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ASX:DXN

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Asia

DXN Secures Over AU$4 Million Edge Data Center Contract for Melbourne Airport; Shares Jump 18%

DXN (ASX:DXN) secured a roughly AU$4.1 million contract from the operator of Melbourne Airport to supply a prefabricated Edge data center facility, according to a Wednesday filing with the Australian bourse.The company also obtained an additional AU$1.6 million variation order to an existing contract with telecommunications customer Globalstar, per the filing.Under the Melbourne Airport contract, DXN will design, manufacture, install and commission a prefabricated Edge data center facility to support information and communication technology infrastructure at the aviation and freight hub.DXN shares jumped 18% in recent Wednesday trade.

ASX:DXN
Asia

DXN Divests Hobart Data Center Unit for Up to AU$520,000; Shares Hit Five-Year High

DXN (ASX:DXN) completed the sale of its TAS01 unit, which owns and operates its Hobart-based colocation data center in Tasmania, for a total consideration of up to AU$520,000, according to a Wednesday Australian bourse filing.The consideration includes an upfront payment of AU$400,000 and a AU$120,000 earn-out.The company said the sale sharpens its strategic focus by consolidating resources around its core prefabricated modular operations, with the transaction completed on June 30, though the landlord's consent to the transfer remains outstanding, with both parties continuing to work to satisfy this remaining requirement.The company's shares rose past 2% in recent Wednesday trade and earlier hit their highest since March 2021.

ASX:DXN
Asia

DXN Awarded AU$1 Million Telecoms Infrastructure Contract

DXN (ASX:DXN) won a AU$1 million contract from the American Samoa Telecommunications Authority to design, manufacture, and commission a cable landing station, according to a Wednesday filing with the Australian bourse.Manufacturing will start immediately, and the delivery of the facility is due by March 2027, the company said.DXN shares gained 2% in recent Wednesday trade.

ASX:DXN

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