Actelis Networks announces operational reorganization

Actelis Networks (ASNS) announced that it has started the process of an operational restructuring to reach increased efficiency in delivering customer value and improve market focus, while reducing expenses. The initiative targets a reduction of approximately 20% of the Company’s expenses and is expected to be implemented gradually through the end of 2025, while strengthening the sales focus and customer delivery. “We are working to increase our customer focus while becoming more efficient in how we invest our resources” , said Tuvia Barlev, Chairman and CEO of Actelis. “We are planning to maximize efficiency by leveraging AI, outsourcing , offshoring to lower cost geographies, and automation. As part of this, we plan to minimize our spending on facilities and G&A, while introducing an optimized organizational structure, integrating new hires in key positions and reducing management overhead. In parallel, we are laser focused on enhancing our growth and delivery to customers by directing more sales and marketing resources to higher growth verticals and geographies. We are committed to creating maximum shareholder and stakeholder value.”