Actelis Announces Order Received and Launch of New Last Mile Hybrid-Fiber Multi-Gigabit Broadband Solution For Buildings and IoT Applications
December 14 2023 - 8:30AM
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
official launch of the cyber and temperature hardened GigaLine 800
Hybrid-Fiber, last mile broadband networking solution. This new
solution is designed to help network operators solve the challenge
of deploying multi-Gigabit connectivity over thousands of feet in a
secure, instantaneous, and economical manner by extending fiber
connectivity utilizing existing copper and coax wiring. Now,
without the need to wait for fiber availability, millions of homes
and businesses can be connected immediately to broadband services
generating new revenue opportunities for providers. Additionally,
with GigaLine 800, operators of smart rail, smart campus, smart
city as well as industrial and military networks have a fast path
to completing their IoT projects on time and under budget.
In recent years, network providers have made
strong progress in deploying fiber, however, in millions of cases
it has not been economical to install fiber all the way to a
building, a specific location or device. For example, today fiber
is installed nearby or “passes” approximately half of the primary
homes in the United States, however, less than half of those homes
in buildings that are “passed” by fiber are actually connected to
the fiber outside. Getting fiber all the way to a home or business
is expensive and time consuming due to construction costs, labor
shortages, permitting issues and landlord-carrier friction.
Actelis’ new GigaLine 800 aims at extending the fiber connection to
all the buildings that fiber does not reach and helps get broadband
services all the way through to homes or offices. Installation is
instant and low cost by utilizing the wiring that is already
present in the building. Similarly, all IoT applications that
require secure, high speed, long reach connectivity to cameras,
radars, small wireless or Wi-Fi base stations, or other devices may
enjoy similar advantages.
The GigaLine 800 solution delivers 5 Gbps over
the last 1,000 feet and 1 Gbps over the last 3,000 feet closing the
gap between the fiber termination point and the out of fiber reach
building. The installation process is simple, saving providers the
time and cost of digging up concrete while eliminating the need to
obtain permits. The GigaLine 800 can be configured for
point-to-point or point-to-multi-point applications, with
capability to connect multiple buildings or IoT devices from one
unit.
Actelis places high importance on network
security when designing its products which is why it incorporated
high-end security protocols into the GigaLine 800. The device
features 256-bit MACsec encryption and integrates seamlessly with
Actelis’ encrypted MetaASSIST element management system to offer
protection at the switching, transmission, and network management
levels. The GigaLine 800 also supports FIPS cyber-security
standards as required by DoD for sensitive applications.
“There is a growing demand in the market to get
multi-Gigabit connectivity to unserved and underserved locations
but in many cases running fiber takes many months to deliver, and
the cost has been way too high to make it happen,” said Tuvia
Barlev, chairman and CEO of Actelis. “Until now, millions of people
have been denied broadband services and we believe that the
GigaLine 800 will be used to solve that problem immediately.”
As previously reported, Actelis showcased its
new GigaLine 800 solution at the Broadband Communities Summit in
May 2023, helping to generate interest from local and state
agencies as well as network providers and system integrators. A
recent order has been received by a global integrator of
infrastructure, demonstrating the appeal of the GigaLine 800 in the
market.
About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) is a
market leader in cyber-hardened, rapid-deployment networking
solutions for wide-area IoT applications including federal, state
and local government, ITS, military, utility, rail, telecom and
campus applications. Actelis’ unique portfolio of hybrid
fiber-copper, environmentally hardened aggregation switches, high
density Ethernet devices, advanced management software and
cyber-protection capabilities, unlocks the hidden value of
essential networks, delivering safer connectivity for rapid,
cost-effective deployment. 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.
Media Contact:Sean Renn Global VP Marketing
& Communicationssrenn@actelis.com
Investor Relations Contact:Kirin SmithPCG
Advisory, Inc.Ksmith@pcgadvisory.com
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