24/7 Market News Snapshot 17 Jun 2024 – Actelis Networks, Inc. Common Stock (NASDAQ: ASNS)

June 17, 2024 3:45

Press Release

DENVER, Colo., 17 June, 2024 (247marketnews.com) – (Nasdaq:ASNS) are discussed in this article.
Actelis Networks, a pioneer in cyber-hardened networking solutions, experienced a remarkable surge in stock performance today, with ASNS shares demonstrating a bullish momentum. Opening at $1.31 and closing impressively at $1.87, the stock saw a notable 40.00% increase from the market open, reflecting a heightened investor interest and market confidence in ASNS. This significant uptrend, supported by a trading volume of 2.0M shares, indicates a strong buying sentiment that may lead to further price appreciation.

In a strategic move to bolster its presence in the public sector, Actelis Networks has solidified a key partnership with Carahsoft Technology Corp., a premier Government IT Solutions Provider. Carahsoft will serve as Actelis Networks’ exclusive distributor in the Public Sector, granting Federal, State, and Local agencies, as well as Educational organizations in the U.S. and Canada, access to Actelis’ cutting-edge hybrid-fiber connectivity solutions.

Through Carahsoft’s extensive network of reseller partners and government contract vehicles such as NASA SEWP V and OMNIA Partners contracts, Actelis Networks aims to expand its reach and offer rapid deployment networking solutions tailored for IoT applications to a broader customer base. This collaboration underscores Actelis Networks’ commitment to providing reliable and secure networking solutions for government and education sectors, aligning with Carahsoft’s reputation as a trusted provider in the industry.

Stakeholders in search of innovative networking solutions to drive digital transformation initiatives can now leverage this partnership to access Actelis Networks’ advanced technology offerings through Carahsoft’s established distribution channels. The synergies between the two companies present a compelling opportunity for customers to benefit from state-of-the-art connectivity solutions tailored to meet the evolving demands of modern government and educational environments.

About 24/7 Market News
As a pioneer in digital financial market media, 24/7 Market News (24/7MN) is dedicated to the swift distribution of financial market news and information. 24/7 MN incorporates comprehensive corporate communications resources and tools to engage the investment community. Visit 24/7 Market News website here.

24/7 Market News, Inc Disclaimer
Please go to https://247marketnews.com/disclaimer/ for disclaimer information.

CONTACT:
24/7 Market News
Editor@247marketnews.com

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.