Actelis Announces Order Received And Launch Of New Last Mile Hybrid-Fiber Multi-Gigabit Broadband Solution For Buildings And IoT Applications
Portfolio Pulse from Benzinga Newsdesk
Actelis Networks, Inc. (NASDAQ:ASNS) has launched the GigaLine 800 Hybrid-Fiber, a last mile broadband solution designed to extend fiber connectivity using existing copper and coax wiring. This enables immediate multi-Gigabit connectivity for homes, businesses, and IoT applications without waiting for fiber installation. The solution is cost-effective, quick to install, and offers high security with 256-bit MACsec encryption. Actelis has received an order for the GigaLine 800 from a global integrator, indicating market interest.
December 14, 2023 | 1:32 pm
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POSITIVE IMPACT
Actelis Networks' launch of the GigaLine 800 and the receipt of a significant order could lead to increased revenue and market share, positively impacting ASNS's short-term performance.
The launch of a new product, especially one that addresses a significant market need for faster broadband connectivity, is typically seen as a positive development for a company. The fact that Actelis has already received an order for the GigaLine 800 suggests that there is demand for the product, which could lead to increased sales and revenue. This positive news is likely to be well-received by investors and could lead to a short-term increase in the stock price.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100