Actelis Networks, Inc. - Common Stock (ASNS)

Market News Alerts Reports: Actelis Networks (NASDAQASNS), a company specializing in cyber-hardened hybrid-fiber networking solutions, has announced a six-figure order renewal ahead of the next phase of the UK’s National Roads Telecommunications Service (NRTS). While specific terms of the deal were not disclosed, this order is part of ongoing efforts to modernize the digital infrastructure of England’s Strategic Road Network (SRN) and may signal Actelis’ potential future involvement in the program’s next phases – which seem to be quite expansive. This could why Actelis says this order “positions the company for major future opportunities”.

Market News Alerts updates that Litchfield Hills analyst Theodore O’Neill initiated coverage of Actelis Networks (Nasdaq:ASNS). The firm’s price target on Actelis Networks is $5 and the firm gave Actelis’ stock a buy rating. The report emphasizes Actelis’ global reach, serving over 300 customers across 30 countries, and its blue-chip client list that includes government agencies, transportation authorities, and defense organizations. Notably, recent deployments, such as modernizing Washington, D.C.'s traffic network, show the reliability and versatility of its solutions. The report further highlights Actelis' "well-protected technology moat," supported by 31 granted U.S. patents and proprietary trade secrets, which give the company a unique edge in a competitive market. The report also noted Actelis’ "Cyber Aware Networking" initiative, which integrates AI-driven cybersecurity into its networking solutions.

Actelis operates at the intersection of rapidly growing industries, including smart cities, cybersecurity, and critical infrastructure modernization. The company’s hybrid-fiber technology, which combines the speed and reliability of fiber-grade connectivity with the cost-effectiveness of leveraging existing copper infrastructure, has proven indispensable for cities and government entities seeking efficient solutions for upgrading aging networks. In 2024, Actelis introduced its “Cyber Aware Networking” initiative, an AI-driven software component it is collaborating on that adds an additional layer of cybersecurity to its networking solutions. This software continuously monitors for and mitigates cyber threats, addressing vulnerabilities in real-time, especially at the edge of IoT networks.

Actelis Networks (NASDAQASNS) has announced the receipt of expansion orders from the Washington DC Department of Transportation (DDOT), marking a significant step in the ongoing modernization of the city's critical infrastructure. These new orders build on a previously announced $2.3 million project from May 2024, emphasizing Actelis' role as a trusted partner in enhancing transportation systems in the nation’s capital.

Actelis Networks (NASDAQASNS) is seeing strong industry interest in its GigaLine 900 (GL900) broadband solution, a technology that could address a critical need in America’s 23 million multi-dwelling units (MDUs). The GL900 has gained traction as a low-power, high-performance option for delivering fiber-grade internet speeds using existing copper or coax wiring, eliminating the cost and complexity of rewiring older buildings. This technology offers broadband providers an alternative solution that can be deployed quickly, allowing for high-speed internet access in buildings where traditional fiber solutions are not feasible.

Actelis Networks (NASDAQASNS) recently announced a follow-on order from a U.S. Department of Transportation aerial agency, extending its influence within the nation's transportation sector. The new expansion underscores Actelis' role as a trusted provider of hybrid-fiber connectivity solutions, delivering reliable, high-bandwidth networks to support air traffic radar backhaul and other mission-critical applications.

Actelis Networks (NASDAQASNS) a leader in hybrid-fiber networking solutions designed for IoT applications and cyber-hardened environments, has announced a $200,000 order from the U.S. Department of Military Affairs. This order will enable a U.S. Army National Guard base to modernize its network infrastructure using Actelis’ cutting-edge hybrid-fiber technology. This development is a continuation of Actelis’ growing influence in the federal government and military sectors, highlighting its reputation for delivering rapid, secure, and cost-effective networking solutions.

What made Actelis Networks’ stock (NASDAQASNS) soar in after-hours trading? And what is ‘Cyber Aware Networking’?

NEW YORK, NY / ACCESSWIRE / August 14, 2024 / Actelis Networks Inc (NASDAQASNS) is a market leader in cyber-hardened, rapid-deployment hybrid fiber networking solutions for wide-area IoT applications including federal, state and local government, ITS, military, utility, rail, telecom and campus applications. The company will be available for 1-on-1 meetings throughout the day in addition to their presentation.

In a milestone that highlights the escalating need for robust cybersecurity in the utility sector, Actelis Networks (NASDAQASNS), a frontrunner in cyber-hardened, rapid-deployment networking solutions for IoT applications, has secured major contracts for two leading German utility providers. This development reinforces Actelis' expanding influence in Europe and underscores its critical role in safeguarding essential infrastructure amid rising cyber threats.

In today's digital landscape, where robust cybersecurity and swift implementation of networking solutions are critical, Actelis Networks, Inc. (NASDAQASNS) has emerged as a key player in delivering these crucial services. The firm has recently hit a notable milestone, securing orders exceeding $150,000 for their state-of-the-art GigaLine 800 (GL800) networking platform. This substantial order, for a top-tier military contractor, highlights Actelis' growing prominence in defense-related markets. The company's rising influence is further bolstered by its recent achievements, including certifications from the National Institute of Standards and Technology (NIST) for FIPS compliance, approval from the Joint Interoperability Test Command (JITC), and its inclusion in the U.S. Department of Defense's roster of Approved Products.

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NEW YORK, NY - (NewMediaWire) - May 31, 2024 - ILUS International Inc. (OTC: ILUS) is a mergers and acquisitions company focused on acquiring and growing businesses in the public safety and industrial sectors. The company recently signed a binding term sheet with Actelis Networks, Inc. (NASDAQASNS) for ASNS to acquire its 61% stake in the ILUS Industrial subsidiary, Quality Industrial Corp (OTC: QIND), subject to customary terms for closing.