Subco, a privately owned Australian company founded in 2016, provides data center infrastructure. As of 2023, it employs approximately 10 people and generates less than $10 million in annual revenue. The company's primary focus is on undersea network systems, facilitating connectivity between Australia and the Middle East, and extending to other regions.
A petition to reinstate Vion Subco MFG Ltd to the Companies Register was submitted to the Court of Session in Edinburgh on an unspecified date. Horizontal directional drilling (HDD) for Subco's SMAP project was completed at Voss Circuit Torquay by contractor UEA on an unspecified date. Further HDD work for the SMAP cable's Pre-Lay Shore End (PLSE) landing in South Australia concluded on an unspecified date, marking the first subsea cable landing in that state. On August 13, 2025, Quetzal Silverco formed an amalgamation agreement with a newly formed subsidiary, Quetzal Subco, under the British Columbia Business Corporations Act. Separately, support staff at hospitals across the county voted to potentially strike over plans to outsource 1700 jobs to a new subsidiary company.
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