Core Insights - Actelis Networks, Inc. has received new orders from the Washington DC Department of Transportation (DDOT) to enhance its network connectivity infrastructure, following a previous order worth approximately $2.3 million announced in May 2024 [1][4] - The collaboration with M.C. Dean, a key integrator for DDOT, focuses on advanced cyber-physical systems for critical infrastructure [2] - Washington DC is identified as one of the most congested cities in the U.S., necessitating innovative traffic management solutions [3] Company Overview - Actelis is a leader in hybrid fiber-copper networking solutions, providing rapid deployment capabilities for IoT applications across various sectors including government and transportation [5] - The company's technology allows for the transformation of legacy wiring into Gigabit-capable infrastructure, supporting high-demand applications like traffic monitoring systems [4][5] - Actelis' "Cyber Aware Networking" initiative enhances network security through AI-based monitoring and protection for edge devices [5] Industry Context - The traffic congestion in Washington DC is attributed to high population density and significant visitor traffic, highlighting the need for effective traffic management systems [3] - Actelis' solutions are positioned as a cost-effective alternative for cities looking to modernize their traffic management infrastructure without the need for extensive new cabling [4][5]

FREMONT, Calif., Nov. 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 third quarter ended September 30, 2024. Financial Highlights for the Third Quarter and nine months ending September 30: Robust Revenue Growth, Surpassing Full-Year 2023 in Nine Months: Revenue reached $2.54 million in Q3 2024, a 200% year-o ...

Exhibit 99.1 Actelis Networks Reports Q3 2024 Results: 200% Quarterly Revenue Growth; 46% Year-to-Date Growth Reaching $6.7 Million Strong revenue growth and a significant increase in gross margin from 34% to 58% for the nine months ending June 2024. Q3 2024 EBITDA loss narrowed to $0.2 million, reflecting ongoing momentum and successful cost reduction ef orts. FREMONT, Calif., November 14, 2024 — Actelis Networks, Inc. (NASDAQ: ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid de ...

U. S. Securities and Exchange Commission Washington, D. C. 20549 Delaware 52-2160309 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer I.D. No.) Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.0001 par value per share ASNS The Nasdaq Capital Market Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☒ Emerging growth company ☒ FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF TH ...

November is often a lucrative period for small-cap stock market investments. Historically, the S&P 500 and the small-cap-focused Russell 2000 have delivered strong returns during the November-April stretch. This year, the S&P 500 has maintained its upward trajectory since April, suggesting continued momentum. Historical data reveals that when the S&P 500 gains over 10% in the May-October period, it typically sees further gains in the following six months. This trend offers compelling evidence for investors ...

FREMONT, Calif., Oct. 28, 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 a follow-on order for the expansion of its hybrid-fiber networking technology for a Major German Municipality. This order further strengthens Actelis' footprint in Germany, and further bolsters its presence in the field of intelligent transportation systems (ITS ...

FREMONT, Calif., Oct. 15, 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 a new follow-on order in new geographies from a major aerial transportation agency operating underneath the umbrella of the U.S. Department of Transportation. This follows the significant order previously announced by Actelis in September, for the same agency, d ...

FREMONT, Calif., Oct. 02, 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 a new order for its cyber-hardened temperature hardened networking technology for a major Italian motorways operator. This order is an expansion of an order previously announced in June for an Italian National Transportation Infrastructure Project of over $300,0 ...

FREMONT, Calif., Sept. 26, 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 a $200,000 order from the United States Department of Military Affairs to supply a US Army National Guard base with its cyber-hardened hybrid-fiber networking solution. Actelis continues to build on its momentum in the federal government sector, having just rec ...

FREMONT, Calif., Sept. 09, 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 a new significant order for a major aerial transportation agency operating underneath the umbrella of the U.S. Department of Transportation. Actelis continues to expand its presence in the transportation sector with its cyber-hardened, hybrid-fiber networking t ...