Upon announcing a significant partnership, Actelis Networks, Inc. (NASDAQ: ASNS) saw a notable surge in its stock price on the US stock charts on Tuesday. ASNS shares soared 84.35%, closing the session at $2.12.
Collaboration With Carahsoft
Actelis Networks (ASNS) and Carahsoft Technology Corp., one of the top suppliers of IT solutions to the government, have teamed together. According to the deal, Actelis’ Public Sector products will now be distributed by Carahsoft. Through this partnership, federal, state, and local entities, as well as educational institutions in the United States and Canada, will have simpler access to Actelis’ hybrid-fiber connection options. In addition to Carahsoft’s wide reseller partner network, distribution will take place via agreements with OMNIA Partners and NASA Solutions for Enterprise-Wide Procurement (SEWP) V.
Enhancing Government Network Solutions
The partnership with Carahsoft marks a significant milestone for Actelis in its effort to expand the implementation of its solutions within government networks. Carahsoft’s esteemed reputation in the public sector, coupled with its robust network of resellers and integrators, positions it to effectively leverage Actelis’ hybrid-fiber technology. This technology provides immediate and secure connectivity, thus enabling government agencies to significantly reduce project timelines and costs associated with deploying IoT devices and systems.
Actelis’ patented connectivity technology enhances the performance of existing fiber networks and boosts copper and coax infrastructure to fiber-grade standards. This capability allows users to maximize their current network assets. The company’s technology is already deployed in numerous cities worldwide, supporting smart city initiatives, intelligent transportation systems, military base modernization, utilities monitoring, and high-speed internet connectivity.
Future Prospects And Contributions
Through this partnership, Carahsoft will collaborate with Actelis to offer joint customers flexible connectivity solutions that expedite the completion of their government networking projects. The integration of Actelis’ solutions into Carahsoft’s portfolio represents a unique addition, helping agencies to optimize their existing infrastructure and support further network modernization initiatives.
