Source: Benzinga

M.C. Dean: Actelis Networks Receives Two Expansion Orders for Washington DC Department of Transportation in Collaboration with Multi-Billion Dollar Partner M.C. Dean

FREMONT, Calif., Nov. 25, 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 that it has received new orders for the Washington DC Department of Transportation ("DDOT"). These orders follow the approximately $2.3 million order announced in May 2024 which played a crucial role in modernizing and standardizing DDOT's network connectivity infrastructure along its roadways and intersections.Actelis is collaborating with M.C. Dean, a key integrator for DDOT and the leading "Building Intelligence®" solutions provider, specializing in the design, construction, and maintenance of advanced cyber-physical systems for mission-critical facilities and complex infrastructure.According to a recent report by the Texas A&M Transportation Institute, Washington DC ranks as one of the United States' most congested cities. A variety of factors contribute to this high level of traffic congestion including high population density, an influx of visitors commuting from surrounding areas, and tourists visiting from around the globe utilizing rental cars and ride share services."Washington, DC's complex traffic environment necessitates innovative solutions for managing roadways," said Tuvia Barlev, Chairman and CEO of Actelis. "The backbone of effective traffic management systems is reliable, far-reaching network connectivity. Actelis enables DDOT ...Full story available on Benzinga.com

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Est. Annual Revenue
$1.0-5.0B
Est. Employees
5.0-10K
William H. Dean's photo - CEO of M.C. Dean

CEO

William H. Dean

CEO Approval Rating

90/100

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