10:15 AM EDT, 09/02/2025 (MT Newswires) -- Actelis Networks ( ASNS ) said Tuesday it has received an about $500,000 order from the Federal Aviation Administration to supply hybrid-fiber networking products for air traffic control infrastructure modernization.
The company said the order is part of the FAA's wider modernization project after Congress's approval of $12.5 billion in dedicated funding via the Trump administration's "One Big Beautiful Bill" signed in July.
Actelis shares were rising 43% in recent trading.
Price: 0.47, Change: +0.11, Percent Change: +30.21