other material
confidence medium
sentiment positive
materiality 0.60
Actelis Networks selected by Seattle for significant infrastructure modernization project
ACTELIS NETWORKS INC
- New order from City of Seattle Department of Transportation for ITS upgrade using Actelis hybrid-fiber technology.
- Seattle named 'smartest city in the US'; project includes traffic signals, cameras, congestion monitoring.
- Follows recent wins in Washington D.C., San Jose and major international cities.
- Order facilitated by Washington-based reseller partner Western Systems.
- Global smart city market projected to reach $165.8B by 2028; ITS market $65.33B by 2032.