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Investing.com -- Actelis Networks , Inc. (NASDAQ:ASNS) stock gained 3.1% after announcing it has received an initial order from a major telecommunications carrier in the United States to deploy its GigaLine solutions for multi-dwelling unit (MDU) connectivity.
The order marks Actelis’ first success with a significant US telecommunications carrier of this size, providing the company’s GigaLine 800 and GigaLine 900 products. These solutions are designed to deliver high-speed connectivity to MDUs without requiring new fiber installation inside buildings.
"This initial order from a major US carrier represents an important milestone in our MDU market strategy," said Tuvia Barlev, Chairman and CEO of Actelis. "Telecommunications providers across North America face significant challenges in delivering high-speed connectivity to MDUs cost-effectively. Our GigaLine solutions address this challenge by providing an ultra-low-power way to enable carriers to extend fiber-grade service from the street or basement to individual apartments without the extensive construction and expense of new in-building fiber deployments."
The order was facilitated through Actelis’ partnership with Netceed, a provider of telecommunications infrastructure solutions. According to the company, this initial order could lead to significant expansion across the carrier’s service area.
Actelis highlighted that the MDU market represents a substantial growth opportunity, with approximately 23 million apartment buildings in the United States. The company’s GigaLine 900 solution operates at less than 5 watts, offering carriers an energy-efficient approach to serving this market segment.
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