Actelis Networks Inc (NASDAQ: ASNS) is a networking hardware and software company that sells hybrid fiber-copper-coax connectivity solutions to operators of critical infrastructure. Revenue comes from hardware sales bundled with embedded software, supplemented by fee-based support contracts, EMS network management software licenses (perpetual or term-based), and optional customization services. The company targets intelligent transportation systems, rail, airports, energy and water utilities, and telecom/MDU operators that need high-speed, secure connectivity over existing copper or coax lines without the cost and civil works required for full fiber replacement. As of March 15, 2026, the company had 26,725,763 shares of common stock outstanding, an accumulated deficit of $52 million as of December 31, 2025, and cash on hand of $4.4 million as of December 31, 2025. Operations are funded through equity raises, including ATM offerings and private placements executed in 2025. The company is headquartered in Israel, with offices in the United States, Mexico, Germany, and India.
- Revenue model
- Transactional hardware sales with embedded software, renewable fee-based support contracts (typically 12-month terms), EMS management software sold as perpetual or term licenses on a per-element or whole-network basis, and custom feature development billed as additional fees.
- Products and services
- Hybrid fiber-copper-coax networking hardware with embedded software; Gigaline product family (introduced and refined 2023-2024) providing Gigabit-grade connectivity over fiber, copper, and coax; hardened encrypted hybrid fiber products with 10Gbps switching capacity launched in 2022; EMS network management software; power-over-copper/coax capability for remote IoT device powering; telephone support, remote diagnostics, and on-site technical support services.
- Customers and end markets
- Intelligent transportation system operators (traffic management, city-wide networks); rail operators running inter-city and light rail lines; airport agencies and airport technology integrators (including a worldwide airport operations technology integrator supplying hundreds of airports across 39 countries, engaged since 2022); electric utilities, oil companies, and water utilities; MDU owners including apartment buildings, condominiums, hotels, and resorts; telecom operators.
- Value-chain role
- Hardware manufacturer and software developer selling direct and through a multi-channel partner network of system integrators, distributors, contractors, resellers, and consultants. Provides two-year standard warranty; offers post-warranty repair and replacement under renewable contracts.
- Geographic exposure
- Americas and International (EMEA and APAC) operating regions. Sales and support teams located in the United States, Mexico, Germany, Israel, and India. Business partners in North America, Central America, Europe, India, Singapore, China, Australia, Vietnam, and Japan. Active projects in North America, Europe, and Asia Pacific across multiple verticals as of the FY2025 10-K filing.
Source: SEC 10-K, filed 2026-03-18
Industry:
Communications Equipment, NEC
Peers:
Cisco Systems Inc
Clearone Inc
COMSovereign Holding Corp.
FiEE Inc
Optical Cable Corp
ParkerVision Inc
Vislink Technologies Inc
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