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I did additional DD and love their new presentation which can be reviewed at this link --- https://www.otcmarkets.com/filing/html?id=17775556&guid=avO-kpdTpE4FJth
Slow and steady my long-term target is $15.
News: Actelis Announces Strategic Partnership to Launch AI-Powered Cybersecurity SaaS for IoT Networks
Actelis Networks, Inc.
Mon, Aug 19, 2024, 4:05 PM EDT
In this article:
ASNS
+16.19%
Actelis Networks, Inc. New collaboration strengthens Actelis' cybersecurity offerings with an AI-powered SaaS layer for protecting IoT devices at the network edge as part of its ‘Cyber Aware Networking’ architecture, adding recurring software revenues from both existing and new deployments.
FREMONT, Calif., Aug. 19, 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 a strategic partnership with an advanced cybersecurity provider to develop and deliver a novel, AI-Powered SaaS offering, under Actelis’ ‘Cyber Aware Networking’ initiative. This software, designed as an intelligence layer integrated into Actelis’ networking devices, leverages the network’s power and proximity to IoT devices to monitor and protect physical assets such as cameras, sensors, and other devices at the edge, enabling corrective actions before issues propagate throughout the network.
Actelis’ ‘Cyber Aware Networking’ enhances the security, efficiency, and operational continuity of IoT networks by providing enterprise-grade AI Asset Intelligence & Threat Management capabilities delivered directly through the network. Actelis will launch this patented AI-powered cybersecurity software into its already robust, DoD-certified networking solutions, which will enhance Actelis' offer of comprehensive, secure, and scalable IoT connectivity solutions, particularly for critical infrastructure applications such as local and federal government networks, utility providers, intelligent transportation, and airports.
“With tens of thousands of Actelis devices deployed worldwide in critical IoT networks, data security is paramount,” said Tuvia Barlev, Chairman and CEO of Actelis. “By adding an additional layer of protection to our customers’ operational environments, we’re offering a powerful platform that not only detects and reports cyber-attacks and operational faults but also enables immediate, actionable responses by the communication network before these issues escalate. This move extends our focus beyond hardening network security to include the cybersecurity of devices at the most vulnerable points—the edge of the network.”
The increasing volume of cyber-attacks on IoT devices highlights the need for enhanced security measures. According to a study by the Ponemon Institute, 63% of organizations expect the volume of IoT attacks to increase significantly. Actelis' new solution addresses these challenges by providing comprehensive visibility, monitoring, and threat detection capabilities for IoT networks.
Leveraging AI and machine learning at its core, the ‘Cyber Aware Networking’ architecture offers advanced threat detection and mitigation that is easy to deploy, quick to adapt, and scalable to large networks. This collaboration aligns with Actelis’ strategic focus on expanding its market presence in the IoT sector and demonstrates the company’s commitment to addressing the evolving cybersecurity needs of its clients through its vision of ‘Cyber Aware Networking’ and increasing its recurring software revenues. As the IoT market continues to grow, the demand for secure and resilient networking solutions becomes increasingly critical. Actelis’ integrated solution is well-positioned to meet this need, providing enhanced protection and reliability for IoT networks.
The global IoT security market is projected to reach $306 billion by 20321, driven by the increasing adoption of IoT devices and the growing number of cyber-attacks. Actelis is focusing on industries most affected by these threats, such as government, energy, and transportation sectors, paving the way for the success of this new offering. IoT edge devices are currently lagging in protection compared to IT networks, creating a significant opportunity for Actelis.
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.
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 Contact:
ARX | Capital Markets Advisors
North American Equities Desk
actelis@arxadvisory.com
___________________
1 Based on a report by Acumen Research and Consulting: https://www.acumenresearchandconsulting.com/iot-security-market
The Company is getting aggressive with its brilliant technology. I rate this a long-term buy and hold. 😋
shorts gonna be toast
Strong rally continues
$ASNS Actelis will be exhibiting at this week's Tech Expo at Wright-Patterson Air Force Base! We look forward to showcasing how we help accelerate base modernization initiatives with our JITC certified hybrid-fiber networking solutions! #militarytechnology #networkconnectivity
Actelis will be exhibiting at this week's Tech Expo at Wright-Patterson Air Force Base! We look forward to showcasing how we help accelerate base modernization initiatives with our JITC certified hybrid-fiber networking solutions! #militarytechnology #networkconnectivity pic.twitter.com/cpZqYTtWEz
— Actelis Networks (@Actelis) August 5, 2024
News: Actelis Secures New Orders for Cyber-Hardened Network Solutions for Two Major German Utility Providers
Actelis Networks, Inc.
Fri, Aug 2, 2024, 8:30 AM EDT
In this article:
ASNS -Actelis Networks, Inc.
Actelis secures new orders to rapidly deploy immediate cyber-hardened network solutions for two major German utility providers, reinforcing its strong position and growth in the critical infrastructure market.
FREMONT, Calif., Aug. 02, 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 received new orders to supply two utility providers in Germany with its cyber-hardened hybrid-fiber networking solution. These orders, facilitated by Actelis and its local partner Syserso Networks, mark significant milestones in the Company's continued momentum within the German energy and utility sectors.
“Our ability to rapidly enable network connectivity over any mix of fiber or copper, combined with our advanced network protection capabilities, makes us highly attractive to operators of critical IoT networks,” said Tuvia Barlev, Chairman and CEO of Actelis. “Providers want to know that their networks will operate smoothly and safely without interruption, especially given the rising threats against infrastructure such as water supply firms. Actelis’ solution offers essential protection to ensure secure, cyber-hardened reliable networking, with uniquely fast deployment.”
One of Actelis’ latest orders is for a large regional water supply company, responsible for the treatment and secure distribution of drinking water to municipalities. Similarly, another order is for a large natural gas provider, with a network spanning several thousand kilometers. Actelis will be supplying its MetaLIGHT 684D networking solution, designed to deliver secure, immediate fiber-grade connectivity for various critical IoT applications.
Utility providers rely on a host of technologies to ensure efficient, reliable, and secure operations. These include smart grids, advanced metering infrastructure, as well as automation and control systems. Network connectivity is the key to making this technology work because IoT devices such as sensors and cameras need to communicate valuable information in real-time. Actelis makes it easy for providers to enable fiber-grade connectivity for these devices without the need to incur the costs of installing new wiring in the network which is why the company’s solution has been well received in the energy sector.
Moreover, in addition to ensuring seamless connectivity, utility providers must also safeguard their networks against cyber threats. Given their critical role in infrastructure and services, utilities are particularly vulnerable to cyberattacks, including ransomware, phishing, hacking, and supply chain attacks. Recent cyberattacks on water infrastructure have underscored the need for enhanced security measures. In fact, the U.S. Environmental Protection Agency (EPA) has highlighted the risks posed by nation-state-aligned threat groups targeting water systems, prompting the formation of a task force to address these challenges. Actelis enhances network security with advanced encryption protocols, particularly at the network edge, providing robust protection against these threats.
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.
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:
Actelis Networks, Inc.
ASNS@actelis.com
Good morning $ASNS nice action pre-market
Thanks for sharing this intel jedijazz
$ASNS 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.
"This order for a significant military contractor is a testament to Actelis' growth and ambition in the IoT sector. Our innovative solutions continue to gain traction, and this latest deployment of the GL800 highlights our ability to meet the critical needs of modern military infrastructure with rapid deployment capabilities," said Tuvia Barlev, Chairman and CEO of Actelis. "As we expand our footprint in the IoT market, we are committed to delivering cutting-edge, secure, and quickly deployable solutions that drive growth and ensure the highest levels of network performance and security for our clients." $ASNS
Actelis Receives Over $150,000 in New Military Orders for New Cyber-Hardened Networking Solutions
July 22 2024 - 9:00AM
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 received new orders of over $150,000 for a tier-1 military contractor for its latest cyber-hardened networking solution, the GigaLine 800, which will be deployed on U.S. military bases. This order marks the first major deployment of the GL800, underscoring Actelis' momentum in the military sector following its certification by the National Institute of Standards and Technology (NIST) for FIPS standard, the Joint Interoperability Test Command (JITC), and placement on the U.S. Department of Defense's Approved Products List.
Military bases are continuing to modernize and digitize, requiring increased bandwidth to support buildings and IoT devices spread across their campuses. In December, Actelis officially launched the GigaLine 800 (GL800), designed specifically to deliver higher bandwidth to buildings and IoT devices. The GL800 is a hybrid-fiber solution, providing secure multi-gigabit fiber-grade connectivity over existing wiring, enabling rapid, overnight deployment while saving government agencies and service providers significant costs by avoiding the need for new construction and heavy engineering.
"This order for a significant military contractor is a testament to Actelis' growth and ambition in the IoT sector. Our innovative solutions continue to gain traction, and this latest deployment of the GL800 highlights our ability to meet the critical needs of modern military infrastructure with rapid deployment capabilities," said Tuvia Barlev, Chairman and CEO of Actelis. "As we expand our footprint in the IoT market, we are committed to delivering cutting-edge, secure, and quickly deployable solutions that drive growth and ensure the highest levels of network performance and security for our clients."
The GL800 is designed with high-end security protocols, including 256-bit MACsec encryption. It is just one of Actelis' secure solutions that is JITC certified, making it highly attractive to government agencies looking to enhance their network security and achieve rapid connectivity.
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.
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:
Actelis Networks, Inc.
ASNS@actelis.com
Huge news lately for $ASNS
8-K just submitted. THIS IS HUGE
https://www.otcmarkets.com/filing/html?id=17700022&guid=gQO-kn70uLqCB3h
2.90 to 4 and up let's go
$ASNS SUPER NEWS!!
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Actelis connectivity solutions unlock the hidden value in essential industrial, commercial and community networks, accelerating the deployment of connected devices and facilitating fast project completion at a fraction of the cost.
Actelis accelerates the expansion of connected devices and systems by boosting the performance of the wiring already existing in the network. Our cyber and temperature hardened solutions can be deployed in just hours and save clients a tremendous amount of money on construction and engineering, enabling and extending Gigabit network connectivity even to very remote and hard to reach locations.
Our connectivity solutions are utilized in over 30 countries and have been deployed for a wide variety of networking applications including intelligent transportation systems, smart rail systems, utilities monitoring, military base modernization, residential and business broadband, and more.
Actelis is featured in this insightful article discussing the cybersecurity threats that exist within IoT-driven infrastructure and how to prevent those threats. Source: Forbes.com
Millions of Multi-Dwelling Units (MDUs) remain unconnected to broadband services.
Find out how Actelis solves this problem instantly and cost-effectively without the need to rewire the building.
Actelis Receives $260,000 Order for Major Mid-Atlantic US County Traffic System Modernization
Software and Service Order of Nearly $1.5 Million From Major Customer in North America
Actelis Receives Over $150,000 in Military Orders for New Cyber-Hardened Networking Solutions
Actelis Partners with Carahsoft to Expand Access to Actelis' IoT Connectivity Solutions
Actelis Receives $260,000 Order for Major Mid-Atlantic US County Traffic System Modernization
Software and Service Order of Nearly $1.5 Million From Major Customer in North America
Actelis Receives Over $150,000 in Military Orders for New Cyber-Hardened Networking Solutions
Actelis Partners with Carahsoft to Expand Access to Actelis' IoT Connectivity Solutions
Actelis Receives $260,000 Order for Major Mid-Atlantic US County Traffic System Modernization
Our hybrid-fiber network connectivity solutions transform the performance, operation & financial viability of essential networks by delivering:
Backed with experience & expertise gained from supporting hundreds of installations & millions of connected lines, worldwide.
“The combined reliability of the Actelis solution with the bespoke housing we need to integrate in to our network meant that this solution was the obvious choice”
“With Actelis solutions, Traffic Operation Center (TOC) operators can now effectively fine-tune smart-controllers, quickly changing traffic patterns to divert traffic away from already congested areas to side roads and enable traffic to continue flowing smoothly.”
Actelis applies the Science of Networking (we call it NetScience) to increase intelligence, performance, security, coverage & resilience.
Actelis exists to make powerful Gigabit-grade performance available for all.
The end goal is everyone and every business to be fully connected and realize their potential to make a difference, to produce better services, products and ultimately have a better life.
AI
