Actelis shares are trading higher after the company received a $2.3 million order for the immediate delivery of a new hybrid-fiber intelligent networking solution for Washington D.C.'s Department of Transportation.
Portfolio Pulse from Benzinga Newsdesk
Actelis Networks, Inc. (ASNS) shares surged following the announcement of a $2.3 million order from Washington D.C.'s Department of Transportation for a new hybrid-fiber intelligent networking solution, indicating strong demand for the company's products.
May 02, 2024 | 12:43 pm
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Actelis Networks, Inc. received a significant $2.3 million order for its new hybrid-fiber intelligent networking solution, showcasing the company's competitive edge and potential for revenue growth.
The announcement of a substantial order from a governmental body not only validates Actelis Networks' technology but also suggests potential for future contracts and partnerships, likely boosting investor confidence and driving short-term stock price appreciation.
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