The subsea cable, which the developers say will be the first to be laid on the Arctic seabed, will connect Europe and Japan via North America as part of the global internet infrastructure.
Far North Fiber is a joint venture between Cinia, US-based Far North Digital and Japan's Arteria Networks. NORDU net, a pan-Nordic research and education network operator, said it had signed a letter of intent with Far North Fiber to invest in one of the 12 planned pairs of fibres that will be contained inside the cable.