Introduction
Actelis Networks Inc (NASDAQ: ASNS) is a Fremont, California-based public company specializing in hybrid-fiber networking solutions. Founded in 1998, Actelis leverages a combination of newly deployed fiber and existing copper or coaxial lines to deliver gigabit-grade performance for industrial, commercial, and community networks. On October 3, 2025, ASNS closed at $0.6444, reflecting a 74.16 percent increase on a trading volume of 39,326,069 shares.
Corporate Structure and Leadership
Actelis employs between 51 and 200 people and maintains headquarters in Fremont, California. The company’s executive team comprises individuals with extensive experience in technology and communications:
- Tuvia Barlev, Chief Executive Officer, Chairman, and Secretary, founder of Actelis in 1998, with over 25 years in high-technology leadership.
- Yoav Efron, Chief Financial Officer since January 2018, formerly CFO at TriPlay Inc. and eMusic Inc.
- Mark DeVol, Chief Revenue Officer Americas, with over 30 years of experience in the defense, government, and telecommunications sectors.
- Yaron Altit, Executive Vice President, International Sales, responsible for overseeing the EMEA and APAC markets.
- Michal Winkler-Solomon, Vice President of Marketing, with more than 20 years of experience in product management and marketing.

Hybrid-fiber by Denis Sebastian Tamas
Recent Developments and News
On July 30, 2025, Actelis announced a contract valued at approximately $500,000 from the Federal Aviation Administration for upgrading air traffic control infrastructure as part of the “One Big Beautiful Bill” funding initiative.
On August 27, 2025, the company reported via LinkedIn a roughly $100,000 order from a major German city for a smart-city network deployment featuring MACsec Layer 2 encryption and zero-touch provisioning across hybrid fiber-copper links.
On September 1, 2025, Actelis secured an order from a telecommunications carrier in the Hill Country region near San Antonio, Texas, to support fixed-wireless radio units and extend rural broadband services.
Between September 8 and 10, 2025, Actelis leadership participated in H.C. Wainwright’s 27th Annual Global Investment Conference in New York City, meeting with institutional investors to discuss the company’s hybrid-fiber strategy.
The company filed an 8-K with the SEC on October 2, 2025, reporting entry into a material definitive agreement, unregistered sales of equity securities, and updated financial statements (Items 1.01, 3.02, and 9.01). On September 30, 2025, Actelis submitted revised definitive proxy materials (DEFR14A) in advance of its annual shareholder meeting.
Financial and Strategic Analysis
As of September 30, 2025, trailing twelve-month revenue was $5.26 million against a net loss of $6.07 million, yielding an earnings per share (EPS) of -$0.77. The market capitalization stood at $5.47 million with cash on hand of $393,000 and a debt-to-equity ratio of 89.8 percent. The stock trades at 0.53 times sales and 4.37 times book value, with no reported P/E ratio.
Strategically, Actelis’s hybrid-fiber approach aims to reduce project timelines by upgrading existing copper infrastructure to achieve fiber-grade performance. Key target markets include intelligent transportation systems, campus IoT deployments, smart cities, federal and military base modernization, and multi-dwelling units. Products such as the GigaLine 900 facilitate gigabit connectivity in apartments and hotels without extensive rewiring.
Market Position and Industry Context
Actelis operates in a competitive networking equipment landscape alongside traditional fiber-optic vendors and wireless backhaul providers. The company differentiates itself with FIPS and JITC-certified cybersecurity capabilities at the network edge, along with deployment models that minimize capital expenditures. Ongoing urban infrastructure projects in Europe and broadband initiatives in rural America highlight the demand for hybrid-fiber solutions, positioning Actelis within a niche in wide-area IoT networking.
tl;dr
Actelis’s stock increased by 74.16 percent on October 3, 2025, amid heavy trading following contract announcements: a $500,000 order from the FAA on July 30, a $100,000 smart-city order in Germany on August 27, and a Texas rural broadband project on September 1. The company’s hybrid-fiber technology is utilized by municipal, federal, and carrier customers, and management presented its growth strategy at the H.C. Wainwright conference on September 8–10. With trailing revenue of $5.26 million against a net loss of $6.07 million and a market cap of $5.47 million, Actelis is focused on expanding deployments in smart cities, transportation, and rural broadband in the year ahead.