Actelis Networks Secures a Significant Order Ahead of Expected Next Phase of NRTS, Positioning the Company for Major Future Opportunities
21 1월 2025 - 10:41PM
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 a renewal of services order of a 6-figure US Dollar
value from Kenton Group, a long-time partner, to provide continued
support services for hybrid networking systems supplied to UK
transport authorities. This order builds on Actelis’ existing role
in supporting critical transport infrastructure and positions the
company to play a key role in future digital upgrades across the
UK’s transportation network.
The ongoing support is in the modernization of the National
Roads Telecommunications Service (NRTS), a vital digital
infrastructure supporting England’s Strategic Road Network (SRN).
The NRTS connects over 36,000 services, enabling real-time
monitoring and advanced traffic management. Actelis’ hybrid fiber
solutions deliver cost-effective, fiber-grade connectivity by
leveraging existing infrastructure to support smart road
technologies such as Vehicle-to-Everything (V2X) and automated
systems.
“We are excited to continue supporting digital transformation
initiatives in the UK,” said Tuvia Barlev, Chairman and CEO of
Actelis Networks. “This order reinforces the confidence in our
cyber-hardened networking solutions and highlights our ability to
deliver innovative, scalable technologies that improve safety and
operational efficiency across vital transport systems. Looking
ahead, we see this as a precursor to significant opportunities as
the UK prepares for the anticipated next phase of the NRTS
upgrade.”
The anticipated NRTS-3 phase is expected to further modernize
the UK’s transport network with advanced digital services. Actelis’
hybrid fiber-copper solutions provide a unique advantage in these
upgrades, enabling secure, high-speed connectivity over existing
infrastructure without the need for extensive new deployments. As
the UK government continues to invest in smart road technologies,
Actelis is well-positioned to secure substantial new orders in the
coming phases of the project.
This announcement follows recent high-profile orders from
Washington D.C. Department of Transportation (DDOT) and the City of
Seattle, further cementing Actelis’ leadership in delivering hybrid
fiber networking solutions for Intelligent Transportation Systems
(ITS). These deployments highlight Actelis’ growing global
footprint and its ability to support critical infrastructure
modernization efforts across key markets.
About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in
hybrid fiber-copper, cyber-hardened networking solutions for rapid
deployment in wide-area IoT applications, including government,
ITS, military, utility, rail, telecom, and campus networks.
Actelis’ innovative portfolio offers fiber-grade performance with
the flexibility and cost-efficiency of hybrid fiber-copper
networks. Through its "Cyber Aware Networking" initiative, Actelis
also provides AI-based cyber monitoring and protection for all edge
devices, enhancing network security and resilience.
For more information, please visit www.actelis.com.
Forward-looking Statements
This press release contains certain forward-looking statements
within the meaning of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These statements are
identified by the use of the words "could," "believe,"
"anticipate," "intend," "estimate," "expect," "may," "continue,"
"predict," "potential," "project" and similar expressions that are
intended to identify forward-looking statements. All
forward-looking statements speak only as of the date of this press
release. You should not place undue reliance on these
forward-looking statements. Although we believe that our plans,
objectives, expectations and intentions reflected in or suggested
by the forward-looking statements are reasonable, we can give no
assurance that these plans, objectives, expectations or intentions
will be achieved. Forward-looking statements involve significant
risks and uncertainties (some of which are beyond our control) and
assumptions that could cause actual results to differ materially
from historical experience and present expectations or projections.
Actual results to differ materially from those in the
forward-looking statements and the trading price for our common
stock may fluctuate significantly. Forward-looking statements also
are affected by the risk factors described in the Company's filings
with the U.S. Securities and Exchange Commission. Except as
required by law, we undertake no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise, after the date on which
the statements are made or to reflect the occurrence of
unanticipated events.
Contact:
ARX | Capital Markets AdvisorsNorth American Equities
Deskactelis@arxadvisory.com
Actelis Networks (NASDAQ:ASNS)
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