Mobix Labs Secures Follow-On Order Exceeding $1 Million for Threat-Detection Sensor Subsystems
Mobix Labs Secures Follow-On Order Exceeding $1 Million for Threat-Detection Sensor Subsystems
Multi-unit production order from a leading security-technology provider supports a next-generation screening platform for a U.S. government program
Mobix Labs, Inc. (Nasdaq: MOBX), a U.S.-based supplier of advanced connectivity and sensing solutions for national security, today announced that it has received a multi-unit follow-on production order in excess of $1 million for advanced RF sensing subsystems from a leading security-technology provider. The order, placed with the company’s RaGE Systems division , supports a U.S. government security program focused on detecting concealed threats.
The Mobix Labs units are self-contained sensing subsystems that serve as the “eyes” of the customer’s next-generation threat-detection platform. Multiple units are integrated into each platform, where they capture the raw sensor data the customer’s detection software uses to identify concealed metallic and non-metallic threats. This order follows previous production orders and reflects growing worldwide demand for advanced threat-detection platforms, in which these sensors are a critical component.
“This is exactly the kind of win RaGE Systems was built to deliver,” said Phil Sansone, Chief Executive Officer of Mobix Labs. “A demanding customer trusted us to design a complex sensing subsystem; we proved it out, and now they have come back with a production order in excess of $1 million. Every one of these units will help protect people and critical assets, and because multiple units go into every system our customer fields, we see this as the continuation of a long-term production relationship rather than a one-time order.”
The subsystems are designed and manufactured in the United States, drawing on Mobix Labs’ expertise in wideband RF receivers, transmitters, and multi-function assemblies for defense and security applications.
Demand for advanced threat-detection technology continues to grow as government and commercial security operators seek faster, more accurate detection with fewer false alarms across a wide range of secure environments.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable federal securities laws. Forward-looking statements include, among other things, statements regarding Mobix Labs’ expectations concerning the production and delivery of units under the order described herein, the potential for recurring or follow-on production orders, the customer’s next-generation platform and the timing of its qualification and deployment, future demand for advanced threat-detection technology, and the Company’s ability to expand its security, defense and mission-critical electronics business.
Forward-looking statements are based on current expectations, estimates, forecasts and assumptions and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, changes in customer demand or production schedules; the timing, size, modification or cancellation of customer orders; the absence of any assurance that this order will result in future orders; the customer’s ability to qualify, certify and deploy its systems; changes to platform designs or component requirements; loss of qualification or supplier status; customer concentration; competitive pressures; supply-chain constraints; manufacturing disruptions; the availability and cost of components and materials; general economic and security-industry conditions; government spending priorities and budget decisions; and the other risks and uncertainties described in Mobix Labs’ filings with the U.S. Securities and Exchange Commission, including under the heading “Risk Factors.”
Forward-looking statements speak only as of the date they are made. Mobix Labs undertakes no obligation to publicly update or revise any forward-looking statement to reflect subsequent events, circumstances or changes in expectations, except as required by law.
About Mobix Labs, Inc.
Mobix Labs, Inc. (Nasdaq: MOBX) is a U.S.-based provider of advanced electronic components and connectivity solutions for aerospace, defense, communications and other mission-critical applications. Through its operating subsidiaries, including EMI Solutions and RaGE Systems, Mobix Labs provides technologies supporting commercial aerospace, military and other high-reliability applications. For more information, visit www.mobixlabs.com .
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Investor Relations Contact
Mobix Labs Investor Relations Contacts
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