Substantial Revenue Growth
Actelis Networks achieved a 38% year-over-year revenue growth, reaching $7.8 million in 2024, driven by a 134% increase in North American revenues.
Impressive Gross Margin Improvement
The company's gross margin improved dramatically by 125%, reaching 55% for the full year, up from 34% in 2023.
Reduction in Loss Per Share
Actelis Networks reduced its loss per share by 67%, signaling significant progress towards profitability.
Federal/Military Sector Growth
The company achieved 150% year-over-year growth in new orders in the federal/military sector, with increasing adoption across military bases and federal agencies.
Expansion in Key Markets
Actelis Networks tripled its software and services new orders, and its GigaLine 900 solution gained significant traction in North America and globally.