ASNS | Market Cap: $2.4M (04/09/26)
Industry:
Hardware Software

DESCRIPTION

Actelis Networks makes networking hardware and software for wide-area IoT applications, primarily serving government agencies, military operators, and infrastructure managers who need to connect large numbers of remote devices — traffic cameras, road sensors, rail signals, and security systems. Actelis' core value proposition is network modernization without replacing existing infrastructure: its switches, aggregators, and reach extenders upgrade legacy copper and coaxial cable to deliver fiber-grade speeds, avoiding the costly and time-consuming process of running new fiber to remote locations. This hybrid fiber-copper-coax approach is protected by patents, and Actelis argues no direct competitor replicates it at the same performance level. On top of hardware, Actelis sells EMS network management software (as a perpetual license or subscription) and MetaShield, an AI-powered SaaS platform launched in late 2024 that monitors connected IoT devices for cyber threats. Actelis organizes its go-to-market around several verticals: federal and military (its fastest-growing segment, supported by JITC cybersecurity certification and DoD Approved Products List status), intelligent transportation and smart cities, rail and airports, and an emerging MDU vertical targeting apartment buildings and hotels. Actelis sells mostly through indirect channels — system integrators, resellers, and distributors — and its customer base is concentrated, with the top ten customers accounting for roughly 62-74% of revenue. The business is largely project-driven and lumpy. Actelis manufactures through contract manufacturers in Israel and Taiwan and employs roughly 51 people.

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