Actelis Receives Initial Order, As Part Of A Larger Project, To Provide A Municipal Utilities Company In A Major German City, With Its Advanced Hybrid-fiber Networking Solution, Placed By A Local Partner Of Actelis In Germany
Actelis Networks, Inc. ASNS | 1.34 1.34 | +3.08% 0.00% Pre |
Actelis Networks, Inc. (NASDAQ:ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received an initial order, as part of a larger project, to provide a municipal utilities company in a major German city, with its advanced hybrid-fiber networking solution. The order was placed by a local partner of Actelis in Germany.
Municipal utility companies are essential for providing residents and businesses with critical services such as natural gas, electricity, and water. These services rely on a robust and secure telecommunications network to maintain optimal system performance. Actelis' hybrid-fiber network devices enable connectivity for IoT devices within these networks, such as monitoring sensors, facilitating data transport over long distances for system performance analysis.