Actelis Networks Secures Infrastructure Order in Chino, California
Actelis Networks announced that it has secured an order through one of its business partners to supply advanced networking equipment for an infrastructure project in the city of Chino, California. The order includes Actelis' ethernet and optical connectivity solutions, designed to modernize the city's communication infrastructure with reliable, secure smart networking capabilities. Tuvia Barlev, Chairman and CEO of Actelis commented: "We're seeing strong momentum in California and across the West Coast as municipalities recognize that smart city operations require rapid infrastructure modernization that doesn't require massive capital investment or extended timelines. Chino's decision to deploy our solutions demonstrates how critical infrastructure gets modernized - faster, smarter, and more cost-effectively. This is one of so many examples of wins we're focused on converting into expanded deployments in 2026."
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Actelis Networks Outlines 2026 Outlook, Focus on Infrastructure Modernization and Cybersecurity
- Urgency of Infrastructure Modernization: The U.S. Congress approved over $12.5 billion for air traffic control infrastructure modernization in late 2024, highlighting the urgency of upgrading systems that support national safety and economic activity, with Actelis rapidly advancing government-related modernization projects to enhance market competitiveness.
- Elevated Cybersecurity Priority: Over the past two years, U.S. intelligence agencies have revealed national security threats targeting telecommunications providers, prompting connectivity to be viewed as part of the national security perimeter, with Actelis's products ensuring a competitive edge through multiple security layers and MACsec encryption in the modernization process.
- Modernization of Smart Transportation and Residential Infrastructure: Actelis delivers gigabit-class performance over existing copper and coaxial infrastructure, significantly reducing deployment time to days, supporting over $100 billion in federal transportation safety and modernization programs in the U.S., and meeting market demand for rapid modernization solutions.
- 2026 Growth Strategy: Actelis plans to lay the groundwork for growth in 2026 by expanding its product portfolio, strengthening its federal sales team, and building customer partnerships, aiming to convert initial wins into repeat business and increase software contributions to improve margins.
Nasdaq Rises More Than 200 Points as US Inflation Decreases to 2.7%
U.S. Stock Market Performance: U.S. stocks saw gains, with the Nasdaq Composite rising over 200 points, while the Dow and S&P 500 also experienced increases. Consumer discretionary shares rose by 2%, but energy stocks fell by 0.5%.
Inflation and Economic Indicators: U.S. inflation cooled to 2.7% in November, below expectations, boosting investor confidence in the Federal Reserve's easing cycle. Initial jobless claims decreased to 224,000, and the Philadelphia Fed Manufacturing Index fell significantly.
Notable Stock Movements: Athira Pharma's shares surged 84% after a development agreement, while Trump Media & Technology Group and FuelCell Energy also saw significant gains. Conversely, Insmed Inc and Pyxis Oncology experienced sharp declines in their stock prices.
Global Market Trends: European shares rose, with the eurozone's STOXX 600 gaining 0.56%, while Asian markets closed mixed, with Japan's Nikkei falling and China's Shanghai Composite rising slightly.
