Actelis Continues to Expand International Footprint with Over $300,000 New Order for Italian National Transportation Infrastructure Project
2024年6月28日 - 5:25AM
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 an order of over $300,000 from its new channel partner in
Italy to support a critical national transportation infrastructure
project. This announcement comes on the backdrop of Actelis'
continued success in the transportation sector, including the
deployment of its solutions for National Highways in the UK, the
Washington D.C. Department of Transportation and more, alongside an
onslaught of achievements announced in recent weeks including new
orders received from three military bases and airports across the
globe.
Camera, sensors and other IoT systems are essential for traffic
monitoring, surveillance, and law enforcement, requiring secure,
high-speed connectivity to transmit large amounts of real-time data
to traffic operations centers. Actelis’ solution enables this
connectivity over long distances, ensuring each camera is
seamlessly integrated into the network.
A key advantage of Actelis’ technology is its ability to deliver
gigabit speeds over any wireline medium, eliminating the need for
expensive and time-consuming engineering and construction projects.
By leveraging existing infrastructure, Actelis maximizes the use of
installed fiber while enhancing the performance of existing copper
to fiber-grade levels. This hybrid-fiber solution is immediately
deployable and scalable, offering substantial cost savings. In
addition to enabling the immediate, long reach connectivity that
transportation departments need, Actelis’ solution helps protect
the network with its cyber-hardened solution featuring end-to-end
encryption, among other protection features. Camera systems can be
susceptible to attacks, and Actelis helps minimize threats with
highly secure data transmission between each camera and the traffic
operations center.
“Camera, sensor, and other IoT system deployments, especially
for transportation, are an ideal application for our solution,”
said Tuvia Barlev, Chairman and CEO of Actelis. “While running
fiber along every inch of a roadway system may be prohibitively
expensive, our solution delivers fiber-grade connectivity at a
fraction of the cost, utilizing existing wiring. This project
exemplifies how Actelis is transforming the infrastructure
landscape by providing cost-effective, rapid deployment solutions
that address the critical need for secure, high-speed connectivity.
As we expand our presence in international markets, our innovative
approach continues to unlock value and drive growth for our
partners and customers.”
Actelis’ partner in this project, a leading provider of
customized communications systems in Italy, serves prominent brands
across various sectors, including transportation, airports,
utilities, and government networks. They selected Actelis’ cyber
and temperature-hardened MetaLIGHT 684Dx (ML684Dx) networking
devices for this deployment. The ML684Dx is specifically designed
for hybrid networks of fiber and copper and features optional Power
over Ethernet and 256-bit MACsec encryption, making it the perfect
product for transportation deployments.
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
& Communicationssrenn@actelis.com
Investor Relations Contact:Kirin SmithPCG
Advisory, Inc.Ksmith@pcgadvisory.com
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