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Market Alert: Actelis Networks Lands Expansion Orders for Washington DC Transportation Department Multi-Billion Dollar Partner

By: AB Newswire
Market Alert: Actelis Networks Lands Expansion Orders for Washington DC Transportation Department Multi-Billion Dollar Partner
TL;DR: Actelis Networks (NASDAQ: ASNS) has secured two new expansion orders from the Washington DC Department of Transportation (DDOT) in collaboration with M.C. Dean. This initiative reinforces Actelis' commitment to modernizing the city’s traffic management infrastructure, utilizing its advanced hybrid-fiber solutions to enhance connectivity and optimize traffic flow in one of the nation's busiest urban environments.

Actelis Networks (NASDAQ: ASNS) has announced the receipt of expansion orders from the Washington DC Department of Transportation (DDOT), marking a significant step in the ongoing modernization of the city's critical infrastructure. These new orders build on a previously announced $2.3 million project from May 2024, emphasizing Actelis' role as a trusted partner in enhancing transportation systems in the nation’s capital.

The collaboration with M.C. Dean, a prominent integrator specializing in advanced cyber-physical systems, is pivotal in delivering innovative solutions tailored to the challenges of traffic congestion in Washington DC—one of the most congested cities in the United States, according to a report from the Texas A&M Transportation Institute. With a growing population and heavy tourist traffic, effective management of roadways is essential for improving safety and efficiency.

“Washington, DC’s complex traffic environment necessitates innovative solutions for managing roadways,” said Tuvia Barlev, Chairman and CEO of Actelis. “The backbone of effective traffic management systems is reliable, far-reaching network connectivity. Actelis enables DDOT to optimize traffic flow, improve safety, and enhance data collection using tools such as signal timing and traffic cameras.” 

The recent expansion into DDOT’s infrastructure comes at a time when Actelis is experiencing significant momentum within the industry. Earlier this year, the company achieved the National Institute of Standards and Technology (NIST) certification for data cybersecurity, showcasing its commitment to providing secure and resilient networking solutions. Additionally, Actelis has been successful in securing major contracts, such as the order for the City of Napa's intelligent traffic management system, which further underscores its capabilities in enhancing urban connectivity. Most recently, the company reported a remarkable 200% growth in q3 revenues, reflecting strong demand for its innovative hybrid-fiber solutions across diverse sectors.

Actelis' cyber-hardened hybrid-fiber networking technology stands out by providing fiber-grade performance while utilizing existing wiring, thus avoiding the lengthy and costly process of laying new cables. This capability allows for the rapid deployment of high-demand applications, such as data-intensive traffic monitoring systems and advanced traffic cameras, making a substantial impact on the city’s ability to manage its complex traffic environment.

Barlev further noted, “Washington, DC has now become a showcase for Actelis’ hybrid fiber-copper technology and a model for how other cities can efficiently modernize their traffic management infrastructure. Our collaboration with M.C. Dean has proven that cities can save hundreds of thousands of dollars—or more—on construction costs while achieving the performance required to manage dense roadway systems.”

As Actelis continues to expand its footprint in the transportation sector, the company’s innovative solutions position it well to address the growing need for advanced, secure connectivity in urban environments. The partnership with M.C. Dean not only showcases Actelis’ technology but also serves as a model for other cities aiming to streamline their traffic management systems efficiently and sustainably.

 

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This article is for informational purposes only and is not intended to serve as financial, investment or any form of professional advice, recommendation or endorsement. The article was written in collaboration with Global Markets News Network, a commercially operated IR digital brand compensated by the issuer (Actelis) to provide coverage of its news and developments, among other things. Readers are encouraged to read the full disclaimers and disclosures document that the article is subject to https://justpaste.it/ecto7/pdf. This article may include forward looking statements which cannot be guaranteed as discussed in the documentation.

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