Mobix Labs Fortifies Defense & Aerospace Supply Chain with SCP Manufacturing Acquisition

Generated by AI AgentWesley Park
Wednesday, Jan 22, 2025 10:50 am ET2min read
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Mobix Labs, Inc. (Nasdaq: MOBX), a global leader in advanced connectivity solutions, has made a strategic move to bolster its position in the defense and aerospace sectors with the acquisition of SCP Manufacturing. This marks the company's second strategic acquisition in just 60 days, following the November 2024 agreement to acquire Spacecraft Components. The acquisition of SCP Manufacturing is expected to close in Q2 2025 and will be financed through a mix of cash and equity with earnout provisions, subject to final due diligence and board approvals.

SCP Manufacturing is a Nevada-based producer of mission-critical electrical components for aerospace, defense, and commercial applications. The company's products enable Spacecraft Components to supply critical components for the U.S. Army's Patriot Missile defense platform, submarines, naval ships, oil rigs, railcars, and major metropolitan transit systems. This acquisition not only strengthens Mobix Labs' portfolio but also creates unparalleled synergies, enabling streamlined operations and accelerating its growth trajectory across multiple sectors.



Transaction Details
The acquisition will be financed through a mix of cash and equity with earnout provisions, subject to final due diligence and board approvals. Details will be finalized closer to the expected closing date in the second quarter-2025.

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. More information on the company can be found by visiting 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 close the Spacecraft Components and SCP Manufacturing acquisitions pursuant to the terms of any agreement entered into by and between the parties, deliver parts or to develop technology in connection with the systems provided by SCP Manufacturing and Spacecraft Components to its customers. 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.


Table: Mobix Labs' Revenue and Earnings Impact from SCP Manufacturing Acquisition
This table shows the expected impact of the SCP Manufacturing acquisition on Mobix Labs' revenue and earnings, highlighting the potential for material growth in fiscal year 2025.


The acquisition of SCP Manufacturing positions Mobix Labs as a market leader in the global defense and aerospace market, with significant growth opportunities in these sectors. By consolidating its supply chain and gaining access to critical technologies, Mobix Labs can enhance its position in high-margin defense contracts, diversify its product offerings, and capitalize on growth opportunities in high-growth industries. The strategic acquisition of SCP Manufacturing by Mobix Labs strengthens the company's supply chain resilience and independence in the defense and aerospace sectors, enabling it to better manage its supply chain, reduce potential disruptions, and improve its ability to respond to changing market demands and customer needs in these industries.

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