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ASNS

Actelis Networks, Inc.

Industry

Communication Equipment

Actelis Networks, Inc., a networking solutions company, designs, develops, manufactures, and markets networking solutions for Internet of Things and telecommunication companies in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It offers ethernet access devices, aggregation switches, broadband amplifiers, and repeaters, as well as element management systems software. The company also provides consulting, troubleshooting, remote support, training, product repairing, and software update services. It serves the intelligent traffic systems, education and industrial campus, airport, smart city, rail, military, energy, oil and gas, and water sectors. The company was founded in 1998 and is based in Fremont, California.

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Actelis shares are trading higher after the company received a software and service contract renewal of nearly $1.5 million from a North American customer.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:35 pm

Actelis Networks has secured a $1.5 million order for software and services from a major North American customer. The company continues to see success in military, energy, and intelligent transportation IoT infrastructure, showcasing its ability to support large-scale networks with advanced management systems and technical support.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 12:32 pm

Actelis Networks (NYSE:ASNS) has seen a significant rise in its short percent of float, increasing by 163.7% to 12.13%. This indicates a bearish sentiment among investors, as it would take traders an average of 1.0 days to cover their short positions. The company's short interest is notably higher than its peers, whose average short interest is 2.16%.

Portfolio Pulse from Benzinga Insights

July 02, 2024 | 2:30 pm

Actelis Networks Inc (NASDAQ:ASNS) shares dropped by 14.3% to $1.98 after announcing a $2.25 million capital raise through warrant exercise and new warrants issuance. The company will issue new unregistered warrants to purchase up to 1,999,340 shares at $1.75 per share, exercisable immediately for 24 months. The net proceeds will be used for general corporate purposes.

Portfolio Pulse from Henry Khederian

July 01, 2024 | 4:30 pm

The article lists the top 10 most-searched tickers on Benzinga Pro for June 2024, highlighting Nvidia, GameStop, SPDR S&P 500 ETF Trust, Tesla, and Apple among others. Nvidia regained the top spot, while GameStop saw a surge in interest. Newcomers MicroAlgo and Actelis Networks also made the top 10.

Portfolio Pulse from Chris Katje

July 01, 2024 | 4:12 pm

Actelis Networks shares are trading lower after the company announced a $2.25 million capital raise through warrant exercise and new warrants issuance.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:43 am

Actelis Networks, Inc. (NASDAQ:ASNS) announced a $2.25M capital raise through the exercise of Series A-2 warrants and issuance of new warrants. The proceeds will be used for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:09 am

Actelis Networks, Inc. (NASDAQ:ASNS) has received an initial order to provide a municipal utilities company in a major German city with its advanced hybrid-fiber networking solution. This order is part of a larger project and was placed by a local partner of Actelis in Germany.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 12:37 pm

Actelis Networks shares are trading higher following the announcement of a $300,000 order from a new channel partner in Italy for a national transportation infrastructure project.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 11:01 am

Actelis Networks shares are trading higher following the announcement of a $300,000 order from a new channel partner in Italy for a national transportation infrastructure project.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 8:28 pm

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