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Actelis Networks Announces Operational Reorganization To Enhance Customer Value and Optimize Cost Structure

Provided By GlobeNewswire

Last update: Aug 21, 2025

FREMONT, Calif, Aug. 21, 2025 (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 started the process of an operational restructuring to reach increased efficiency in delivering customer value and improve market focus, while reducing expenses. The initiative targets a reduction of approximately 20% of the Company’s expenses and is expected to be implemented gradually through the end of 2025, while strengthening the sales focus and customer delivery.

Read more at globenewswire.com

ACTELIS NETWORKS INC

NASDAQ:ASNS (8/22/2025, 8:00:00 PM)

After market: 0.482 +0 (+0.42%)

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