Actelis Receives Order and Delivers Instant, Secure Fiber-Grade Networking to Modernize City of Bakersfield, California
06 May 2024 - 10:47PM
Actelis Networks, Inc.
(NASDAQ:ASNS) (“Actelis” or
the “Company”), a market leader in cyber-hardened, rapid deployment
networking solutions for IoT applications, today announced that it
has fulfilled a new order for the City of Bakersfield, California
to bring instant, fiber-grade network connectivity to the city’s
traffic intersections. This order is part of a city-wide traffic
management system modernization project where the Actelis solution
enables connectivity from the city’s traffic operations center out
to newly installed traffic controllers at each intersection.
Bakersfield is a major city in California with a
population of over 400,000. As a significant economic and cultural
hub, managing traffic flow and improving traffic safety are both of
major importance. One key stated objective the city has in its
2023/2024 plans is to deploy adaptive signal timing which can
provide improved travel experiences and a reduction in traffic
congestion, leading to safer roadways. However, to enable such a
technology to thrive, fiber-grade network connectivity is needed to
enable real-time communication between the central control center
and individual intersections. Actelis’ patented hybrid-fiber
technology was chosen to give the city the fiber-grade performance
it needs to achieve its objectives.
The city currently has a mix of fiber and copper
wiring existing in its network, which is why the Actelis solution
is an ideal choice for Bakersfield. Traditionally, a city would
consider replacing the copper in the network with fiber because of
performance concerns. However, the cost to deploy new fiber to
intersections is expensive and time consuming. Actelis eliminates
those costs, as well as the engineering efforts, by providing its
patented solution that makes the copper perform like fiber, giving
the city one single reliable, secure high-speed network
transmitting valuable traffic information to the traffic management
system in real-time.
In the future, should the city replace its
copper wiring, the Actelis devices can easily be adapted to enable
connectivity over fiber. This solution gives cities peace of mind
knowing that they have made a long-term investment in their
network.
“Bakersfield, like many cities around the world,
has legacy copper infrastructure to manage while it also adds new
fiber infrastructure,” said Tuvia Barlev, Chairman and CEO of
Actelis. “We bring those two worlds together by boosting the
performance of the existing copper while we give the city a future
path towards fiber with our unique hybrid-fiber technology.”
Actelis partnered with Crosstown Electrical
& Data for this project. Crosstown managed the installation of
the Actelis solution along with the new traffic controllers.
Crosstown specializes in the installation of Electrical and ITS
Infrastructure, fiber optics, copper, wireless, communications, and
closed-circuit television systems. Over the past 20 years, they
have become a trusted network integrator for transportation
departments throughout California.
About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) is a
market leader in cyber-hardened, rapid-deployment networking
solutions for wide-area IoT applications including federal, state
and local government, ITS, military, utility, rail, telecom and
campus applications. Actelis’ unique portfolio of hybrid
fiber-copper, environmentally hardened aggregation switches, high
density Ethernet devices, advanced management software and
cyber-protection capabilities, unlocks the hidden value of
essential networks, delivering safer connectivity for rapid,
cost-effective deployment. For more information, please visit
www.actelis.com.
Forward-looking Statements
This press release contains certain
forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These statements are identified by the use of the words "could,"
"believe," "anticipate," "intend," "estimate," "expect," "may,"
"continue," "predict," "potential," "project" and similar
expressions that are intended to identify forward-looking
statements. All forward-looking statements speak only as of the
date of this press release. You should not place undue reliance on
these forward-looking statements. Although we believe that our
plans, objectives, expectations and intentions reflected in or
suggested by the forward-looking statements are reasonable, we can
give no assurance that these plans, objectives, expectations or
intentions will be achieved. Forward-looking statements involve
significant risks and uncertainties (some of which are beyond our
control) and assumptions that could cause actual results to differ
materially from historical experience and present expectations or
projections. Actual results to differ materially from those in the
forward-looking statements and the trading price for our common
stock may fluctuate significantly. Forward-looking statements also
are affected by the risk factors described in the Company's filings
with the U.S. Securities and Exchange Commission. Except as
required by law, we undertake no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise, after the date on which
the statements are made or to reflect the occurrence of
unanticipated events.
Media Contact:Sean Renn Global VP Marketing
& Communicationssrenn@actelis.com
Investor Relations Contact:Kirin SmithPCG
Advisory, Inc.Ksmith@pcgadvisory.com
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