Contract signed for A$4.6m modular data centre deployment

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Stock DXN Ltd (DXN.ASX)
Release Time 2 Jun 2025, 9:32 a.m.
Price Sensitive Yes
 DXN signs A$4.6m contract for modular data centre deployment
Key Points
  • DXN to deliver three prefabricated modular data centre units to Globalstar
  • Contract highlights DXN's technical strength, customisation capability, and proven delivery
  • Supports DXN's expansion into global satellite communications sector
Full Summary

DXN Limited ('DXN' or 'the Company'), a specialist in prefabricated modular data centre solutions, has announced the signing of a A$4.6 million contract with Globalstar Inc (Globalstar) to deliver three high-specification modular data centre units for deployment in Maui, Hawaii, by the end of 2025. DXN was selected for the contract after a competitive procurement process, demonstrating its superior customisation capabilities and track record of delivering high-quality modular infrastructure across government, defence, telco, and satellite industries. The contract marks a significant milestone in DXN's strategic expansion into high-growth sectors such as satellite communications and aerospace, reinforcing the company's position as a leading provider of mission-critical modular infrastructure for high-demand and remote environments. Shalini Lagrutta, Managing Director and CEO of DXN, commented that the contract with Globalstar highlights the company's exceptional technical strength, innovative customisation capabilities, and growing relevance in the global satellite and aerospace infrastructure sector. The win affirms DXN's unique value in delivering mission-critical infrastructure and supports the company's scale-up strategy, strengthening its global delivery capabilities and delivering exceptional outcomes for its customers.

Outlook

The contract with Globalstar is a significant achievement for DXN, highlighting the company's growing relevance in the global satellite and aerospace infrastructure sector. The win reflects DXN's exceptional technical strength and innovative customisation capabilities, and underpins the momentum the company is building as it expands into new high-growth sectors such as aerospace, satellite communications, and AI-enabled infrastructure.