Actelis Networks and Exaware Expand Strategic Collaboration with Signed Memorandum of Understanding to Pursue Joint Market Opportunities

Partnership to focus on joint sales and marketing pursuits across critical infrastructure markets while maintaining strategic dialogue as Actelis seeks Nasdaq relisting

Actelis Networks, Inc., a market leader in cyber-hardened, rapid-deployment networking solutions for IoT and broadband applications, announced that it has entered into a Memorandum of Understanding (the “MOU”), effective June 16, 2026, with Exaware Routing Ltd., an Israel-based provider of high-throughput routing, switching and open networking platforms (“Exaware”) for telecom and data centers, to advance their ongoing strategic collaboration.

The collaboration framework succeeds the previously announced acquisition term sheet between the parties and reflects their mutual decision to continue building their commercial and strategic relationship through a flexible operating structure. The companies remain aligned on the long-term strategic benefits of collaboration and intend to maintain an ongoing dialogue regarding future opportunities, while Actelis works to regain Nasdaq listing. Last week, Actelis amended its equity line of credit (“ELOC”), designed to provide additional flexibility in managing its capital structure and Nasdaq compliance objectives.

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Under the framework, Actelis and Exaware expect to work together in areas where their technologies and customer relationships are complementary. Initial efforts are expected to include joint pursuit of selected customer opportunities, coordinated business development activities, evaluation of technology interoperability and potential integrated solutions for networking and infrastructure operators.

“Exaware brings highly complementary capabilities and customer relationships that can help expand our reach into attractive networking and infrastructure markets,” said Tuvia Barlev, Chairman and Chief Executive Officer of Actelis. “This collaboration allows both companies to begin pursuing opportunities together immediately while Actelis continues executing on strategic initiatives, including our objective of returning to Nasdaq. We believe the relationship creates meaningful opportunities for customers, partners and shareholders.”

“Actelis and Exaware share a common focus on delivering innovative networking solutions to demanding infrastructure environments,” said Ronen Hovav, Chief Executive Officer of Exaware. “We look forward to collaborating on customer engagements, technology initiatives and market development opportunities that leverage the strengths of both organizations.”