STRIVE APR - JUN 2018 | Page 8

remote communities and on 13 vessels off the coast of Alaska. I am extremely proud of this accomplishment and what it will mean to these Alaska communities and beyond. Now, we’re onto the rest of the proj- ect. The ultimate plan is to link Europe and Asia by way of Quintillion’s U.S. Arc- tic network. Phase II will head west from Alaska to Asia to offer a critically needed diverse, redundant communication route at speeds faster than existing transmission rates, particularly for Alaska, which cur- rently lacks diverse telecommunications out of the state. Phase III will head east from Alaska connecting to Canada and on to Western Europe, offering the ability to deliver broadband capacity between the Pacific Rim and Europe. This will connect key financial centers and business sectors, significantly enhance connectivity speeds between key global financial centers, and provide needed redundant and diverse communication networks to the U.S. from the Arctic. Going forward, we expect there will be opportunities to attract outside invest- ment. Senator Dan Sullivan (R-AK) wrote in a January 2018 e-newsletter, “Recent technological investments across our state — particularly in our telecommunications industry — have the potential to turn Alaska into a global tech corridor.” I couldn’t agree more. I read with interest when Norway recently announced it will build the world’s largest data center, Kolos, located north of the Arctic Circle. According to the Kolos website, the cold climate provides natural cooling and access to renewable pow- er - significant factors in allowing the data center to operate at a 60% reduction in energy costs. The average annual tem- perature range in Utqiagvik, Alaska, on Quintillion’s network is -19° to 47°F. I’d say there are plenty of natural cooling and low-cost energy sources in this environment. Quintillion’s faster connection will be attractive to oper- ators of data centers that store and send information for online retailers, social me- dia platforms, and all those devices that connect to the internet. Our state has a favorable business environment and a vast supply of land and energy. Then there’s the global race to build cable systems through the Arctic. Future subsea cables that cross the Arctic would be well served to con- nect at an international meet-me point, potentially in the U.S. Arctic. Our system is scalable, allowing it to meet future de- mands on an almost limitless basis. Of course, there are strategic and national security implications in a world that is ever evolving and the geographic proximity over Quintillion’s infrastruc- ture to both allies and potential threats to international peace and stability. An in- creasing amount of political attention and monetary support is directed at Alaska’s Arctic, as evidenced by the 2018 National Defense Authorization Act, which directs more than $300 million to Alaska’s mis- sile-defense and national security preparedness. While the market in Alaska’s communities was beyond ready for investment in a world-class fiber optic network, we are equally excited about the prospects of expanding our net- work footprint, services and infrastructure to deliver a unique b