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thank you, anything for $QIND ?????
Hey mick! It's really good to hear from you! How have you been doing? We had a small offering back in Sept that has kept the price down however that is now history and looking for a slow and steady rise in SP. The Company will be closing new deals with their fantastic tech! A real buy and hold!
ASNS
Actelis Networks Inc
1.36
0.02 (1.49%)
Volume: 137,157
Day Range: 1.305 - 1.34
Bid: 1.31
Ask: 1.34
Last Trade Time: 5:31:12 PM EDT
Total Trades: 402
Dear Mick, i trade every session but currently dont have a position in ASNS. I wait for a sign
Check out their recent presentation- wants to get the word out there -- smart management i believe.......... genuine? i dont know
https://ir.actelis.com/company-information/presentations
TRADING TODAY, INTERESTING
Actelis Networks Announces New Order from Major German Municipality for Modernization of Secure Critical Infrastructure IoT Network
With this follow-on order, Actelis continues to expand its role in the global IoT network modernization landscape, building on recent success across highways, utilities, airports, and military verticals
FREMONT, Calif., Oct. 28, 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 a follow-on order for the expansion of its hybrid-fiber networking technology for a Major German Municipality. This order further strengthens Actelis’ footprint in Germany, and further bolsters its presence in the field of intelligent transportation systems (ITS) for smart traffic applications. This order comes on the backdrop of previously announced significant orders and successful deployments across many sectors, including highways and ITS, utilities, airports and the military.
“In today's rapidly evolving infrastructure landscape, the need for both speed and security in IoT network modernization has never been more critical,” said Tuvia Barlev, Chairman and CEO of Actelis. “Our hybrid-fiber technology not only allows cities and operators to upgrade their networks quickly and cost-effectively, but also fortifies them against emerging cyber threats. This expanded partnership in Germany reflects the growing confidence in Actelis to deliver scalable, secure solutions that are essential for the resilience and functionality of critical infrastructure.”
In Germany, critical infrastructure spending is on the rise as the country aims to enhance resilience and drive economic growth. In 2024 alone, over 30 billion euros were allocated for federal highways, waterways, and railroads, underscoring Germany's commitment to modernization. The government's National Strategy for Critical Infrastructure Protection further highlights the importance of safeguarding vital systems while addressing existing vulnerabilities. By adopting Actelis' solution, cities are accelerating project completion while ensuring long-term security for their infrastructure. This expansion order in Germany reflects Actelis growing presence in the intelligent transportation space. Notably, earlier this month, Actelis announced the expansion of Expansion Order for Major Italian National Transportation Infrastructure Project, also in the field of Intelligent Transportation.
Actelis’ solution supports a wide range of smart city applications by providing secure, high-speed, long-range connectivity for traffic management, public safety, utilities, public WiFi, and municipal broadband services. The technology allows cities to save both time and money by leveraging existing network wiring to deliver fiber-grade data transmission, regardless of the type of infrastructure in place. By eliminating the need for extensive engineering, digging, or trenching, projects are completed faster and at significantly lower costs compared to installing new wiring.
The company is also bolstering its data protection offering for smart cities and IoT operators. In August, Actelis announced a partnership with an advanced cybersecurity provider to develop and deliver a novel, AI-Powered SaaS offering, under Actelis’ ‘Cyber Aware Networking’ initiative. Designed as an intelligence layer integrated into Actelis’ networking devices, the solution identifies anomalies in the network in real-time and enables operators to prevent further threats.
“We're enabling multi-layer protection for critical infrastructure networks, starting with threat identification and equipping operators with the tools and insights needed to safeguard their networks against future attacks,” said Barlev.
About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, 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,
Let's get to that point! $1.45 would be nice to see going.
CHARTS DO HELP.
$1.45 MAJOR BREAKOUT https://finviz.com/quote.ashx?t=ASNS&ty=c&ta=1&p=d
IS $QIND MERGER STILL ON ????? ANYONE ?????
LOOKS LIKE MAJOR BREAKOUT IS NEAR. $ASNS
[-chart]www.stockscores.com/chart.asp?TickerSymbol=ASNS&TimeRange=1825&Interval=w&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=&Band=&avgType1=&movAvg1=&avgType2=&movAvg2=&Indicator1=None&Indicator2=None&Indicator3=None&Indicator4=None&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen[/chart]
WHAT IS $ASNS WORTH ?????
RECIEVES AN ORDER TODAY
RECIEVES AN ORDER TODAY
DID A LITTLE TODAY. SMALL STARTER. $ASNS
Actelis Networks Announces Follow-On Order from U.S. Department of Transportation Agency Expanding Footprint to New Regions
Follow-on order builds on Actelis’ previously announced significant contract with the same aerial transportation agency, expanding the network into new regions and underscoring growing confidence in Actelis’ secure and flexible networking solutions
FREMONT, Calif., Oct. 15, 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 a new follow-on order in new geographies from a major aerial transportation agency operating underneath the umbrella of the U.S. Department of Transportation. This follows the significant order previously announced by Actelis in September, for the same agency, demonstrating the agency’s confidence in Actelis to deliver a robust and secure connectivity solution while maximizing their existing network infrastructure.
The project calls for advanced technology to support the backhaul of radar communications—critical for ensuring air safety and smooth operations. Actelis’ solution enables reliable transmission of radar data to air traffic control centers, providing the high bandwidth and security essential in mission-critical environments. A key advantage of Actelis’ technology lies in its adaptability: in fiber-equipped locations, Actelis’ hybrid-fiber devices manage data transmissions seamlessly, while in areas without fiber, Actelis’ solution enhances the performance of existing twisted pair copper to fiber-grade quality. This flexibility delivers an immediate, cost-effective upgrade to existing infrastructure.
“We continue to build a strong reputation across intelligent transportation networks, securing follow-on orders by demonstrating our value across diverse applications—from traffic management to railway connectivity and aerial transportation,” said Tuvia Barlev, Chairman and CEO of Actelis. “Reliable connectivity is critical for safe travel and fluid mobility. Our flexible solution enables agencies to complete projects significantly faster than alternative options, reinforcing our role as a trusted partner.”
With billions invested globally in modernizing air traffic management systems, reliable and adaptable solutions like Actelis’ are in high demand. According to a Fortune Business Insights report, the global air traffic management and consulting market is expected to grow from $14.79 billion in 2024 to $19.46 billion by 2032, at a compound annual growth rate (CAGR) of 3.49%.
“Despite substantial investments, modernization efforts remain challenged by the high costs of new wiring for connectivity,” Barlev added. “Our solution leverages existing network wiring, enabling agencies to maximize their budgets while avoiding unnecessary labor expenses.”
F this Im out. This company does not care about shareholders.
Clearly terrified of this stock going up. None of what you typed is true. How does this not get flagged by investors hub for misleading information?
News: Actelis Networks Receives $200,000 Order to Provide Fast Upgrade and Modernization to US Army National Guard Base Network
Actelis Networks, Inc.-Thu, September 26, 2024 at 8:30 AM
In This Article: ASNS
Actelis’ cyber-hardened hybrid-fiber networking technology continues to gain momentum in the federal government and military sector, following a number of recently announced orders
FREMONT, Calif., Sept. 26, 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 a $200,000 order from the United States Department of Military Affairs to supply a US Army National Guard base with its cyber-hardened hybrid-fiber networking solution. Actelis continues to build on its momentum in the federal government sector, having just recently announced a significant order from a US Department of Aerial Transportation agency. This follows a $150,000 order in July from a tier-1 military contractor to deliver the company’s advanced GigaLine 800 solution to US military bases.
Actelis was chosen for its ability to instantly deliver significantly higher bandwidth compared to the base’s legacy system, without requiring any upgrades to the existing physical cabling. By opting for Actelis' hybrid-fiber networking solution, the base network can achieve the necessary bandwidth immediately, saving substantial time and costs on engineering and construction. Actelis’ cyber-hardened solution is uniquely positioned as the only solution of its kind listed on the Department of Defense’s Approved Products List (APL), having earned both JITC and NIST certifications for FIPS compliance. This distinction gives government agencies confidence that their networks are safeguarded by a solution rigorously tested to meet the highest cybersecurity standards protected against cyber vulnerabilities.
“Military bases are increasingly recognizing the immediate value we provide by leveraging their existing network infrastructure,” said Tuvia Barlev, Chairman and CEO of Actelis. “Bases can achieve fiber-grade connectivity for their current operations very fast, while also future-proofing their systems to accommodate additional devices and technologies—without the constraints of outdated bandwidth limitations.”
The National Guard base this order relates to supports hundreds of state and government employees, as well as housing for thousands of Army personnel. To ensure seamless and efficient on-base operations, the base required a significant network upgrade. Military facilities depend on high-speed, reliable communications for critical applications such as internet services, Voice over IP (VoIP) systems, access control, surveillance, and HVAC monitoring. With the existing network unable to meet growing bandwidth demands, the base turned to Actelis for a robust, future-ready solution.
About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, 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.
$ASNS We continue to build on our momentum in the federal government sector with a new order of $200,000 for the supply of our cyber-hardened networking technology for a US Army National Guard base network. https://actelis.com/actelis-networks-receives-200000-order-to-provide-fast-upgrade-and-modernization-to-us-army-national-guard-base-network/
#militarytech #networkingsolutions #connectivity
It seems like you have a personal problem with other posters? Else why out yourself?
See their recent presentation and other PRs. Public entities dont give away money like candy at a parade.
$ASNS: PR FLUFFER PUMP ALERT WARNING !!!!
💀 ☠️ 💀 ☠️ 💀 ☠️ 💀 ☠️ 💀 ☠️ 💀 ☠️
The who's who of penny stock paid non disclosing pump promoters are here and EVERY shit social media hype the penny stock con-job sites from Discord to StockTwats to Youboob etc.....all the "usual suspects" and scammers....including Jedijazz the clown pump here.....
This hustle just issued another VAGUE PUMPER FLUFFER HYPE THE DOG SHIT SHARES.....textbook dilution and gutter debt hustle 101 move......
FLUFER PUMP "PR" scams are used to CREATE LIQUIDITY to hook-in new baggies so they can DUMP THE NEW GUTTER TOXIC NOTE DILUTION and keep the hustle alive.....
PR PUMP YESTERDAY:
1) NO "agency" actually named...it's written in textbook garbage penny stock crime speak....aka vague-speak...aka NO DETAILS ABOUT A DAMN THING anyone can prove or disprove or verify......is garbage on roids...
2) NO dollar figure given in HYPE THE DOG SHIT PR ABOUT NOTHING......this "contract" aka Fugazi can literally be for $500 bucks as the PR says NOTHING as to any material facts that amount to jack shit......
RUN from this hustle and dilution mill share printing con job......they got nothing here.....just jacking up their dilution using gutter debt which is how they inflated their non existent "shareholder equity" to buy some time and NOT BE DE-LISTED FROM THE NASDAQ......
This is nothing but a OTC PENNY CON JOB and not even remotely close to NASDAQ worthy - they're in bed with some of the worst gutter toxic note lenders on the planet and are running sham-n-scam PR hype cycles for liquidity dumping of never ending printed shares....that's their "game" and their real "business".....same as all these penny hustles.....!!!
ASNS: Don't forget THIS little news item, way back on 6-5-24!!
https://investorplace.com/2024/06/why-is-actelis-networks-asns-stock-up-689-today/
/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
Love red light cameras can get and stay above $2.31 then $3s come easily. If not dump comes
optimistically speaking we are halfway there
my best guess is its going to reproduce similar news again and again
$ASNS Update: "Today we announced the receipt of a new significant order for a major aerial transportation agency operating underneath the umbrella of the U.S. DOT, demonstrating our strong position within the transportation sector." #networking #criticalinfrastructure
Today we announced the receipt of a new significant order for a major aerial transportation agency operating underneath the umbrella of the U.S. DOT, demonstrating our strong position within the transportation sector. #networking #criticalinfrastructurehttps://t.co/7wO1oEE60r
— Actelis Networks (@Actelis) September 9, 2024
$ASNS $1.94 +37.59% up after hours.
https://finance.yahoo.com/news/actelis-receives-significant-order-major-200500412.html
great news after the bell!
Actelis Receives New Significant Order for Major U.S. Department of Aerial Transportation Agency
$ASNS NEWS! Actelis will be participating in the upcoming H.C. Wainwright Global Investment Conference, September 9-11 in New York City. Actelis management will participate in person.
Actelis will be participating in the upcoming H.C. Wainwright Global Investment Conference, September 9-11 in New York City. Actelis management will participate in person. https://t.co/H31sbtQHfQ
— Actelis Networks (@Actelis) September 3, 2024
Pretty chart --- super story
Looking for 4$ soon
On August 27, 2024, Actelis Networks, Inc. (the “Company”) received formal written notice from The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has evidenced compliance with all applicable criteria for continued listing on The Nasdaq Capital Market as set forth in Nasdaq Listing Rule 5550, including the minimum stockholders’ equity requirement of $2.5 million. In accordance with Nasdaq Listing Rule 5815(d)(4)(B), the Company will remain subject to a panel monitor for equity compliance through August 27, 2025.
Great news out! $ASNS +4.26% Actelis' solution will enable secure and fiber-grade ITS connectivity to be installed overnight and at a fraction of the cost for a densely populated municipality in the New York metropolitan area
Actelis Receives New Order for Intelligent Traffic System (ITS) Networking in New York City Metro Area
Actelis Networks, Inc.
Actelis' solution will enable secure and fiber-grade ITS connectivity to be installed overnight and at a fraction of the cost for a densely populated municipality in the New York metropolitan area
FREMONT, Calif., Aug. 27, 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 a new order for a densely populated municipality located in the New York City metropolitan area. As part of the order, Actelis will provide a hybrid-fiber networking solution that will enable fiber-grade connectivity overnight for the municipality’s traffic management system, through Netceed, Actelis’ partner.
“In the intelligent transportation market, data collection and analysis are crucial for optimizing traffic flow and safety,” said Tuvia Barlev, Chairman and CEO of Actelis. “Our technology not only empowers cities to rapidly expand their IoT infrastructure for real-time data capture but also provides the flexibility to make remote adjustments, enhancing operational efficiency and responsiveness. Recognizing that many traffic networks have a mix of fiber and copper/coax, we designed our solution to manage connectivity and cyber harden any wired medium, expediting and simplifying deployment, while reducing costs for cities as they adapt to changing ITS needs.”
Heavily congested areas like the New York City metro area require strong traffic management to ensure smooth traffic flow and high levels of safety. The municipality incorporates a combination of technologies in their traffic management system including red light cameras and the utilization of signal timing and adaptive control to help achieve its goals. Actelis' hybrid-fiber devices, strategically placed at key intersections, enable robust network connectivity and secure data transmission to the city’s traffic operations center. This setup allows real-time monitoring and adaptive adjustments to traffic conditions, demonstrating the transformative impact of Actelis' technology on urban traffic management.
A key advantage of Actelis' solution is its ability to seamlessly provide fiber-grade connectivity over any combination of existing copper/coax and newer fiber networks. By elevating copper/coax connectivity to fiber-grade performance, Actelis enables cities to leverage their existing infrastructure for immediate, secure and cost-effective implementation.
Earlier this year, Actelis and Netceed announced a partnership that would greatly expand Netceed’s connectivity offering to the intelligent transportation industry and other IoT markets, where it currently supplies a wide range of products including traffic signal hardware, enclosures, and cabling products. This new order represents a significant milestone, showcasing the vast potential of the partnership with Netceed by addressing the critical needs of city-wide traffic management systems.
About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, 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" 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
Actelis Receives New Order for Intelligent Traffic System (ITS) Networking in New York City Metro Area
Actelis' solution will enable secure and fiber-grade ITS connectivity to be installed overnight and at a fraction of the cost for a densely populated municipality in the New York metropolitan area
FREMONT, Calif., Aug. 27, 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 a new order for a densely populated municipality located in the New York City metropolitan area. As part of the order, Actelis will provide a hybrid-fiber networking solution that will enable fiber-grade connectivity overnight for the municipality’s traffic management system, through Netceed, Actelis’ partner.
“In the intelligent transportation market, data collection and analysis are crucial for optimizing traffic flow and safety,” said Tuvia Barlev, Chairman and CEO of Actelis. “Our technology not only empowers cities to rapidly expand their IoT infrastructure for real-time data capture but also provides the flexibility to make remote adjustments, enhancing operational efficiency and responsiveness. Recognizing that many traffic networks have a mix of fiber and copper/coax, we designed our solution to manage connectivity and cyber harden any wired medium, expediting and simplifying deployment, while reducing costs for cities as they adapt to changing ITS needs.”
Heavily congested areas like the New York City metro area require strong traffic management to ensure smooth traffic flow and high levels of safety. The municipality incorporates a combination of technologies in their traffic management system including red light cameras and the utilization of signal timing and adaptive control to help achieve its goals. Actelis' hybrid-fiber devices, strategically placed at key intersections, enable robust network connectivity and secure data transmission to the city’s traffic operations center. This setup allows real-time monitoring and adaptive adjustments to traffic conditions, demonstrating the transformative impact of Actelis' technology on urban traffic management.
A key advantage of Actelis' solution is its ability to seamlessly provide fiber-grade connectivity over any combination of existing copper/coax and newer fiber networks. By elevating copper/coax connectivity to fiber-grade performance, Actelis enables cities to leverage their existing infrastructure for immediate, secure and cost-effective implementation.
Earlier this year, Actelis and Netceed announced a partnership that would greatly expand Netceed’s connectivity offering to the intelligent transportation industry and other IoT markets, where it currently supplies a wide range of products including traffic signal hardware, enclosures, and cabling products. This new order represents a significant milestone, showcasing the vast potential of the partnership with Netceed by addressing the critical needs of city-wide traffic management systems.
Actelis Receives New Order for Intelligent Traffic System (ITS) Networking in New York City Metro Area
$ASNS Update: A great day in New Delhi! Actelis joined our partner
@Khushicomms1
at the 2nd Safe City and Mobility exhibition today to share how we help cities instantly modernize and protect their IoT networks with our cyber-hardened hybrid-fiber networking solutions.
#smartcities
A great day in New Delhi! Actelis joined our partner @Khushicomms1 at the 2nd Safe City and Mobility exhibition today to share how we help cities instantly modernize and protect their IoT networks with our cyber-hardened hybrid-fiber networking solutions. #smartcities pic.twitter.com/JnHi7fF5V3
— Actelis Networks (@Actelis) August 22, 2024
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. 😋
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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.
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.
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