Actelis Networks Inc

Actelis Networks, Inc. is a networking solutions company that implements communication for IoT projects. Its networking solutions use a combination of newly deployed fiber infrastructure and existing copper and coaxial lines to create quick-to-deploy network. The firm develops broadband solutions for telecom service providers, enterprises and municipalities. It is accelerating broadband services to businesses and residential subscribers through Broadband Accelerator (BBA), EFMplus, Dynamic Rate Boost (DRB) and Dynamic Spectral Shaping (DSS). The company was founded by Yuval Baron, Tuvia Barlev and Kamran Elahian in 1997 and is headquartered in Fremont, CA.

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Actelis Networks, Inc. is a networking solutions company that implements communication for IoT projects. Its networking solutions use a combination of newly deployed fiber infrastructure and existing copper and coaxial lines to create quick-to-deploy network. The firm develops broadband solutions for telecom service providers, enterprises and municipalities. It is accelerating broadband services to businesses and residential subscribers through Broadband Accelerator (BBA), EFMplus, Dynamic Rate Boost (DRB) and Dynamic Spectral Shaping (DSS). The company was founded by Yuval Baron, Tuvia Barlev and Kamran Elahian in 1998 and is headquartered in Fremont, CA.

FREMONT, Calif., June 06, 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 the closing of its previously announced exercise of certain outstanding warrants to purchase up to an aggregate of 999,670 shares of common stock of the Company originally issued in May 2023 and September 2023 having an exercise price of $2.75 per share. The shares of common stock issued upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-1 (No. 333-276425). The gross proceeds to the Company from the exercise of the warrants were approximately $3 million, prior to deducting placement agent fees and estimated offering expenses.

Actelis Announces Closing of Exercise of Warrants for $3 Million Gross Proceeds

Actelis Networks (NASDAQ: ASNS ) stock is falling hard on Thursday but it's not due to any negative news from the cyber-hardened networking solutions company. Instead, shares of ASNS stock are down after undergoing a massive rally yesterday.

Why Is Actelis Networks (ASNS) Stock Down 37% Today?

FREMONT, Calif., June 05, 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 the entry into a definitive agreement for the immediate exercise of certain outstanding warrants to purchase up to an aggregate of 999,670 shares of common stock of the Company originally issued in May 2023 and September 2023 having an exercise price of $2.75 per share. The shares of common stock issuable upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-1 (No. 333-276425). The gross proceeds to the Company from the exercise of the warrants are expected to be approximately $3 million, prior to deducting placement agent fees and estimated offering expenses.

Actelis Announces Exercise of Warrants for $3 Million Gross Proceeds

The company's products, distinguished by 256-bit MACsec encryption, data fragmentation, and scrambling, offer robust data protection essential for military applications. These features make Actelis' technology unique on the DoDIN APL, enhancing security networks across the military.

ASNS stock soars 689% after Actelis Networks secures major contract with U.S. military

Actelis Networks (NASDAQ: ASNS ) stock is rocketing higher on Wednesday after the company announced a new contract with three U.S. military bases. This contract will have Actelis Networks providing each of these bases with cyber-hardened networking technology.

Why Is Actelis Networks (ASNS) Stock Up 689% Today?

FREMONT, Calif., June 04, 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 new orders for cyber-hardened networking technology to be deployed on three U.S. military bases.

Actelis Receives New Orders to Supply Three Military Bases with Cyber-Hardened Networking Technology, Continues Momentum with U.S. Military

Actelis announced the signing of a binding term sheet to acquire between 61% to 75% of the issued and outstanding shares of Quality Industrial Corporation.

Actelis Networks Signs Binding Term Sheet to Acquire Quality Industrial Corporation and Expand Operations in Critical Energy Industry

FREMONT, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, today reported financial results for the fiscal first quarter ended March 31, 2024.

Actelis Networks Reports Fiscal First Quarter 2024

Actelis has fulfilled a new order for the City of Bakersfield, CA to bring instant, fiber-grade network connectivity to the city's traffic intersections.

Actelis Receives Order and Delivers Instant, Secure Fiber-Grade Networking to Modernize City of Bakersfield, California

Actelis has received an approximately $2.3 million order for Washington D.C.'s Department of Transportation (DDOT) New Intelligent Networking Solution.

Actelis Receives $2.3 Million Order for Immediate Delivery of New Hybrid-Fiber Intelligent Networking Solution For Washington D.C.'s Department of Transportation

FREMONT, Calif., April 04, 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 entered into a partnership agreement with Khushi Communications Pvt.

Actelis Networks and Khushi Communications Partner to Enable Expansion of IoT Networks Throughout India

FREMONT, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, hybrid-fiber rapid deployment networking solutions for wide area IoT applications, today reported financial results for the fiscal full year 2023 ended December 31, 2023.

Actelis Networks Reports Fiscal Full Year 2023 Results

FREMONT, Calif., Feb. 29, 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 achieved U.S. Department of Commerce National Institute of Standards and Technology (NIST) certification for FIPS 140-2 cryptographic standard.

Actelis Achieves National Institute of Standards and Technology (NIST) Certification for Data Cyber Security

FREMONT, Calif., Feb. 07, 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 the closing of a new credit line facility.

Actelis Networks Announces New $1.5 Million Credit Line

The Department of Defense has added Actelis products to the consolidated list of products that have met cybersecurity and interoperability certification.

Actelis Announces U.S. Department of Defense JITC Labs Approval for Cybersecurity and Interoperability and Approved Products List Status

Actelis announced that it has received an order for software and services in the amount of approx. $300,000 from a major North American rail operator.

Actelis Receives Order From Major North American Rail Operator For Management Software And Services

FREMONT, Calif., Dec. 20, 2023 (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 the closing of its previously announced private placement, priced at-the-market under Nasdaq rules, of 1,271,187 shares of its common stock (or common stock equivalents) and warrants to purchase up to 1,271,187 shares of its common stock at a purchase price of $1.18 per share of common stock (or common stock equivalent) and associated warrant. The warrants have an exercise price of $1.18 per share, will be exercisable commencing on the effective date of shareholder approval of the issuance of the shares issuable upon exercise of the warrants and will expire five and one-half years following the issuance.

Actelis Networks Announces Closing of $1.5 Million Private Placement Priced At-The-Market Under Nasdaq Rules

FREMONT, Calif., Dec. 18, 2023 (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 entered into definitive agreements for the purchase and sale of 1,271,187 shares of its common stock (or common stock equivalents) and warrants to purchase up to 1,271,187 shares of its common stock at a purchase price of $1.18 per share of common stock (or common stock equivalent) and associated warrant in a private placement priced at-the-market under Nasdaq rules. The warrants have an exercise price of $1.18 per share, will be exercisable commencing on the effective date of shareholder approval of the issuance of the shares issuable upon exercise of the warrants and will expire five and one-half years following the issuance.

Actelis Networks Announces $1.5 Million Private Placement Priced At-The-Market Under Nasdaq Rules

FREMONT, Calif., Dec. 14, 2023 (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 the official launch of the cyber and temperature hardened GigaLine 800 Hybrid-Fiber, last mile broadband networking solution.

Actelis Announces Order Received and Launch of New Last Mile Hybrid-Fiber Multi-Gigabit Broadband Solution For Buildings and IoT Applications

FREMONT, Calif., Dec. 06, 2023 (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 and has delivered a new order for multi-gigabit hybrid fiber-copper networking devices to help support the City of Everett's growing intelligent traffic management network.

Actelis Receives Order For Networking Of Traffic Management and Safety IoT Applications In The City of Everett, Washington

MACsec Encrypted Products Chosen To Help Secure Data And Protect Network Operations MACsec Encrypted Products Chosen To Help Secure Data And Protect Network Operations

Actelis Receives Order From Major German Energy Provider For Encrypted, Cyber-Hardened, Hybrid-Fiber Networking

FREMONT, Calif., Nov. 20, 2023 (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 delivered its cyber-hardened, hybrid-fiber networking devices to a US Naval customer based in the Asia-Pacific region.

Actelis Delivers Hybrid-Fiber Networking Solutions to US Naval Base In Asia-Pacific

FREMONT, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment Hybrid-Fiber networking solutions for wide area IoT applications, today reported financial results for the fiscal third quarter and nine months ended September 30, 2023.

Actelis Networks Reports Third Quarter 2023

Tens of Millions of MTUs Can Now Be Quickly Serviced By Network Providers Tens of Millions of MTUs Can Now Be Quickly Serviced By Network Providers

Actelis Launches Unique, Ultra Low Power In-Building Gigabit Connectivity Solution For Instant Service Provisioning of Multi-Tenant Units

Actelis Solution is selected to rapidly modernize and digitize operations Actelis Solution is selected to rapidly modernize and digitize operations

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