Mobix Labs Starts Delivery of Key Technology For Apache & Chinook Helicopters Amid Rapid Growth
~ New Revenue Expected to Fuel Ongoing Rapid Expansion Through Acquisition ~
Mobix Labs, Inc. (NASDAQ:MOBX) a global innovator and supplier of advanced connectivity solutions, is making significant strides in the defense industry, and has been selected to supply critical technology for the iconic Apache and Chinook helicopters. These military aircraft are essential to U.S. operations, and Mobix Labs is now providing key components to ensure their continued success.
Fueling Military Aviation with Key Technology
Mobix Labs is now delivering custom-designed filter connectors for the Apache helicopter, improving communication reliability and preventing interference in high-intensity environments. The company has also been selected to supply rugged military USB connectors for the Chinook helicopter, built to endure extreme conditions while ensuring secure and reliable data transfer.
These advanced components help keep military aircraft operating at peak performance, reinforcing Mobix Labs' role as a trusted provider of high-reliability technology for the multi-billion-dollar aerospace and defense sector.
Revenue Expected to Rise as Expansion Gains Momentum
With deliveries already underway, Mobix Labs expects these orders to contribute to revenue this fiscal year, strengthening its foothold in the booming defense and aerospace market. Governments and defense contractors continue to invest heavily in high-performance connectivity solutions, creating a massive opportunity for companies positioned at the forefront of the industry.
Mobix Labs is also aggressively expanding through acquisitions, announcing deals to acquire two defense-focused companies in just the last 90 days—a strong signal of its intention to accelerate revenue growth.
CEO: "Rapid Growth is No Accident"
"Our rapid growth is no accident," said Fabian Battaglia, CEO of Mobix Labs. "Winning contracts for the Apache and Chinook helicopters is a major milestone, proving our ability to deliver high-performance, mission-critical technology for the defense industry. At the same time, our aggressive acquisition strategy is fueling our expansion across multiple high-growth markets, including 5G, aerospace, military and defense sectors. Mobix Labs is in a strong position to continue scaling at a rapid pace."
About Mobix Labs, Inc.
Based in Irvine, California, Mobix Labs designs, develops and sells components and systems for advanced connectivity solutions, including wireless and wired connectivity, radio frequency ("RF"), and filtering technologies. The Company's solutions are used in aerospace, defense, 5G, medical, industrial and other high-reliability markets. The Company's True Xero active optical cables are designed to meet customer needs for high-quality active optical cable solutions at an affordable price. The Company's electromagnetic filtering products are used in military and aerospace applications. These technologies are designed for large and rapidly growing markets where there are increasing demands for higher-performance communication and filtering systems that utilize an expanding mix of both wireless and connectivity technologies. More information on the company can be found by visiting http://www.mobixlabs.com or by following us on LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about capturing additional opportunities in the future, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement, such as Mobix Labs' ability to deliver components and parts in connection with the Apache and Chinook Helicopter manufacturing programs. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and Mobix Labs undertakes no duty to update such information, except as required under applicable law.
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