RELATIVITY NETWORKS AND PRYSMIAN PARTNER FOR HIGH-VOLUME PRODUCTION OF NEXT-GENERATION FIBER-OPTIC CABLE FOR DATA CENTERS [Yahoo! Finance]
PRYSMIAN S.P.A. UNSP/ADR (PRYMY)
NASDAQ:AMEX Investor Relations:
prysmiangroup.com/en/investors
Company Research
Source: Yahoo! Finance
ORLANDO, Fla. and MILAN March 21, 2025 /PRNewswire/ -- Prysmian has entered into a trailblazing long-term partnership agreement with Relativity Networks, the leading at-scale provider of next-generation fiber-optic technology, for volume production of the hollow-core optical fiber and cable in demand by operators of the data centers required for the AI economy. The enormous demands for electric power to handle AI-ready data processing has created a potential bottleneck in the construction of new data centers. Relativity Networks' patent-pending hollow-core fiber (HCF) technology, together with Prysmian's best-in-class fiber-optic cables, is addressing that problem by enabling cloud-computing hyperscalers to locate data centers closer to the sources of power — whether conventional electric utilities or green-energy providers. This collaboration will see Prysmian and Relativity Networks co-manufacture fiber and cable based on Relativity Networks' HCF technology, which was developed
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- 10/3/25 - KEPLER CHEUVREUX