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DXN Limited (ASX:DXN)

ALERT: Price-sensitive ASX Announcement for DXN
Current share price for DXN : $0.130 -0.105 (-44.68%)+
Announcement
Release
1 Jul 2026 9:15AM
Price at Release
$0.235
Full Release
download
Summary
DXN Limited has secured a $1 million contract with the American Samoa Telecommunications Authority (ASTCA) to design, manufacture, and commission a Cable Landing Station (CLS) in American Samoa. This contract underscores DXN's capabilities in delivering complex prefabricated infrastructure solutions across the Pacific, specifically for telecommunications enhancements. The project aims to bolster telecommunications connectivity through the Le Vasa Cable, linking American Samoa with Fiji and French Polynesia. DXN's role will involve the delivery of a modular facility featuring critical infrastructure such as power, cooling, and fire suppression systems, with completion expected by March 2027. The initiative aligns with broader efforts to improve telecommunication resilience and strategic infrastructure in the Pacific region.
Key Points
  • DXN awarded a $1 million contract by ASTCA for CLS development.
  • Project involves design, engineering, manufacturing, and installation of the CLS.
  • The CLS is part of the Le Vasa Cable system connecting American Samoa with Fiji and French Polynesia.
  • The infrastructure includes critical systems such as power, cooling, and fire suppression.
  • Completion of the CLS is anticipated by March 2027.
  • The contract strengthens DXN's presence and credibility in the Pacific telecommunications market.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.