ACTELIS NETWORKS INC

ASNS

Market cap $2.38M

Transaction expected to mark Actelis' entry into the high-growth AI-driven data center networking market, leveraging Exaware's rapidly expanding footprint across data center environments

SUNNYVALE, Calif., March 23, 2026 (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 secured an order to supply its hybrid fiber-copper networking solutions for an intelligent transportation system (ITS) upgrade in the City of Cincinnati, Ohio. The deployment will support intersection upgrades in the city, further extending Actelis' presence in the U.S. municipal ITS market.

Fourth quarter revenue more than doubles sequentially with improved margins; Company continues to expand its footprint across key sectors Fourth quarter revenue more than doubles sequentially with improved margins; Company continues to expand its footprint across key sectors

Order expands Actelis' growing presence across Japan's critical infrastructure sector, spanning civil and potentially military applications Order expands Actelis' growing presence across Japan's critical infrastructure sector, spanning civil and potentially military applications

Follow-on order of approximately $150,000 validates Actelis' solution and demonstrates growing adoption in energy sector; deployment supports homeland security objectives through modernization of critical infrastructure monitoring and cyber-hardened connectivity Follow-on order of approximately $150,000 validates Actelis' solution and demonstrates growing adoption in energy sector; deployment supports homeland security objectives through modernization of critical infrastructure monitoring and cyber-hardened connectivity

Actelis' Networking Solutions Selected for City Infrastructure Project, Further Expanding the Company's Footprint Across the West Coast of the United States

Partnership will combine VITEC's IPTV platform with Actelis' hybrid networking Gigaline technology to unlock high-performance video delivery without rewiring for legacy infrastructure Partnership will combine VITEC's IPTV platform with Actelis' hybrid networking Gigaline technology to unlock high-performance video delivery without rewiring for legacy infrastructure

Strategic partnership with global hospitality platform provider active across 26 countries positions company for significant international hotel market expansion Strategic partnership with global hospitality platform provider active across 26 countries positions company for significant international hotel market expansion

Nearly $100,000 order demonstrates growing adoption of Actelis' networking solutions in Japan's rail sector Nearly $100,000 order demonstrates growing adoption of Actelis' networking solutions in Japan's rail sector

Actelis Networks, Inc. (ASNS) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to a loss of $0.09 per share a year ago.