Actelis Networks Wins Order for Caltrans, California Department of Transportation, Highway Modernization in San Mateo County, California

Actelis Networks (NASDAQ: ASNS) won an order to supply its hybrid fiber-copper MetaLight networking solution for a Caltrans modernization project in San Mateo County on March 2, 2026.

Rhea-AI Summary

Actelis Networks (NASDAQ: ASNS) won an order to supply its hybrid fiber-copper MetaLight networking solution for a Caltrans modernization project in San Mateo County on March 2, 2026.

The order supports part of an approximately $120 million state route upgrade and builds on 2025 government wins in Orange County, Ventura County and Washington, D.C.

Positive

• Caltrans order supporting an approximately $120 million modernization project
• Expanded government footprint with recent 2025 wins in Orange County, Ventura County, and Washington, D.C.
• Fast deployment MetaLight delivers fiber-grade connectivity over existing copper, reducing trenching time and cost

Negative

• Order value undisclosed, revenue and timing impact on ASNS unclear
• No financial guidance provided tying the Caltrans award to near-term revenue or margins

Argus Mar 2 session

+1.95% close to close Open Argus

Details

News Market Reaction – ASNS

On Mar 2, the day this news came out, ASNS closed 1.95% above the previous close.

Data tracked by StockTitan Argus for the Mar 2 session.

Key Figures

Project value: $120 million Market size: $90 billion Year: 2025 +1 more

Project value

$120 million

Caltrans state route modernization initiative in San Mateo County

Market size

$90 billion

Estimated 2026 North American smart transportation market demand

Year

2025

Year when multiple U.S. transportation orders were secured

Year

2026

Polaris Market Research smart transportation market estimate year

Historical Context

5 past events · Latest: Jan 30

5 events

1. Jan 30

   Infrastructure order win

   24h Move

   -2.9%

   Expansion order from major European natural gas operator for pipeline networking.

2. Jan 29

   Carrier expansion order

   24h Move

   +4.0%

   New orders from major U.S. carrier expanding legacy T1 modernization deployment.

3. Jan 26

   Municipal project win

   24h Move

   -3.2%

   Order for ethernet and optical gear for Chino, California modernization project.

4. Jan 15

   FAA order completion

   24h Move

   +9.5%

   Completion of approximately $0.5M FAA air traffic control modernization order.

5. Jan 13

   Shareholder letter

   24h Move

   -8.1%

   CEO letter outlining 2025 progress and 2026 priorities and tailwinds.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

hybrid fiber-copper, iot, ethernet access device, edge-ai, +3 more

7 terms

hybrid fiber-copper technical

"adopting Actelis' hybrid fiber-copper networking solutions"

A hybrid fiber-copper network uses fast fiber optic cable for the main stretches of data transmission and existing copper wires for the final connection to homes or businesses, like a highway feeding into neighborhood streets. For investors, it signals a balance between lower upgrade costs and improved service: it can deliver much higher speeds than all-copper systems without the full expense of replacing every last connection, affecting cash needs, competitive positioning and potential revenue growth.

iot technical

"networking solutions for IoT and broadband applications"

The Internet of Things (IoT) describes a network of everyday devices—such as appliances, vehicles, and equipment—that are connected to the internet and can share data automatically. For investors, IoT represents a growing trend that can drive efficiency and innovation across many industries, potentially creating new opportunities for growth and value. Its expansion influences how companies operate and compete in a digitally connected world.

ethernet access device technical

"The compact, feature-rich, hybrid fiber Ethernet Access Device is installed"

An ethernet access device is a piece of network hardware that provides a physical connection for computers or equipment to reach a local network or the internet, similar to an electrical outlet that you plug devices into to get power. For investors, it matters because these devices are the gateway for delivered services and can drive sales, recurring service fees, upgrade cycles, and customer experience metrics that affect a provider’s revenue and competitive position.

edge-ai technical

"built to support Edge-AI in cameras and sensors" said Tuvia Barlev"

Edge-AI is running artificial intelligence tasks directly on local devices — like phones, factory sensors, or cameras — instead of sending data to remote cloud servers. For investors, this matters because it can lower costs, reduce delays, improve privacy, and create demand for specialized chips, software and services, so companies that enable or adopt edge-AI can gain competitive advantages in speed, efficiency and new product opportunities.

traffic management centers technical

"enable high-speed, reliable data transmission between traffic management centers and"

Traffic management centers are centralized control hubs that monitor and direct the flow of vehicles on roads and highways using cameras, sensors, digital signs and communications. Think of them as a city’s air-traffic control for cars: they detect congestion, coordinate signal timing, dispatch responses to incidents and provide real-time travel information. For investors, they matter because they drive demand for infrastructure hardware, software and services, influence transportation efficiency and safety, and can affect public spending, maintenance contracts and smart-city revenue opportunities.

drop-and-continue topologies technical

"Designed for demanding roadside environments, it supports drop-and-continue topologies that"

Drop-and-continue topology is a network layout where a main transmission line runs past multiple connection points and each device or node taps into that line in sequence, like houses taking water from a single pipeline. For investors, it matters because this design affects capacity, reliability and upgrade costs of communications or sensor networks—single-line faults can impact many users, and adding capacity often requires work on the shared backbone, influencing operational risk and capital needs.

broadband technical

"networking solutions for IoT and broadband applications, today announced that it has"

Broadband is high-speed internet service that carries large amounts of data quickly over wires, fiber, or wireless networks — think of it as a multi-lane highway for online traffic. For investors it matters because broadband availability, speed, and capacity drive consumer and business demand, influence revenue potential and pricing power, and require significant infrastructure investment and regulatory decisions that affect a provider’s growth and profitability.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Company Continues Streak of States, Counties, and Cities Adopting Actelis' Hybrid Fiber-Copper Networking Solutions

Sunnyvale, Calif., March 02, 2026 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid-deployment networking solutions for IoT and broadband applications, today announced that it has received an order to supply its hybrid fiber-copper networking solution in support of a major California Department of Transportation (Caltrans) infrastructure modernization project in San Mateo County. The order continues a pattern of growing adoption of Actelis' solutions by government transportation agencies across the United States.

This Caltrans order adds to a series of recent wins that reflect the Company's deepening footprint in the government transportation sector. In 2025 alone, Actelis secured orders from Orange County and Ventura County in California, follow-on orders from the Washington, D.C. Department of Transportation, and deployments across multiple other U.S. municipalities and transportation authorities. According to Polaris Market Research, the North American market demand for smart transportation is estimated to be worth nearly $90 billion in 2026. The Company believes this growing success in government transportation contracts reflects broad validation of its technology and positions Actelis for continued expansion within this sector, as demand for speed, cyber-safety and cost-effective networking solutions deployed rapidly increases with the need to drive AI to the edge

"This order is another layer of our accelerating momentum across U.S. government transportation agencies, where Actelis is becoming the go-to solution for intelligent transportation infrastructure modernization as it becomes further digitized, cyber-safe and built to support Edge-AI in cameras and sensors" said Tuvia Barlev, Chairman and CEO of Actelis. "From Washington, D.C. to Orange County, Seattle, and now Caltrans in San Mateo County, transportation authorities at every level of government are choosing our hybrid fiber-copper approach because it delivers immediate, measurable results over existing infrastructure, at a fraction of the time and cost of traditional fiber deployment."

The order supports a part of a Caltrans project, an approximately $120 million modernization initiative on a state route in San Mateo County, including traffic signal and monitoring systems across this critical corridor on the San Francisco Peninsula. In this project, Actelis' MetaLight solutions will be deployed as part of the traffic management and communications infrastructure component of the upgrade.

The compact, feature-rich, hybrid fiber Ethernet Access Device is installed within minutes and delivers secure, fiber-grade connectivity over existing copper infrastructure at a fraction of the cost of new fiber infrastructure. Designed for demanding roadside environments, it supports drop-and-continue topologies that enable high-speed, reliable data transmission between traffic management centers and distributed field devices such as traffic signals, cameras, and monitoring stations, without the cost and disruption of new fiber trenching.

About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including government, ITS, military, utility, rail, telecom, and campus networks. Actelis' innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Through its "Cyber Aware Networking" initiative, Actelis also provides AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience. For more information, please visit www.actelis.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," “looking forward,” and similar expressions that are intended to identify forward-looking statements. Forward-looking statements in this press release include, for example, statements regarding the expected deployment and performance of Actelis' ML684M solution within the SR-82 project, the anticipated contribution of this order to the Company's revenue, the Company's expectations regarding its growing presence in California's intelligent transportation systems market, and the Company's belief that its technology will continue to be recognized as a trusted solution for ITS communications infrastructure. 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 could 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.


Investor Relations Contact
Arx Investor Relations
North American Equities Desk
actelis@arxhq.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Actelis (ASNS) announce about the Caltrans San Mateo County project on March 2, 2026?

Actelis announced an order to deploy its MetaLight hybrid fiber-copper solution as part of a Caltrans San Mateo County modernization project. According to the company, the work supports part of an approximately $120 million state route upgrade including traffic signal and monitoring systems.

How does Actelis' MetaLight solution benefit Caltrans in the San Mateo County upgrade (ASNS)?

MetaLight provides fiber-grade connectivity over existing copper, reducing installation time and cost. According to the company, the device installs in minutes and supports drop-and-continue topologies for traffic signals, cameras, and roadside sensors without new fiber trenching.

Does the Caltrans order significantly change Actelis' (ASNS) government business footprint?

Yes, the Caltrans win extends Actelis' presence in U.S. transportation agencies following 2025 orders from Orange County, Ventura County, and Washington, D.C. According to the company, this reflects growing adoption across state and local transportation authorities.

What portion of the $120 million Caltrans project will Actelis serve for ASNS?

The company said the order supports a part of the approximately $120 million modernization initiative on a state route in San Mateo County. According to the company, Actelis' scope covers traffic management and communications components, but the exact contract value was not disclosed.

Will the Caltrans order materially affect Actelis' (ASNS) 2026 revenue guidance?

The announcement does not provide explicit guidance or quantified revenue impact for 2026. According to the company, the order enhances its government pipeline, but the firm did not disclose contract value or timing to determine near-term revenue effects.

How does Actelis position its technology for transportation agencies like Caltrans (ASNS)?

Actelis positions MetaLight as a cyber-hardened, rapid-deployment option that supports Edge-AI and secure communications for roadside devices. According to the company, agencies choose the hybrid approach for speed, cost savings, and minimal disruption versus new fiber deployment.