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Company

ACTELIS NETWORKS INC

Ticker
ASNS
Sector
Industry
Report date
August 18, 2026
Valye AI Score

100

Very high visibility
Recent developments
Recent developments summary

Recent news coverage includes macroeconomic and market conditions affecting the broader market, with no direct company-specific news reported recently.

Recent developments:
  • The company was delisted from Nasdaq in April 2026 due to failure to maintain minimum bid price and now trades on the OTCQB Venture Market under ticker ASNS [S2].
  • Actelis Networks has engaged in equity line of credit agreements and private placements to raise capital, including issuing shares and warrants to White Lion Capital LLC [S1, S20, S21].
  • Geopolitical tensions and conflicts in the Middle East, particularly Israel, where the company has significant operations, continue to pose operational risks [S2].
  • The company faces ongoing risks from inflation, supply chain disruptions, and cybersecurity threats as described in SEC filings [S1].
  • Recent broader market news highlights weak stocks, rising bond yields, and economic uncertainty which may indirectly impact the company [N1][N3][N5].
Overview

Actelis Networks Inc develops and sells networking products and solutions primarily for telecommunications service providers, enterprises, residential customers, and mobile base station connectivity. The company has shifted strategic focus towards IoT verticals while maintaining its Telco customer base, which accounted for 27% of revenues in 2025. Manufacturing is fully outsourced to key suppliers and contract manufacturers, mainly located in Israel and Taiwan. The company faces operational risks related to supply chain disruptions, component availability, and quality control due to outsourcing. Actelis has a history of net losses and an accumulated deficit, with recent financials showing quarterly revenue of $1.132 million and net loss of $1.393 million as of June 30, 2026. The company was delisted from Nasdaq in April 2026 due to failure to meet minimum bid price requirements and currently trades on the OTCQB Venture Market. It operates research and development facilities in Israel, exposing it to geopolitical risks from regional conflicts. The company also faces cybersecurity risks related to its products and IT environment. Capital raising efforts include equity line of credit agreements and private placements. The business depends on a limited number of significant customers, with concentration risk. Inflation, economic conditions, and supply chain issues pose additional challenges.

Executive summary

Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice. Actelis Networks Inc is a technology company focused on telecommunications and IoT markets, with products deployed globally. The company has experienced net losses and was delisted from Nasdaq in 2026, now trading on OTCQB. It faces risks from geopolitical instability in Israel, supply chain challenges, and cybersecurity threats. Liquidity ratios as of June 30, 2026 indicate a current ratio of 3.4 and cash ratio of 2.01, supported by $5.7 million in cash and equivalents.

Scenarios for ASNS

Bull case model:

The company has a global deployment footprint with over 100 telecommunications providers and is expanding into fast-growing IoT verticals, which could diversify revenue streams. Its outsourcing model allows operational flexibility and cost management. Actelis maintains liquidity with a current ratio of 3.4 and cash ratio of 2.01 as of June 2026, supporting ongoing operations. The company has engaged in capital raising activities to support growth and compliance efforts. Its cybersecurity features integrated into products address increasing market demand for secure networking solutions. The company’s technology development is supported by government grants, which may provide financial and strategic benefits.

Bear case model:

Actelis Networks has a history of net losses and an accumulated deficit, with recent quarterly losses continuing. The company was delisted from Nasdaq due to failure to meet minimum bid price requirements, now trading on a less liquid OTCQB market, which may reduce investor interest and liquidity. The business is exposed to significant geopolitical risks due to its operations in Israel amid regional conflicts, which could disrupt operations. Dependence on outsourced manufacturing and unique component suppliers creates supply chain and quality risks. Customer concentration risk is high, with top ten customers accounting for a majority of revenues. Inflation, economic uncertainty, and cybersecurity threats pose additional risks. Capital raising may dilute shareholders and is uncertain.

Moat:

Actelis Networks' moat is based on its specialized networking technology deployed with over 100 telecommunications service providers worldwide, including enterprise and mobile base station applications. Its focus on IoT verticals and established customer relationships provide some differentiation. However, the company relies heavily on outsourced manufacturing and a limited number of key customers, which may limit competitive advantages. The company's technology development is supported by Israeli Innovation Authority grants, which impose restrictions on technology transfer, potentially protecting proprietary know-how. The moat is challenged by supply chain dependencies, geopolitical risks, and financial constraints.

Risks overview
Risks summary
The most significant risks include geopolitical instability affecting operations in Israel, financial challenges including delisting and liquidity constraints, and supply chain dependencies that could disrupt product delivery and profitability.
Risks details:

• Geopolitical Risks: Operations and R&D facilities are located in Israel, exposing the company to risks from regional conflicts, military actions, and political instability that could disrupt business and impact financial results [S1, S2].
• Financial and Liquidity Risks: The company has a history of net losses, negative cash flow, and an accumulated deficit. It was delisted from Nasdaq and now trades on OTCQB, which may limit liquidity and capital raising ability [S1, S2].
• Supply Chain and Manufacturing Risks: Outsourced manufacturing and reliance on unique component suppliers create risks of supply disruptions, quality issues, and potential product redesigns due to component end-of-life [S1].
• Customer Concentration: A significant portion of revenue is derived from a limited number of customers, increasing risk if any major customer reduces or ceases business [S1].
• Cybersecurity Risks: Despite cybersecurity features, products and IT systems may be vulnerable to cyber-attacks, which could disrupt operations and damage reputation [S1].
• Market and Economic Risks: Inflation, economic downturns, and geopolitical instability may reduce demand, increase costs, and affect profitability [S1].
• Capital Raising and Dilution Risks: Future capital raising may be costly, dilutive, and uncertain, impacting financial condition and shareholder value [S1].

FINAL FORECAST FOR ASNS

Final take one line
Actelis Networks exhibits very high visibility with detailed SEC disclosures on its business model, financials, risks, and recent delisting and capital raising developments.
Final take 12 to 24 month view

Business trends: The company is focusing on IoT verticals while maintaining Telco customers, facing challenges from geopolitical risks and supply chain dependencies.
Execution milestones: Maintaining liquidity, managing delisting consequences, and executing capital raising efforts are key near-term milestones.
Key risks: Geopolitical instability in Israel, financial and liquidity constraints, supply chain disruptions, customer concentration, and cybersecurity threats remain significant risks.

Valye AI Visibility Research Score

Very high visibility

Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).

100
LLM visibility overview
LLM Visibility known facts
  • Actelis Networks Inc is a technology company with products and solutions deployed with more than 100 telecommunication service providers worldwide, serving enterprise, residential, and mobile base station connectivity applications [S1].
  • The company has shifted focus in recent years to serve fast-growing IoT verticals while maintaining commitment to existing Telco customers, with Telco customers accounting for approximately 27% of revenues in 2025 [S1].
  • Actelis outsources product manufacturing and procurement to key manufacturers and component suppliers, with no direct control over manufacturing processes [S1].
  • The company faces risks related to supply chain disruptions, quality, reliability, and potential end-of-life of unique components, which may require product redesign or inventory write-offs [S1].
  • Actelis has a history of net losses, with net losses of $8.3 million and $4.4 million in 2025 and 2024 respectively, and an accumulated deficit of $52 million as of December 31, 2025 [S1].
  • The company reported revenue of $1.132 million and net loss of $1.393 million for the quarter ended June 30, 2026, with basic and diluted EPS of -$0.05 per share [S2].
  • Liquidity as of June 30, 2026 includes cash and equivalents of $5.748 million, current assets of $10.058 million, current liabilities of $2.961 million, with a current ratio of 3.4 and cash ratio of 2.01 [S2].
  • The company was delisted from the Nasdaq Capital Market in April 2026 due to failure to maintain minimum bid price and now trades on the OTCQB Venture Market under ticker ASNS [S2].
  • Actelis has engaged in equity line of credit agreements and private placements to raise capital, including issuing shares and warrants to White Lion Capital LLC [S1, S20, S21].
  • The company operates research and development facilities in Israel, with 29 of 37 full-time employees located there, and faces geopolitical risks due to regional conflicts and hostilities [S1, S2].
  • Actelis provides cybersecurity features in its products but acknowledges risks of cyber-attacks and potential breaches that could disrupt business and damage reputation [S1].
  • The company faces risks from inflation, supply chain disruptions, and economic and political instability that could adversely affect demand, costs, and profitability [S1].
  • Actelis depends on a limited number of significant customers, with the top ten customers accounting for approximately 62% of revenues in 2025, posing concentration risk [S1].
  • The company plans to expand operations and marketing efforts to support growth, which may impact profitability if growth is less than expected [S1].
  • Actelis is subject to restrictions on transfer or licensing of technology developed with Israeli Innovation Authority grants, which may affect business transactions [S1].
Sources
Sources - Context summary

Generated 2026-08-18

Sources - Earning calls
Sources - Other context
Sources - SEC Filings
  • S1 | 2026-03-18 | 10-K
  • S2 | 2026-08-13 | 10-Q
Sources - News headlines
  • N1 | 2026-08-18 | www.nasdaq.com | Dollar Supported by Weak Stocks and Rising Bond Yields | https://www.nasdaq.com/articles/dollar-supported-weak-stocks-and-rising-bond-yields
  • N2 | 2026-08-18 | www.nasdaq.com | Cotton Gains Extending to Tuesday Morning, Following USDA Condition Cut | https://www.nasdaq.com/articles/cotton-gains-extending-tuesday-morning-following-usda-condition-cut
  • N3 | 2026-08-18 | www.nasdaq.com | Stocks Retreat as Global Bond Yields Rise | https://www.nasdaq.com/articles/stocks-retreat-global-bond-yields-rise
  • N4 | 2026-08-18 | www.nasdaq.com | Disney's ABC Files First Amendment Lawsuit Against FCC Over Accelerated License Renewal Campaign | https://www.nasdaq.com/articles/disneys-abc-files-first-amendment-lawsuit-against-fcc-over-accelerated-license-renewal
  • N5 | 2026-08-18 | www.nasdaq.com | Stocks Settle Lower on Rising Crude Prices and Higher Bond Yields | https://www.nasdaq.com/articles/stocks-settle-lower-rising-crude-prices-and-higher-bond-yields
  • N6 | 2026-08-18 | www.nasdaq.com | Cotton Closes with Monday Gains, as USDA Cuts Conditions Ratings | https://www.nasdaq.com/articles/cotton-closes-monday-gains-usda-cuts-conditions-ratings
  • N7 | 2026-05-06 | www.nasdaq.com | Airgain (AIRG) Reports Q1 Loss, Beats Revenue Estimates | https://www.nasdaq.com/articles/airgain-airg-reports-q1-loss-beats-revenue-estimates
  • N8 | 2026-04-30 | www.nasdaq.com | Asure Software, Inc. (ASUR) Tops Q1 Earnings and Revenue Estimates | https://www.nasdaq.com/articles/asure-software-inc-asur-tops-q1-earnings-and-revenue-estimates
Important legal disclaimer

This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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