Xtera is a company providing subsea systems and telecoms technology. It offers various services: system design, route survey and cable engineering, shore end and installation operations, testing and commissioning, maintenance and operational support, training, etc. The company supplies both unrepeatered and repeatered networks, delivering traffic between data centers and cities.

Employee Rating

3.4
TypeSubsidiary
Parent CompanyH.I.G. Capital
HQAllen, TX, US
Founded1998
Websitextera.com
Cybersecurity ratingBMore
Xtera was founded in 1998 and is headquartered in Allen, TX, US
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Key People/Management at Xtera

Keith Henderson

Keith Henderson

Founder and CEO
Jeff Kight

Jeff Kight

Chief Financial Officer
Tony Frisch

Tony Frisch

Chief Technical Officer
Leigh Frame

Leigh Frame

Chief Operating and Sales Officer
Joerg Schwartz

Joerg Schwartz

Chief Partners and Solutions Officer
Dylan Higginbotham

Dylan Higginbotham

VP of Operations
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Xtera Office Locations

Xtera has offices in Allen and Romford
Allen, TX, US (HQ)
500 W Bethany Dr #100
Romford, GB
Bates House, Church Road
Show all (2)

Xtera Financials and Metrics

Summary Metrics

Founding Date

1998

Total Funding

$82 m

Investors

In total, Xtera had raised $82 m. Xtera is a subsidiary of H.I.G. Capital

Xtera Revenue

Xtera's revenue was reported to be $58.67 m in FY, 2015 which is a 134.7% increase from the previous period.
Annual
USDFY, 2013FY, 2014FY, 2015

Revenue

31.9m25.0m58.7m

Revenue growth, %

(22%)135%
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016

Revenue

12.6m17.1m5.3m

Cost of goods sold

12.9m16.0m19.1m

Gross profit

(319.0k)1.1m(13.8m)

Gross profit Margin, %

(3%)6%(258%)
USDQ1, 2016Q2, 2016Q3, 2016

Cash

6.7m2.6m614.0k

Accounts Receivable

5.6m12.7m5.2m

Prepaid Expenses

843.0k1.1m1.1m

Inventories

10.9m13.1m11.7m
USDQ1, 2016Q2, 2016Q3, 2016

Net Income

(7.2m)(13.8m)(37.5m)

Depreciation and Amortization

715.0k1.5m2.3m

Inventories

(1.5m)(4.3m)(6.7m)

Accounts Payable

(1.3m)686.0k11.8m
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Xtera Operating Metrics

FY, 2015

Patents Issued

180

Xtera Revenue Breakdown

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Xtera revenue breakdown by business segment: 100.0% from Services

Xtera revenue breakdown by geographic segment: 100.0% from Products

Xtera Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Xtera Online and Social Media Presence

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Xtera Blogs

Under the Hood of Submarine Repeaters

To get a better understanding of the actual aging characteristics of the pump lasers in real operating conditions, Xtera equipped its repeaters with a range of sensors and linked them to its supervisory system. Here are results from two installations. With the introduction of erbium-doped fiber ampl…

Xtera Announces Supply Contract In-Force for the New GigNet-1 Subsea Cable System Between Florida and Cancun, Mexico

 Allen, Texas – May 5, 2021 – Xtera, Inc., a provider of innovative subsea fiber optic solutions, is pleased to announce that the Engineering, Procurement, and Construction (EPC) contract is now in force for the GigNet-1 subsea system between Florida and Cancun, Mexico. The GigNet-1 cable has been d…

Xtera to serve as primary EPC contractor for new submarine cable between Florida and Cancun

“GigNet-1” will be the first new fiber optic cable in over 20 years specifically designed to meet exploding Internet demand in the Mexican Caribbean CHICAGO–(BUSINESS WIRE)–FB Submarine Partners, LLC, a privately owned developer of international telecommunications projects announced today a 1,200 ki…

Construction launch of submarine fibre cable between Norway and UK

ALLEN, TEXAS – February 21, 2020 Altibox Carrier and Xtera announced today that they had started construction of a new repeater-based cable system between Norway and UK. Xtera is a provider of novel subsea fibre optic solutions. With a capacity... The post Construction launch of submarine fibre cabl…

Xtera® Granted Final Acceptance for the DISA Submarine Cable System

ALLEN, TEXAS – April 9, 2019 – Xtera®, a provider of innovative subsea fiber optic solutions, announces Final Acceptance on the submarine cable system for the Defense Information Systems Agency (DISA), an agency of the U.S. Department of Defense (DoD).... The post Xtera® Granted Final Acceptance for…

Xtera and UCL demonstrate a record 74.38 Tbit/s per fiber transmission over transoceanic distances

ALLEN, DALLAS and LONDON – February 28, 2019 – Xtera®, a provider of innovative subsea fiber optic technology, today demonstrates the benefits of its advanced and novel approach to subsea line design by transmitting 74.38 Tbit/s over a transatlantic distance on Single... The post Xtera and UCL demon…
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Xtera Frequently Asked Questions

  • When was Xtera founded?

    Xtera was founded in 1998.

  • Who are Xtera key executives?

    Xtera's key executives are Keith Henderson, Jeff Kight and Tony Frisch.

  • How many employees does Xtera have?

    Xtera has 92 employees.

  • What is Xtera revenue?

    Latest Xtera annual revenue is $58.7 m.

  • What is Xtera revenue per employee?

    Latest Xtera revenue per employee is $637.7 k.

  • Who are Xtera competitors?

    Competitors of Xtera include SBC Communications, Flexoptix and AbleComm.

  • Where is Xtera headquarters?

    Xtera headquarters is located at 500 W Bethany Dr #100, Allen.

  • Where are Xtera offices?

    Xtera has offices in Allen and Romford.

  • How many offices does Xtera have?

    Xtera has 2 offices.