Actelis Networks and Khushi Communications Partner to Enable Expansion of IoT Networks Throughout India
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The partnership between Actelis Networks, Inc. and Khushi Communications Pvt. Ltd. is a strategic move aimed at expanding Actelis' footprint in the Asian market. This region, known for its rapid technological adoption, presents a ripe opportunity for growth in the IoT space. The collaboration is expected to enhance the ability of both companies to provide comprehensive connectivity solutions, which is vital for the development of smart cities and infrastructure.
From a market perspective, the ability to rapidly deploy cost-effective connectivity solutions is a competitive advantage. Actelis' hybrid-fiber networking solutions leverage existing infrastructure, which can significantly reduce capital expenditures for network operators. This cost-saving approach aligns with the increasing demand for budget-friendly technologies in developing markets.
The partnership's focus on sectors such as defense, railways and utilities suggests a targeted approach to capturing market share in verticals with high barriers to entry but long-term revenue potential. By aligning with a local player like Khushi, Actelis may benefit from established relationships and market knowledge, potentially accelerating market penetration and adoption of their IoT solutions.
The announcement of the partnership may have positive implications for Actelis' financial performance. By tapping into Khushi's existing customer base and expertise in the region, Actelis is positioned to increase its revenue streams without the substantial costs associated with establishing a standalone presence. The projected cost savings of up to 90% when using Actelis' technology could translate into higher profit margins for network operators, which might, in turn, lead to increased demand for Actelis' solutions.
Investors should monitor the adoption rate of Actelis' solutions in the new market as it can serve as an indicator of the partnership's success. Additionally, the expansion into the Asian market could diversify Actelis' revenue and reduce its dependency on other markets. However, investors should also consider the risks associated with entering a new market, such as potential regulatory hurdles and competition from established local players.
In the context of IoT applications, the emphasis on cyber-hardened networking solutions is paramount. The partnership highlights Actelis' commitment to providing secure connectivity, which is increasingly important as the deployment of IoT devices expands. The security aspect of Actelis' solutions could be a key differentiator in markets where cyber threats are a growing concern.
For network operators, the assurance of a secure infrastructure can not only protect against data breaches and service disruptions but can also comply with stringent regulatory requirements. The collaboration with Khushi, which serves defense and other sensitive sectors, underscores the importance of robust cybersecurity measures in the solutions offered by Actelis.
While the partnership is poised to address network challenges, it is essential for both Actelis and Khushi to remain vigilant about evolving cyber threats and ensure that their solutions are adaptable to future security demands.
FREMONT, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has entered into a partnership agreement with Khushi Communications Pvt. Ltd. (Khushi), a trusted technology solution provider for communication networks headquartered in New Delhi, India. The agreement gives Actelis a much stronger presence in a strategically important region where it can go to market in partnership with a highly trusted company in the IoT networking space. By partnering together, Actelis and Khushi will help government agencies and private organizations in Asia rapidly deploy connectivity solutions to support access control and surveillance systems, smart transportation systems, utilities monitoring, Gigabit broadband services, and more.
Since its founding in 2015, Khushi has become an important resource for customers looking for innovative connectivity solutions. The company represents best-in-class, industry leading manufacturers, serving the defense, railways, utilities, industrial IoT, and telecom markets. Going forward, Khushi will have the advantage of utilizing Actelis’ hybrid-fiber networking solutions to help its customers expand their IoT networks faster and more cost-effectively.
“Khushi is an ideal partner for Actelis in a region that we’ve identified as very important to our success,” said Tuvia Barlev, Chairman & CEO of Actelis. “They have positioned themselves very well in verticals that match perfectly with our IoT solutions portfolio.”
The expansion of IoT networks requires reliable and secure fiber-grade connectivity, which is enabled rapidly by the Actelis solution using the existing fiber, copper, or coax already in the network. By maximizing the existing network infrastructure, engineering and construction activities are eliminated, and network operators save approximately
“The Actelis solution is very unique and solves so many network challenges,” said Prem Sethi, Managing Director at Khushi Communications. “We are very pleased that we can now offer this solution to our customers to help them quickly expand their networks and maximize their budgets.”
About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in cyber-hardened, rapid-deployment networking solutions for wide-area IoT applications including federal, state and local government, ITS, military, utility, rail, telecom and campus applications. Actelis’ unique portfolio of hybrid fiber-copper, environmentally hardened aggregation switches, high density Ethernet devices, advanced management software and cyber-protection capabilities, unlocks the hidden value of essential networks, delivering safer connectivity for rapid, cost-effective deployment. For more information, please visit www.actelis.com.
About Khushi Communications
Khushi Communications is a technological solutions provider of Timing & Synchronization, Ethernet Switches, Test & Measurement and Network Monitoring Solutions. Bringing the latest and futuristic solutions offering in partnership with their renowned and innovative Partners, they are poised to serve Design & Development Labs, Railways, System Integrators, Utilities, Research & Scientific Institutes, Military, Government among others. Throughout their journey, they have been poised, innovative and responsive towards needs and expectations of their customers and partners. For more information, please visit www.khushicomms.com.
Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
Media Contact:
Sean Renn
Global VP Marketing & Communications
srenn@actelis.com
Investor Relations Contact:
Kirin Smith
PCG Advisory, Inc.
Ksmith@pcgadvisory.com
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