernization in Northern Ireland
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, has received a new order to support railway modernization in Northern Ireland. The order, facilitated through their partner, the Kenton Group, will deploy Actelis advanced networking technology trackside to enhance digital rail operations. This deployment will enable secure, high-performance connectivity for critical IoT applications, such as automated signaling and real-time asset monitoring, while leveraging existing infrastructure. The initiative is part of Actelis expansion in the rail transportation sector, with previous deployments across North America, Europe, and Asia. Actelis solutions are designed to meet the demands of modern railway networks, providing reliable, cyber-hardened connectivity for operational technology networks.
CustomersPartners
growth-positive
Actelis Networks to Report First Quarter 2025 Results on May 13, 2025
Actelis Networks, Inc., a leader in cyber-hardened networking solutions for IoT and broadband applications, announced it will report its first quarter 2025 financial results on May 13, 2025. The company specializes in hybrid fiber-copper networks that offer fiber-grade performance with cost efficiency. Actelis also provides AI-based cyber monitoring and protection for edge devices, enhancing network security. The announcement includes forward-looking statements, highlighting potential risks and uncertainties. Actelis is committed to maintaining transparency with its stakeholders and continues to innovate in the field of networking solutions.
growth-positive
Actelis Networks Receives New Order for Critical Infrastructure Modernization in Japan
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, has expanded its presence in Japan by securing a new order through a prominent Japanese distributor and developer of communications equipment. This order will support critical infrastructure modernization in Japan, providing secure connectivity for various applications, including transportation and defense networks. Actelis solutions offer fiber-grade performance while leveraging existing infrastructure, reducing deployment time and costs. The company collaborates with a long-standing Japanese channel partner to serve customers in the region. Actelis also incorporates AI-based cyber monitoring to enhance network security. This development represents a strategic growth opportunity for Actelis in the Japanese market.
CustomersPartners
growth-positive
Actelis Networks Secures New Order to Modernize Major Nordic Municipality's Communication Infrastructure
Actelis Networks, Inc. has secured a strategic order to modernize communications infrastructure for a major Nordic city, expanding its footprint in Europe. The company is collaborating with a leading European traffic technology provider to supply hybrid-fiber networking solutions, enhancing connectivity across municipal systems. This partnership supports the citys smart city initiatives, focusing on efficient and sustainable urban infrastructure. Actelis technology offers fiber-grade performance while leveraging existing infrastructure, reducing deployment time and costs. The order reflects Actelis growing momentum in Europe, following deployments in Germany, Italy, Hungary, and the UK. Actelis provides AI-based cyber monitoring and protection, enhancing network security and resilience.
PartnersCustomers
growth-positive
Actelis Networks Receives Follow-On Order from City of Eugene, Oregon for Traffic Management System Modernization
Actelis Networks, Inc. has received a follow-on order from the City of Eugene, Oregon, to expand its traffic management system with additional networking equipment. This order builds upon Eugenes previous deployment of Actelis hybrid fiber-copper networking solutions. The City of Eugene aims to enhance its traffic infrastructure as part of its Transportation Management Plan, which seeks to increase transit by foot, bicycles, and public transport by 2035. Actelis technology integrates with traffic controllers to manage traffic flow through IoT devices, providing fiber-grade connectivity over existing infrastructure. The equipment is delivered through Actelis partner, Western Systems, which collaborates with various agencies to implement advanced traffic solutions.
CustomersPartners
growth-positive
Actelis Networks Secures New Order to Modernize Orange County's Traffic Infrastructure
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, has secured a new order to modernize Orange County, Californias intelligent transportation system infrastructure. The order, facilitated through their partner Western Systems, will enhance traffic management systems with Actelis advanced networking technology, providing secure, high-speed connectivity. This expansion in California marks a significant growth in Actelis footprint in the transportation infrastructure sector. The companys hybrid-fiber solutions offer fiber-grade performance while reducing deployment time and cost. Actelis technology is designed to withstand harsh environments and provide military-grade security. This order continues Actelis momentum in the intelligent transportation systems market, following deployments in major cities like Washington D.C. and Seattle, highlighting their role in smart city initiatives and infrastructure modernization.
CustomersPartners
growth-positive
Actelis Receives Significant New Orders to Modernize U.S. Military Bases with Rapid Deployment, Cyber Hardened Networking
Actelis Networks, Inc. announced new orders for its GigaLine 800 (GL800) networking solution to modernize and cyber-harden military installations for the Army, Navy, and Air Force. The GL800 provides high-speed, secure connectivity, supporting the growing bandwidth needs of military bases. The orders, valued at $140,000, will enhance connectivity for various on-base facilities, including barracks and information centers. The GL800 enables rapid deployment and cost-effective upgrades using existing infrastructure, avoiding the need for extensive new construction. Actelis continues its collaboration with Communication Construction Services (CCS) and a major military carrier to deliver these solutions.
CustomersPartners
growth-positive
Actelis Networks Secures New Order from One of North America’s Largest Railway Groups for Positive Train Control Implementation
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, has received an order from a major North American railway group to support the implementation of Positive Train Control (PTC) systems. This order highlights Actelis role in enhancing rail safety through its advanced networking technology, which is capable of operating in extreme conditions. The companys solutions provide fiber-grade performance, uninterrupted connectivity, and military-grade security, making them ideal for challenging environments. This expansion order is part of broader industry efforts to improve safety across North Americas rail networks. Actelis technology allows for rapid deployment and maximizes bandwidth over existing infrastructure, offering essential redundancy for safety-critical systems.
Customers
growth-positive
Actelis Networks Inc (ASNS) Q4 2024 Earnings Call Highlights: Revenue Surge and Strategic ...
Actelis Networks Inc reported a 38% increase in revenue for 2024, reaching $7.8 million, driven by a significant increase in North American revenues. The company achieved a 125% improvement in gross margin, reflecting a strategic focus on higher-margin segments. New orders in the Federal and Military sector grew by 150% year-over-year, indicating strong market demand. The company introduced the MetaShield solution, an AI-driven SaaS offering for cybersecurity, expected to generate recurring revenues. Despite improvements, the company is not yet profitable, with a net loss of $4.4 million for 2024. Cash reserves decreased to $2.3 million at year-end, and the company may need to raise equity or debt to support growth initiatives. The timing of large contracts remains uncertain, impacting revenue predictability.
CustomersProduct Stage
growth-negative
Actelis Networks Full Year 2024 Earnings: Misses Expectations
Actelis Networks reported a revenue of US$7.76 million, up 38% from FY 2023, and a net loss of US$4.37 million, which narrowed by 30% from the previous fiscal year. Despite these improvements, the companys revenue and earnings per share (EPS) missed analyst estimates by 20% and 60%, respectively. The companys shares have increased by 26% over the past week. The article highlights the importance of considering risks, noting that there are five warning signs for Actelis Networks, four of which are significant. Simply Wall St provides an analysis based on historical data and analyst forecasts, emphasizing that their commentary is not financial advice.
growth-positive
Q4 2024 Actelis Networks Inc Earnings Call
Actelis Networks Inc reported a transformative year in 2024 with significant financial improvements, including a 38% revenue growth and a 125% gross margin improvement. The company has seen substantial growth in new orders, particularly in the federal and military sectors, and has expanded its product offerings with the introduction of the GigaLine 5000, 6000, and 7000 fiber-product lines. Actelis is focusing on three strategic initiatives for 2025: introducing its MetaShield AI-driven SaaS cyber protection, strengthening go-to-market execution through partnerships, and enhancing operational efficiency. The company is nearly debt-free and has reduced operating expenses by 13% year-over-year. Actelis has also secured major deployments in smart city and transportation sectors and is engaged with multiple partners for its Multi-Dwelling Unit business.
CustomersPartnersProduct Stage
growth-positive
Actelis Networks Reports Full Year 2024 Results: Revenue Sees 38% Growth Reaching $7.8 Million, 125% Increase in Gross Margin, Loss Per Share Shrinks by 67% to $0.85
Actelis Networks, Inc. reported strong financial performance for the year 2024, driven by growth in software and services renewals, federal and military sector expansion, and new product adoption. The company achieved a 38% increase in revenue, reaching $7.8 million, and improved its gross margin to 55%. Actelis successfully executed a cost reduction plan, reducing operating expenses by 13% and significantly decreasing its net and EBITDA losses. The companys strategic focus on high-margin sectors and disciplined expense management contributed to these positive results. Actelis also reduced its debt significantly, enhancing financial flexibility for future growth initiatives.
growth-positive
Market News Alert: Actelis Networks Continues to Show Positive Commercial Traction with Recent Wins as Multi Billion Dollar Smart City Market Expected to Grow Massively
Actelis Networks is experiencing significant growth momentum with recent strategic orders in critical infrastructure sectors. The company has secured follow-on orders from a Hungarian utility provider and Ventura County, California, reinforcing its presence in the intelligent transportation systems market. These developments are part of Actelis broader strategy to expand its footprint in the smart cities, utility, and defense markets. With a $5 price target and a Buy rating from Litchfield Hills Research, Actelis is well-positioned in the growing global smart cities market, projected to reach $300 billion by 2032. The company is set to report its 2024 financial results on March 24, 2025, which investors will closely monitor. Actelis technology portfolio serves customers across 30 countries, including government agencies and transportation authorities.
CustomersProduct Stage
growth-positive
Actelis Networks to Report Annual 2024 Financial Results on Monday, March 24, 2025
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, announced it will publish its 2024 financial results on March 24, 2025. The company will host a conference call on the same day to discuss its business and financial performance. Actelis specializes in hybrid fiber-copper networking solutions for IoT applications, offering AI-based cyber monitoring and protection. The announcement includes forward-looking statements, highlighting potential risks and uncertainties. The company emphasizes its commitment to enhancing network security and resilience through its Cyber Aware Networking initiative.
growth-positive
Actelis Receives Follow-On Order to Expand Networking Deployment for Major Hungarian Utility Provider
Actelis Networks, Inc. announced a follow-on order from a Hungarian utility provider to expand its deployment of cyber-hardened networking solutions. This order builds on a previous engagement from October 2023, where Actelis was selected to provide hybrid fiber networking technology. The expansion aims to enhance secure, high-speed data transmission for critical infrastructure. Actelis solutions are designed to extend fiber-grade connectivity using existing infrastructure, offering a cost-effective approach to modernizing utility networks. The companys technology is widely used across various sectors, including transportation, energy, and government. Actelis also provides AI-based cyber monitoring and protection, enhancing network security and resilience.
Customers
growth-positive
Actelis Networks Secures Order for Countywide Intersection Modernization in Ventura County, California
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, has secured an order for the County of Ventura, Californias Systemic Countywide Signalized Intersection Improvement Project. This initiative aims to modernize traffic signal communications across the county using Actelis advanced networking technology. The project will enhance traffic flow and safety by enabling high-speed, secure data transmission between traffic management centers and intersections. Actelis is collaborating with Crosstown Electrical & Data, Inc., a trusted partner, to implement these solutions. This order highlights the increasing demand for Actelis technology in the transportation sector, which is already widely used globally to improve traffic management and support smart transportation initiatives.
CustomersPartners
growth-positive
Actelis Networks Appoints Leading Industry Expert Julie Kunstler as Board Member
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, has appointed Julie Kunstler as an independent director to its Board of Directors. Kunstler brings over three decades of experience in broadband access and cybersecurity, with a background in corporate strategy and board governance. Her appointment is expected to support Actelis growth in secure broadband access networking solutions across various sectors. Kunstlers extensive experience includes roles in venture capital and executive management, and she has been recognized for her contributions to the fiber broadband sector. This strategic addition to the board is seen as a positive step for Actelis continued expansion and success.
Management Changes
growth-positive
Actelis Networks Appoints Industry Veteran Niel Ransom to Board of Directors, Enhancing Leadership in Secure Networking and Critical Infrastructure
Actelis Networks, Inc. announced the appointment of Dr. Niel Ransom to its Board of Directors, marking a strategic move to bolster its position in secure networking solutions for critical infrastructure and intelligent transportation systems. Dr. Ransom brings extensive experience in networking, cybersecurity, and deep-tech investments, having held leadership roles at Bell Labs, BellSouth, and Alcatel. His appointment follows the retirement of Joseph Moscovitz from the board. Actelis aims to leverage Dr. Ransoms expertise to accelerate growth and innovation in cybersecurity-driven networking. The company is well-positioned to address increasing demands for secure, high-speed networking solutions.
Management Changes
growth-positive
Market News Alerts Reports: Actelis Networks Secures New Order & Eyes Potential Role in UK’s £650M Infrastructure Modernization Efforts
Actelis Networks has announced a six-figure order renewal as part of the UKs National Roads Telecommunications Service (NRTS), a key component of the UKs Digital Roads Strategy. This renewal positions Actelis for future opportunities in the expansive NRTS-3 phase, which has a budget of at least £650 million. Actelis hybrid-fiber technology, which combines fiber performance with cost-effective copper infrastructure, is well-suited for large-scale deployments. The company has a history of collaboration with Telent, a key partner in the UKs infrastructure modernization efforts. This order renewal signals potential revenue growth for Actelis as it continues to be involved in the modernization of Englands Strategic Road Network.
CustomersPartners
growth-positive
Actelis Networks Secures a Significant Order Ahead of Expected Next Phase of NRTS, Positioning the Company for Major Future Opportunities
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, has secured a significant renewal of services order from Kenton Group, a long-time partner. This order supports the modernization of the UKs National Roads Telecommunications Service (NRTS), which is crucial for real-time monitoring and traffic management. Actelis hybrid fiber solutions offer cost-effective connectivity, leveraging existing infrastructure to support smart road technologies. The company is well-positioned for future opportunities as the UK government invests in smart road technologies. This announcement follows recent orders from Washington D.C. and Seattle, highlighting Actelis expanding global presence in Intelligent Transportation Systems.
PartnersCustomers
growth-positive
Actelis Networks to Present at The Upcoming Microcap Conference In Atlantic City, NJ
Actelis Networks, Inc., a leader in hybrid fiber-copper networking solutions, announced its participation in The Microcap Conference 2025, a major event for growth-focused companies and investors. The conference will be held from January 28-30, 2025, in Atlantic City, NJ. Actelis Deputy CEO and CFO, Yoav Efron, will present and conduct one-on-one meetings with investors. The event provides a platform for companies to showcase their value propositions and network with top-tier investors. Actelis offers cyber-hardened solutions for IoT applications, enhancing network security with AI-based monitoring. The companys participation in the conference is expected to positively impact its growth by attracting potential investors.
Actelis Networks Receives $5 Price Target and Buy Rating From Litchfield Hills Research
growth-positive
Actelis Networks Announces Official Launch of MetaShield: Groundbreaking, AI-Based, Cybersecurity Solution to Drive SaaS Growth & Edge Infrastructure Resilience
Actelis Networks, Inc. has launched MetaShield, a new product under its Cyber Aware Networking strategy, aimed at enhancing cybersecurity for edge devices within networks. This launch is a significant milestone for Actelis, as it expands its networking portfolio and strengthens its position in the market. MetaShield integrates advanced AI-based threat detection and response capabilities into Actelis hybrid-fiber networking products, offering continuous monitoring and real-time protection against cyber threats. The product is expected to enhance Actelis SaaS business model, providing additional recurring revenue streams. The launch reflects Actelis commitment to innovation and positions the company for future growth by delivering enhanced value to its customers.
CustomersExpand
growth-positive
Future Markets Research Releases Report on Actelis Networks: A Key Player Amidst Smart City Growth and Rising Infrastructure Cyber Risks
Actelis Networks, a leader in networking solutions for IoT and critical infrastructure, is experiencing significant growth due to its innovative hybrid-fiber technology and Cyber Aware Networking initiative. The company has secured major projects, including Seattles Intelligent Transportation Systems and Washington, D.C.s traffic management systems, in collaboration with M.C. Dean. Actelis is also expanding its presence in the defense sector with contracts for the U.S. Army National Guard and inclusion on the Department of Defense Information Network Approved Products List. Additionally, Actelis is making strides in European markets with ITS infrastructure upgrades in Germany and Italy. These developments underscore Actelis growing influence in smart cities, cybersecurity, and infrastructure modernization.
CustomersPartnersExpand
growth-positive
Actelis Networks Chosen by Seattle, the “Smartest City in US” for Significant Infrastructure Modernization Project
Actelis Networks, Inc., a leader in networking solutions for IoT and broadband applications, has secured a significant new order from the City of Seattle Department of Transportation. This order is part of Seattles Intelligent Transportation System (ITS) upgrade, highlighting Actelis role in infrastructure modernization. The companys hybrid-fiber networking technology will enhance traffic management applications in Seattle, a city recognized for its smart city initiatives. Actelis solutions are gaining traction in the ITS and smart city sectors, with increasing demand from cities like Washington D.C., San Jose, and international municipalities. The global ITS market is projected to reach $65.33 billion by 2032, reflecting the growing need for secure, cost-effective connectivity solutions.
Customers
growth-positive
DealFlow Events Unveils First Wave of Companies for The Microcap Conference in January 2025
DealFlow Events has announced the initial lineup for The Microcap Conference, scheduled for January 28-30, 2024, in Atlantic City, NJ. The event, now in its second year, is a significant gathering for microcap and small-cap investors, providing a platform for investment and collaboration. Hosted at the Borgata Hotel & Casino, the conference will feature over 100 companies and 1,500 attendees, including executives from sectors like financial services, healthcare, energy, and technology. The conference will offer company presentations, one-on-one meetings, keynote addresses, panel discussions, and networking opportunities. This event is poised to be a growth-positive opportunity for participating companies and investors.
Investment
growth-positive
Actelis Networks Receives Two Expansion Orders for Washington DC Department of Transportation in Collaboration with Multi-Billion Dollar Partner M.C. Dean
Actelis Networks, Inc. has announced new orders for the Washington DC Department of Transportation (DDOT), reinforcing its role in modernizing critical infrastructure. The company is collaborating with M.C. Dean, a key integrator for DDOT, to enhance traffic management systems in Washington, DC. Actelis hybrid fiber-copper technology allows for high-performance network connectivity using existing wiring, which is crucial for managing the citys complex traffic environment. This collaboration is a model for other cities aiming to modernize their traffic infrastructure efficiently and cost-effectively.
CustomersPartners
growth-positive
Market Alert: Actelis Networks Reports Strong Q3 2024 Result as it Eyes Shifting Global Defense Trends
Actelis Networks reported impressive Q3 2024 financial results, with a 200% increase in revenue compared to the previous year. The companys strategic focus on high-margin software and hybrid fiber-copper solutions has led to significant growth in critical infrastructure, IoT, and military markets. Actelis secured a $1.4 million contract renewal with a major North American client, contributing to its recurring revenue stream. The companys gross margins surged to 69%, and it reduced operating expenses by 12%, narrowing its net loss by 41%. Actelis is well-positioned to benefit from shifting global defense priorities, especially with its inclusion on the Department of Defense Information Network Approved Products List. The companys efforts in operational efficiency and profitability are yielding positive results, with new orders across Intelligent Transportation Systems and European infrastructure projects.
Customers
growth-negative
Actelis Networks Third Quarter 2024 Earnings: US$0.085 loss per share (vs US$0.32 loss in 3Q 2023)
The article discusses the financial performance of Actelis Networks, highlighting a significant increase in revenue to US$2.54 million, up 201% from the previous quarter. Despite this growth, the company reported a net loss of US$511,000, although this represents a 41% improvement from the previous quarter. The loss per share also improved from US$0.32 to US$0.085. However, Actelis Networks shares have declined by 11% over the past week. The article, published by Simply Wall St, provides a general analysis based on historical data and analyst forecasts, without offering specific investment advice.
growth-positive
Actelis Networks Reports Q3 2024 Results: 200% Quarterly Revenue Growth; 46% Year-to-Date Growth Reaching $6.7 Million
Actelis Networks, Inc. reported strong financial results for Q3 2024, showcasing significant revenue growth and improved gross margins. The companys revenue reached $2.54 million, marking a 200% increase from the previous year. For the nine months ending September 30, 2024, revenue grew to $6.7 million, driven by large contracts and a two-year software and services renewal with a major customer. Gross margin improved to 69% in Q3 2024, up from 27% the previous year. Operating expenses decreased by 12%, and net loss was reduced by 41%. The company raised nearly $5 million in June 2024, enhancing liquidity and ensuring Nasdaq compliance. These results reflect successful cost reduction efforts and increased revenue.
CustomersInvestment
growth-positive
Actelis’ GigaLine 900 Draws Strong Global Industry Interest as a Unique, Ultra Low-Power Solution for Instant Gigabit Services in MDUs
Actelis Networks, Inc., a leader in hybrid networking, showcased its GigaLine 900 (GL900) broadband solution at various industry events across Europe and the U.S. The GL900 offers rapid, scalable deployment with unmatched power efficiency, providing fiber-grade connectivity in multi-dwelling units (MDUs) without the need for new wiring. This solution is particularly significant for the U.S., where 23 million apartment buildings can benefit from its capabilities. The GL900s ultra-low power consumption and ability to leverage existing wiring make it a cost-effective and sustainable option for broadband providers. The product has received positive market reception, with initial customer orders and trials underway. This aligns with infrastructure initiatives like the $42 billion BEAD program, helping providers expand access efficiently.
Customers
growth-positive
Actelis Networks announces new order from Major German Municipality
Actelis Networks has announced a follow-on order to expand its hybrid-fiber networking technology for a major German municipality. This development enhances Actelis presence in Germany and strengthens its role in intelligent transportation systems (ITS) for smart traffic applications. The order builds on previous significant orders and successful deployments across various sectors, including highways, utilities, airports, and the military. This expansion is part of Actelis ongoing efforts to bolster its footprint in the field of ITS and smart traffic solutions.
Customers
growth-positive
Actelis Networks Announces New Order from Major German Municipality for Modernization of Secure Critical Infrastructure IoT Network
Actelis Networks, Inc. has received a follow-on order for its hybrid-fiber networking technology from a major German municipality, enhancing its role in the global IoT network modernization landscape. This order strengthens Actelis presence in Germany, particularly in intelligent transportation systems (ITS) for smart traffic applications. The expansion reflects growing confidence in Actelis ability to provide scalable, secure solutions essential for critical infrastructure resilience. The German government has allocated over 30 billion euros in 2024 for infrastructure modernization, highlighting the importance of safeguarding vital systems. Actelis technology enables cities to upgrade networks quickly and cost-effectively, supporting smart city applications like traffic management and public safety. This expansion follows a similar order for an Italian national transportation project.
CustomersExpand
growth-positive
Actelis Networks Announces Follow-On Order from U.S. Department of Transportation Agency Expanding Footprint to New Regions
Actelis Networks, Inc. has announced a follow-on order from a major aerial transportation agency under the U.S. Department of Transportation. This order expands their network into new regions, highlighting the agencys confidence in Actelis secure and flexible networking solutions. The project involves enhancing radar communications for air safety, using Actelis hybrid fiber-copper technology to improve existing infrastructure. The companys adaptable solutions are in demand as global investments in air traffic management systems grow. Actelis technology offers cost-effective upgrades by leveraging existing wiring, providing high bandwidth and security essential for mission-critical environments. This development reinforces Actelis reputation in intelligent transportation networks.
Customers
growth-positive
Actelis Receives Expansion Order for Major Italian National Transportation Infrastructure Project
Actelis Networks, Inc., a leader in cyber-hardened networking solutions, has expanded its role in an Italian national transportation project by securing new orders for its technology. This expansion builds on a previous order announced in June, valued at over $300,000, for a major Italian motorways operator. Actelis solutions are designed to enhance road safety by providing reliable connectivity for critical safety tools like CCTV and sensors. The companys technology leverages existing network wiring to deliver fiber-grade connectivity, which is crucial for managing traffic flow and improving safety. Actelis solutions are already deployed in the UK and Japan, further establishing its presence in the Intelligent Transportation Systems (ITS) market. The announcement underscores Actelis growth and the trust placed in its solutions by major transportation operators.
Customers
growth-positive
Actelis Networks Receives $200,000 Order to Provide Fast Upgrade and Modernization to US Army National Guard Base Network
Actelis Networks, Inc., a leader in cyber-hardened hybrid-fiber networking solutions, has received a $200,000 order from the United States Department of Military Affairs to upgrade a US Army National Guard bases network. This follows a $150,000 order in July from a tier-1 military contractor. Actelis solutions offer significantly higher bandwidth without requiring upgrades to existing physical cabling, providing cost and time savings. The companys products are the only ones of their kind listed on the Department of Defense’s Approved Products List, ensuring high cybersecurity standards. The National Guard base supports hundreds of state and government employees and thousands of Army personnel, necessitating a robust and future-ready network solution.
Customers
growth-positive
Actelis Receives New Significant Order for Major U.S. Department of Aerial Transportation Agency
Actelis Networks, Inc. announced a significant new order for its cyber-hardened hybrid-fiber networking solution from a major aerial transportation agency under the U.S. Department of Transportation. This order continues Actelis expansion in the transportation sector, following recent wins including a $2.3 million order from Washington D.C.s Department of Transportation, a $300,000 order for an Italian infrastructure project, and a $260,000 order for a Mid-Atlantic US county traffic system. Actelis solutions offer rapid deployment and cost savings, enhancing network connectivity and security for its customers.
Customers
growth-positive
Actelis Networks to Participate in H.C. Wainwright 26th Annual Global Investment Conference
Actelis Networks, Inc., a leader in cyber-hardened networking solutions for IoT applications, announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference. The event will take place from September 9-11, 2024, in New York City. Actelis management, including Deputy CEO and CFO Yoav Efron, will participate in person and conduct one-on-one meetings with investors. The company will also offer a virtual presentation starting September 9th. Actelis aims to showcase its innovative hybrid fiber-copper networking solutions and AI-based cyber monitoring to potential investors.
Investment
growth-positive
Actelis Receives New Order for Intelligent Traffic System (ITS) Networking in New York City Metro Area
Actelis Networks, Inc. announced a new order to provide a hybrid-fiber networking solution for a densely populated municipality in the New York City metropolitan area. The solution will enable fiber-grade connectivity for the municipalitys traffic management system, enhancing real-time data capture and operational efficiency. The deployment will be facilitated through Actelis partner, Netceed. This order highlights the potential of the Actelis-Netceed partnership in addressing city-wide traffic management needs. Actelis technology allows seamless integration of existing copper/coax infrastructure with newer fiber networks, providing cost-effective and secure connectivity solutions.
CustomersPartners
growth-positive
Actelis Announces Strategic Partnership to Launch AI-Powered Cybersecurity SaaS for IoT Networks
Actelis Networks, Inc. has announced a strategic partnership with an advanced cybersecurity provider to develop an AI-Powered SaaS offering for IoT devices. The software is designed to monitor and protect physical assets such as cameras, sensors, and other devices at the network edge, enabling corrective actions before issues propagate throughout the network. The solution addresses the increasing volume of cyber-attacks on IoT devices by providing comprehensive visibility, monitoring, and threat detection capabilities. The collaboration aligns with Actelis’ strategic focus on expanding its market presence in the IoT sector.
PartnersExpand
growth-positive
Actelis Networks Inc at August 20th Virtual Investor Summit Microcap Event
Actelis Networks Inc, a market leader in cyber-hardened, rapid-deployment hybrid fiber networking solutions for wide-area IoT applications, will be available for 1-on-1 meetings and a presentation at the Q3 Investor Summit on August 20, 2024. The theme of the summit is 50 micro-cap companies with a catalyst and/or strong performance in the current market. The Investor Summit is an exclusive, independent conference dedicated to connecting smallcap and microcap companies with qualified investors.
Investment
growth-positive
Actelis Networks Reports Q2 2024 Results: 372% Sequential Revenue Growth, 81% Year-Over-Year Increase, and Positive EBITDA
Actelis Networks, Inc. has reported strong Q2 2024 performance, with 372% sequential revenue growth and 81% year-over-year revenue increase. The companys revenue reached $3.43 million in Q2 2024, driven by the execution of large contracts, including a significant deal with the Washington D.C. Department of Transportation. Gross margin soared to $1.9 million, or 57%, in Q2 2024, a substantial improvement from $0.2 million, or 30%, in the prior quarter. Operating expenses were successfully reduced by 20% to $1.88 million in Q2 2024. The company also raised nearly $5 million in June 2024.
CustomersInvestment
growth-positive
Actelis Secures New Orders for Cyber-Hardened Network Solutions for Two Major German Utility Providers
Actelis Networks, Inc. has secured new orders to supply two major German utility providers with its cyber-hardened hybrid-fiber networking solution. The orders were facilitated by Actelis and its local partner Syserso Networks. The companys solutions are designed to deliver secure, immediate fiber-grade connectivity for various critical IoT applications. This marks a significant milestone in the companys continued growth within the German energy and utility sectors. The companys solutions are particularly attractive to operators of critical IoT networks due to their advanced network protection capabilities.
CustomersPartners
growth-positive
Actelis Receives Over $150,000 in New Military Orders for New Cyber-Hardened Networking Solutions
Actelis Networks, Inc., a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, has received new orders of over $150,000 for a tier-1 military contractor for its latest cyber-hardened networking solution, the GigaLine 800. This order marks the first major deployment of the GL800, underscoring Actelis momentum in the military sector following its certification by the National Institute of Standards and Technology (NIST) for FIPS standard, the Joint Interoperability Test Command (JITC), and placement on the U.S. Department of Defenses Approved Products List.
CustomersExpand
growth-positive
Actelis Receives Software and Service Contract Renewal of Nearly $1.5 Million From Major North American Customer
Actelis Networks, Inc., a leader in networking solutions for IoT applications, has received a $1.5 million software and service order from a major North American customer. The agreement includes licensed access to Actelis Element Management Software System (EMS), a platform that provides tools to remotely and securely monitor and manage network devices. The customer will also receive technical support from Actelis team and extended warranty services. This follows recent significant wins for Actelis in the military, energy, and intelligent transportation sectors.
CustomersInvestment
growth-positive
Actelis Receives $260,000 Order for Major Mid-Atlantic US County Traffic System Modernization
Actelis Networks, Inc., a leader in networking solutions for IoT applications, has received a significant order worth $260,000 to modernize the traffic systems in a major Mid-Atlantic county in the United States. The project will leverage Actelis hybrid-fiber technology to enhance traffic flow and support safety, transportation, infrastructure, and environmental initiatives. The companys solution will provide immediate fiber-grade connectivity over the County’s existing fiber/copper network infrastructure, enabling efficient management of traffic signals and camera systems.
CustomersInvestment
growth-negative
3 Telecom Stocks to Sell in July Before They Crash & Burn
The article discusses the challenges faced by three telecom companies: Vodafone Group, Actelis Networks, and Frontier Communications. Vodafone has been struggling with its subsidiary businesses and has sold its Spain and Italy-based businesses. Actelis Networks has seen a decline in revenue following a strategic shift from telecom services to IoT solutions. Frontier Communications, despite decent earnings, is in a shaky spot due to its high forward-looking P/E ratio. The article suggests that these companies may face further difficulties due to high interest rates and a slowdown in new projects.
Management ChangesCustomers
growth-positive
Actelis Announces Closing of Exercise of Warrants for $2.25 Million Gross Proceeds
Actelis Networks, Inc. has announced the closing of its previously announced exercise of certain outstanding Series A-2 warrants to purchase up to an aggregate of 999,670 shares of common stock of the Company. The gross proceeds to the Company from the exercise of the warrants were approximately $2.25 million. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. The Company intends to use the net proceeds from the offering as working capital for general corporate purposes.
Investment
growth-positive
Actelis Announces Exercise of Warrants for $2.25 Million Gross Proceeds
Actelis Networks, Inc. has announced the immediate exercise of certain outstanding Series A-2 warrants to purchase up to an aggregate of 999,670 shares of common stock of the Company. The gross proceeds from the exercise of the warrants are expected to be approximately $2.25 million. In consideration for the immediate exercise of the warrants for cash, the Company will issue new unregistered warrants to purchase up to 1,999,340 shares of common stock. The new warrants will have an exercise price of $1.75 per share and will have a term of twenty-four months from the issuance date. The offering is expected to close on or about July 2, 2024.
Investment
Actelis Receives Order from Major German Municipal Utilities Company
Neutral
Top Midday Gainers
The article is a promotional piece for PremiumMT Newswires, encouraging readers to upgrade their subscription to a Silver or Gold plan in order to access premium news articles. No specific details about the companys operations, partnerships, or financials are provided.
Actelis Continues to Expand International Footprint with Over $300,000 New Order for Italian National Transportation Infrastructure Project
growth-positive
Actelis Expands Global Footprint with Orders for Cyber-Hardened IoT Networking Solutions in Airports Across Japan, India, and Poland
Actelis Networks, Inc. has secured new orders for its cyber-hardened IoT solutions as part of its global multi-year contract with SITA. The orders are for international airports in India, Japan, and Poland. The companys solutions will enhance hybrid-fiber connectivity for Smart IoT modernization in these airports. This announcement follows recent achievements including new orders from three military bases, a partnership with Carahsoft to expand Actelis’ footprint in US Government Agencies, and a new order and delivery to the City of Bakersfield, California.
CustomersPartnersExpand
Growth-Positive
Actelis Regains Compliance with Nasdaq Minimum Closing Bid Price Rule
Actelis Networks, Inc., a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, has regained compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2). The Nasdaq staff made this determination of compliance after the closing bid price of the Companys ordinary shares was at $1.00 per share or greater for the 10 consecutive business days prior to the date of the notice. As a result, Nasdaq considers the prior bid price deficiency matter now closed.
Public Trading
growth-positive
Actelis Partners with Carahsoft, a Major US-based IT Software and Services Company, to Expand Access for Its Cyber-Secure, Immediate Deployment IoT Connectivity to US Government Agencies
Actelis Networks, Inc., a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, has announced a partnership with Carahsoft Technology Corp., a trusted government IT solutions provider. Under the agreement, Carahsoft will serve as Actelis’ Public Sector distributor, making Actelis’ hybrid-fiber connectivity solutions available to Federal, State and Local agencies, and Educational organizations in the U.S. and Canada through Carahsoft’s reseller partners and NASA Solutions for Enterprise-Wide Procurement (SEWP) V and OMNIA Partners contracts.
PartnersExpand
growth-positive
Actelis Announces Closing of Exercise of Warrants for $3 Million Gross Proceeds
Actelis Networks, Inc. has announced the closing of its previously announced exercise of certain outstanding warrants to purchase up to an aggregate of 999,670 shares of common stock of the Company. The gross proceeds to the Company from the exercise of the warrants were approximately $3 million. The Company intends to use the net proceeds from the offering as working capital for general corporate purposes. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.
Investment
growth-positive
Actelis Announces Exercise of Warrants for $3 Million Gross Proceeds
Actelis Networks, Inc. has announced the immediate exercise of certain outstanding warrants to purchase up to 999,670 shares of common stock of the company. The gross proceeds from the exercise of the warrants are expected to be approximately $3 million. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. The company will issue new unregistered Series A-1 and A-2 warrants to purchase up to 999,670 shares of common stock each. The offering is expected to close on June 6, 2024, and the company intends to use the net proceeds from the offering as working capital for general corporate purposes.
Investment
growth-positive
Actelis Receives New Orders to Supply Three Military Bases with Cyber-Hardened Networking Technology, Continues Momentum with U.S. Military
Actelis Networks, Inc., a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, has received new orders for its technology to be deployed on three U.S. military bases. These orders follow the companys recent successful cybersecurity certifications and placement on the Department of Defense Information Network approved products list. Actelis unique hybrid-fiber networking solution enables the military to deliver immediate fiber-grade connectivity to critical IoT devices and systems without the need for heavy engineering or construction. The company believes its solution is the only one of its kind on the DoDIN APL, giving it a strong competitive advantage.
CustomersExpand
growth-positive
Actelis Networks Signs Binding Term Sheet to Acquire Quality Industrial Corporation and Expand Operations in Critical Energy Industry
Actelis Networks, Inc. has announced the signing of a binding term sheet to acquire between 61% to 75% of the issued and outstanding shares of Quality Industrial Corporation (QIND). QIND, based in Dubai, designs, manufactures and supplies solutions for the critical infrastructure industrial and energy sectors. The acquisition will allow Actelis to expand its customer base and geographical reach, and to enhance its operations with IoT technology. The deal is expected to close within 60 days, pending regulatory requirements and due diligence.
AcquisitionExpand
growth-negative
Actelis Networks Reports Fiscal First Quarter 2024
Actelis Networks, Inc. reported its financial results for Q1 2024, revealing a strategic shift to IoT sales and a decrease in revenue from $1.85 million in Q1 2023 to $0.73 million in Q1 2024. The company also reported a gross margin of 30%, down from 37% in the previous year, and operating expenses declined 20% to $2.09 million. Despite the decrease in revenue, Actelis won a major order worth $2.3 million from Washington D.C.s Department of Transportation and implemented a hybrid-fiber, cyber-hardened solution in Bakersfield, CA. The companys CFO, Yoav Efron, has been promoted to Deputy CEO and CFO.
CustomersPartnersManagement Changes
growth-positive
Actelis Receives Order and Delivers Instant, Secure Fiber-Grade Networking to Modernize City of Bakersfield, California
Actelis Networks, Inc. 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 is part of a city-wide traffic management system modernization project. Actelis’ patented hybrid-fiber technology was chosen to give the city the fiber-grade performance it needs to achieve its objectives. Actelis partnered with Crosstown Electrical & Data for this project. Crosstown managed the installation of the Actelis solution along with the new traffic controllers.
PartnersCustomersExpand
growth-positive
Actelis Receives $2.3 Million Order for Immediate Delivery of New Hybrid-Fiber Intelligent Networking Solution For Washington D.C.’s Department of Transportation
Actelis Networks, Inc. has received a $2.3 million order from Washington D.C.’s Department of Transportation (DDOT) to supply a new hybrid-fiber intelligent networking solution for the city’s transportation network. The order will be supplied immediately, over the next 2-3 months, and will help DDOT modernize and standardize network connectivity infrastructure along its roadways and at its intersections. The project was awarded to M2 Technology, Inc., a top-ranked value-added reseller and a long-time Actelis business partner.
CustomersPartners
growth-positive
Actelis Networks and Khushi Communications Partner to Enable Expansion of IoT Networks Throughout India
Actelis Networks, Inc. has announced a partnership agreement with Khushi Communications Pvt. Ltd., a technology solution provider for communication networks based in New Delhi, India. This partnership will strengthen Actelis presence in a strategically important region and will help government agencies and private organizations in Asia rapidly deploy connectivity solutions. Khushi will utilize Actelis’ hybrid-fiber networking solutions to help its customers expand their IoT networks faster and more cost-effectively.
PartnersExpand
growth-negative
Actelis Networks Reports Fiscal Full Year 2023 Results
Actelis Networks, Inc. reported its financial results for the fiscal year 2023, highlighting a strategic shift to IoT sales, a decrease in revenue, and a significant decline in Telecom revenue. The companys total revenue was $5.6 million for the full year 2023, compared to $8.8 million in the prior year. The companys net loss dropped by 43% to $6.3 million for the full year 2023 compared to $11 million in the prior year. Actelis also reported a substantial improvement in operating expenses and a direct margin increase. The company has partnered with Netceed, Carahsoft, and Swarco.
CustomersPartnersManagement Changes
growth-positive
Actelis Networks and Netceed Sign Partnership Agreement to Extend Actelis’ Hybrid-Fiber Networking Solutions to Netceed’s North American Customer Base
Actelis Networks, Inc., a leader in networking solutions for IoT applications, has announced a partnership with Netceed, a distributor for the telecom, traffic, and digital infrastructure industries. The partnership will allow Actelis cyber and weather hardened hybrid-fiber networking solutions to be available to Netceeds customers in North America. This will expand Netceed’s connectivity offering to the intelligent transportation industry. Actelis management team identified Netceed as the ideal partner to help expand its reach within the intelligent transportation market.
PartnersExpand
growth-positive
Actelis Achieves National Institute of Standards and Technology (NIST) Certification for Data Cyber Security
Actelis Networks, Inc., a leader in cyber-hardened, rapid deployment networking solutions for IoT applications, has achieved U.S. Department of Commerce National Institute of Standards and Technology (NIST) certification for FIPS 140-2 cryptographic standard. This certification is mandatory for federal agencies, contractors, and vendors, and is also utilized by non-government organizations. Actelis worked closely with its partner, WolfSSL, to achieve this certification. Actelis solutions are deployed in over 40 countries and are used in major international airports, national highways and railways, smart cities, large energy providers, and military bases.
Partners
Growth-Positive
Actelis Networks Announces New $1.5 Million Credit Line
Actelis Networks, Inc., a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, has announced the closing of a new credit line facility from an Israeli bank. The credit line, up to $1.5 million, will increase the companys operating cash without increasing its total debt, as it plans to perform an early repayment of its existing debt using its restricted cash in a similar amount. The new credit line will be secured by customer invoices and will incur interest at a Federal SOFR rate plus 5.5% and is available until the end of 2024, with possible extension.
Investment
growth-positive
Actelis Receives Order For City of Napa Intelligent Traffic Management System
Actelis Networks, Inc., a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, has announced that its hybrid-fiber connectivity solution has been deployed at traffic intersections throughout the City of Napa, California. The solution was ordered and installed by Actelis’ local partner, Econolite, as part of an Advanced Traffic Management System (ATMS) upgrade project. The system will provide fiber-grade connectivity to the intersection, transporting critical traffic related information back to the city’s traffic operations center. This will allow the city to make remote signal timing changes as needed to improve traffic safety.
PartnersExpand
growth-positive
Actelis Announces U.S. Department of Defense JITC Labs Approval for Cybersecurity and Interoperability and Approved Products List Status
Actelis Networks, Inc., a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, has 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 DoD’s APL allows the company to expand its presence and help the military with its vast base modernization and IoT initiatives around the globe.
CustomersExpand
growth-positive
Actelis Receives Order From Major North American Rail Operator For Management Software And Services
Actelis Networks, Inc., a leader in cyber-hardened, rapid deployment networking solutions for IoT applications, has received a $300,000 order for management software license and services from a major North American rail operator. The order includes a software license and software support for 3 years, granting the customer access to the latest version of Actelis’ MetaASSIST Element Management System (EMS), version 4.0. The software is used by the rail industry globally to enable instantaneous fiber-grade connectivity over long distances utilizing any wireline medium.
Customers
growth-positive
Actelis Networks Announces Closing of $1.5 Million Private Placement Priced At-The-Market Under Nasdaq Rules
Actelis Networks, Inc., a leader in networking solutions for IoT applications, has announced the closing of a private placement of over 1.2 million shares of its common stock and warrants to purchase up to the same number of shares at a price of $1.18 per share. The company expects to use the gross proceeds of approximately $1.5 million, along with existing cash, for working capital and general corporate purposes. The company may receive an additional $1.5 million if the warrants are exercised in full for cash. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.
Investment
growth-positive
Actelis Networks Announces $1.5 Million Private Placement Priced At-The-Market Under Nasdaq Rules
Actelis Networks, Inc. has announced definitive agreements for the purchase and sale of 1,271,187 shares of its common stock and warrants to purchase up to 1,271,187 shares of its common stock at a purchase price of $1.18 per share. The gross proceeds to the Company are expected to be approximately $1.5 million. The offering is expected to close on or about December 20, 2023. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes. H.C. Wainwright & Co. is acting as exclusive placement agent for the offering.
Investment
growth-positive
Actelis Announces Order Received and Launch of New Last Mile Hybrid-Fiber Multi-Gigabit Broadband Solution For Buildings and IoT Applications
Actelis Networks, Inc. has announced the launch of the GigaLine 800 Hybrid-Fiber, a last-mile broadband networking solution. The product is designed to provide secure, instant, and cost-effective multi-Gigabit connectivity over extended distances by utilizing existing copper and coax wiring. This allows for immediate connection to broadband services for millions of homes and businesses, creating new revenue opportunities for providers. The GigaLine 800 also offers benefits for operators of smart rail, smart campus, smart city, industrial, and military networks, enabling them to complete their IoT projects on time and under budget.
CustomersExpand
growth-positive
Actelis Receives Order For Networking Of Traffic Management and Safety IoT Applications In The City of Everett, Washington
Actelis Networks, Inc. has received and delivered a new order for multi-gigabit hybrid fiber-copper networking devices to support the City of Everett’s growing intelligent traffic management network. The companys integrated hybrid fiber-copper networking platform will help Everett and other cities to advance their traffic management and safety initiatives. The project is another example of Actelis’ partnership with Western Systems, a leader in the traffic industry. Western Systems has deployed Actelis solutions in many cities in the United States including Eugene, San Jose, and Tacoma.
CustomersPartnersExpand
growth-positive
Actelis Receives Order From Major German Energy Provider For Encrypted, Cyber-Hardened, Hybrid-Fiber Networking
Actelis Networks, Inc. has received a new order to supply a major German provider with its new encrypted, cyber-hardened, hybrid-fiber networking technology. The customer supplies gas and electricity for over two million people throughout hundreds of cities in Germany. Actelis’ encrypted Hybrid-Fiber hardened switches, ML644EL and ML6916EL will be deployed for this application. This project will be deployed in conjunction with Actelis’ local partner, Syserso Networks GmbH, based in Germany.
CustomersPartnersExpand
growth-positive
Actelis Delivers Hybrid-Fiber Networking Solutions to US Naval Base In Asia-Pacific
Actelis Networks, Inc., a leader in cyber-hardened, rapid deployment networking solutions for IoT applications, has delivered its networking devices to a US Naval customer based in the Asia-Pacific region. The devices will replace legacy networking equipment and expand the network by connecting to new locations. The upgraded network will utilize Actelis’ extended reach products, providing the ability to extend connectivity over long distances. The companys solutions are cost-effective and provide immediate fiber-grade connectivity over any existing wireline medium.
CustomersExpand
growth-negative
Actelis Networks Reports Third Quarter 2023
Actelis Networks, Inc. reported its financial results for the fiscal third quarter and nine months ended September 30, 2023. The company experienced delays in closing and converting some large opportunities to revenues due to seasonality during summertime, slow processing of tenders by customers, and some orders received too late in the quarter to be delivered before quarter end. However, the company expects to catch up on those delays in the fourth quarter of 2023 and the following quarters. Actelis also plans to implement cost-saving measures to reach more than 20% reduction in Operating Expenses in 2024 compared to 2023.
CustomersManagement Changes
growth-positive
Actelis Launches Unique, Ultra Low Power In-Building Gigabit Connectivity Solution For Instant Service Provisioning of Multi-Tenant Units
Actelis Networks, Inc. has announced the launch of the GigaLine 900, a product designed to deliver broadband services in multi-tenant units (MTUs) such as apartments, office buildings, and hotels. The GigaLine 900 is a hybrid fiber-copper-coax solution that can be installed in as little as one hour, providing immediate Gigabit broadband services to tenants without the need for extensive rewiring. The product is expected to help network providers overcome the high costs and inconvenience associated with fiber installation. Actelis showcased the GigaLine 900 at the Broadband Communities Summit in May 2023 and will showcase it again at Network X 2023 in Paris.
CustomersExpand
Actelis Selected and Receives First Order to Provide IoT Networking To European Natural Gas System Operator
growth-positive
Actelis Achieves Third Party Validation For FIPS Cyber Protection Standard Required by Government Agencies
Actelis Networks, Inc., a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, has successfully achieved Third Party Validation for FIPS (Federal Information Protection Standard) 140-2 Level 1. This standard is recognized worldwide and is used by organizations outside of the government, such as finance, health care and manufacturing organizations, as a best practice to ensure optimal security. The assessment was performed by UL Verification Services Inc., an independent cryptographic module testing laboratory accredited by the Cryptographic Module Validation Program (CMVP) under the National Voluntary Laboratory Accreditation Program (NVLAP).
Customers
growth-positive
Actelis to Participate at the H.C. Wainwright 25th Annual Global Investment Conference
Actelis Networks, Inc. announces its participation in the H.C. Wainwright 25th Annual Global Investment Conference. The companys management will record a virtual presentation and participate in one-on-one meetings with investors. The event will be held from September 11th to 13th, 2023.
InvestmentManagement Changes
growth-negative
Actelis Networks Reports Second Quarter 2023
Actelis Networks, Inc. reported its financial results for Q2 and H1 2023, with revenues up 3% sequentially to $1.9 million for Q2 due to improved supply chain availability. However, revenues for H1 2023 were at $3.74 million, down from $4.95 million in the prior year. The companys net loss for H1 2023 decreased 45% YoY to $3.5 million. Actelis also reported new orders from SITA, the largest global provider of airport operations management systems, and welcomed Bret Harrison as the new Senior VP of Sales for the Americas. The company closed a $3.5 million private placement of its common stock.
CustomersManagement ChangesInvestment
growth-positive
U.S. Air Force Selects Actelis for IoT Networking Modernization of a Major Air Force Base
Actelis Networks has been selected by the United States Air Force to modernize on-base networking. The companys hybrid fiber-copper networking solutions will extend connectivity to 41 sites within the base, enabling data services and control for mission-critical systems. Actelis expertise in delivering cyber-hardened, fast, fiber-grade performance using existing legacy network infrastructure was a key factor in its selection. The deployment is estimated to save users tens to hundreds of thousands of dollars per site and months of installation and civil work compared to alternative networks. Actelis military customers benefit from long-term investment as the solutions can adapt and grow as needs evolve. The implementation will be done in partnership with Actelis integration partners, ESS Networks and IP Integration.
CustomersPartners
growth-positive
Actelis Receives Orders for Its Hybrid Copper Networking Solutions To Expedite IoT Modernization of Major Highway and Rail Systems Throughout Japan
Actelis Networks, Inc., a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, has announced several recent orders to deploy its hybrid fiber-copper networking solution to support IoT connectivity for major highway and rail systems in Japan. The company is expanding its momentum in the Asia-Pacific region and has appointed Tzachy Givaty as Regional Vice President to lead the company’s regional business development and channel partner expansion efforts. The projects are being deployed in conjunction with Actelis’ local channel partner, Hytec Inter.
PartnersExpand
Growth-Positive
Actelis Networks Announces Appointment of Senior Vice President of Sales for the Americas
Actelis Networks, Inc., a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, has announced the appointment of Bret Harrison as the new Senior Vice President of Sales and Services for the Americas. Harrison will lead the companys business development and channel partner expansion efforts in the region. He is returning to Actelis after a previous 10-year tenure with the company, during which he developed Actelis’ market penetration strategy for North America and built its North American sales group.
Management ChangesExpand
growth-positive
Actelis Selected to Upgrade HVAC Networking Solution for United States Military Under Base Modernization Initiative
Actelis Networks, Inc. has partnered with Jacobs to deploy its hybrid fiber-copper networking solution for the United States militarys HVAC system monitoring and control project. The solution allows for the quick and cost-effective deployment of IoT devices and sensors by maximizing existing network infrastructure. Actelis cyber-hardened network switches and aggregation devices ensure data security, making it suitable for military operations. Jacobs, a professional services company with an annual revenue of approximately $15 billion, is Actelis partner for this project. The partnership aims to modernize on-base operations and provide unified networking solutions for fiber, copper, and coax networks.
Partners
growth-positive
Actelis Networks Launches Nine New High Performance 10Gbps Fiber Optic Product Series Adding to its GigaLine Product Family of Cyber-Hardened, Rapid Deployment Offering
Actelis Networks, Inc. has announced the launch of a new line of advanced fiber optic switching devices, expanding its solutions portfolio for larger networks. The release includes nine new GigaLine product families and over 40 product models, offering a wide range of features and benefits. The new products are designed for mission-critical applications and can be remotely managed using Actelis intelligent software solution. The launch allows Actelis to meet the networking demands of IoT network operators with fiber installed in larger parts of their network. The company aims to provide an end-to-end solution that covers all types of physical infrastructure. The new fiber products offer reliability, security, and major cost savings for customers.
CustomersExpand
growth-positive
Actelis To Present at the LD Micro Invitational XIII
Actelis Networks, Inc. announces its participation in the 13th Annual LD Micro Invitational conference. The CEO of Actelis, Tuvia Barlev, is scheduled to present at the conference, and the company will also be participating in one-on-one meetings with members of the investment community. Actelis Networks is a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications. The companys portfolio includes hybrid fiber-copper switches, high density Ethernet devices, and advanced management software. The announcement indicates positive growth for Actelis Networks.
InvestmentManagement Changes
Actelis Networks Reports Fiscal First Quarter 2023
Actelis Networks Announces Closing of $3.5 Million Private Placement Priced At-the-Market under Nasdaq Rules
Why Are Actelis Networks Shares Trading Higher Today
Actelis Networks Announces $3.5 Million Private Placement Priced At-The-Market Under Nasdaq Rules
growth-positive
Actelis Networks Announces $3.5 Million Private Placement Priced At-The-Market Under Nasdaq Rules
Actelis Networks, Inc. has entered into definitive agreements for a private placement of its common stock and warrants. The purchase price is $3.705 per share, and the gross proceeds to the company are expected to be approximately $3.5 million. The net proceeds will be used for working capital and general corporate purposes. The offering is expected to close on or about May 8, 2023.
Investment
Growth-Positive
Actelis Networks Regains Compliance With Nasdaq Minimum Bid Price Requirement
Actelis Networks, Inc., a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for maintaining the listing of the shares of the Company’s common stock on the Nasdaq Global Capital Market. The company was previously not in compliance as its common stock failed to meet a closing bid price of $1.00 or more for 30 consecutive business days. To regain compliance, the company conducted a 1-for-10 reverse stock split of the shares of the common stock.
Public Trading
What's Happening With Actelis Networks Stock Today
growth-positive
Actelis Networks Showcases New Hybrid Fiber-Copper Solutions Extending Gigabit Speed Connectivity For IoT Applications and 18 Million Multiple Dwelling Units
Actelis Networks, Inc. has announced the introduction of next-generation hybrid fiber-copper solutions for rapid deployment of gigabit connectivity. The GL800 and GL900 product families solve connectivity issues in hard-to-reach locations without disturbing tenants with rewiring. The solutions have been successfully tested with rail and military customers. Actelis will be presenting these solutions at the Broadband Communities Summit.
CustomersPartners
growth-negative
Actelis Networks Announces 1-For-10 Reverse Stock Split to Aid Compliance With Nasdaq Listing Requirements
Actelis Networks, Inc. has announced a 1-for-10 reverse stock split of the companys common stock. The move is aimed at meeting the minimum $1.00 per ordinary share bid requirement under Nasdaq Listing Rule 5550(a)(2) for maintaining the listing of the shares of the Common Stock on the Nasdaq Global Capital Market. The reverse stock split impacts all holders of the Common Stock proportionally and does not impact any stockholder’s percentage ownership of Common Stock. The trading symbol for the Common Stock will remain “ASNS”.
Public Trading
City of West Sacramento Modernizes Traffic Management With Actelis’ Hybrid Fiber-Copper Solutions
Actelis Networks Reports Fiscal Full Year 2022
Neutral
Actelis Networks to Report Fiscal Full Year 2022 Financial Results on Wednesday, March 29, 2023, at 4:30 p.m. ET
Actelis Networks, Inc., a leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, will hold a conference call on March 29, 2023, to discuss its financial results for the fiscal full year ended December 31, 2022. The call will be hosted by Company CEO Tuvia Barlev and CFO Yoav Efron. The conference call will also be broadcast live and available for replay on the Investor Relations section of Actelis Network’s website.
Public Trading
Actelis Strengthens Global Footprint With Appointment Of New Asia-Pacific Regional Vice President
Actelis Selected by the City of Eugene for Traffic Modernization Project
Sidoti's January Micro-Cap Conference
growth-positive
Actelis to Present at the Sidoti Virtual Conference on January 18th, 2023
Actelis Networks, Inc. announced that its CEO and CFO will be presenting at the Sidoti January Micro-Cap Virtual Conference. The event will be held on January 18th and 19th, 2023. Actelis is a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications. The companys unique portfolio of products delivers safer connectivity for rapid, cost-effective deployment. Actelis will also be participating in one-on-one meetings with qualified members of the investment community during the conference.
Investment
Actelis to Present at the Sidoti Virtual Conference on January 18th, 2023
growth-positive
Actelis Selected By Northern Ireland Railways For Safety Critical Project
Actelis Networks has been selected by Northern Ireland Railways (NI Railways) to provide high-speed connectivity for a large-scale safety critical project. NI Railways, a division of Translink, is the major railway operator in Northern Ireland. Actelis solutions will be used to carry data from NI Railways main signaling center to their support offices. The Actelis solution was chosen for its high speed, media flexibility, and reliability. Actelis is serving NI Railways together with its partner, The Kenton Group. This partnership will enable the delivery of IoT and digital applications to support safe and efficient rail travel.
Customers
Actelis Selected By Northern Ireland Railways For Safety Critical Project
growth-positive
Actelis Extends Cyber-Hardened, Fiber-Grade, Rapid Deployment Networking to On Base Facilities Using Existing Infrastructure
Actelis Networks, Inc. is entering the final phase of deployment for a US Military implementation using its technology. The company is working with Communications Construction Services (CCS) to install high-speed and secure networking systems for various divisions of the United States military. The deployment utilizes Actelis unique hybrid fiber-copper networking portfolio, which extends high-speed internet service to military barracks and remote locations, providing cost savings compared to laying new fiber cabling. The project demonstrates Actelis capability to deliver immediate, reliable networking using existing infrastructure. Actelis has also deployed its solutions for other IoT applications in military installations. The deployment is expected to be completed by the end of December 2022 and will total more than $500,000.
CustomersPartners
Actelis Extends Cyber-Hardened, Fiber-Grade, Rapid Deployment Networking to On Base Facilities Using Existing Infrastructure
Actelis Networks, Inc. Authorizes up to $1 Million Share Repurchase Program
Actelis Networks Reports Third Quarter and First Nine Months of Fiscal 2022
growth-positive
Actelis Selects Norseman Defense Technologies As Its Latest US Government Focused Sales Partner
Actelis Networks has selected Norseman Defense Technologies as its authorized sales partner to provide its networking solutions to government agencies and educational institutions. Through the partnership, Actelis products and services have been added to the catalogue of approved products and services of the National Aeronautics and Space Administration (NASA) Solutions for Enterprise-Wide Procurement (SEWP). This partnership allows Actelis to extend its network connectivity solutions to all branches of the US Military and Government. The Actelis solutions provide rapid deployment and high reliability for mission-critical government installations. Norseman has over 30 years of experience as an IT provider and systems integrator to all branches of the US Government.
Partners
growth-negative
Actelis Networks' share price halves after Nasdaq IPO
Actelis Networks, a provider of network solutions for IoT applications, completed an IPO on the Nasdaq Capital Market. However, since the IPO, the stock has lost 50% of its value, resulting in a market cap of $34.7 million. The company raised $16.9 million gross in the IPO. Actelis Networks had revenue of $8.5 million in 2021, but its net loss widened to $5.3 million. The IPO took place on May 18, 2022.
Public TradingInvestment
growth-positive
Actelis Networks, Inc. Announces Closing of Initial Public Offering and Partial Exercise of Over-Allotment Option by Underwriter
Actelis Networks, Inc. has announced the closing of its upsized underwritten initial public offering. The company sold an aggregate of 4,212,500 shares of common stock at a price of $4.00 per share. The net proceeds from the offering were approximately $15.4 million. Actelis Networks intends to use the proceeds for research and development, sales and marketing, general and administrative purposes, capital investments, and working capital. The companys common stock began trading on The Nasdaq Capital Market on May 13, 2022. Boustead Securities, LLC acted as the sole managing underwriter and bookrunner for the IPO.
Public TradingInvestment
growth-positive
Actelis Networks files for Nasdaq IPO
Israeli telecoms equipment company Actelis Networks has filed a prospectus for an IPO on Nasdaq. The company provides high-performance broadband solutions and focuses on markets such as smart transport, railways, and smart cities. Actelis had revenue of $8.5 million in 2021, unchanged from 2020, but its net loss widened to $5.3 million. The IPO is expected to raise a relatively small amount. Boustead Securities is serving as the underwriter for the IPO. Actelis Networks has raised $137 million to date.
Public Trading
growth-positive
חברת ישראלית מציגה: פתרון היברידי לפריסת סיבים אופטיים
חברת אקטליס פיתחה פתרון המבוסס רשת תקשורת היברדית: פריסת סיבים אופטיים בכל מקום שבו הדבר כדאי כלכלית. הטכנולוגיה משדרגת את התשתיות הקיימות ומאפשרת תקשורת באיכות סיב אופטי ובקצבים מהירים ומידיים.
Expand
Actelis Enters Industrial Ethernet Switching Market
Actelis Networks to Introduce Compact, Hardened ML64 at CeBIT: Enables Reliable and Efficient High Performance Ethernet Transport for ITS, Industrial, Utility, Transportation, and Surveillance Networks
growth-positive
Actelis Networks buys Phylogy IP, raises $4.5m
Actelis Networks Inc. has acquired the intellectual property of Phylogy Inc. for an undisclosed sum. The company has also raised $4.5 million from its investors to finance the acquisition and other expenses. Actelis will integrate Phylogys TripleStream DSL technology with its XLR8 Accelerate Everything Ethernet over bonded-copper solutions, enabling Actelis to offer products to the home.
AcquisitionInvestment
http://www.pressreleasepoint.com/actelis-unveils-ml-640-carrier-ethernet-over-copper-switch-creating-intelligent-ethernet-access-edg-0
Actelis secures funding to expand European, North American ambitions
growth-positive
Ethernet co Actelis raises $10m
Actelis Networks Inc. has raised $10 million from its current investors to support the growth and deployment of its Ethernet in the First Mile (EFM) products. The company has signed contracts with 20 new customers, including NetCologne, Telekom Slovenije, and France Telecom-Orange. Actelis is focusing on the US market and aims to take advantage of the $7.2 billion broadband stimulus plan. However, the companys financial situation is a concern for its investors, as it has raised $150 million in eleven years. Actelis is considering options for a semi-exit or a sale of the company.
Investment
growth-positive
Actelis Networks Raises $22 Million to Support Corporate Expansion;Adams Street Partners Leads Prestigious Contingent of Tier-One Firms Investing in Actelis' Corporate Development Initiatives Designed to Strengthen Its Market Leadership Position
Actelis Networks has secured an additional $22 million in private capital in a round led by Adams Street Partners. The investment will support the companys continued corporate development and expansion in the Carrier Ethernet over Copper market. Actelis Networks is recognized as the global leader in this market and is expected to maintain its market share leadership. The Ethernet Access services market is projected to grow to $8 billion annually, and Actelis Networks advanced solutions position it well to capitalize on this growth. The company has recently announced projects with major customers worldwide, further demonstrating its leadership position. The investment will enable Actelis Networks to expand its manufacturing, customer support, and sales capacity globally.
Investment
EETimes - Broadband access gear maker Actelis raises a further $23 million
growth-positive
Actelis about to announce $26m funding round at post-money company value of $110m
Actelis Networks has completed its third financing round, securing $26 million with a post-money company value of $116 million. The round was led by the Carlyle Group, with participation from existing shareholders. Actelis develops technology to transmit data over copper wire at high speeds, aiming to provide broadband with reliability similar to fiber optic networks. Its first commercial product is expected to offer transmission speeds of 45 megabits per second, with plans to achieve speeds of 300 megabits per second by 2003. The company targets telecommunications companies and hopes to sell its products to telcos that want to deploy multiple DSL lines over long distances. Actelis has conducted successful field tests and expects substantial commercial sales in the near future.
Investment
Actelis Draws High-Profile Investors Light Reading
Actelis Networks Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 91 |
| Team members | 6 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 15 classification IDs that could be used for matching.
Actelis Networks Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 92/100 |
| Missing | markets, not claimed |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 512703737 |
| Crunchbase | actelis-networks |
| Phone | +972732376800 |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2024-05-20T00:00:00.000Z |
| Created | 2014-11-11T00:00:00.000Z |
| Status detail | Public on NASDAQ on May, 2022; |