Prefabricated modular data centre specialist, DXN Limited (DXN or the Company), is pleased to announce that it has signed contracts to supply four cable landing stations for a total contract value of ~A$5.7m (~US$3.8m) for the East Micronesia Cable System (EMCS).
The contracting parties are FSM Telecommunications Cable Corporation (Federated States of Micronesia), Nauru Fibre Cable Corporation (Republic of Nauru) and BwebwerikiNET Limited (Republic of Kiribati); with the projects funded by Australia (through the Australian Infrastructure Financing Facility for the Pacific), the United States and Japan.
Including this contract, DXN’s has secured A$8.7m in sales of modular manufacturing which will be delivered over CY24 and into CY25.
DXN’s CEO Shalini Lagrutta said, “DXN is delighted to be selected by the EMCS countries to deploy their cable landing stations. DXN has a growing reputation of being the go-to trusted partner to provide quality, secure and reliable data centre infrastructure for the subsea cable industry.”
“This is DXN’s largest contract to date and is testament to the DXN team on its submissions and the care taken with our customers to ensure they receive the best solutions for deployment of cable landing stations in remote locations.”
“We are pleased to be working with the EMCS project team and the local people of the islands on this project which is of national importance and life-changing for so many people.”
DXN will commence design, prefabrication, and construction of the four cable landing stations in
DXN’s factory in Perth, with invoicing based on billing milestone payments, and an expected delivery of all solutions by March 2025.
For further information: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02805400-3A642223
