Actelis Delivers Hybrid-Fiber Networking Solutions to US Naval Base In Asia-Pacific
November 20 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 that it has delivered its cyber-hardened, hybrid-fiber
networking devices to a US Naval customer based in the Asia-Pacific
region. This is to help the customer modernize its on-base
operations, demonstrating the trust the Navy has in the Actelis
solutions.
The naval base selected the Actelis solution for
two main purposes. The first was to replace low speed, secure
legacy 3rd party networking equipment with robust, secure, software
managed, weather hardened network switches; the second purpose was
to expand its network rapidly by connecting to new locations,
further digitizing and protecting its IT infrastructure. The
upgraded network will utilize Actelis’ extended reach products,
providing the capability to extend connectivity over long distances
and to hard-to-reach locations.
Military base modernization requires secure and
reliable high-speed connectivity to enable voice and data
communications for buildings such as barracks, as well as for IoT
devices and mission critical systems. Getting this type of
connectivity deployed on a military base can involve costly and
time-consuming design and engineering services as well as high
construction costs. Branches of US military have been expanding
their network with Actelis devices because they eliminate most of
those costs, and provide immediate fiber-grade connectivity over
any existing wireline medium: The hybrid-fiber solution connects
over fiber if it is available, and otherwise boosts the performance
of bonded copper wiring or coax through to fiber-grade, secure
connectivity with Actelis’ patented Metalight technology.
“We have proven that secure, fiber-grade
connectivity can be achieved by dramatically improving the data
speed and communication quality over the wiring that is already
installed on base and can be done in one afternoon compared to new
fiber deployment that can take months,” said Tuvia Barlev, Chairman
and CEO of Actelis. “We are proud that we are saving bases hundreds
of thousands and millions of dollars and, at the same time, getting
them instantly the high-speed connectivity they need.”
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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