FREMONT, Calif, Aug. 21, 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 started the process of an operational restructuring to reach increased efficiency in delivering customer value and improve market focus, while reducing expenses. The initiative targets a reduction of approximately 20% of the Company's expenses and is expected to be implemented gradually through the end of 2025, while strengthening the sales focus and customer delivery. "We are working to increase our customer focus while becoming more effi

FREMONT, Calif., Aug. 14, 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 reported financial results for the second quarter ended June 30, 2025. "We navigated a dynamic market environment in the second quarter, while laying the groundwork for improved growth ahead, primarily in our Federal and Military verticals where we are awaiting sizeable business that was delayed in Q2 and is expected in Q3. In addition, we have accelerated and expanded our MDU market penetration efforts in more countries and more verticals,", said Tuvia Barlev

FREMONT, Calif, Aug. 11, 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 the appointment of Mark DeVol as Chief Revenue Officer Americas, effective August 27th, 2025. DeVol brings over 30 years of distinguished experience in the defense, government, and telecommunications sectors, including extensive relationships with the Department of Defense, Federal Civilian agencies, State & Local governments, wireless and cable operators, educational institutions, and utility companies. His appointment strengthens Actelis' accelerati

FREMONT, Calif, Aug. 06, 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 its Board of Directors has approved a new treasury management strategy that includes the strategic allocation of corporate funds to cryptocurrencies as part of the Company's broader capital allocation framework. The Board has authorized management to diversify the Company's treasury holdings through selective investments in established digital assets that meet specific criteria, including cryptocurrencies ranked within the top 100 by market capit

FREMONT, Calif., Aug. 04, 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 it has secured a new order from a leading tier 2 telecommunications carrier in the United Kingdom ("UK") to deploy its advanced hybrid-fiber networking solutions for enterprise connectivity applications. This strategic win represents Actelis' continued expansion in the UK telecommunications market, where the Company's innovative technology enables carriers to deliver fiber-grade connectivity to enterprise customers over existing infrastructure, signi

FREMONT, Calif., July 24, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced it has received a new order from a member of a large Pan European Telecom Group for its GigaLine technology to support mobile base station backhaul requiring gigabit communication over long distances. This order addresses critical mobile infrastructure connectivity challenges and establishes the foundation for potential large-scale network modernization programs across the carrier's European service territories. The GigaLine solution enables the carrier to provide reliable gigab

FREMONT, Calif, July 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 the closing of its previously announced private placement priced at-the-market under Nasdaq rules for the issuance and sale of 1,626,019 shares of its common stock, Series A-3 warrants to purchase up to an aggregate of 1,626,019 shares of common stock and short-term Series A-4 warrants to purchase up to an aggregate of 3,252,038 shares of common stock, at a purchase price of $0.615 per share and associated warrants. The warrants have an exercise pric

FREMONT, Calif, July 01, 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 entered into definitive agreements for the issuance and sale of 1,626,019 shares of its common stock, Series A-3 warrants to purchase up to an aggregate of 1,626,019 shares of common stock and short-term Series A-4 warrants to purchase up to an aggregate of 3,252,038 shares of common stock, at a purchase price of $0.615 per share and associated warrants in a private placement priced at-the-market under Nasdaq rules. The warrants will have

FREMONT, Calif, June 26, 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 its plans to accelerate artificial intelligence ("AI") implementation geared towards revenue growth across its three core markets, Federal/Military, Smart City/Intelligent Transportation, and Multi-Dwelling Units, and execution of its operational goals, including efficiency that would enable further cost reduction. The Company has integrated AI tools into software development, testing, marketing content creation, and administrative applications, and i

FREMONT, Calif., June 24, 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 it has received an initial order from a major telecommunications carrier in the United States to deploy its advanced GigaLine solutions, allowing instant gigabit connectivity for multi-dwelling unit (MDU). This marks Actelis' first success with a significant telecommunications carrier of this size and stature in the United States, providing the carrier with the Company's innovative GigaLine 800 and GigaLine 900 solutions. These products are specifica

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FREMONT, Calif., May 06, 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 will report its first quarter 2025 financial results and operational highlights after the close of the U.S. financial markets on Tuesday, May 13, 2025. 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' innovat

FREMONT, Calif., March 24, 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 its financial results for the full year 2024, reporting significant improvements across key financial metrics. The company showed strong performance, with revenue growth, improved margins, and continued progress in its strategic market positioning. Key Financial Highlights Major Increase in Revenue: Total revenue reached $7.8 million for the full year 2024, representing a major increase of 38% from $5.6 million in 2023. This growth was driv

Actelis Networks continues to gain significant positive momentum with recent orders in critical infrastructure, backed by $5 price target and buy rating from Wall Street analyst as company expands presence in growing smartcities, utility, and defense markets; Company expected to report 2024 financial results soon; Global smartcity market expected to reach 300 billion by 2032 according to recent reports Market News Alerts Reports: Actelis Networks (NASDAQ:ASNS)*, a leader in cyber-hardened networking solutions, continues to demonstrate strong commercial momentum with recent follow-on orders that expand its footprint in critical infrastructure sectors. The company recently announced a strate

FREMONT, Calif., March 13, 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 will publish its annual 2024 financial results on Monday, March 24, 2025. The Company will hold a conference call on the same day, Monday, March 24, 2025, at 5 p.m. Eastern time to discuss its business and financial results and will answer questions. Parties who are interested may submit questions before or at the time of the call. Actelis' CEO Tuvia Barlev and Deputy CEO and CFO Yoav Efron will host the call. Date: Monday, March 24,

FREMONT, Calif., March 22, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, will hold a conference call on Wednesday, March 29, 2023, at 4:30 p.m. Eastern time to discuss its financial results for the fiscal full year ended December 31, 2022. Company CEO Tuvia Barlev and CFO Yoav Efron will host the call. Date: Wednesday, March 29, 2023Time: 4:30 p.m. Eastern timeU.S. & Canada dial-in (toll-free): (800) 715-9871International dial-in (toll): +1(646) 307-1963Conference ID: 5824707 Please call the conference telephone number 10 minutes prior to

FREMONT, Calif., Nov. 04, 2022 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid-deployment networking solutions for wide-area IoT networks, will hold a conference call on Friday, November 11, 2022, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal third quarter ended September 30, 2022. Company CEO Tuvia Barlev and CFO Yoav Efron will host the call. Date: Friday, November 11, 2022Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)U.S. & Canada dial-in (toll-free): (800) 715-9871International dial-in (toll): +1(646) 307-1963Conference ID: 6957723 Please call t

FREMONT, Calif., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid-deployment networking solutions for wide-area IoT networks, will hold a conference call on Thursday, August 11, 2022 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal second quarter ended June 30, 2022. Company CEO Tuvia Barlev and CFO Yoav Efron will host the call. Date: Thursday, August 11, 2022Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)U.S. & Canada dial-in (toll-free): (800) 715-9871International dial-in (toll): +16463071963Conference ID: 2342820 Please call the confer

FREMONT, Calif, Aug. 11, 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 the appointment of Mark DeVol as Chief Revenue Officer Americas, effective August 27th, 2025. DeVol brings over 30 years of distinguished experience in the defense, government, and telecommunications sectors, including extensive relationships with the Department of Defense, Federal Civilian agencies, State & Local governments, wireless and cable operators, educational institutions, and utility companies. His appointment strengthens Actelis' accelerati

FREMONT, Calif, June 16, 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 is accelerating its federal and military market expansion initiatives. As part of this strategic push, the Company is pleased to announce that it has hired Mr. Jason Chasse as full-time Director of Federal Sales. Actelis has a long history serving as a trusted partner to major military and federal agencies and believes the Company is uniquely positioned to capitalize on major opportunities in the sector. These strategic steps reflect Actelis'

FREMONT, Calif., Feb. 13, 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 the appointment of Julie Kunstler as an independent director to its Board of Directors, effective immediately. Kunstler brings over three decades of experience in the communications components, broadband access equipment sectors, and strategic corporate positioning, along with public company board experience. Kunstler currently serves on the board of Ethernity Networks Ltd., a company traded on the London Stock Exchange, and previously served on the

With a recently announced AI-powered cyber offering, impressive government contracts, on the backdrop of new tariffs that could bolster governmental engagements with American Companies, Actelis Networks' latest strategic moves seem to reinforce its position in the $154 Billion Dollar critical infrastructure protection market; Wall street analyst recently gave Actelis a $5 price target and buy recommendation Market News Alerts Reports: Actelis Networks* (NASDAQ:ASNS), a leader in cyber-hardened networking solutions, has appointed Dr. Niel Ransom to its Board of Directors. A veteran with nearly five decades in networking, cybersecurity, and deep-tech investment, Ransom brings critical exper

FREMONT, Calif., Feb. 04, 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 the appointment of Dr. Niel Ransom, an industry veteran in networking, cybersecurity, and deep-tech investments, to its Board of Directors, effective immediately. Dr. Ransom is an industry luminary with nearly five decades of experience in networking and communications technology. He began his career at Bell Labs, contributing to industry-first innovations in applied research and product development. He later held pivotal leadership roles, including

SAN FRANCISCO, CA / ACCESSWIRE / August 20, 2024 / Quality Industrial Corp. (OTC:QIND) is an Industrial company servicing the Oil & Gas and Utility sectors.The company is pleased to announce that on August 19, 2024, its board of directors approved and ratified the appointment of Bush and Associates CPA ("Bush and Associates") as its independent registered public accounting firm. Bush and Associates will review QIND's consolidated financial statements for the period ending June 30, 2024. They will also audit the company's consolidated financial statements for the fiscal year ending December 31, 2024. Bush and Associates replace Pipara and Co LLP ("Pipara") as QIND's independent auditor.On May

FREMONT, Calif., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company") a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, today announced that it has received several recent orders to deploy its hybrid fiber-copper networking solution to support IoT connectivity for major highway and rail systems in Japan. Actelis continues its momentum in the Asia-Pacific region where, as previously reported, the Company recently announced the appointment of Tzachy Givaty as Regional Vice President to lead the Company's regional business development and channel partner expansion efforts. The projects for J

FREMONT, Calif., July 12, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company") a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, today announced the appointment of Bret Harrison as the new Senior Vice President of Sales and Services for the Americas, to lead the Company's business development and channel partner expansion efforts in the region. Mr. Harrison brings a strong track record of achievement over the past 20 years in the areas of sales leadership, business development and key partners/alliances management roles within enterprises, global cybersecurity, telecommunications, and IoT solution

FREMONT, Calif., March 08, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company") a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, today announced the appointment of Tzachy Givaty as Regional Vice President for Asia-Pacific ("APAC") to lead the company's business development and channel partner expansion efforts in the region. Givaty has a proven record of achievement over the past 20 years in the areas of sales management, business development & key partners/alliances management roles within global cybersecurity, mobile & IoT solutions and enterprise SaaS-based software solutions companies. Prior

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