Welcome to our dedicated page for Actelis Networks news (Ticker: ASNS), a resource for investors and traders seeking the latest updates and insights on Actelis Networks stock.
Actelis Networks, Inc. (NASDAQ: ASNS) delivers cyber-hardened hybrid networking solutions that transform existing infrastructure into secure, high-performance assets for critical IoT deployments. This news hub provides investors and technology professionals with essential updates on the company's innovations in fiber-copper integration, cybersecurity advancements, and infrastructure modernization projects.
Access timely announcements including earnings reports, product launches, strategic partnerships, and government contracts. Our curated collection features developments in AI-driven network security, smart city deployments, and mission-critical communication systems. Stay informed about ASNS's progress in enabling secure broadband connectivity across transportation networks, utility grids, and defense applications.
Key updates cover the company's patented MetaShield technology, hybrid network expansion initiatives, and recognition in cybersecurity standards. Bookmark this page for consolidated access to Actelis Networks' official communications and market-moving developments in intelligent infrastructure solutions.
Actelis Networks (NASDAQ: ASNS) has secured a new order to modernize Orange County, California's intelligent transportation system infrastructure through its partner Western Systems. The company will provide advanced cyber-hardened networking solutions to enable secure, high-speed connectivity for traffic management systems across the region.
This deployment represents a significant expansion in California's transportation infrastructure, serving a county with over 3 million residents. Actelis' hybrid-fiber networking solutions allow transportation authorities to achieve fiber-grade performance while utilizing existing infrastructure, reducing deployment time and cost.
The company's technology is designed to withstand harsh roadside environments while providing military-grade security protection. This order follows recent deployments in major cities including Washington D.C., Seattle, and Ventura County, demonstrating continued momentum in the intelligent transportation systems market.
Actelis Networks (NASDAQ: ASNS) has secured new orders worth $140,000 to deploy its GigaLine 800 (GL800) networking solution for modernizing U.S. military bases. The technology will provide cyber-hardened, gigabit-speed connectivity across Army, Navy, and Air Force installations.
The GL800 solution enables secure, multi-gigabit connectivity over existing wiring infrastructure, allowing for rapid deployment without extensive construction. Key features include:
- Department of Defense-certified security with JITC FIPS certification
- Advanced remote monitoring via Actelis' Element Management System
- Metashield Cyber protection SaaS offering
- Overnight deployment capabilities
The implementation will support military base modernization initiatives, enhancing connectivity for barracks, information centers, and other facilities. The project is being executed in collaboration with Communication Construction Services (CCS) and a major Military carrier.
Actelis Networks (NASDAQ: ASNS) has secured a new order from a major North American railway group to support their Positive Train Control (PTC) system implementation. The order focuses on deploying safety systems across challenging track sections.
PTC technology automatically prevents train-to-train collisions, derailments from excessive speed, and movement through incorrectly positioned switches. The railway selected Actelis' solution for its ability to:
- Deliver fiber-grade performance through existing infrastructure
- Provide uninterrupted connectivity during extreme weather
- Enable rapid deployment without extensive new wiring
- Support mission-critical systems with military-grade security
The hybrid-fiber networking technology maximizes bandwidth over existing copper infrastructure while incorporating wireless and fiber connections for network diversity, ensuring essential redundancy for safety-critical systems.
Actelis Networks (NASDAQ: ASNS) reported strong financial results for 2024, with revenue increasing 38% to $7.8 million from $5.6 million in 2023. The company achieved significant improvements in key metrics, including a 125% increase in gross margin to 55% and a 67% reduction in loss per share to $0.85.
Notable achievements include a 150% year-over-year growth in Federal and Military sector orders, successful expansion in the Multi-Dwelling Unit market with the GigaLine 900 solution, and continued development of the MetaShield cybersecurity offering. Operating expenses declined by 13% year-over-year through strategic cost management initiatives.
The company's net loss decreased to $4.4 million from $6.3 million, while EBITDA loss improved from $6.1 million to $3.5 million. Actelis has nearly eliminated its debt, with only a $0.77 million bank credit line remaining, improving financial flexibility for future growth initiatives.
Actelis Networks (NASDAQ:ASNS), a provider of cyber-hardened networking solutions for IoT and broadband applications, has scheduled the release of its annual 2024 financial results for Monday, March 24, 2025. The company will host a conference call on the same day at 5 p.m. Eastern time.
The earnings call will feature CEO Tuvia Barlev and Deputy CEO/CFO Yoav Efron, who will discuss business performance and financial results. Participants can join via webcast or dial-in, with options available for both U.S./Canada (toll-free) and international callers. A transcript will be made available within 24-48 hours after the call on the company's investor relations website.
Actelis Networks (NASDAQ:ASNS) has secured a follow-on order from a Hungarian utility provider to expand its cyber-hardened networking solutions deployment. This order extends their initial engagement from October 2023, where Actelis was chosen to provide advanced hybrid fiber networking technology.
The expansion will enhance secure communications and high-speed data transmission capabilities across additional locations, supporting the utility's critical infrastructure monitoring and control systems. The solution enables rapid extension of fiber-grade connectivity while utilizing existing infrastructure, offering a cost-effective approach to modernizing large-scale utility networks.
Actelis' technology, which is deployed across transportation, energy, government, and military sectors, delivers secure and high-performance communications solutions for IoT and broadband applications.
Actelis Networks (NASDAQ:ASNS) has secured an order for the County of Ventura California's Systemic Countywide Signalized Intersection Improvement Project, aimed at modernizing traffic signal communications across the county. The company's advanced networking technology will enable high-speed, secure data transmission between traffic management centers and signalized intersections.
Actelis is working with its long-time partner, Crosstown Electrical & Data, Inc., which was awarded the County's bid. Crosstown, a Southern California contractor specializing in Intelligent Transportation Systems (ITS), will implement Actelis' solutions to enable secure communications across the traffic signals network.
According to Tuvia Barlev, Chairman and CEO of Actelis, their technology will allow the County to rapidly upgrade their network with minimal disruption, ensuring secure, real-time data transmission that enhances roadway safety and efficiency.
Actelis Networks (NASDAQ:ASNS) has appointed Julie Kunstler as an independent director to its Board of Directors, effective immediately. Kunstler brings over 30 years of experience in communications components, broadband access equipment sectors, and strategic corporate positioning.
Kunstler currently serves on the board of Ethernity Networks and previously served on TTI Team Telecom International's board until its acquisition in 2010. She recently served as Chief Analyst for the Broadband Access Intelligence Service at Omdia, and previously as Vice President of Business Development at Teknovus, where she contributed to its acquisition by Broadcom. She also co-founded Portview Communications Partners, a venture capital fund focused on communications technology.
The appointment strengthens Actelis' leadership in cyber-hardened hybrid-fiber networking solutions. Kunstler, who holds an MBA from the University of Chicago, received the Fiber Lifetime Achievement Award from the Fiber Broadband Association in July 2024.
Actelis Networks (NASDAQ:ASNS) has appointed Dr. Niel Ransom, an industry veteran with nearly five decades of experience in networking and communications technology, to its Board of Directors, effective immediately. Dr. Ransom brings extensive expertise from his career at Bell Labs, BellSouth, and as Corporate CTO of Alcatel, where he led global R&D investments and M&A strategy.
The appointment follows the retirement of Joseph Moscovitz from the Actelis Board, effective February 1, 2025. Dr. Ransom's experience spans optical networking, mobile edge computing, and broadband access solutions. He has served on boards of multiple public companies and was recently a Partner at Celesta Capital. He holds a Ph.D. in Electrical Engineering from Notre Dame and an MBA from the University of Chicago.
Actelis Networks (NASDAQ:ASNS) has secured a six-figure USD renewal order from Kenton Group for support services of hybrid networking systems for UK transport authorities. The order is linked to the modernization of the National Roads Telecommunications Service (NRTS), which connects over 36,000 services across England's Strategic Road Network.
The company's hybrid fiber solutions leverage existing infrastructure to support smart road technologies, including Vehicle-to-Everything (V2X) and automated systems. This order positions Actelis for potential opportunities in the anticipated NRTS-3 phase, which aims to further modernize the UK's transport network with advanced digital services.
The announcement follows recent orders from Washington D.C. Department of Transportation and the City of Seattle, demonstrating Actelis' expanding presence in delivering hybrid fiber networking solutions for Intelligent Transportation Systems.
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