Washington DC transport department places additional orders with Actelis

WASHINGTON - The Washington DC Department of Transportation (DDOT) has placed follow-on orders totaling nearly $100,000 with Actelis Networks, Inc. (NASDAQ:ASNS), the company announced Tuesday. The micro-cap company, currently valued at just $4.79 million, has seen its stock trading near 52-week lows at $2.74, though InvestingPro analysis suggests the shares may be undervalued based on their Fair Value assessment.

The new orders build upon Actelis’ earlier $2.3 million order from May 2024 for modernizing intelligent transportation systems across the nation’s capital. Actelis provides cyber-hardened hybrid fiber-copper networking solutions that enable connectivity infrastructure upgrades.

According to the company’s press release statement, the technology delivers fiber-grade performance using existing wiring infrastructure, eliminating the need to install new cabling along roadways. This approach allows DDOT to transform legacy copper infrastructure into networks capable of supporting advanced applications including traffic signal optimization, video surveillance, and congestion monitoring systems.

"Washington, DC’s on-going investment in modernizing its intelligent transportation infrastructure continues to reflect the proven value of our solutions," said Tuvia Barlev, Chairman and CEO of Actelis.

The follow-on orders come as DDOT continues to expand its intelligent transportation infrastructure across one of the nation’s most congested urban environments. The company stated that its solution provides cost savings by utilizing existing infrastructure rather than requiring comprehensive fiber deployments.

Actelis Networks specializes in hybrid fiber-copper networking solutions for wide-area IoT applications, including government, intelligent transportation systems, military, utility, rail, telecom, and campus networks.

In other recent news, Actelis Networks has been active with several significant developments. The company received an order valued at approximately $100,000 from a major Japanese railway operator. This order is for Actelis’ hybrid fiber-copper networking solutions, which aim to modernize rail infrastructure while minimizing costs and downtime. Additionally, Actelis Networks secured a contract with a major utility company in Central Germany to supply its networking technology with military-grade encryption, enhancing the utility’s infrastructure for water, gas, and electricity services.

In a move to address Nasdaq’s listing requirements, Actelis Networks announced a one-for-ten reverse stock split, set to take effect on November 18, 2025. This strategic decision is intended to increase the company’s per-share price and attract institutional investors. Despite these developments, the company’s stock has experienced fluctuations, reflecting the market’s response to the news. These recent activities highlight Actelis Networks’ ongoing efforts to expand its market presence and address regulatory requirements.

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