DXN Limited (ASX:DXN), a prefabricated modular data centre specialist, has entered into a binding contract valued at approximately A$4.8 million (approximately US$3.4 million) with a global internet company for the design, supply, and commissioning of a modular Cable Landing Station solution to be deployed to a Pacific region site under U.S. jurisdiction.

Key Points

  • Contract valued at approximately A$4.8 million (US$3.4 million) for a complete modular Cable Landing Station solution
  • This represents the fourth contract order from the same global internet customer
  • Manufacturing will commence immediately using DXN's Malaysian and Western Australian facilities
  • Delivery to the Pacific region site is expected in Q1 FY28

Contract Scope and Deployment Details

Under the terms of the contract, DXN will design, engineer, manufacture, and commission a complete turnkey Cable Landing Station solution. The deployment incorporates DXN's proprietary prefabricated module platform with fully integrated power, cooling, fire suppression, security, and monitoring systems. The site is located in the Pacific region under U.S. jurisdiction. DXN disclosed that manufacturing of the modules will commence immediately following contract signing, with factory acceptance testing to be completed and modules delivered to site in Q1 FY28, leveraging the company's Malaysian and Western Australian manufacturing facilities.

Fourth Repeat Order and Standardised Engineering Solutions

According to the filing, the contract represents the fourth order placed by the same global internet customer. DXN disclosed that engineering solutions have been standardised for this customer, enabling time and cost savings across design, manufacturing, supply chain, and delivery. Managing Director Shalini Lagrutta said: "With this being the fourth contract with our global internet Customer, we now have a deep relationship and understanding of the customer requirements and have been able to help standardize a solution fit for purpose for their global deployment, that is prefabricated, modular and standardized from start to finish."

Regulatory Disclosure and Customer Identification

In accordance with ASX Compliance Update No. 02/25 and Guidance Note 8, DXN confirmed it does not consider the identity of the customer to be information that a reasonable person would expect to have a material effect on the price or value of its securities. DXN also confirmed the filing contains all material information relevant to assessing the impact of the contract on the price or value of its securities and is not leading by omission. The company stated the description of the customer is sufficient to describe any market-sensitive information about the customer, including its standing and creditworthiness.