Ceragon Secures $4.1 Million Agreement to Power Mission-Critical Infrastructure for Leading North American Oil & Gas Producer

Rhea-AI Summary

Ceragon has secured a $4.1 million agreement with a leading North American oil & gas producer through its newly acquired systems integration business, E2E by Ceragon. The company will implement a comprehensive operational technology network infrastructure across more than 100 mission-critical sites.

The project involves designing, building, and commissioning turnkey solutions using advanced wireless technologies for critical security, safety, and operational communications. Revenue recognition is expected within the next three quarters, with potential for additional opportunities in 2026 at similar or larger scale.

CEO Doron Arazi highlighted that this agreement demonstrates the strategic value of their recent E2E Technologies acquisition. The deal strengthens Ceragon's position in the private network ecosystem, particularly for complex, mission-critical infrastructure projects.

Positive

• $4.1M new contract secured with major North American oil & gas producer
• Project revenue recognition expected within next 3 quarters
• Potential for additional larger contracts in 2026
• Strategic expansion into OT network infrastructure through E2E acquisition showing results
• Project covers 100+ mission-critical sites, demonstrating scale capability

Negative

• Revenue from contract spread across 3 quarters rather than immediate recognition
• Future opportunities in 2026 are speculative and not guaranteed

Insights

Financial Analyst

Ceragon lands $4.1M deal, validating E2E acquisition with potential for larger future opportunities.

Ceragon has secured a $4.1 million agreement with a leading North American oil & gas production company through its recently acquired E2E systems integration business. This contract involves designing, building, and commissioning network infrastructure across more than 100 mission-critical sites to enable essential security, safety, and operational communications.

The financial impact has clearly defined parameters, with revenue recognition expected within the coming three quarters. This provides near-term visibility for the company's performance following their E2E Technologies acquisition.

While the immediate financial impact is modest, the strategic implications appear more significant. The press release explicitly states this successful execution "may open the door to additional opportunities in 2026, including projects at similar or even larger magnitude," suggesting potential for pipeline expansion beyond the initial contract value.

This agreement represents an important validation of Ceragon's acquisition strategy, demonstrating the company's ability to leverage E2E's capabilities to penetrate the industrial connectivity market. By expanding into private networks for critical infrastructure, Ceragon is diversifying beyond its traditional business areas into potentially higher-value integrated solutions.

Tech Industry Analyst

Ceragon expands into industrial connectivity through E2E acquisition, demonstrating turnkey capabilities for mission-critical infrastructure.

This $4.1 million agreement represents Ceragon's strategic expansion into the industrial connectivity sector following its E2E Technologies acquisition. The comprehensive scope - covering network infrastructure across over 100 mission-critical sites for a leading oil & gas producer - demonstrates Ceragon's ability to deliver complex integration projects beyond its traditional wireless offerings.

The turnkey solution approach, including design, build, and commissioning services, positions Ceragon in the growing market for private networks supporting operational technology (OT) infrastructure. This represents a higher-value services offering compared to equipment-only sales.

As CEO Doron Arazi explicitly states in the release, this agreement "underscores the strategic importance of our recent E2E Technologies acquisition" - confirming the company's intent to leverage these capabilities for addressing "the evolving demands of digital transformation" in critical infrastructure sectors.

The potential for follow-on opportunities mentioned in the release suggests this contract could serve as an entry point into a broader relationship with this customer and similar industrial operations. By establishing credibility in the private network ecosystem for critical infrastructure, Ceragon positions itself in a specialized market segment with stringent reliability and security requirements.

Ceragon to deliver turnkey industrial connectivity and infrastructure solutions for essential operations

ROSH HA'AIN, Israel, April 30, 2025 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), a leading solutions provider of end-to-end wireless connectivity, announces that its recently acquired systems integration business, E2E by Ceragon, has closed a $4.1 million agreement with a leading North American oil & gas production company.

 

 

Under the agreement, E2E by Ceragon will design, build, and commission a comprehensive operational technology (OT) network infrastructure across more than 100 mission-critical sites. The turnkey solution will use advanced wireless technologies to enable critical security, safety, and operational communications.

Ceragon is expected to deliver this project and recognize revenues within the coming 3 quarters.

The successful execution of this project may open the door to additional opportunities in 2026, including projects at similar or even larger magnitude.

"Our ability to deliver a comprehensive, reliable end-to-end network solution for such critical infrastructure underscores the strategic importance of our recent E2E Technologies acquisition," said Doron Arazi, Ceragon CEO.

This agreement reinforces Ceragon's position as a trusted partner for customers tackling complex, mission-critical challenges, particularly in the private network ecosystem. Looking ahead, Ceragon remains dedicated to driving the future of critical industry networks by combining advanced technologies, integration expertise, and network management capabilities to address the evolving demands of digital transformation.

About Ceragon

Ceragon (NASDAQ: CRNT) is the global innovator and leading solutions provider of end-to-end wireless connectivity, specializing in transport, access, and AI-powered managed & professional services. Through our commitment to excellence, we empower customers to elevate operational efficiency and enrich the quality of experience for their end users.

Our customers include service providers, utilities, public safety organizations, government agencies, energy companies, and more, who rely on our wireless expertise and cutting-edge solutions for 5G & 4G broadband wireless connectivity, mission-critical services, and an array of applications that harness our ultra-high reliability and speed. Ceragon solutions are deployed by more than 600 service providers, as well as more than 1,600 private network owners, in more than 130 countries. Through our innovative, end-to-end solutions, covering hardware, software, and managed & professional services, we enable our customers to embrace the future of wireless technology with confidence, shaping the next generation of connectivity and service delivery. Ceragon delivers extremely reliable, fast to deploy, high-capacity wireless solutions for a wide range of communication network use cases, optimized to lower TCO through minimal use of spectrum, power, real estate, and labor resources – driving simple, quick, and cost-effective network modernization and positioning Ceragon as a leading solutions provider for the "connectivity everywhere" era.

For more information please visit: www.ceragon.com.

Ceragon Networks® and FibeAir® are registered trademarks of Ceragon Networks Ltd. in the United States and other countries. CERAGON® is a trademark of Ceragon, registered in various countries. Other names mentioned are owned by their respective holders.

Safe Harbor

This press release contains statements that constitute "forward-looking statements" within the meaning of the Securities Act of 1933, as amended and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations and assumptions of Ceragon's management about Ceragon's business, financial condition, results of operations, micro and macro market trends and other issues addressed or reflected therein. Examples of forward-looking statements include, but are not limited to, statements regarding: projections of demand, revenues, net income, gross margin, capital expenditures and liquidity, competitive pressures, order timing, supply chain and shipping, components availability, growth prospects, product development, financial resources, cost savings and other financial and market matters. You may identify these and other forward-looking statements by the use of words such as "may", "plans", "anticipates", "believes", "estimates", "targets", "expects", "intends", "potential" or the negative of such terms, or other comparable terminology, although not all forward-looking statements contain these identifying words.

Although we believe that the projections reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations therefrom will not be material. Such forward-looking statements involve known and unknown risks and uncertainties that may cause Ceragon's future results or performance to differ materially from those anticipated, expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: the effects of the evolving nature of the war situation in Israel and the related evolving regional conflicts; the company's ability to successfully develop, introduce, market, and sell new products; the effects of global economic trends, including recession, rising inflation, rising interest rates, commodity price increases and fluctuations, commodity shortages and exposure to economic slowdown; risks associated with integration and deployment of acquired businesses; risks resulting from the volatility in our revenues, margins and working capital needs; the high volatility in the supply needs of our customers, which from time to time lead to delivery issues and may lead to us being unable to timely fulfil our customer commitments.

We caution you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Ceragon does not assume any obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release unless required by law.

While we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, about which we cannot be certain. In addition, any forward-looking statements represent Ceragon's views only as of the date of this press release and should not be relied upon as representing its views as of any subsequent date. Ceragon does not assume any obligation to update any forward-looking statements unless required by law.

Ceragon's public filings are available on the Securities and Exchange Commission's website at www.sec.gov and may also be obtained from Ceragon's website at www.ceragon.com.

Logo: https://mma.prnewswire.com/media/1704355/Ceragon_Networks_Ltd_Logo.jpg

Investor Contact:

Rob Fink 
FNK IR
+1-646-809-4048

Joey Delahoussaye
FNK IR
+1-312-809-1087

crnt@fnkir.com

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SOURCE Ceragon Networks Ltd.

FAQ

How much is Ceragon's (CRNT) new oil & gas infrastructure contract worth in 2025?

Ceragon (CRNT) secured a $4.1 million agreement with a leading North American oil & gas producer to deliver network infrastructure across 100+ mission-critical sites.

When will Ceragon (CRNT) recognize revenue from the $4.1M oil & gas deal?

Ceragon will deliver the project and recognize revenues within the coming 3 quarters from April 30, 2025.

What services will Ceragon (CRNT) provide in the $4.1M North American oil & gas contract?

Ceragon's E2E division will design, build, and commission comprehensive operational technology network infrastructure, providing security, safety, and operational communications using advanced wireless technologies.

What are the potential future opportunities for Ceragon (CRNT) from this oil & gas deal?

Successful execution may lead to additional opportunities in 2026, including projects of similar or larger magnitude than the current $4.1 million agreement.

How does the E2E acquisition benefit Ceragon's (CRNT) business in 2025?

The E2E acquisition enables Ceragon to deliver comprehensive end-to-end network solutions for critical infrastructure, as demonstrated by this $4.1 million oil & gas contract.