ASNS News & Events

Actelis Networks announced it has received a follow-on order from a North American railway operator to expand its trackside networking infrastructure supporting critical rail safety and control systems. This follow-on order builds on prior deployments and reflects the ongoing expansion of advanced rail safety and control systems across North American rail networks, where dependable communications infrastructure is a foundational requirement.

Actelis Networks announced it has entered into a binding term sheet to acquire 100% of the issued and outstanding shares of Exawar in an all-stock transaction. Under the binding term sheet, Actelis will acquire 100% of the equity of Exaware in an all-stock transaction. The agreed post-transaction value ratio reflects approximately 40% attributable to Actelis and 60% to Exaware, subject to third-party valuation, receipt of a customary fairness opinion and adjustments, as well as definitive documentation. At closing, Actelis expects to issue 19.9% of its outstanding common stock to Exaware shareholders. The balance of the purchase consideration will be issued in non-voting preferred shares, convertible into Actelis common stock subject to Actelis' compliance with Nasdaq listing requirements and other applicable rules and regulations. The shares issued to Exaware in the transaction will be subject to lock-up for a period of six months from the date of conversion of preferred shares to common stock. The transaction remains subject to the execution of a definitive agreement, board approvals from both companies, and the satisfaction of customary closing conditions, including regulatory approvals. Subject to the fulfillment of such conditions, the parties are aiming towards closing the transaction by May 7. The binding term sheet provides for a 60-day non-solicitation and no-shop period, and includes the payment of a break-up fee under specified circumstances.

Actelis Networks secured an order to supply its hybrid fiber-copper networking solutions for an intelligent transportation system upgrade in the City of Cincinnati, Ohio. The deployment will support intersection upgrades in the city, further extending Actelis' presence in the U.S. municipal ITS market.

Reports FY25 revenue $3.7M vs. $7.8M last year. "While 2025 was a challenging year across our sector, we exited the year with clear operational momentum," said Tuvia Barlev, Chief Executive Officer of Actelis. "Fourth quarter revenue more than doubled sequentially compared to the third quarter while gross margin improved as well, and fourth quarter revenue exceeded each of the prior quarters of the year despite ongoing uncertainties and delays related, among other things, to the U.S. government shutdown. At the same time, we continued to expand our footprint across federal, transportation, multi-dwelling unit networks while advancing our cost discipline initiatives and pursuing opportunities for inorganic growth. In recent months, our share price has experienced significant pressure despite the operational progress we continue to make. We believe Actelis is positioned at the intersection of several powerful infrastructure trends, including AI-driven bandwidth demand growth, federal modernization programs - many of which have been funded at tens of billions of dollars by the U.S. government - and increasing cybersecurity requirements for critical networks. We see our solutions as uniquely suited to enable rapid, cyber-hardened infrastructure deployment at a fraction of the cost of traditional alternatives."