New cable ambitions
The Pan-Arctic Cable took shape when European companies and research organizations joined forces with a Greenland telecom operator to sign an agreement on developing the project in 2025, according to Submarine Cable Networks.
Since that time, the project has received European Union backing through the Connecting Europe Facility Digital program. The European Union has already invested $119 million (107 million euros) to “advance Greenland’s secure and sovereign connectivity” along with funding the Pan-Arctic Cable plan, according to the new European Commission policy document on Europe’s Arctic strategy.
But the goal of eventually extending the undersea cable to Japan and South Korea by way of Canada faces
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