MoUJul 10, 2026, 09:13 AM
Actelis Networks and Exaware Routing Sign MOU for Collaboration
AI Summary
Actelis Networks, Inc. announced it has entered into a Memorandum of Understanding (MOU) with Exaware Routing Ltd., effective June 16, 2026, to advance their strategic collaboration. This MOU replaces a previous acquisition term sheet, reflecting a mutual decision for a flexible operating structure. The companies plan to work together on customer opportunities, business development, and technology integration. Actelis also amended its equity line of credit and continues its efforts to regain Nasdaq listing.
Key Highlights
- Actelis Networks and Exaware Routing Ltd. signed a Memorandum of Understanding (MOU).
- The MOU, effective June 16, 2026, advances their ongoing strategic collaboration.
- It replaces a previously announced acquisition term sheet between the parties.
- The collaboration focuses on a flexible operating structure for mutual benefit.
- Actelis amended its equity line of credit (ELOC) for capital structure flexibility.
- Actelis continues to work towards regaining its Nasdaq listing.
- Initial efforts include joint customer pursuit and technology interoperability.
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