System Completion Marks Arrival of High-Bandwidth Regional and International Connectivity for KwajaleinANNAPOLIS, MD; ANCHORAGE, AK and MORRISTOWN, NJ - March 29, 2010 --
Hannon Armstrong Capital, LLC, Truestone, LLC and TE SubCom, an industry pioneer in undersea communications technology, today announced they have completed construction and commissioning of the HANTRU1 Cable System. The system, which connects Kwajalein in the Republic of the Marshall Islands to Guam, will provide regional and international connectivity in the previously underserved Pacific region, via undersea fiber connections.
“We’re very pleased with TE SubCom’s successful and on time implementation of the HANTRU1 system,” said Scott Foster, Hannon Armstrong. “After many years of planning, it’s a delight to see the project come to fruition and provide critical services to its customers.”
HANTRU1 stretches 2,917 kilometers and provides 20 Gbps installed capacity on two fiber pairs, with an ultimate capacity of 160 Gbps. In addition to connecting Kwajalein to Guam, HANTRU1 also supports separate cable systems for Majuro, Republic of the Marshall Islands and Pohnpei, Federated States of Micronesia.
“We very much appreciate the collaborative effort of all of our partners over the past several years to bring the state-of-the-art system to completion,” said Jack Littley, President of Truestone.
HANTRU1 is owned by Hannon Armstrong Capital, LLC and operated by Truestone, LLC.
“SubCom is pleased to have completed the construction of HANTRU1 according to schedule,” said Jim Olson, Director Global System Sales, TE SubCom. “The advanced technology we deployed in the system will undoubtedly help foster growth in the region well into the future.”
About Hannon Armstrong Capital, LLC
Hannon Armstrong finances infrastructure technology upgrades by providing capital to companies and governments that are solving the critical issues of today. A new generation of technologies is updating and replacing fragile and aging infrastructure across the world in energy, water, information technology and telecommunication systems. These conversions are an important part of an overall solution to address climate change, sustainability, national security and global competitiveness. Over nearly three decades, Hannon Armstrong has built a solid reputation for offering innovative finance solutions that encourage progressive investments in new technologies. With a head office in Annapolis, MD and support offices in San Francisco and San Diego, Hannon Armstrong serves a national client base of primarily Fortune 100 companies. Hannon Armstrong has a seasoned, experienced team of finance professionals committed to creating, funding and managing sound transactions that make a positive contribution to the nation’s economic and environmental health.
For more information visit www.hannonarmstrong.com.
About Truestone, LLC
Truestone is a subsidiary of Qivliq LLC, a NANA company. Truestone delivers enterprise IT and mission operations solutions to the federal government—serving defense, law enforcement and civilian agencies. Founded in 2003, Truestone employs over 300 people focused on IT, systems integration, mission operations and project support.
For more information, visit www.truestonefed.com.
About TE SubCom
Tyco Electronics Subsea Communications (TE SubCom) is an industry pioneer in undersea communications technology and marine services and a leading global supplier for today's undersea communications requirements.
Drawing on its heritage of technical innovation and industry recognized performance, the company delivers the most reliable, high-quality solutions to organizations with undersea communications needs vital to their core mission. In more than five decades of operation, TE SubCom has designed, manufactured, and installed more than 100 undersea fiber optic systems around the world. TE SubCom’s global presence, backed by industry leading research and development laboratories, manufacturing facilities, installation and maintenance ships, depots, and management team work together to implement integrated solutions and network upgrades, with unsurpassed reliability, that support the needs of telecommunications, internet providers, offshore and science customers worldwide.
For more information visit www.subcom.com.
Hannon Armstrong Capital
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