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Actelis Networks (NASDAQ:ASNS) has announced a partnership with Carahsoft Technology to enhance IoT connectivity for US government agencies. This collaboration will allow Actelis’ hybrid-fiber connectivity solutions to be available through Carahsoft’s public sector resellers and government contract vehicles, including NASA’s SEWP V and OMNIA Partners contracts. The partnership aims to expedite the deployment of IoT devices by reducing project timelines and costs.
Actelis’ technology boosts existing copper and coax infrastructure to fiber-grade performance, already deployed in smart cities, military bases, and utilities monitoring. Carahsoft’s Sales Executive, Lacey Wean, emphasized the flexibility and expedience Actelis’ solutions bring to government networking projects. For more details, contact Carahsoft at (844) 722-8436 or [email protected].
Positive
- Partnership with a major IT solutions provider, Carahsoft.
- Availability of Actelis’ hybrid-fiber solutions through government contracts like NASA’s SEWP V and OMNIA Partners.
- Reduction in project timelines and costs for deploying IoT devices.
- Enhancement of existing network infrastructure to fiber-grade performance.
- Successful deployments in smart cities, military bases, and utilities monitoring.
Negative
- Potential dependency on Carahsoft’s reseller network.
- Unspecified financial terms of the partnership.
- The impact of the partnership on revenue growth remains uncertain.
Actelis Networks’ partnership with Carahsoft reflects a strategic maneuver to penetrate deeper into the Public Sector market. By leveraging Carahsoft’s extensive reseller network and government contract vehicles such as SEWP V and OMNIA Partners, Actelis can significantly broaden its market reach. This move could potentially expedite sales cycles and improve revenue visibility, assuming successful integrations and uptake by Federal, State, Local and Educational organizations.
From a retail investor’s perspective, the collaboration aligns with Actelis’ growth strategy, focusing on sectors with substantial budgets and consistent demand for cyber-secure, high-speed connectivity solutions. However, while this partnership opens doors, it doesn’t guarantee immediate financial impact. Investors should monitor subsequent earnings reports and contract wins to assess the partnership’s true value.
Moreover, Actelis’ positioning in the smart city and intelligent transportation markets could see a boost, leveraging Carahsoft’s market penetration. This adds a layer of stability and potential growth, suggesting a promising long-term outlook if executed effectively. In summary, this partnership appears to be a significant growth catalyst but requires diligent monitoring for tangible results.
The partnership with Carahsoft allows Actelis to offer its hybrid-fiber connectivity solutions to a wider range of government clients. Actelis’ technology is designed to enhance existing copper and coax infrastructure to fiber-like performance, which can be particularly attractive to government agencies dealing with older networks. This capability can lead to cost savings and faster deployment times, making Actelis’ solutions valuable in scenarios requiring rapid IoT device and system implementations.
Technical aspects such as cyber-security and rapid deployment are paramount for government networks and Actelis’ proven track record in these areas adds credibility. The company’s technology already supports critical applications like smart city projects and military base modernization, which speaks to its reliability and effectiveness.
For investors, the key takeaway is that Actelis’ product offering addresses a clear and specific need within the governmental sector, potentially translating into steady demand.
06/17/2024 – 04:30 PM
Actelis Solutions Now Available Through Carahsoft’s Public Sector Resellers and Government Contract Vehicles
FREMONT, Calif., June 17, 2024 (GLOBE NEWSWIRE) — Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced a partnership with Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®. Under the agreement, Carahsoft will serve as Actelis’ Public Sector distributor, making Actelis’ hybrid-fiber connectivity solutions available to Federal, State and Local agencies, and Educational organizations in the U.S. and Canada through Carahsoft’s reseller partners and NASA Solutions for Enterprise-Wide Procurement (SEWP) V and OMNIA Partners contracts.
“Our new partnership with Carahsoft is a big step forward for Actelis as we look to expand the use of our solutions within Government networks,” said Tuvia Barlev, Chairman & CEO of Actelis. “Carahsoft is highly respected in the Public Sector and has a strong network of resellers and integrators who can benefit from our hybrid-fiber approach to enable instant and secure connectivity for their customers.”
Actelis’ proven solutions help Government agencies significantly reduce project timelines and costs associated with deploying IoT devices and systems. With patented connectivity technology designed to operate within fiber networks, and the unique capability to boost the performance of copper and coax infrastructure to fiber-grade, Actelis helps users maximize their existing network assets. The company’s technology is currently deployed across hundreds of cities around the globe and is used for smart city and intelligent transportation applications, the acceleration of military base modernization, utilities monitoring and high-speed internet connectivity.
“Carahsoft and our reseller partners are pleased to work with Actelis to provide our joint customers with highly flexible connectivity solutions that expedite the completion of their Government networking projects,” said Lacey Wean, Sales Executive for Smart Cities Technology Solutions at Carahsoft. “The Actelis solution is a unique contribution to our portfolio, and we look forward to working with their team to identify how agencies can maximize the infrastructure they already have to support additional network modernization initiatives.”
Actelis’ solutions are available through Carahsoft’s SEWP V contracts NNG15SC03B and NNG15SC27B and OMNIA Partners Contract #R191902. For more information, contact the Carahsoft team at (844) 722-8436 or [email protected].
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.
About Carahsoft
Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Cybersecurity, MultiCloud, DevSecOps, Artificial Intelligence and Machine Learning, Open Source, Customer Experience and Engagement and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. Visit us at www.carahsoft.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.
Actelis Media Contact
Sean Renn
Global VP Marketing & Communications
[email protected]
Actelis Investor Relations Contact
Kirin Smith
PCG Advisory, Inc.
[email protected]
Carahsoft Media Contact
Mary Lange
(703) 230-7434
[email protected]
FAQ
What is the significance of Actelis’ partnership with Carahsoft?
The partnership will make Actelis’ hybrid-fiber connectivity solutions available to Federal, State, and Local agencies, as well as educational organizations, through Carahsoft’s resellers.
How will Actelis’ solutions benefit US government agencies?
Actelis’ solutions are designed to reduce project timelines and costs, enhancing existing network infrastructures to fiber-grade performance.
What government contracts will Actelis’ solutions be available through?
Actelis’ solutions will be available through NASA’s SEWP V and OMNIA Partners contracts.
What are some applications of Actelis’ technology?
Actelis’ technology is used in smart cities, military base modernization, utilities monitoring, and high-speed internet connectivity.
How can I get more information about Actelis’ solutions?
For more details, contact Carahsoft at (844) 722-8436 or [email protected].
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