24/7 Market News Snapshot 22 January, 2025 – Actelis Networks, Inc. Common Stock (NASDAQ:ASNS)

January 22, 2025

DENVER, Colo., 22 January, 2025 (247marketnews.com) – (NASDAQ:ASNS) are discussed in this article.
Actelis Networks, Inc. (NASDAQ:ASNS) has opened today at $1.47, exhibiting a significant increase in trading activity, currently standing at $1.625, which marks a 12.07% rise. This upward momentum comes following a previous session close at $1.450, indicating a shift in market sentiment and investor optimism. With a trading volume of 1.33 million shares, the heightened interest suggests a robust engagement from the market that could signify the continuation of this upward trend. Analysts recommend closely monitoring technical indicators such as moving averages and resistance levels for further insights into future price movements and potential patterns.

Additionally, Actelis is pleased to announce the renewal of a significant six-figure order linked to the ongoing National Roads Telecommunications Service (NRTS) initiative. This contract aims to upgrade digital infrastructure that enhances the network of roadside services essential for traffic management. The NRTS encompasses over 36,000 connections across key thoroughfares, enabling real-time traffic oversight and advanced Vehicle-to-Everything (V2X) communication capabilities. Actelis’ hybrid-fiber technology, which synergistically fuses high-performance fiber with existing copper infrastructure, positions the company as a leading provider suited to meet the complexities of this expansive project.

The renewal reflects Actelis’ commitment to its longstanding partnerships and reinforces its capability to deliver high-quality hybrid-fiber solutions. As the next phase, NRTS-3, aims to enhance the UK’s Digital Roads Strategy, there are substantial budget allocations intended for infrastructure advancements. CEO Tuvia Barlev emphasizes the anticipation surrounding this renewal, suggesting that it heralds significant opportunities as the road infrastructure improves, underscoring the firm’s vital role in the future of roadway digitalization and connectivity.

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