Actelis Networks Reports Third Quarter 2026 Financial Results and Provides Business Update

Tuvia Barlev, Chairman and Chief Executive Officer of Actelis Networks

“We grew revenue year over year for the third quarter in a row, and this quarter we did it with a wider margin and a lower cost base: revenue grew 68%, gross margin rose to 40% from 28% and operating expenses fell 13%, cutting our net loss by more than a third compared with the third quarter of 2025.”

Tuvia Barlev, Chairman and Chief Executive Officer of Actelis Networks

“North American revenue rose 170%, driven by deliveries to federal and intelligent transportation customers.”

Tuvia Barlev, Chairman and Chief Executive Officer of Actelis Networks

“Our work for the U.S. Marine Corps illustrates why customers, and the military in particular, choose Actelis. Using the base’s existing wiring, we brought fiber-grade, cyber-hardened VoIP service to 65 buildings in days, at a fraction of the cost and time of laying new fiber.”

Tuvia Barlev, Chairman and Chief Executive Officer of Actelis Networks

“We are taking that same combination of speed, security, and cost to more federal programs, to carriers closing the digital divide in places like Alaska, and to transportation agencies and hospitality operators.”

Tuvia Barlev, Chairman and Chief Executive Officer of Actelis Networks

“Our momentum is accelerating in federal and military networking, as well as in intelligent transportation, cyber-hardened software and services, and hospitality and professional audiovisual applications, and we have achieved a leaner cost base in parallel.”

Tuvia Barlev, Chairman and Chief Executive Officer of Actelis Networks

“Our focus is on converting more of these opportunities into revenue, along with the strategic and capital-markets steps that support our effort to return to Nasdaq.”