Actelis Secures New Orders for Cyber-Hardened Network Solutions for Two Major German Utility Providers
2024年8月2日 - 9:30PM
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 new orders to supply two utility providers in Germany
with its cyber-hardened hybrid-fiber networking solution. These
orders, facilitated by Actelis and its local partner Syserso
Networks, mark significant milestones in the Company's continued
momentum within the German energy and utility sectors.
“Our ability to rapidly enable network
connectivity over any mix of fiber or copper, combined with our
advanced network protection capabilities, makes us highly
attractive to operators of critical IoT networks,” said Tuvia
Barlev, Chairman and CEO of Actelis. “Providers want to know that
their networks will operate smoothly and safely without
interruption, especially given the rising threats against
infrastructure such as water supply firms. Actelis’ solution offers
essential protection to ensure secure, cyber-hardened reliable
networking, with uniquely fast deployment.”
One of Actelis’ latest orders is for a large
regional water supply company, responsible for the treatment and
secure distribution of drinking water to municipalities. Similarly,
another order is for a large natural gas provider, with a network
spanning several thousand kilometers. Actelis will be supplying its
MetaLIGHT 684D networking solution, designed to deliver secure,
immediate fiber-grade connectivity for various critical IoT
applications.
Utility providers rely on a host of technologies
to ensure efficient, reliable, and secure operations. These include
smart grids, advanced metering infrastructure, as well as
automation and control systems. Network connectivity is the key to
making this technology work because IoT devices such as sensors and
cameras need to communicate valuable information in real-time.
Actelis makes it easy for providers to enable fiber-grade
connectivity for these devices without the need to incur the costs
of installing new wiring in the network which is why the company’s
solution has been well received in the energy sector.
Moreover, in addition to ensuring seamless
connectivity, utility providers must also safeguard their networks
against cyber threats. Given their critical role in infrastructure
and services, utilities are particularly vulnerable to
cyberattacks, including ransomware, phishing, hacking, and supply
chain attacks. Recent cyberattacks on water infrastructure have
underscored the need for enhanced security measures. In fact, the
U.S. Environmental Protection Agency (EPA) has highlighted the
risks posed by nation-state-aligned threat groups targeting water
systems, prompting the formation of a task force to address these
challenges. Actelis enhances network security with advanced
encryption protocols, particularly at the network edge, providing
robust protection against these threats.
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:Actelis Networks,
Inc.ASNS@actelis.com
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