EXA Infrastructure and Ultranet have signed an agreement to construct a fully diverse, high-performance fibre route spanning approximately 175 km, between Milan and Genoa, an increasingly strategic landing point for subsea cables. The project also includes an extension of EXA's Genoa Metro network. The IONIAN submarine cable system is a 320km repeaterless submarine cable connecting Crotone, Italy, with Preveza, Greece. EXA's plans to invest in this region are in line with the industry's anticipated subsea cable demand.