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Home Benzinga

Actelis Networks Adds Industry Powerhouse Niel Ransom to Board, Strengthening Cybersecurity and Networking Expertise

Global Markets News Network by Global Markets News Network
February 4, 2025
in Benzinga
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Actelis Networks Adds Industry Powerhouse Niel Ransom to Board, Strengthening Cybersecurity and Networking Expertise
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Actelis Networks*(NASDAQ: ASNS), a leader in cyber-hardened networking solutions for IoT, broadband, and critical infrastructure, today announced the appointment of Dr. Niel Ransom to its Board of Directors. A respected industry veteran, Ransom brings nearly five decades of experience in networking, cybersecurity, and deep-tech investment, enhancing Actelis’ strategic leadership as it expands its presence in secure networking.

A Proven Track Record in Telecommunications and Security

Ransom has held pivotal roles in the telecommunications and networking industries, contributing to major advancements in secure and high-performance connectivity solutions. His early career at Bell Labs saw him involved in cutting-edge research that laid the foundation for modern networking. Later, at BellSouth, he played a key role in developing advanced network technologies that shaped the telecom industry. His tenure as Corporate CTO of Alcatel was marked by overseeing global R&D investments and M&A strategies that positioned the company at the forefront of networking innovation.

Beyond these leadership roles, Ransom has been instrumental in steering multiple technology firms. He has served on the boards of publicly traded companies including ECI Telecom, Applied Micro, Cyan, and Radisys, gaining valuable experience in scaling operations and navigating complex regulatory landscapes. His recent work as a Partner at Celesta Capital, focusing on deep-tech investments, positions him well to advise Actelis on the rapidly evolving cybersecurity and networking landscape.

Why This Matters for Actelis

The appointment comes at a time when cybersecurity threats to critical infrastructure are increasing. Governments and enterprises are seeking more robust, secure networking solutions, and Actelis has been at the forefront of delivering these capabilities. Ransom’s experience with network security and broadband infrastructure—gained from his involvement with global telecom leaders—brings Actelis the expertise needed to scale its operations and refine its product offerings.

His deep knowledge of optical networking, mobile edge computing, and cybersecurity investments aligns with Actelis’ push to expand its cyber-hardened networking solutions. His leadership in companies that have successfully navigated industry transformations will be instrumental as Actelis grows its presence in intelligent transportation systems (ITS), government networks, and critical infrastructure.

The Road Ahead for Actelis

Actelis has recently launched MetaShield, an AI-driven cybersecurity platform designed to enhance security at the network’s edge. Additionally, the company has secured key contracts in government and intelligent transportation sectors, reinforcing its position as a leader in resilient and scalable networking solutions.

“With the increasing demand for secure, high-speed networking solutions, Actelis is uniquely positioned to address key challenges in cybersecurity, edge networking, and critical infrastructure,” Ransom said in the company’s announcement. “I look forward to working with the team to accelerate growth and innovation.”

Tuvia Barlev, Chairman and CEO of Actelis Networks, added: “We are thrilled to welcome Niel to our Board of Directors. His strategic vision and deep expertise in communications, network security, and emerging technologies will be invaluable as we continue to strengthen our leadership in cyber-hardened hybrid-fiber networking solutions and cyber-aware networking.”

With Ransom’s addition to the Board, Actelis strengthens its leadership at a critical moment for the industry. As secure networking solutions become an increasing priority for government agencies and enterprises, Actelis’ ability to leverage his expertise could provide the strategic direction needed to drive growth and innovation in 2025 and beyond.

Actelis Networks (NASDAQ: ASNS) One Year Graph

*Disclaimer: Nothing in this report constitutes financial or investment advice, nor does it represent an offer to buy or sell securities. This report is published and produced by Future Markets Research, a brand affiliated with the Wall Street Wire™ network. The operators of Wall Street Wire are not registered brokers, dealers, or investment advisers. This report contains paid promotional content related to Actelis Networks and was produced as part of their paid subscription to Wall Street Wire. Please review the full disclaimers and compensation disclosures here: redditwire.com/terms.

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