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.”
Recent ASNS News
- Actelis Networks Receives $100K Follow-On Order from Major Mid-Atlantic US County for Continued Traffic Management System Modernization • GlobeNewswire Inc. • 05/21/2025 08:45:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2025 08:35:26 PM
- Actelis Networks Reports First Quarter 2025 Financial Results With Stable Revenues Alongside Increased Global Partners Coverage And Operational Efficiency • GlobeNewswire Inc. • 05/13/2025 08:35:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/13/2025 08:25:51 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2025 08:15:32 PM
- Actelis Networks Receives New Order to Support Rail Infrastructure Modernization in Northern Ireland • GlobeNewswire Inc. • 05/08/2025 12:30:00 PM
- Actelis Networks to Report First Quarter 2025 Results on May 13, 2025 • GlobeNewswire Inc. • 05/06/2025 12:40:00 PM
- Actelis Networks Receives New Order for Critical Infrastructure Modernization in Japan • GlobeNewswire Inc. • 04/29/2025 12:30:00 PM
- Actelis Networks Secures New Order to Modernize Major Nordic Municipality's Communication Infrastructure • GlobeNewswire Inc. • 04/21/2025 12:30:00 PM
- Actelis Networks Receives Follow-On Order from City of Eugene, Oregon for Traffic Management System Modernization • GlobeNewswire Inc. • 04/14/2025 12:30:00 PM
- Actelis Networks Secures New Order to Modernize Orange County's Traffic Infrastructure • GlobeNewswire Inc. • 04/08/2025 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/01/2025 09:04:47 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/28/2025 12:04:29 PM
- Actelis Receives Significant New Orders to Modernize U.S. Military Bases with Rapid Deployment, Cyber Hardened Networking • GlobeNewswire Inc. • 03/28/2025 12:00:00 PM
- Actelis Networks Secures New Order from One of North America’s Largest Railway Groups for Positive Train Control Implementation • GlobeNewswire Inc. • 03/27/2025 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/24/2025 12:43:29 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 03/24/2025 12:42:22 PM
- Actelis Networks Reports Full Year 2024 Results: Revenue Sees 38% Growth Reaching $7.8 Million, 125% Increase in Gross Margin, Loss Per Share Shrinks by 67% to $0.85 • GlobeNewswire Inc. • 03/24/2025 12:30:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 03/24/2025 10:05:13 AM
- Market News Alert: Actelis Networks Continues to Show Positive Commercial Traction with Recent Wins as Multi Billion Dollar Smart City Market Expected to Grow Massively • Business Wire • 03/18/2025 01:39:00 PM
- Actelis Networks to Report Annual 2024 Financial Results on Monday, March 24, 2025 • GlobeNewswire Inc. • 03/13/2025 08:43:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2025 10:20:07 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 03/03/2025 10:00:17 PM
- Actelis Receives Follow-On Order to Expand Networking Deployment for Major Hungarian Utility Provider • GlobeNewswire Inc. • 03/03/2025 01:30:00 PM
- Actelis Networks Secures Order for Countywide Intersection Modernization in Ventura County, California • GlobeNewswire Inc. • 02/25/2025 01:25:00 PM
VAYK to Acquire Up to $9 million in Time-share Vacation Properties Through Non-Cash Deals • VAYK • Jun 11, 2025 9:45 AM
ECGI Holdings Invests in AI-Powered Fantasy Sports Startup Payday Fantasy • ECGI • Jun 10, 2025 8:30 AM
Avant Technologies Signs Letter of Intent for a Business Combination • AVAI • Jun 10, 2025 8:00 AM
NEXT10, Inc. Announces Acquisition of Torreon Group, Inc. • NXTN • Jun 9, 2025 8:42 AM
Maybacks Global Entertainment, LLC and Plex Sign Global Licensing and Distribution Agreement • AHRO • Jun 6, 2025 8:30 AM
Omega Laboratories Delivers Marijuana Breath Test Validation Packet to Cannabix Technologies Inc. - Completing Major Milestone under Strategic Partnership • BLOZF • Jun 5, 2025 8:54 AM