Ceragon Lands Over $10M in Q2 Private Network Orders, Extending Reach Across Public Safety, Utilities, and Smart Cities
CRNT sits 18% above its 52-week low of $1.82.
Summary
Ceragon reported over $10 million in Q2 private network bookings, with projects across public safety, utilities, and smart cities, adding to recent large contract wins and highlighting momentum in its strategic growth segment.
Key Events · Earnings and Guidance · CRNT
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Q2 Private Network Bookings Exceed $10M
Ceragon secured over $10 million in private network orders in Q2 2026, spanning public safety, utilities, and smart cities, demonstrating growing demand for mission-critical wireless networking.
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Diverse Customer Wins Across Sectors
Projects include Clermont County NG9-1-1, a Pacific Northwest P25 public safety network, a Latin American metro emergency system, a U.S. electric utility FDIR deployment, a utility cooperative modernization, and a California municipality public Wi-Fi network.
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Strategic Growth in Private Networks
The bookings reinforce Ceragon's expansion beyond traditional mobile operators, targeting critical infrastructure operators modernizing communications for automation, real-time visibility, and operational continuity.
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Cumulative Order Momentum
This announcement follows a $70 million Tier-1 APAC deal on July 21 and a $3.4 million Mexico contract on July 15, indicating accelerating order intake and pipeline conversion.
Analysis · CRNT · Manufacturing
Ceragon disclosed over $10 million in private network bookings for Q2 2026, spanning public safety, utilities, and smart cities. The announcement comes just two days after a $70 million Tier-1 APAC deal and follows a $3.4 million Mexico contract earlier this month, reinforcing a pattern of accelerating order momentum. While the dollar amount is modest relative to the company's $204 million market cap, the private network segment is a strategic growth area, and these wins demonstrate diversification beyond traditional mobile operator customers. The cumulative bookings signal strengthening demand and pipeline conversion, which could support revenue growth and improve investor sentiment.
At the time of this filing, CRNT was trading at $2.15 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $204.5M. The 52-week trading range was $1.82 to $3.29. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.