ACTELIS NETWORKS INC
ASNSActelis Networks, Inc. is a provider of high-speed Ethernet over Copper (EoC) systems designed to deliver reliable connectivity for enterprise, service provider, and government networks. The company's solutions enable secure, high-performance broadband access over existing copper infrastructure, supporting applications such as Ethernet services, backhaul, and network extension.Founded in 1997, Actelis specializes in leveraging advanced technologies to enhance bandwidth and reach in legacy cabling environments, facilitating scalable and cost-effective network deployments.
Company News
Actelis Networks (NASDAQ:ASNS) plummeted 73.39% in regular trading and an additional 32.74% in after-hours trading after receiving a delisting notice from the Nasdaq Hearings Panel due to non-compliance with minimum bid price requirements. The company will transition to OTC Markets and plans to apply for OTCQB trading while evaluating options to ...
Actelis Networks (NASDAQ:ASNS) has announced a binding term sheet to acquire Israel-based Exaware Ltd. in an all-stock transaction, marking its entry into the AI-driven data center networking market. Under the deal, Actelis will issue 19.9% of its outstanding common stock plus non-voting preferred shares to Exaware shareholders, with a post-trans...
Actelis Networks (NASDAQ:ASNS) surged 47.57% on Wednesday following a pre-market announcement of a new order from a Japanese governmental entity for its MetaLight networking solutions. However, shares declined 9.91% in pre-market trading Thursday to $0.50. The order marks the company's second notable contract in March, following a $120 million Ca...
Actelis Networks surged 55.58% in after-hours trading after announcing a new contract with California Department of Transportation (Caltrans) for its MetaLight solution as part of a $120 million modernization initiative. The win adds to the company's 2025 government contract wins across multiple U.S. municipalities. MetaLight provides fiber-grade...
Actelis Networks announced a public offering of 6,250,000 shares of common stock and associated warrants, expecting to raise $5 million for general corporate purposes, with H.C. Wainwright & Co. acting as the exclusive placement agent.
