Actelis Networks Announces New $1.5 Million Credit Line

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. The accounts receivable credit line from an Israeli bank of up to $1.5 million increases the Company's operating cash while not increasing the Company's total debt, as the Company will perform an early repayment of its existing debt using it ...