UBS cuts Shell to “neutral,” warns stock ‘no longer cheap’ after strong rally
Investing.com -- Actelis Networks Inc (NASDAQ:ASNS) stock rose 2.2% in premarket trading Wednesday after the company announced a new order from a major Japanese railway operator.
The approximately $100,000 order is for Actelis’ cyber-hardened networking solutions that will be used for critical rail infrastructure modernization in Japan. The company’s technology allows railway operators to upgrade their communications infrastructure over existing wiring, which minimizes 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. "This order is a testament to the trust major transportation operators place in our ability to deliver secure, reliable connectivity solutions that enhance operational efficiency and safety."
The order reinforces Actelis’ established presence in the Japanese market, where it has previously supplied solutions to major rail and highway operators. The company specializes in hybrid fiber networking solutions for IoT and broadband applications, particularly for critical infrastructure environments.
Actelis has been working to strengthen its position in Japan through partnerships with distributors and integrators serving the transportation and critical infrastructure sectors.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.