PLTR - Actelis Networks Stock Skyrockets 700% After Securing New US Military Orders | Benzinga
Actelis Networks, Inc. (NASDAQ:ASNS), a provider of networking solutions for IoT applications, saw its stock soar 700% in Wednesday’s pre-market trading following the announcement of new orders for its cyber-hardened technology to be deployed at three U.S. military bases.
What Happened: At the time of writing, ASNS was trading 766% higher at $4.07, up from its previous close of $0.47 on Tuesday when the announcement was made via a press release.
In early 2024, Actelis achieved certification from the Joint Interoperability Test Command and was listed on the Department of Defense Information Network (DoDIN) Approved Products List. In February, the company also secured the U.S. Department of Commerce National Institute of Standards and Technology (NIST) certification for the FIPS 140-2 cryptographic standard.
"We have invested significant resources ...