Japanese railway operator places $100,000 order with Actelis Networks

TOKYO - Actelis Networks, Inc. (NASDAQ:ASNS) has received an order worth approximately $100,000 from a major Japanese railway operator for networking technology to support rail infrastructure modernization, the company announced Wednesday. The micro-cap company, with a market capitalization of just $5.5 million, is set to report its quarterly earnings on November 25 according to InvestingPro data.

The order involves Actelis' hybrid fiber-copper networking solutions, which allow railway operators to upgrade communications infrastructure using existing wiring. This approach aims to improve performance while reducing deployment costs and network downtime.

"Japan's rail networks represent some of the world's most advanced and demanding infrastructure environments," said Tuvia Barlev, Chairman and CEO of Actelis, in a press release statement.

Actelis has previously supplied its solutions to rail and highway operators throughout Japan. The company works with local distributors and integrators serving the transportation and critical infrastructure sectors to maintain its presence in the Japanese market. Despite these efforts, InvestingPro data shows the company's revenue declined by 56.36% over the last twelve months, with analysts anticipating further sales decline in the current year.

Actelis Networks describes itself as a provider of cyber-hardened, rapid-deployment networking solutions for IoT and broadband applications. The company's technology is designed for wide-area IoT applications in sectors including government, transportation, military, utility, rail, telecom, and campus networks.

The announcement comes as transportation infrastructure operators worldwide seek to modernize aging systems while minimizing disruption to operations. Actelis' approach allows for upgrades without completely replacing existing wiring infrastructure, which can be particularly valuable in complex transportation environments.

In other recent news, Actelis Networks announced a one-for-ten reverse stock split of its common stock, scheduled to take effect before market open on November 18, 2025. This move is intended to increase the company's per share price to comply with Nasdaq's listing requirements and attract institutional investors. Actelis Networks has also regained compliance with Nasdaq's stockholders' equity requirement, although it still faces a deadline of December 5, 2025, to meet the $1.00 minimum bid price requirement. Additionally, the company secured a significant contract with a major utility provider in Central Germany, where it will supply its hybrid fiber-copper networking technology. This technology features military-grade encryption and will connect the utility's distribution infrastructure for water, gas, and electricity services. The company's shares will continue trading under the ASNS symbol, albeit with a new CUSIP number. These developments highlight the company's ongoing efforts to strengthen its market position and compliance status.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.