By james art 
With this follow-up order, Actelis continues to expand its role in the global IoT network modernization landscape, building on recent success in highway, utility, airport and military verticals
FREMONT, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) — Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-defense, rapidly deployable network solutions for IoT applications, today announced that it has received a follow-up order to expand its hybrid-optical network technology for a Greater German municipality. This order further strengthens Actelis’ footprint in Germany and further strengthens its presence in the field of Intelligent Transport Systems (ITS) for intelligent traffic applications. This order comes on the back of previously announced significant orders and successful deployments in many sectors, including highways and ITS, utilities, airports and 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-optical technology not only enables cities and operators to upgrade their networks quickly and cost-effectively, but also hardens 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, spending on critical infrastructure is increasing as the country seeks to increase resilience and boost economic growth. In 2024 alone, more than €30 billion was allocated to federal highways, waterways and railways, underscoring Germany’s commitment to modernisation. The Government’s National Strategy for Critical Infrastructure Protection further emphasizes the importance of protecting vital systems while addressing existing vulnerabilities. By adopting the Actelis solution, cities accelerate project completion while ensuring long-term security for their infrastructure. This German expansion order reflects Actelis’ growing presence in the smart transportation space. It should be noted that earlier this month Actelis announced the extension of the contract for the expansion of the major Italian national transport infrastructure project, also in the field of intelligent transport.
Actelis’ solution supports a wide range of smart city applications by providing secure, high-speed long-distance 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 cabling to provide optical-class data transmission regardless of the type of infrastructure. By eliminating the need for extensive engineering, excavation or trenching, projects are completed faster and at significantly lower costs than installing new wiring.
The company is also strengthening 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 new AI-powered SaaS offering under Actelis’ Cyber Aware Networking initiative. Designed as an intelligent layer integrated into Actelis network devices, the solution identifies network anomalies in real-time and enables operators to prevent further threats.
“We enable layered protection for critical infrastructure networks, starting with threat identification and equipping operators with the tools and insights needed to protect their networks against future attacks,” Barlev said.
About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) is the market leader in hybrid fiber-copper, cyber-hardened network solutions for rapid deployment in a wide range of IoT applications, including government, ITS, military, utilities, rail, telecommunications and campus networks. Actelis’ innovative portfolio offers optical-class performance with the flexibility and cost-effectiveness of hybrid fiber-copper networks. Through its Cyber Aware Networking initiative, Actelis also provides AI-based cyber monitoring and protection for all end devices, improving 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 “may,” “believe,” “anticipate,” ” intend,” “expect,” “anticipate,” “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, goals, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that those plans, goals, 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 current expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price of our common stock may fluctuate significantly. Forward-looking statements are also affected by the risk factors described in the Company’s filings with the US Securities and Exchange Commission. Except as required by law, we undertake no obligation to publicly update or revise 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 for reflecting the occurrence of unexpected events.
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