EXA Infrastructure announces EXA Meridian, its ninth transatlantic cable

First transatlantic cable built by a single operator in a decade expands EXA Infrastructure’s transatlantic core as demand for fibre-pair capacity accelerates

EXA Infrastructure announces EXA Meridian, its ninth transatlantic cable

First transatlantic cable built by a single operator in a decade expands EXA Infrastructure’s transatlantic core as demand for fibre-pair capacity accelerates

EXA Meridian, the ninth transatlantic cable

London, UK 16th September 2026 - EXA Infrastructure, one of the largest dedicated digital infrastructure platforms throughout Europe, today announced the launch of EXA Meridian, a new 6,552 km transatlantic subsea cable between New Jersey, U.S., and Brean, UK. Scheduled to be ready for service in 2029, EXA Meridian will become the ninth transatlantic cable in EXA Infrastructure’s portfolio, adding significant new capacity and route diversity between North America and Europe, two of the world’s largest digital markets. It will also be the first transatlantic cable built by a single operator in a decade.

Built for fibre-pair demand

Demand for transatlantic infrastructure is growing as AI, cloud and distributed data center architectures generate more traffic between North America and Europe. At the same time, the largest capacity buyers are increasingly procuring spectrum and complete fibre pairs rather than individual wavelengths. EXA Meridian is purpose-built for this market shift. Designed with 24 fibre pairs, EXA Meridian delivers over 500 Tbps of scalable, long-term capacity for Hyperscalers, Neoclouds, financial institutions, government and research organisations.

Contract in Force with Xtera

The project has now reached Contract in Force (CIF) with subsea telecommunications specialist Xtera, marking a significant milestone in its development.

The agreement follows extensive planning and early engagement with the supply chain, drawing on EXA Infrastructure’s team experience in delivering complex subsea systems. Xtera will act as a key supplier to the project, which is being led and delivered by EXA Infrastructure, leaders in delivery of wholesale transatlantic capacity.

Connected into EXA Infrastructure’s owned network

Unlike a standalone subsea cable, EXA Meridian will connect directly into EXA Infrastructure’s existing owned network. A new cable landing station in Brean, will connect the system through diverse terrestrial routes to Slough and EXA Infrastructure’s wider pan-European backbone. This integration into the wider platform will give customers an enhanced network mesh with multiple options for moving large volumes of data between North America and European regions, with greater choice over routes, resilience, and geographic diversity.

Comment from Jim Fagan, CEO at EXA Infrastructure

“Demand across the Atlantic is changing quickly. The largest customers are increasingly planning in spectrum and fibre pairs, and the capacity they will need towards the end of the decade has to be built now,” said Jim Fagan, CEO at EXA Infrastructure. “With a Ready For Service (RFS) date set for 2029, EXA Meridian will be the only cable with sufficient capacity to satisfy these large-scale demands.
“We have consistently committed to investing to meet strong demand. That means understanding where the market is going, securing the capital to act early and having the experience to execute when the opportunity arrives. By integrating EXA Meridian directly into infrastructure we own and operate across Europe, we can give customers greater route choice, resilience and accountability. It demonstrates the discipline behind our investment strategy and our confidence in continuing to build as commercial demand requires.”

Anchor customers and delivery

EXA Meridian is already supported by significant anchor customer commitments, including leading Neocloud and Hyperscale players, providing strong commercial backing for the investment alongside tier-one suppliers secured to support project delivery. The system is targeted to be ready for service in Q4 2029.

Frequently asked questions

Who is EXA Infrastructure?

We own and operate 180,000 route km of fibre and duct across 31 countries, with nine transatlantic cable systems connecting Europe and North America. Backed by I Squared Capital, and run as a pure-play infrastructure company, independent of any hyperscaler or cloud.

What does EXA Infrastructure sell?

Dark Fibre, Spectrum, Wavelengths and Ethernet on routes we own, a Managed Fibre Network (MFN) where we run the network on your behalf, colocation at cable landing stations and amplifier sites, and technical services from design and build to full network outsourcing.

Where does the network reach?

Across Europe and the Atlantic: terrestrial routes from the Nordics to the Mediterranean and the Balkans, nine transatlantic systems into North America, and corridors extending east toward the Caucasus.

Who does EXA Infrastructure serve?

Hyperscalers, NeoClouds and content platforms, carriers and service providers, financial markets, and governments and critical infrastructure operators: organisations that want the physical layer on their own terms.

How do you buy from EXA Infrastructure?

Long-term IRUs to hold capacity outright, flexible leases without the long commitment, or fully managed services. The model is yours to pick; the network is the same either way.

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