Actelis Networks shares surge 39.57% intraday after securing Cincinnati intelligent transportation system contract.

Actelis Networks surged 39.57% intraday after announcing its selection to supply hybrid fiber-copper networking solutions for an intelligent transportation system upgrade in Cincinnati, Ohio. This marks the company’s first municipal ITS win in the Midwest, expanding its geographic reach and reinforcing its position in the U.S. municipal transportation market. The news followed a series of recent contracts across California, Washington, D.C., and other regions, underscoring growing demand for Actelis’ cost-effective, cybersecurity-enabled infrastructure solutions. The Cincinnati order, combined with the company’s emphasis on rapid deployment and existing infrastructure utilization, likely drove investor optimism about future revenue growth and market expansion.