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Hexatronic Group AB (publ) has decided to invest in a new production line for submarine fiber-optic cables, supporting its strategy of accelerating growth in an attractive market segment. The investment is a core pillar of a long-term supply agreement with NKT, a leading power cable and power cable accessories supplier to the energy sector. As part of NKT’s supply chain resilience efforts, a significant portion of the capacity is intended to support NKT under the new long-term supply framework, through 2032.
The material above is published by a third party through Nordic Defence Sector and does not constitute editorial content from the NDS newsroom.