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The Cable station for Thorlákshöfn landing site prepared in factory

By |2022-02-17T15:13:09+00:00February 17th, 2022|Iris|

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

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

By |2022-01-12T15:19:05+00:00January 12th, 2022|News, Uncategorized|

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

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

By |2022-01-12T15:02:30+00:00January 12th, 2022|News|

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

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Survey operations completed and Thorlakshofn selected as landing site in Iceland

By |2021-09-03T13:43:08+00:00September 1st, 2021|Iris, News, Press releases|

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

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

By |2021-04-07T09:39:34+00:00April 6th, 2021|Iris, News, Press releases|

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

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ESA approves aid for third submarine cable connecting Iceland with Europe

By |2021-04-07T11:35:27+00:00March 26th, 2021|Iris, News|

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

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Seabed survey commences

By |2021-03-26T12:01:48+00:00September 14th, 2020|Uncategorized|

Seabed survey for a new submarine cable (IRIS) between Ireland (Galway) and Iceland Preparation work for a new submarine fibre cable (IRIS) from Iceland to Europe is being developed by Farice, the incumbent international connectivity provider Iceland, since early 2019. Farice is fully owned by the Icelandic Government and currently

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