• Signed $1.6 million contract to deliver innovative StructCore Solution
• Expands DXN into new Telco market segment with Ventia as partner
• StructCore enables conversion and reuse of existing indoor space for high density data centres
• DXN on track to achieve FY25 revenue of $15.7M to $16M, a 45% increase on FY24

DXN Limited ('DXN' or 'the Company'), a prefabricated modular data centre specialist, has announced the signing of a $1.6 million contract to deliver its innovative StructCore Solution. The contract has been signed with Ventia Services Group (Ventia), who will be supporting a major Australian Telco and infrastructure owner. The final product will be deployed in an exchange that the major telco own and operate. StructCore is an engineered prefabricated data centre solution for indoor deployments in existing or brownfield sites, allowing for data-centre optimisation. The solution is precision-engineered in controlled factory conditions, then efficiently disassembled and reassembled on-site, with existing services remaining live while modernising supporting infrastructure. The build engineering allows for the structure to be secured to either the floor or ceiling and is designed with the 'grow as you go' principle for customers, differentiating the product from competitors. The StructCore Module deployment will be installed in Perth, WA, at one of the city's largest telco exchanges, with design, prefabrication and construction commencing in June 2025 and testing and delivery planned for November/December 2025. This partnership is a testament to DXN's product team's ability to solve real-world gaps in the data centre market through the telecommunications market segment. DXN has built a solid reputation across the industry in delivering complex and innovative modular solutions, which has been a key factor in this win. The momentum from recent project wins positions DXN for at least a 45% increase in revenue for FY25, with expected revenue in the range of $15.7 million to $16.0 million.

DXN is on track to achieve FY25 revenue of between $15.7 million to $16.0 million, representing at minimum, a 45% increase on FY24 revenue.