Actelis Selected to Upgrade HVAC Networking Solution for United States Military Under Base Modernization Initiative
27 Juni 2023 - 2:00PM
Actelis Networks, Inc.
(NASDAQ:ASNS) (“Actelis” or
the “Company”) a market leader in cyber-hardened, rapid deployment
networking solutions for wide area IoT applications, today
announced that its hybrid fiber-copper networking solution has been
selected for installation by the United States military to enable
and extend connectivity for Heating, Ventilation, and Air
Conditioning (HVAC) system monitoring and control. The project is
being deployed in conjunction with Actelis integration partner,
Jacobs, and will replace the client’s existing 3rd party
connectivity solution.
HVAC monitoring systems include many sensors
that generate a continuous stream of data to track energy
consumption and performance. The Actelis solution securely
transports this information over existing copper wiring or fiber
optic cables alerting operators of any faults or
inefficiencies.
Actelis’ hybrid fiber-copper networking approach
allows clients such as the military to quickly and cost effectively
deploy any number of IoT related devices and sensors by maximizing
their existing network infrastructure, enabling fiber-grade
connectivity to areas where fiber deployment is more difficult and
expensive. For example, enabling connectivity for HVAC monitoring
can be done in just hours and saves hundreds of thousands of
dollars compared to the cost of laying new fiber.
With its portfolio of cyber and temperature
hardened network switches and aggregation devices, Actelis
encrypts, fragments, and scrambles client data to help protect
against cyber-attacks. This is especially important for military
operations where security is of the upmost importance. The
industrial, managed devices offer true convenience because they can
be deployed at any indoor or outdoor location, in any climate, and
are monitored remotely through Actelis’ MetaASSIST EMS system to
ensure high uptime.
“This project is a perfect example of our
ability to help the military rapidly modernize on-base operations,”
said Tuvia Barlev, chairman and CEO of Actelis. “We enable bases to
get their networking projects done right away by removing
connectivity barriers and provide one unified solution for networks
consisting of fiber, copper, and coax.”
Actelis’ partner for this project, Jacobs,
provides a full spectrum of professional services including
consulting, technical, scientific, and project delivery for the
government and private sector. They have an annual revenue of
approximately $15 billion and a talent force of approximately
60,000.
To learn more about Actelis’ cyber-hardened
networking solutions for the military visit
https://actelis.com/military/.
About Actelis Networks,
Inc.Actelis Networks, Inc. (NASDAQ: ASNS) is a market
leader in cyber-hardened, rapid-deployment networking solutions for
wide-area IoT applications including federal, state and local
government, ITS, military, utility, rail, telecom and campus
applications. Actelis’ unique portfolio of hybrid fiber-copper,
environmentally hardened aggregation switches, high density
Ethernet devices, advanced management software and cyber-protection
capabilities, unlocks the hidden value of essential networks,
delivering safer connectivity for rapid, cost-effective deployment.
For more information, please visit www.actelis.com.
Forward-looking StatementsThis
press release contains certain forward-looking statements within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These statements are identified by
the use of the words "could," "believe," "anticipate," "intend,"
"estimate," "expect," "may," "continue," "predict," "potential,"
"project" and similar expressions that are intended to identify
forward-looking statements. All forward-looking statements speak
only as of the date of this press release. You should not place
undue reliance on these forward-looking statements. Although we
believe that our plans, objectives, expectations and intentions
reflected in or suggested by the forward-looking statements are
reasonable, we can give no assurance that these plans, objectives,
expectations or intentions will be achieved. Forward-looking
statements involve significant risks and uncertainties (some of
which are beyond our control) and assumptions that could cause
actual results to differ materially from historical experience and
present expectations or projections. Actual results to differ
materially from those in the forward-looking statements and the
trading price for our common stock may fluctuate significantly.
Forward-looking statements also are affected by the risk factors
described in the Company's filings with the U.S. Securities and
Exchange Commission. Except as required by law, we undertake no
obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events
or otherwise, after the date on which the statements are made or to
reflect the occurrence of unanticipated events.
Media Contact:Sean Renn Global
VP Marketing & Communicationssrenn@actelis.com
Investor Relations
Contact:Kirin SmithPCG
Advisorykirin@pcgadvisory.com646-823-8656
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