Mobix Labs Starts Delivery of Key Technology For Apache & Chinook Helicopters Amid Rapid Growth
29 January 2025 - 11:00PM
Business Wire
~ 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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version on businesswire.com: https://www.businesswire.com/news/home/20250129729422/en/
Media Contact: Christopher Lancaster
clancaster@mobixlabs.com
Investor Contact: Christopher Lancaster
clancaster@mobixlabs.com
http://www.mobixlabs.com LinkedIn.
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