Aqua Comms DAC

Aqua Comms DAC specializes in high-speed, carrier-neutral subsea connectivity solutions, catering to telecommunications carriers, cloud service providers, and enterprises across the transatlantic market. Founded in 2011 and headquartered in Dublin, Ireland, Aqua Comms DAC focuses on subsea fiber optic infrastructure. The company has successfully completed two deals, with the latest being a TRADE SALE in May 2016 that raised GBP 160. 0 mn.

CEO Jim Fagan has been instrumental in the company’s growth and direction. Aqua Comms primarily offers high-speed, carrier-neutral subsea connectivity solutions designed to meet the demands of a diverse customer base, including telecommunications carriers, cloud service providers, and enterprises. The company’s flagship products, AEC-1, AEC-2, and AEC-3, form part of a robust transatlantic network that connects the U. S.

with Ireland and the UK through a low-latency fibre optic infrastructure. These offerings leverage advanced ring-based technology, enabling high-volume data transport with configurations available in 10Gbps, 100Gbps, and 400Gbps, with future upgrades planned for 800Gbps. Aqua Comms serves key international markets, specifically the North Atlantic route, facilitating seamless interconnection points for customers across North America and Northern Europe. The company's commitment to operational excellence is reflected in its advanced cable systems, which are wholly owned and managed to provide high availability and resilience for critical telecommunications needs.

Aqua Comms generated revenue of GBP 32. 69 mn in 2021, with an EBITDA of GBP 15. 12 mn. The company generates revenue through a suite of subsea connectivity products, primarily structured as B2B agreements with telecommunications operators, cloud providers, and other enterprises.

Clients typically engage in long-term service agreements, ensuring a steady flow of income through contracted capacity on Aqua Comms’ subsea cables. The company’s flagship products, such as AEC-1 and AEC-2, may involve subscription-based pricing models tailored to specific bandwidth requirements, providing customers with flexibility in managing their data traffic. Additionally, Aqua Comms offers managed and unmanaged Dark Fibre services, allowing customers to choose the level of control they require over their connectivity solutions. This structured approach enables Aqua Comms to cater to a wide range of client needs while maintaining a consistent revenue stream.

Aqua Comms is focused on expanding its subsea network to include new routes, supported by the GBP 160. 0 mn raised during the TRADE SALE in May 2016. The investment from Cartesian Capital Group and Ireland Strategic Investment Fund will accelerate the company's plans for new geographic expansions. Specific markets targeted for expansion have not been disclosed, but the company is committed to enhancing its service offerings and infrastructure to meet growing demand.