In This Article:
Actelis launches MetaShield as part of its unique Cyber Aware Networking strategy, marking a significant milestone for the company, enhancing its networking portfolio with advanced AI-based cybersecurity to protect edge devices from within the network itself
FREMONT, Calif., Dec. 20, 2024 (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 the official launch of MetaShield, the company’s highly anticipated Cyber Aware Networking product. This milestone represents a significant step forward in Actelis’ strategy to expand its portfolio and establish a robust SaaS business model, delivering enhanced value to its customers, and an important differentiator for the Company’s networking solutions.
MetaShield is designed to address the growing need for proactive, integrated, cybersecurity and operational continuity management solutions within IoT and critical infrastructure networks. By applying advanced threat detection and response capabilities directly into the company’s hybrid-fiber networking products, MetaShield offers deep continuous monitoring and real-time protection. Thus, Metashield enables the safeguarding of networks against operational failures as well as sophisticated cyber threats, particularly at the edge of the network where vulnerabilities are most pronounced and hardest to detect, and before bad actions can propagate throughout the network.
Following Actelis’ announcement in August, the Company has received strong industry feedback on MetaShield during its pre-launch phase. The company will now expand its sales activity to bring this innovative solution to market. MetaShield not only strengthens Actelis’ position as a leader in secure networking but is also expected, over time, to expand its business model to include additional recurring revenue with healthy margins streams through its SaaS offering, and to differentiate its MetaShield-compatible networking solutions.
“The official launch of MetaShield marks a transformative moment for Actelis Networks,” said Tuvia Barlev, Chairman and CEO of Actelis. “As the world becomes more interconnected, the threats to critical infrastructure are growing more sophisticated. MetaShield is our response to these challenges, providing a comprehensive solution that combines robust cybersecurity with the performance and scalability of our hybrid-fiber networking technology. MetaShield operates from within the network, making it effective at the often vulnerable edge of the network, while also providing a seamless way for our critical infrastructure customers to protect their IoT operations naturally as the network is installed. This launch demonstrates our commitment to innovation and sets the stage for the next chapter of growth, enhancing the value we deliver to our customers while contributing to our long-term vision of establishing a strong SaaS business model.”