ACTELIS NETWORKS Business Summary

Actelis Networks Inc. (ASNS) specializes in cyber-hardened, rapid-deployment networking solutions, generating revenue through the sale of high-performance hybrid fiber-copper hardware and recurring software-as-a-service (SaaS) fees from its MetaShield cybersecurity platform. The company’s business model targets three primary segments: Smart Cities and Intelligent Transportation Systems (ITS), Federal and Military (DoD/FAA), and Multi-Dwelling Units (MDUs). By leveraging proprietary signal processing technology to deliver fiber-grade speeds over existing copper and coax infrastructure, Actelis provides a cost-effective alternative to traditional fiber-only deployments. In the competitive landscape, Actelis contends with industrial networking firms such as Moxa, EtherWAN Systems, and Belden. The company distinguishes itself as a niche leader in "last-mile" connectivity for critical infrastructure, recently underscored by significant modernization contracts with the California Department of Transportation (Caltrans) and major European utility operators. The company is led by co-founder, Chairman, and CEO Tuvia Barlev, a serial entrepreneur with over 25 years of experience who previously headed R&D at Teledata. The executive team includes Yoav Efron, who serves as both Chief Financial Officer and Deputy CEO, and Dr. Elad Domanovitz, the Chief Technology Officer responsible for the firm’s "Cyber Aware Networking" and AI-based security initiatives. The leadership is further strengthened by a board of directors featuring industry luminaries such as Dr. Niel Ransom, former Corporate CTO of Alcatel and Bell Labs veteran, and Julie Kunstler, a prominent broadband access analyst. This pedigree in telecommunications and military-grade security has been instrumental in securing high-level certifications, including the Department of Defense (DoD) Approved Products List (APL) and JITC certification, positioning the team as a trusted partner for mission-critical government and utility projects.