ASNS ACTELIS NETWORKS INC

Market News Alert: Actelis Networks Continues to Show Positive Commercial Traction with Recent Wins as Multi Billion Dollar Smart City Market Expected to Grow Massively

Market News Alerts Reports: Actelis Networks (NASDAQ: ASNS)*, a leader in cyber-hardened networking solutions, continues to demonstrate strong commercial momentum with recent follow-on orders that expand its footprint in critical infrastructure sectors. The company recently announced a strategic follow-on order from a Hungarian utility provider, building upon their initial engagement announced in October 2023. Additionally, Actelis secured an order for Ventura County, California's Systemic Countywide Signalized Intersection Improvement Project, further reinforcing its position in the intelligent transportation systems (ITS) market.

These latest wins build upon Actelis' impressive momentum following significant orders from Washington D.C.'s Department of Transportation, the City of Seattle (recently named the "smartest city in the U.S."), and a renewal order connected to the UK's National Roads Telecommunications Service (NRTS). The anticipated next phase of NRTS represents a massive £650 million opportunity within the UK's Digital Roads Strategy, potentially positioning Actelis for substantial future involvement in this critical infrastructure initiative.

These commercial developments come as Actelis prepares to report its annual 2024 financial results on Monday, March 24, with a conference call scheduled for 5 p.m. Eastern time. Investors will be watching closely to see how these recent wins translate into financial performance.

In December 2024, Litchfield Hills Research initiated coverage of Actelis with a $5 price target and Buy rating, highlighting the company's technology portfolio and global reach, serving customers across 30 countries, including government agencies, transportation authorities, and defense organizations.

With the global smart cities market reportedly to expand to $300 billion by 2032, and the ITS segment expected to reach $65.33 billion by 2032, Actelis appears well-positioned with its cyber-hardened networking solutions for these rapidly growing IoT and critical infrastructure markets.

Recent News Highlights from Actelis

* Disclaimer: Nothing in this report constitutes financial or investment advice, nor does it represent an offer to buy or sell securities. This alert is published by MarketNewsAlerts, a promotional content brand which is part of the Wall Street Wire™ network. The operators of Wall Street Wire are not registered brokers, dealers, or investment advisers. This distribution contains paid promotional content related to Actelis Networks and was produced as part of their paid subscription to Wall Street Wire. This report has not been reviewed or approved by Actelis Networks prior to publication. Please review the full disclaimers and compensation disclosures here: . We are not responsible for the price targets mentioned in this article nor do we it endorse them, they are quoted based on publicly available news reports. Readers are advised to refer to the full reports mentioned on various systems and the disclaimers/disclosures they may be subject to.

EN
18/03/2025

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Reports on ACTELIS NETWORKS INC

 PRESS RELEASE

Market News Alert: Actelis Networks Continues to Show Positive Commerc...

NEW YORK--(BUSINESS WIRE)-- Market News Alerts Reports: Actelis Networks (NASDAQ: ASNS)*, a leader in cyber-hardened networking solutions, continues to demonstrate strong commercial momentum with recent follow-on orders that expand its footprint in critical infrastructure sectors. The company recently announced a strategic follow-on order from a Hungarian utility provider, building upon their initial engagement announced in October 2023. Additionally, Actelis secured an order for Ventura County, California's Systemic Countywide Signalized Intersection Improvement Project, further reinforcing i...

 PRESS RELEASE

Actelis Networks to Report Annual 2024 Financial Results on Monday, Ma...

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Actelis Receives Follow-On Order to Expand Networking Deployment for M...

Actelis Receives Follow-On Order to Expand Networking Deployment for Major Hungarian Utility Provider Follow-on order expands deployment of Actelis’ cyber-hardened networking solutions to enhance secure communications for critical infrastructure in Hungary FREMONT, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced that it has received a follow-on order from a Hungarian utility provider to support the cont...

 PRESS RELEASE

Actelis Networks Secures Order for Countywide Intersection Modernizati...

Actelis Networks Secures Order for Countywide Intersection Modernization in Ventura County, California FREMONT, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced it has received an order for the County of Ventura California’s Systemic Countywide Signalized Intersection Improvement Project. This project will modernize and enhance the reliability of traffic signal communications across the county. As part o...

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Actelis Networks Appoints Leading Industry Expert Julie Kunstler as Bo...

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