DXN (ASX:DXN) - CEO, Matthew Madden (right)
CEO, Matthew Madden (right)
Sourced: DXN
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  • DXN (DXN) signs a deal with Belau Submarine Cable Company (BSCC) to supply a prefabricated cable landing station (CLS) for deployment in Palau
  • The company won the $1.1 million contract in a competitive bidding process, beating out other Asia Pacific and US suppliers
  • The deal marks the company’s eleventh contract of its kind in the region
  • Shares are in the grey at 0.9 cents at 1:04 pm AEST

DXN (DXN) has signed a deal with Belau Submarine Cable Company (BSCC) to supply a prefabricated cable landing station (CLS) for deployment in Palau.

DXN is a prefabricated modular data centre specialist that designs, builds, owns and operates data centres.

Its latest contract with BSCC is reportedly worth US$779,000 (A$1.1 million) and was landed in a competitive bid process between Asia Pacific and US suppliers.

Further, this marks the company’s eleventh prefabricated modular CLS contract and includes first year annual maintenance for a 20-year deployment.

BSCC is building Palau’s second submarine connection; a spur onto the Echo Cable System.

The Echo consortium comprises a number of members with the primary owners being Google and Facebook.

Notably, DXN said Echo would be the first-ever cable to directly connect the US to Singapore with fibre pairs over an express route.

The new system also marks the first project delivered under the Trilateral Partnership for Infrastructure Investment in the Indo-Pacific between the US, Australia and Japan.

DXN CEO Matthew Madden said DXN was delighted to be selected for the deployment of BSCC’s cable landing station.

“As this will be our eleventh CLS build in the region, DXN has a growing reputation as the go-to trusted partner to build high-quality critical infrastructure for the subsea industry,” he said.

Belau Submarine Cable Company CEO Robin Russell also commented on the deal.

“BSCC went through a rigorous procurement process, finally selecting DXN for this critical national infrastructure project fo the Republic of Palau,” he said.

“The DXN team offered a high-quality, cost-effective CLS [and] we look forward to partnering with the DXN team to deliver an integrated solution on time and on budget.”

Shares were trading grey at 0.9 cents at 1:04 pm AEST.

DXN by the numbers
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