Actelis Networks (NASDAQ:ASNS) has secured a follow-on order from a major German municipality to expand its hybrid-fiber networking technology for IoT infrastructure modernization. The order strengthens Actelis’ presence in Germany’s intelligent transportation systems sector, building on recent successes across highways, utilities, airports, and military verticals. The company’s solution enables cities to upgrade their networks quickly and cost-effectively by utilizing existing network wiring for fiber-grade data transmission, eliminating the need for extensive engineering and trenching. This aligns with Germany’s increased critical infrastructure spending, which allocated over 30 billion euros in 2024 for federal highways, waterways, and railroads.
Actelis Networks (NASDAQ:ASNS) ha ottenuto un ordine di follow-up da un importante comune tedesco per ampliare la sua tecnologia di rete ibrida a fibra per la modernizzazione delle infrastrutture IoT. L’ordine rafforza la presenza di Actelis nel settore dei sistemi di trasporto intelligente in Germania, costruendo su recenti successi nei settori delle autostrade, dei servizi pubblici, degli aeroporti e militari. La soluzione dell’azienda consente alle città di aggiornare rapidamente e in modo conveniente le proprie reti sfruttando il cablaggio esistente per la trasmissione di dati di qualità fibra, eliminando la necessità di ingegneria complessa e scavi. Questo è in linea con l’aumento della spesa per le infrastrutture critiche in Germania, che ha allocato oltre 30 miliardi di euro nel 2024 per autostrade federali, corsi d’acqua e ferrovie.
Actelis Networks (NASDAQ:ASNS) ha conseguido un pedido adicional de un importante municipio alemán para ampliar su tecnología de red híbrida de fibra para la modernización de la infraestructura IoT. El pedido refuerza la presencia de Actelis en el sector de sistemas de transporte inteligentes en Alemania, basándose en éxitos recientes en carreteras, servicios públicos, aeropuertos y sectores militares. La solución de la empresa permite a las ciudades actualizar sus redes de manera rápida y rentable aprovechando el cableado existente para la transmisión de datos de calidad de fibra, eliminando la necesidad de ingeniería compleja y zanjas. Esto se alinea con el aumento del gasto en infraestructura crítica en Alemania, que ha asignado más de 30 mil millones de euros en 2024 para carreteras federales, vías navegables y ferrocarriles.
Actelis Networks (NASDAQ:ASNS)는 독일의 주요 지방자치단체로부터 IoT 인프라 현대화를 위한 하이브리드 섬유 네트워킹 기술을 확장하기 위한 후속 주문을 확보했습니다. 이 주문은 독일의 지능형 교통 시스템 부문에서 Actelis의 입지를 강화하며, 고속도로, 공공 서비스, 공항 및 군사 분야에서 최근의 성공을 기반으로 하고 있습니다. 회사의 솔루션은 기존 네트워크 배선을 활용하여 섬유 수준의 데이터 전송을 통해 도시들이 빠르고 비용 효율적으로 네트워크를 업그레이드할 수 있게 합니다. 이는 독일이 2024년 연방 고속도로, 수로 및 철도에 대해 300억 유로 이상의 중대 인프라 지출을 늘리고 있는 것과 일치합니다.
Actelis Networks (NASDAQ:ASNS) a obtenu une commande supplémentaire d’une grande municipalité allemande pour étendre sa technologie de réseau hybride à fibre en vue de la modernisation des infrastructures IoT. Cette commande renforce la présence d’Actelis dans le secteur des systèmes de transport intelligents en Allemagne, s’appuyant sur des succès récents dans les domaines des autoroutes, des services publics, des aéroports et de l’armée. La solution de l’entreprise permet aux villes de mettre à niveau rapidement et de manière rentable leurs réseaux en utilisant le câblage existant pour une transmission de données de qualité fibre, éliminant ainsi la nécessité d’ingénierie intensive et de fouilles. Cela s’inscrit dans le cadre de l’augmentation des dépenses pour les infrastructures critiques en Allemagne, qui a alloué plus de 30 milliards d’euros en 2024 pour les autoroutes fédérales, les voies navigables et les chemins de fer.
Actelis Networks (NASDAQ:ASNS) hat einen Folgebestellung von einer großen deutschen Gemeinde gesichert, um seine Hybridfaser-Netzwerktechnologie zur Modernisierung der IoT-Infrastruktur auszubauen. Die Bestellung stärkt die Präsenz von Actelis im Bereich der intelligenten Transportsysteme in Deutschland und baut auf den jüngsten Erfolgen in den Bereichen Autobahnen, Versorgungsunternehmen, Flughäfen und Militär auf. Die Lösung des Unternehmens ermöglicht es Städten, ihre Netzwerke schnell und kosteneffektiv zu modernisieren, indem sie bestehende Netzwerkverkabelung für die Datenübertragung in Glasfaserqualität nutzen und die Notwendigkeit umfangreicher Ingenieurarbeiten und Erdarbeiten beseitigen. Dies steht im Einklang mit den erhöhten Ausgaben für kritische Infrastrukturen in Deutschland, die 2024 über 30 Milliarden Euro für Bundesautobahnen, Wasserwege und Schienenwege bereitgestellt hat.
Positive
- Secured new follow-on order from major German municipality
- Expansion in German market aligns with country’s 30 billion euro infrastructure spending
- Solution reduces project costs by leveraging existing network infrastructure
- Technology enables faster project completion without extensive engineering work
Insights
The follow-on order from a major German municipality represents incremental revenue growth but appears relatively modest in scale. While it validates Actelis’ technology in the critical infrastructure space, several key details are missing to gauge the financial impact, including order size and contract value. The timing aligns with Germany’s
The company’s hybrid-fiber solution offers compelling cost advantages by leveraging existing infrastructure, which could drive adoption among budget-conscious municipalities. However, competition in the IoT networking space remains intense. The recent cybersecurity partnership adds a valuable differentiator but needs time to prove commercial success. Without specific financial metrics, this order alone is unlikely to significantly impact the company’s
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, 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
FAQ
What new order did Actelis Networks (ASNS) receive in October 2024?
Actelis Networks received a follow-on order from a major German municipality for the expansion of its hybrid-fiber networking technology for IoT infrastructure modernization.
How does Actelis Networks (ASNS) technology save costs for municipalities?
Actelis’ technology saves costs by leveraging existing network wiring for fiber-grade data transmission, eliminating the need for extensive engineering, digging, or trenching work.
What is Germany’s infrastructure spending commitment relevant to Actelis (ASNS) in 2024?
Germany allocated over 30 billion euros in 2024 for federal highways, waterways, and railroads modernization, supporting infrastructure projects like those provided by Actelis.