MARKET WIRE NEWS

Actelis Networks Solutions Selected for Intelligent Transportation System Upgrade in the City of Cincinnati, Ohio

MWN-AI** Summary

Actelis Networks, Inc. (NASDAQ: ASNS), a prominent provider of hybrid fiber-copper networking solutions, announced on March 23, 2026, that it has received a significant order for upgrades to the Intelligent Transportation System (ITS) in Cincinnati, Ohio. This deployment, which focuses on modernizing intersection infrastructures, represents Actelis' first municipal ITS project in the Midwest, highlighting the company's expanding influence in the U.S. transportation sector.

With this new order, Actelis reinforces its growing portfolio of contracts across various U.S. municipalities, including partnerships with California's Caltrans, and cities such as Chino, Orange County, and the Washington, D.C. Department of Transportation. Tuvia Barlev, Actelis' Chairman and CEO, emphasized that their solutions are increasingly being recognized as the preferred choice for modernization efforts due to their fiber-grade connectivity, cost-effectiveness, and built-in cybersecurity features.

The company specializes in rapid deployment of cyber-hardened networking solutions, primarily targeting IoT and broadband applications in various sectors, such as government, military, and utilities. Actelis' innovative approach enables cities to enhance their traffic management systems without the expense and logistical challenges associated with full fiber replacements.

In addition to detailing the Cincinnati project, the press release also included forward-looking statements about the anticipated impacts of this and other projects on the company’s revenue and overall market presence. While optimistic, the company cautioned that various risks and uncertainties could affect the realization of these expectations.

For more information, investors and interested parties can visit Actelis Networks at www.actelis.com.

MWN-AI** Analysis

Actelis Networks, Inc. (NASDAQ: ASNS) has recently fortified its position in the municipal intelligent transportation system (ITS) market following its selection for an upgrade in Cincinnati, Ohio. This development reflects Actelis' growing foothold in the sector, bolstered by earlier orders from key transportation authorities across various states.

Investors should view this expansion favorably as it demonstrates the company’s ability to secure diverse contracts, a cornerstone for sustainable revenue growth. Actelis’ hybrid fiber-copper solutions offer a cost-efficient alternative to full fiber replacements, making it an attractive choice for municipalities looking to modernize their traffic infrastructure without incurring substantial expenses or delays.

The Cincinnati deployment signals Actelis' strategic growth into the Midwest, a key region where public infrastructure investments are poised to increase. Given the federal government's focus on improving and modernizing transportation infrastructure nationwide, Actelis is well-positioned to capitalize on this trend.

Moreover, the company’s emphasis on cybersecurity through its "Cyber Aware Networking" initiative directly addresses growing concerns over security vulnerabilities in digital infrastructure. This capability not only enhances the value of Actelis’ offerings but also distinguishes the company from competitors, potentially leading to increased market share in both municipal and private sectors.

However, investors should also be mindful of the inherent risks in the tech industry, particularly related to execution risks and the competitive landscape. As noted in the press release, forward-looking statements carry uncertainties that could affect actual outcomes. As such, potential fluctuations in stock price can arise based on broader market conditions, as well as the company's operational effectiveness.

Overall, with its established track record and expanding portfolio, Actelis presents a promising investment opportunity for those looking to gain exposure to the future of smart transportation technologies. Careful monitoring of contract wins and market trends will be crucial for navigating any volatility in its stock performance.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

SUNNYVALE, Calif., March 23, 2026 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid-deployment networking solutions for IoT and broadband applications, today announced that it has secured an order to supply its hybrid fiber-copper networking solutions for an intelligent transportation system (ITS) upgrade in the City of Cincinnati, Ohio. The deployment will support intersection upgrades in the city, further extending Actelis' presence in the U.S. municipal ITS market.

This order adds to a series of orders reflecting the Company's success in the transportation sector across municipalities in the United States. In recent months, Actelis has secured orders spanning California's Caltrans, the cities of Chino and Cincinnati, Orange County and Ventura County, and follow-on orders from the Washington, D.C. Department of Transportation, among multiple other U.S. municipalities and transportation authorities. The Cincinnati deployment marks Actelis' first municipal ITS win in the Midwest, demonstrating the Company's expanding geographic reach as cities across the country increasingly adopt its technology for traffic infrastructure modernization.

"With another municipal ITS order, this time for Cincinnati, the country-wide pattern continues: cities and transportation agencies are choosing Actelis as the go-to solution for intelligent hybrid fiber-copper modernization," said Tuvia Barlev, Chairman and CEO of Actelis. Our ability to deliver fiber-grade connectivity over existing infrastructure, rapidly, cost-effectively, and with built-in cybersecurity, continues to resonate with those looking to upgrade their traffic systems without the time and expense of full fiber replacement."

About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including government, ITS, military, utility, rail, telecom, and campus networks. Actelis' innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Through its "Cyber Aware Networking" initiative, Actelis also provides AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience. 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," “looking forward,” and similar expressions that are intended to identify forward-looking statements. Forward-looking statements in this press release include, for example, statements regarding the expected deployment and performance of Actelis' ML684M solution within the SR-82 project, the anticipated contribution of this order to the Company's revenue, the Company's expectations regarding its growing presence in California's intelligent transportation systems market, and the Company's belief that its technology will continue to be recognized as a trusted solution for ITS communications infrastructure. 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 could 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.

Investor Relations Contact
Arx Investor Relations
North American Equities Desk
actelis@arxhq.com


FAQ**

How does Actelis Networks Inc ASNS plan to leverage its recent order for the intelligent transportation system upgrade in Cincinnati to enhance its presence in other U.S. municipalities?

Actelis Networks Inc ASNS intends to use its recent Cincinnati intelligent transportation system upgrade as a showcase of its capabilities, aiming to attract similar projects in other U.S. municipalities by demonstrating successful implementation and improved urban mobility solutions.

What specific challenges does Actelis Networks Inc ASNS foresee in the deployment of its hybrid fiber-copper solutions, and how does the company plan to address them?

Actelis Networks Inc anticipates challenges related to legacy infrastructure integration and customer adoption for its hybrid fiber-copper solutions, which it plans to address through targeted customer education, robust support resources, and strategic partnerships for smoother deployment.

With its cyber-hardened networking solutions, how does Actelis Networks Inc ASNS differentiate itself from competitors in the municipal intelligent transportation systems market?

Actelis Networks Inc (ASNS) differentiates itself in the municipal intelligent transportation systems market by offering robust, cyber-hardened networking solutions that enhance security and reliability, ensuring seamless data integration and communication for smart city applications.

What is Actelis Networks Inc ASNS's strategy for expanding its footprint in the Midwest, considering this is its first municipal ITS win in that region?

Actelis Networks Inc. plans to leverage its first municipal Intelligent Transportation Systems (ITS) win in the Midwest by establishing strategic partnerships, enhancing local community engagement, and showcasing successful deployment outcomes to drive further expansion in the region.

**MWN-AI FAQ is based on asking OpenAI questions about Actelis Networks Inc (NASDAQ: ASNS).

Actelis Networks Inc

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