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Mobix Labs ( (MOBX) ) just unveiled an update.
Mobix Labs announced on January 22, 2025, its intent to acquire SCP Manufacturing, a Nevada-based producer of key electrical components for aerospace, defense, and commercial applications. This strategic acquisition, expected to close in the second quarter of 2025, marks Mobix Labs’ second acquisition in 60 days, enhancing its market dominance and operational efficiency. The acquisition aims to bolster Mobix Labs’ portfolio by integrating SCP’s engineering capabilities, which are vital for advanced military and commercial systems, thus accelerating growth across multiple sectors.
More about Mobix Labs
Based in Irvine, California, Mobix Labs designs, develops, and sells components and systems for advanced connectivity solutions, including wireless and wired connectivity, radio frequency, and filtering technologies. These solutions are used in aerospace, defense, 5G, medical, industrial, and other high-reliability markets.
YTD Price Performance: -20.89%
Average Trading Volume: 1,328,632
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $50.75M
For an in-depth examination of MOBX stock, go to TipRanks’ Stock Analysis page.
