openPR Logo
Press release

Market Alert: Actelis Networks Lands Expansion Orders for Washington DC Transportation Department Multi-Billion Dollar Partner

11-25-2024 11:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Market Alert: Actelis Networks Lands Expansion Orders

TL;DR: Actelis Networks (NASDAQ: ASNS) has secured two new expansion orders from the Washington DC Department of Transportation (DDOT) in collaboration with M.C. Dean. This initiative reinforces Actelis' commitment to modernizing the city's traffic management infrastructure, utilizing its advanced hybrid-fiber solutions to enhance connectivity and optimize traffic flow in one of the nation's busiest urban environments.
Actelis Networks (NASDAQ: ASNS) has announced the receipt of expansion orders from the Washington DC Department of Transportation (DDOT), marking a significant step in the ongoing modernization of the city's critical infrastructure. These new orders build on a previously announced $2.3 million project from May 2024, emphasizing Actelis' role as a trusted partner in enhancing transportation systems in the nation's capital.

The collaboration with M.C. Dean, a prominent integrator specializing in advanced cyber-physical systems, is pivotal in delivering innovative solutions tailored to the challenges of traffic congestion in Washington DC-one of the most congested cities in the United States, according to a report from the Texas A&M Transportation Institute. With a growing population and heavy tourist traffic, effective management of roadways is essential for improving safety and efficiency.

"Washington, DC's complex traffic environment necessitates innovative solutions for managing roadways," said Tuvia Barlev, Chairman and CEO of Actelis. "The backbone of effective traffic management systems is reliable, far-reaching network connectivity. Actelis enables DDOT to optimize traffic flow, improve safety, and enhance data collection using tools such as signal timing and traffic cameras."

The recent expansion into DDOT's infrastructure comes at a time when Actelis is experiencing significant momentum within the industry. Earlier this year, the company achieved the National Institute of Standards and Technology (NIST) certification for data cybersecurity, showcasing its commitment to providing secure and resilient networking solutions. Additionally, Actelis has been successful in securing major contracts, such as the order for the City of Napa's intelligent traffic management system, which further underscores its capabilities in enhancing urban connectivity. Most recently, the company reported a remarkable 200% growth in q3 revenues, reflecting strong demand for its innovative hybrid-fiber solutions across diverse sectors.

Actelis' cyber-hardened hybrid-fiber networking technology stands out by providing fiber-grade performance while utilizing existing wiring, thus avoiding the lengthy and costly process of laying new cables. This capability allows for the rapid deployment of high-demand applications, such as data-intensive traffic monitoring systems and advanced traffic cameras, making a substantial impact on the city's ability to manage its complex traffic environment.

Barlev further noted, "Washington, DC has now become a showcase for Actelis' hybrid fiber-copper technology and a model for how other cities can efficiently modernize their traffic management infrastructure. Our collaboration with M.C. Dean has proven that cities can save hundreds of thousands of dollars-or more-on construction costs while achieving the performance required to manage dense roadway systems."

As Actelis continues to expand its footprint in the transportation sector, the company's innovative solutions position it well to address the growing need for advanced, secure connectivity in urban environments. The partnership with M.C. Dean not only showcases Actelis' technology but also serves as a model for other cities aiming to streamline their traffic management systems efficiently and sustainably.

Quick Links, Read More >>

* [https://thefinanceherald.com/capitalizing-on-the-booming-demand-for-safer-roads-and-smarter-cars-cipias-role-in-reshaping-the-future/]

* [https://thefinanceherald.com/actelis-networks-results-surge-in-q3-2024-with-200-revenue-growth-and-rising-margins-fueling-optimism-for-the-future/]

* [https://venture-block.com/microsoft-unveils-game-changing-ai-recall-feature-for-enhanced-windows-11-experience/]

Image: https://www.abnewswire.com/uploads/d2d61a84dcac890534609405dcd466f2.jpg

This article is for informational purposes only and is not intended to serve as financial, investment or any form of professional advice, recommendation or endorsement. The article was written in collaboration with Global Markets News Network, a commercially operated IR digital brand compensated by the issuer (Actelis) to provide coverage of its news and developments, among other things. Readers are encouraged to read the full disclaimers and disclosures [https://justpaste.it/ecto7/pdf] document that the article is subject to https://justpaste.it/ecto7/pdf [https://justpaste.it/ecto7/pdf] . This article may include forward looking statements which cannot be guaranteed as discussed in the documentation.

Media Contact
Company Name: Global Markets News Network
Contact Person: News Desk
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=market-alert-actelis-networks-lands-expansion-orders-for-washington-dc-transportation-department-multibillion-dollar-partner]
Country: United States
Website: https://www.futuremarketsresearch.com/global-markets-news



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Market Alert: Actelis Networks Lands Expansion Orders for Washington DC Transportation Department Multi-Billion Dollar Partner here

News-ID: 3755251 • Views:

More Releases from ABNewswire

Phinity Therapy Strengthens Counselling Services in Edgbaston, Sparkhill & Northfield as Demand Grows Across Birmingham, UK
Phinity Therapy Strengthens Counselling Services in Edgbaston, Sparkhill & North …
Phinity Therapy has expanded its counselling services across Edgbaston, Sparkhill, and Northfield to meet growing mental health needs in Birmingham, UK. With more residents searching for "counselling near me", the clinic now offers greater access to qualified counsellors and evidence-based therapy. Phinity Therapy continues to support local communities with compassionate, personalised care and deep knowledge of Birmingham's diverse neighbourhoods. As Birmingham continues to evolve, so do the emotional and psychological challenges
JCFLOW Launches New Silicone Beads and Expands Wholesale Market Reach
JCFLOW Launches New Silicone Beads and Expands Wholesale Market Reach
JCFLOW [https://jcflowbeads.com/], a leading silicone bead factory store with operations in Las Vegas and China, is excited to announce the launch of its newest range of silicone beads, designed to meet the evolving needs of DIY crafters, small businesses, and creative entrepreneurs worldwide. Alongside the product launch, JCFLOW is implementing a strategic market expansion initiative to increase accessibility, offer customization options, and strengthen its position as a global leader in
Aspen Artist Shelly Hamill Celebrates 25 Years of Transforming Heirloom China Into Contemporary Mosaic Art
Aspen Artist Shelly Hamill Celebrates 25 Years of Transforming Heirloom China In …
Renowned mosaic artist Shelly Hamill marks over 25 years of creating unique sculptures from recycled china, offering collectors a meaningful way to transform family heirlooms into displayable art. Trained as a Master of Mosaic in portraiture at the prestigious Orsoni studio in Venice, Italy, Hamill now expands her offerings with a new print-on-demand service and an innovative Print of the Month Club. Shelly Hamill has spent more than a quarter century
Earned Everyday: Military Veterans Launch Athletic Brand Teaching Youth That Confidence Comes From Hard Work
Earned Everyday: Military Veterans Launch Athletic Brand Teaching Youth That Con …
Husband-and-wife Veteran team Matthew and Crystal Rorebeck have transformed their military experience and parenting journey into Earned Everyday, a Weatherford/Aledo athletic apparel brand with a powerful message for young athletes. Drawing from 46 combined years of military service and raising six children through deployment cycles, the retired Majors created a brand that teaches resilience, dedication, and the value of earning success. A new athletic apparel brand with deep roots in military

All 5 Releases


More Releases for Actelis

Actelis Networks Strengthens Federal Position with 30-Year Defense Veteran Amid …
With mounting global security threats, aging military infrastructure, and a Wall Street analyst targeting $5 per share, Actelis Networks (NASDAQ: ASNS)* may be significantly undervalued as it accelerates federal market expansion with proven cyber-hardened networking solutions already deployed across military installations. Actelis Networks (NASDAQ:ASNS)* just announced a major acceleration of its federal and military market expansion, hiring 30-year defense industry veteran Jason Chasse as Director of Federal Sales to capitalize on
Market Alert: Actelis Networks' GL900 Gains Industry Traction, Enabling Scalable …
TL;DR: Actelis Networks' GigaLine 900 (GL900) is gaining traction as a low-power, high-speed internet solution for older multi-dwelling units (MDUs) using existing wiring. This scalable option enables affordable broadband expansion, aligning with federal initiatives and building on Actelis' recent milestones in networking across sectors like military and transportation (NASDAQ:ASNS) Actelis Networks (NASDAQ: ASNS) is seeing [https://www.globenewswire.com/news-release/2024/11/06/2975756/0/en/Actelis-GigaLine-900-Draws-Strong-Global-Industry-Interest-as-a-Unique-Ultra-Low-Power-Solution-for-Instant-Gigabit-Services-in-MDUs.html] strong industry interest in its GigaLine 900 (GL900) broadband solution, a technology that could address
Market Alert: Actelis Networks (NASDAQ: ASNS) Expands U.S. Transportation Reach …
Actelis Networks (NASDAQ: ASNS) recently announced [https://finance.yahoo.com/news/actelis-networks-announces-order-u-200500072.html] a follow-on order from a U.S. Department of Transportation aerial agency, extending its influence within the nation's transportation sector. The new expansion underscores Actelis' role as a trusted provider of hybrid-fiber connectivity solutions, delivering reliable, high-bandwidth networks to support air traffic radar backhaul and other mission-critical applications. This latest order builds on a significant September agreement with the same agency, as federal and state
Actelis Networks Expands Military Sector Presence with $200,000 Order for Nation …
Actelis Networks (NASDAQ: ASNS) a leader in hybrid-fiber networking solutions designed for IoT applications and cyber-hardened environments, has announced [https://finance.yahoo.com/news/actelis-networks-receives-200-000-123000285.html] a $200,000 order from the U.S. Department of Military Affairs. This order will enable a U.S. Army National Guard base to modernize its network infrastructure using Actelis' cutting-edge hybrid-fiber technology. This development is a continuation of Actelis' growing influence in the federal government and military sectors, highlighting its reputation for
Actelis Networks Expands Footprint with New Contract for Intelligent Traffic Sys …
New contract marks another achievement for the Actelis on the backdrop of impressive Q2 results and a new partnership to launch AI-powered cyber security SAAS for IOT Networks Actelis continues to expand its market footprint with a new order [https://finance.yahoo.com/news/actelis-receives-order-intelligent-traffic-123000335.html] for intelligent traffic system (ITS) networking from a densely populated municipality in the New York City metropolitan area. The new order, facilitated through Actelis' strategic partnership with Netceed, a large and
Actelis Networks Expands European Presence for Strategic German Utility Contract …
Actelis Networks (NASDAQ: ASNS) has secured significant new orders for two major utility providers in Germany, reinforcing its expanding presence in Europe and its role in providing robust cybersecurity solutions for critical infrastructure. Amid rising cyber threats, Actelis' advanced hybrid-fiber technology offers rapid deployment and secure, fiber-grade connectivity, making it a critical partner for modernizing utility networks. In a milestone that highlights the escalating need for robust cybersecurity in the utility