11:49 AM EDT, 06/28/2024 (MT Newswires) -- Actelis Networks ( ASNS ) said Friday it has received an initial order to provide its hybrid-fiber networking services to a municipal utilities company in a German city.

The order was placed by the company's local partner in Germany to use Actelis' services for achieving gigabit speeds over existing infrastructure while offering protection against cyber-attacks, it added.

The company's shares were up 35% in recent trading.

Price: 2.00, Change: +0.52, Percent Change: +35.14