Exhibit 99.1 Actelis Networks Reports Fiscal Full Year 2023 Results FREMONT, Calif., March 26, 2024 — Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, hybrid-fiber rapid deployment networking solutions for wide area IoT applications, today reported financial results for the fiscal full year 2023 ended December 31, 2023. Key Highlights: ● Strategic shift to IoT sales: Total revenue was $5.6 million for the full year 2023, compared to$8.8 million in the p ...