Actelis Networks: Driving IoT Connectivity and Revenue Growth

Actelis Networks, a leading provider of cyber-hardened, rapid deployment networking solutions for IoT applications, has been making significant strides in the market. The company's innovative solutions cater to a wide range of industries, including federal, state, and local governments, intelligent traffic systems, military, utility, rail, telecom, and campus applications. With a strong focus on wide-area IoT applications, Actelis Networks has successfully expanded its customer base and solidified its position in the IoT networking solutions market.

One of the key factors contributing to Actelis Networks' growth is its strategic product portfolio evolution. The launch of the GigaLine 800, a hybrid-fiber, last-mile broadband solution, has enabled network operators to deploy multi-Gigabit connectivity over thousands of feet, extending fiber connectivity using existing copper and coax wiring. This innovative solution has helped Actelis Networks secure significant orders, such as a recent order from a global integrator of infrastructure, demonstrating the company's ability to address the challenge of deploying broadband services to millions of unserved and underserved locations.



Actelis Networks' strategic partnerships have also played a crucial role in its order intake and market penetration. The agreement with Khushi Communications, a trusted technology solution provider in India, has expanded Actelis' presence in Asia, enabling rapid deployment of connectivity solutions for government agencies and private organizations. This partnership has likely contributed to orders like the $200,000 deal for the US Army National Guard Base network. Similarly, the partnership with Netceed, a leading value-added distributor, has extended Actelis' hybrid-fiber networking solutions to Netceed's North American customer base, greatly expanding its connectivity offering to the intelligent transportation industry. This alliance has likely contributed to orders such as the new order for intelligent traffic system (ITS) networking in the New York City metro area.



Actelis Networks' proposed acquisition of Quality Industrial Corporation (QIND) is another strategic move that could significantly boost its revenue growth. QIND's operations in the critical infrastructure industrial and energy sectors align perfectly with Actelis' focus on cyber-hardened, rapid deployment networking solutions for IoT applications. By acquiring between 61% to 75% of QIND's shares, Actelis gains access to a new revenue stream, with QIND reporting $11 million in revenue and $1.8 million in net income in 2023. This acquisition complements Actelis' existing partnerships and strengthens its position in the IoT networking market.

Actelis Networks' recent orders, including a $2.3 million order from Washington D.C.'s Department of Transportation for a hybrid-fiber intelligent networking solution, a new order from the City of Bakersfield, California for instant, fiber-grade network connectivity, and a binding term sheet to acquire between 61% to 75% of the issued and outstanding shares of Quality Industrial Corporation, demonstrate the company's success in penetrating key markets and expanding its global footprint. These orders align with Actelis' strategic focus on critical infrastructure, intelligent traffic systems, and wide-area IoT applications, indicating a strong market position and growth potential.

In conclusion, Actelis Networks' innovative solutions, strategic partnerships, and acquisitions have driven its revenue growth and solidified its position in the IoT networking solutions market. As the company continues to focus on wide-area IoT applications and expand its customer base, investors can expect to see ongoing growth and success in the years to come.