Prysmian and Molex Forge €5.5 Billion Strategic Partnership for Data Center Fiber Optic Cables
On July 20, 2026, Prysmian Group announced a landmark long-term agreement with Molex, a Koch Industries company. The deal, valued at up to €5.5 billion (approximately $6.3 billion) over a maximum of 10 years, will supply fiber optic cables for internal data center deployment. This agreement includes a €550 million ($620 million) upfront prepayment, underscoring its strategic importance.
A New Era for Data Center Connectivity
This agreement is part of a broader series of commercial arrangements between Prysmian and hyperscale enterprises as well as data center infrastructure providers. Compared to the 2025 baseline, these agreements are projected to generate over €10 billion ($11.4 billion) in incremental value by 2035, including up to €1.1 billion ($1.26 billion) in annual revenue starting from 2031.
This unprecedented growth is driven by three structural trends reshaping the industry:
- AI-Driven Architecture Transformation: AI workloads demand higher fiber density and lower latency connections within data centers.
- Structural Modernization Cycle: Legacy infrastructure upgrades for improved performance and energy efficiency.
- Fiber Density Upgrades: Next-generation data centers require significantly more fiber connections per rack, driving exponential cable demand.
Massive Capacity Expansion Underway
To support this growth, Prysmian will invest approximately €1.25 billion ($1.4 billion) by 2031 to dramatically expand optical cable and fiber production. This investment will more than double U.S. fiber production capacity, reinforcing Prysmian as one of only three fiber and cable manufacturers in the United States. In Europe, the expansion cements Prysmian's status as the sole major domestic manufacturer. The initiative will create over 1,000 new jobs globally, with 600 positions in the United States, spanning the full production chain including the glass preform stage.
Executive Perspectives
Massimo Battaini, CEO of Prysmian, described the moment as "transformational" for the company's Digital Solutions business, noting that the agreements strengthen Prysmian's leadership across the entire data center value chain — from power grids and cable solutions to long-distance digital connectivity and submarine communication deployments.
Joe Nelligan, CEO of Molex, highlighted the strategic U.S. expansion that brings increased capacity to support growing data center solution demand while maintaining quality and reliability standards.
Market Implications
This historic deal signals powerful long-term confidence in the fiber optic cable market. The unprecedented scale — along with Prysmian's commitment to double production capacity — reflects sustained demand growth driven by AI, cloud computing, and global digital transformation.
Key Deal Highlights:
| Parameter | Value |
|---|
| Maximum Duration | 10 years |
| Maximum Value | €5.5 billion (~$6.3B) |
| Upfront Prepayment | €550 million (~$620M) |
| Capacity Investment (by 2031) | €1.25 billion (~$1.4B) |
| Incremental Value by 2035 | €10+ billion (~$11.4B) |
| New Jobs Created | 1,000+ (600 in USA) |
NEW LIGHT OPTICS TECHNOLOGY LIMITED: Your Trusted Fiber Optic Manufacturing Partner
As the fiber optic market enters an era of unprecedented expansion, NEW LIGHT OPTICS TECHNOLOGY LIMITED stands ready to serve growing global demand. We are a source manufacturer specializing in a comprehensive range of fiber optic network products, including:
- Fiber Optic Cables: Indoor/outdoor, armored, ADSS, and specialty cables for data centers
- Fiber Optic Patch Cords & Pigtails: SC, LC, FC, ST, MTP/MPO in single-mode and multi-mode
- Fiber Optic Connectors & Adapters: High-precision ceramic ferrule connectors
- Fiber Optic Splitters: PLC splitters, FBT couplers for FTTx networks
- Fiber Optic Transceivers: SFP, SFP+, QSFP, and high-speed modules
- Fiber Enclosures & Distribution Frames: ODF, terminal boxes, splice closures
- FTTH Solutions: Complete fiber-to-the-home connectivity kits
With in-house manufacturing and rigorous quality control, we deliver cost-effective fiber optic solutions meeting international standards. Whether you are a data center operator, telecom provider, or infrastructure contractor, NEW LIGHT OPTICS TECHNOLOGY LIMITED is your reliable partner for all fiber network needs.
Contact Us
For inquiries about our fiber optic product portfolio, partnership opportunities, or to request a quotation, please reach out to our sales team:
Contact Person: Alice
Phone/WhatsApp: +86 13534063703
Company: NEW LIGHT OPTICS TECHNOLOGY LIMITED
As the global fiber optic market accelerates toward a multi-billion dollar future, secure your supply chain with a trusted manufacturing partner. Contact us today.
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