Actelis Networks Secures $2.3 Million Order

Leading networking solutions company, Actelis Networks (Nasdaq: ASNS) has secured an order for approximately $2.3 million to supply Washington D.C.’s Department of Transportation (DDOT) with a new hybrid-fiber intelligent networking solution for the city’s transportation network. The company’s total revenues in 2023 were $5.6 million, and this substantial order represents a significant springboard for potential growth.

Over 1,600 Actelis hybrid-fiber network switching and aggregation devices will be supplied immediately, allowing DDOT to modernize and standardize network connectivity infrastructure along its roadways and at its intersections. The company’s unique ability to enable instant fiber-grade connectivity over copper or fiber within one secure integrated network will provide DDOT with a fast, reliable, and secure connectivity solution without the high cost of installing fiber at each intersection.

Commenting on the order, Tuvia Barlev, Chairman and CEO of Actelis, said, the company is excited to be helping the capital of the United States upgrade and modernize its intelligent traffic management systems. “We look forward to providing a solution to DDOT that gets the most out of its blended fiber-copper network while helping to make travel safer and more efficient for residents and visitors,” said Mr. Barlev.

The solution will include Actelis’ hybrid-fiber MetaLight 684D managed, cyber and temperature hardened networking technology featuring Gigabit switching capacity, and Actelis’ MetaLight 230 compact, high density Ethernet aggregation devices. The devices will be installed in traffic operation hubs throughout the District, beginning in the next 2-3 months.

Actelis reported in March 2024 that it had secured multiple customer wins and deployments in the various IoT verticals of Intelligent Traffic Systems, smart cities, railways, and energy to date, including the City of Napa, a major North American rail operator, the City of Everett, a US Naval base, a major European natural gas operator, a major US Air-Force base, Northern Ireland Railways and others.

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.

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Actelis Networks Secures $2.3 Million Order

Catie Corcoran

Biotech Editor