Actelis Selected And Receives First Order To Provide IoT Networking To European Natural Gas System Operator
Portfolio Pulse from Benzinga Newsdesk
Actelis Networks, Inc. (NASDAQ:ASNS) has received its first order to supply a major European natural gas transmission system operator with its hybrid fiber-copper networking solution. The company's new customer operates a high-pressure natural gas pipeline network in a large European country. The Actelis solution will enable and extend instant, fiber-grade connectivity over the client's existing network infrastructure. The deployment will be done in collaboration with Actelis' local partner, denk-stein:net GmbH, based in Germany.
October 17, 2023 | 12:41 pm
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Actelis Networks has secured a significant order to supply its networking solution to a major European natural gas operator. This could potentially boost the company's revenues and strengthen its position in the IoT networking market.
The news of Actelis Networks securing a major order from a European natural gas operator is highly relevant and important for the company. This could potentially lead to increased revenues and a stronger market position. The confidence in this analysis is high due to the clear positive impact of the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100