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About Örn Orrason

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So far Örn Orrason has created 27 blog entries.

Connectivity between Iceland and Japan through new Pan-Arctic Fibre cable

Farice and Far North Digital (FND) have signed a memorandum of understanding for a joint marketing and sales agreement for fibre optic connectivity between Japan and Iceland.  Farice’s new IRIS submarine cable will provide connectivity between Iceland and Ireland, and FND’s new Arctic cable spans between Japan and Ireland. The parties have agreed to develop

By |2022-07-08T12:20:05+00:00July 8th, 2022|News, Press releases|Comments Off on Connectivity between Iceland and Japan through new Pan-Arctic Fibre cable

FARICE PRESS RELEASE – IRIS CABLE SYSTEM Marine installation began from Iceland on May 23rd

On Monday May 23rd SubCom’s cable installation vessel the CS Durable, landed the IRIS Subsea Telecoms Cable System successfully at Thorlakshofn beach in Iceland. The event signifies the commencement of the marine installation of the IRIS cable system that Farice has been developing since 2019. During the summer SubCom’s CS Durable will lay the cable

By |2022-05-31T11:31:23+00:00May 31st, 2022|Iris, Press releases|Comments Off on FARICE PRESS RELEASE – IRIS CABLE SYSTEM Marine installation began from Iceland on May 23rd

The Cable station for Thorlákshöfn landing site prepared in factory

Tyrone fabrication in Northern Ireland has been selected as the provider of the Cable Landing Stations (CLS) for IRIS. The houses are assembled in-house from scratch.  The station for the Thorlakshofn (í. Þorlákshöfn) landing site in Iceland will be shipped to Iceland beginning of March and will be installed 2-3 weeks later on-site.  The station

By |2022-02-17T15:13:09+00:00February 17th, 2022|Iris|Comments Off on The Cable station for Thorlákshöfn landing site prepared in factory

D9 to invest a further $93 million in Verne Global after buying the company in 2021 for £231 million in cash

Verne’s campus in Keflavik to reach 40MW. In September 2021 it was announced that D9 had bought Verne Global for £231 million in cash Digital 9 Infrastructure (D9) is to invest an additional $90 million in Icelandic data center firm Verne Global to fund further expansion. D9, managed by Triple Point Investment Management, acquired Verne

By |2022-01-12T15:19:05+00:00January 12th, 2022|News, Uncategorized|Comments Off on D9 to invest a further $93 million in Verne Global after buying the company in 2021 for £231 million in cash

The bank BNP Paribas selected Iceland because of the 100% renewable energy and cool climate

Sustainability is at the heart of modern banking operations and financial institutions are closing large in-house data centers to move to hybrid compute environments to keep their digital carbon footprint to a minimum. Iceland, with its cool climate and abundance of 100% renewable energy, has become an appealing location for hosting the world’s most valuable

By |2022-01-12T15:02:30+00:00January 12th, 2022|News|Comments Off on The bank BNP Paribas selected Iceland because of the 100% renewable energy and cool climate

Survey operations completed and Thorlakshofn selected as landing site in Iceland

On August 21st survey operations for the IRIS cable system were completed when the survey vessel Ridley Thomas ported at Reykjavík Harbour.  Ridley Thomas had spent 12 weeks surveying the second phase of the survey from the Irish EEZ to Iceland’s landing site. Iceland’s landing site was carefully selected, and several of potential options explored

By |2021-09-03T13:43:08+00:00September 1st, 2021|Iris, News, Press releases|Comments Off on Survey operations completed and Thorlakshofn selected as landing site in Iceland

Farice and SubCom announce contract-in-force for IRIS, newest undersea cable to link Iceland to Europe

IRIS will offer increased security, redundancy, wholesale capacity linking Iceland with Ireland Eatontown, NJ, USA and Reykjavik, Iceland – April 5, 2021 – SubCom and Farice ehf today announced that a contract is in force for the supply and installation of IRIS, a new high-speed undersea cable system connecting Iceland and Ireland. Farice is an

By |2021-04-07T09:39:34+00:00April 6th, 2021|Iris, News, Press releases|Comments Off on Farice and SubCom announce contract-in-force for IRIS, newest undersea cable to link Iceland to Europe

ESA approves aid for third submarine cable connecting Iceland with Europe

The EFTA Surveillance Authority (ESA) has today approved a capital increase of an estimated EUR 50 million to Farice, a state-owned provider of international telecommunications services, for the construction of the IRIS submarine cable. Iceland’s telecommunications and internet traffic is currently dependent on two submarine cables – FARICE-1 and DANICE – that connect the country

By |2021-04-07T11:35:27+00:00March 26th, 2021|Iris, News|Comments Off on ESA approves aid for third submarine cable connecting Iceland with Europe
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