Actelis Networks Bolsters Board with Industry Veteran Julie Kunstler

Generated by AI AgentWesley Park
Thursday, Feb 13, 2025 4:40 pm ET2min read
ASNS--


Actelis Networks (NASDAQ: ASNS), a leading provider of cyber-hardened, rapid deployment networking solutions, has appointed Julie Kunstler, a seasoned industry expert with over three decades of experience in broadband access and network infrastructure, to its Board of Directors. This strategic move comes at a critical juncture for the company, as it continues to strengthen its leadership in cyber-hardened hybrid-fiber networking solutions and cyber-aware networking.

Kunstler's extensive background in executive management, venture capital investment, industry analysis, and board governance makes her an invaluable addition to Actelis' Board. Her experience spans various roles, including serving as Chief Analyst for the Broadband Access Intelligence Service at Omdia, a division of Informa Tech, and co-founding and serving as General Partner at Portview Communications Partners, a venture capital fund focused on early-stage investments in communications technology companies.



Actelis Networks' Chairman and CEO, Tuvia Barlev, expressed his enthusiasm for Kunstler's appointment, stating, "We are thrilled to welcome Julie to the Actelis Board as an independent director. Her strategic vision and extensive expertise in broadband access and network infrastructure will be instrumental as we strengthen our leadership in cyber-hardened hybrid-fiber networking solutions and cyber-aware networking."

Kunstler's appointment comes at a time when Actelis is expanding its reach in the growing markets of smart cities and critical infrastructure protection. The global smart cities market is projected to grow from $767.75 billion in 2024 to $4.65 trillion by 2032, representing a staggering annual growth rate of 25.2%. Meanwhile, the critical infrastructure protection market is expected to reach $154.59 billion by 2027. Kunstler's insights and expertise will be crucial in helping Actelis capitalize on these expanding markets and solidify its position as a leader in secure, high-performance networking solutions.

Kunstler's background in venture capital investment and industry analysis could significantly influence Actelis' approach to strategic acquisitions and organic growth. As a General Partner at Portview Communications Partners, she focused on early-stage investments in communications technology companies, which likely honed her ability to identify promising opportunities and assess their potential. This experience could help Actelis make more informed decisions about strategic acquisitions, ensuring that the company targets companies or technologies that align with its long-term goals and have strong growth potential.

In conclusion, Actelis Networks' appointment of Julie Kunstler to its Board of Directors is a strategic move that strengthens the company's leadership in cyber-hardened hybrid-fiber networking solutions and cyber-aware networking. Kunstler's extensive experience in broadband access and network infrastructure, combined with her background in venture capital investment and industry analysis, makes her an invaluable addition to the Actelis team. As the company continues to expand its reach in the growing markets of smart cities and critical infrastructure protection, Kunstler's insights and expertise will be crucial in driving Actelis' success and solidifying its position as a leader in secure, high-performance networking solutions.

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