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flag Actelis Networks shares surged 43% after winning a $300,000 cybersecurity contract with a major European telecom.

flag Actelis Networks shares jumped 43% to $0.53 in after-hours trading on Thursday after securing a $300,000 contract with a major Southern European telecom carrier. flag The deal, which makes up about 5.45% of the company’s market cap, involves cybersecurity upgrades for its MetaAssist software and embedded systems, supporting thousands of network components used in business, government, and mobile backhaul. flag The expansion of a key global installation reflects rising demand for secure network management and aligns with broader infrastructure investments by the telecom group.

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