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Stock impact report

Actelis Receives Follow-On Order to Expand Networking Deployment for Major Hungarian Utility Provider

Actelis Networks, Inc. (ASNS) 
Last actelis networks, inc. earnings: 11/9 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.arsanis.com/investor-relations
Company Research Source: GlobeNewswire
FREMONT, Calif., March 03, 2025 (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 received a follow-on order from a Hungarian utility provider to support the continued modernization of its communications network. This order builds upon Actelis’ previously announced engagement in October 2023, when the company was selected to provide its advanced hybrid fiber networking technology for the utility’s operations. The latest order will expand deployment across additional locations, reinforcing the network’s ability to deliver secure, high-speed data transmission essential for monitoring and controlling critical infrastructure. “We are pleased to continue supporting the digital transformation of Hungary’s energy sector,” said Tuvia Barlev, Chairman and CEO of Actelis. “This follow-on order underscores the continuous Show less Read more
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