This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260604386607\/en\/<\/a><\/p>\n Built in America. Trusted Where Performance Matters.<\/b><\/p>\n \nFounded in 2013, Vision Aerial designs, manufactures, and supports rugged drone systems built for the most demanding field operations. Each aircraft can carry swappable cameras and sensors\u2014from high-resolution and heat-sensing thermal cameras to laser-based 3-D mapping and gas-leak detection\u2014allowing one platform to support multiple mission profiles across demanding field operations.<\/p>\n \nVision Aerial\u2019s drones support national-security and public-safety operations, search-and-rescue, wildfire response, energy and infrastructure inspection, environmental monitoring, agriculture, and advanced aerial sensing. Its customer and end-user base includes the U.S. Air Force, the U.S. Navy, the USDA Forest Service, and L3Harris, alongside major energy and utility operators such as Marathon Oil, DTE Energy, and Northwestern Energy, and leading research universities\u2014relationships that take years to earn.<\/p>\n A Global Opportunity, Accelerating Now<\/b><\/p>\n \nGlobal demand for secure, high-performance drone systems is accelerating as governments, utilities, energy producers, public-safety agencies, and industrial operators are deploying them to protect national security interests, inspect critical assets, respond to emergencies, monitor operations, and reach places too dangerous, remote, or costly for people to access manually.<\/p>\n \nIn the United States, federal restrictions on certain foreign-made drones are speeding the shift to trusted domestic systems, and international buyers are increasingly applying similar standards around security, reliability and supply-chain integrity. Vision Aerial\u2019s American-built platform gives Mobix Labs a direct entry point into that worldwide demand\u2014where American-made technology carries a significant credibility advantage.<\/p>\n More Than Aircraft: A Platform for Aerial Intelligence<\/b><\/p>\n \nThe opportunity extends beyond the hardware. Aerial intelligence pairs drones, sensors, communications, and data to show organizations what is happening on the ground and across their critical assets in real time. Vision Aerial\u2019s drones complement Mobix Labs\u2019 strengths in advanced electronics, connectivity, RF, and sensing for aerospace, defense, and other high-reliability markets\u2014creating a clear growth path around autonomous systems, advanced sensing, mission-critical data, and critical-infrastructure protection.<\/p>\n \u201cThis is a defining move for Mobix Labs. We are moving to acquire a proven, American-built drone platform trusted by the U.S. Air Force, the U.S. Navy, and major industry customers\u2014just as demand for secure, high-performance drones accelerates around the world. Vision Aerial expands Mobix Labs into one of the most important technology markets in the world and advances the acquisition-led growth strategy we have previously communicated.\u201d <\/i>\u2014 Phil Sansone, Chief Executive Officer, Mobix Labs.<\/p>\n \u201cVision Aerial was built to serve demanding, real-world missions. Joining Mobix Labs would let us put American-made drones in the hands of far more customers at a time when demand for trusted, U.S.-built systems continues to grow.\u201d <\/i>\u2014 Shane Beams, Founder & Chief Technology Officer, Vision Aerial<\/p>\n Transaction Overview<\/b><\/p>\n \nThe parties have signed a binding Letter of Intent; transaction terms were not disclosed. Vision Aerial\u2019s founders and key leadership are expected to continue with the business under multi-year agreements, and manufacturing is expected to remain in the United States. Completion is subject to the negotiation and execution of a definitive agreement, satisfactory completion of confirmatory due diligence, and customary closing conditions and approvals. There can be no assurance that the transaction will be completed on the terms contemplated, or at all.<\/p>\n About Vision Aerial, Inc.<\/b><\/p>\n \nFounded in 2013 and headquartered in Montana, Vision Aerial, Inc. designs, manufactures, and supports mission-critical unmanned aircraft for national defense, public safety, infrastructure inspection, mapping, energy, environmental monitoring, and agriculture. Its aircraft are designed, built, and supported in the United States.<\/p>\n About Mobix Labs, Inc.<\/b><\/p>\n \nMobix Labs, Inc. (Nasdaq: MOBX) is an Irvine, California technology company delivering advanced electronics, connectivity, RF, and sensing technologies for aerospace, defense, and other high-reliability markets, with technology deployed on platforms including the F-22 Raptor, Apache helicopters, U.S. Navy programs, and Boeing 737NG and Gulfstream aircraft. More at mobixlabs.com.<\/p>\n Forward-Looking Statements<\/b><\/p>\n \nThis press release contains \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements include, but are not limited to, statements regarding the proposed acquisition of Vision Aerial, Inc. by Mobix Labs, Inc.; the anticipated structure, timing, benefits and strategic significance of the proposed transaction; the negotiation and execution of definitive agreements; the satisfaction of due diligence, closing conditions and required approvals; the expected continuation of Vision Aerial\u2019s leadership, operations and manufacturing activities; Mobix Labs\u2019 entry into, positioning within and ability to compete in the U.S. and global drone, autonomous-systems and aerial-intelligence markets; the expected demand for U.S.-built drone systems and trusted aerial platforms; the potential benefits of Vision Aerial\u2019s products, technology, customer relationships and market position; potential synergies with Mobix Labs\u2019 existing technologies and capabilities; Mobix Labs\u2019 acquisition-led growth strategy; and Mobix Labs\u2019 future opportunities, growth prospects and market positioning.<\/p>\n \nWords such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cposition,\u201d \u201cseek,\u201d \u201cshould,\u201d \u201ctarget,\u201d \u201cwill,\u201d \u201cwould,\u201d and similar expressions may identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are based on current expectations, estimates, projections, beliefs and assumptions of management and are not guarantees of future performance.<\/p>\n \nForward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. These risks include, among others, that Mobix Labs and Vision Aerial may not negotiate or execute definitive agreements; confirmatory due diligence may not be completed satisfactorily; closing conditions or required approvals may not be satisfied or obtained; the proposed transaction may be modified, delayed or not completed on the terms currently contemplated or at all; anticipated benefits, synergies, customer opportunities, market opportunities, growth opportunities or strategic advantages may not be realized; Vision Aerial\u2019s products, technology, customer relationships, financial condition, liabilities, intellectual property, supply chain, regulatory compliance or operating results may differ from current expectations; Mobix Labs may not successfully integrate Vision Aerial or retain key personnel; Mobix Labs may not successfully enter, compete in or scale within the U.S. or international drone, autonomous-systems or aerial-intelligence markets; market growth estimates may prove inaccurate; demand for U.S.-built drone systems or trusted aerial platforms may not develop as expected; regulatory developments affecting the drone industry may change; the proposed transaction or any related financing arrangements may affect existing stockholders; and the other risks described under \u201cRisk Factors\u201d in Mobix Labs\u2019 filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.<\/p>\n \nMarket data and industry estimates referenced in this press release are based on third-party sources and have not been independently verified by Mobix Labs. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. Except as required by law, Mobix Labs undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.<\/p>\n \nFollow us on X: @MobixLabs_MOBX View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260604386607\/en\/<\/a><\/span><\/p>\n Mobix Labs Investor Relations Contacts KEYWORDS:<\/b> United States North America California Montana<\/p>\n INDUSTRY KEYWORDS:<\/b> Aerospace Technology Manufacturing Drones Other Technology Other Manufacturing Military Government Technology Other Defense Defense Mobile\/Wireless<\/p>\n![\"\"](\"https:\/\/mms.businesswire.com\/media\/20260604386607\/en\/2824310\/4\/MOBX_VisionAerial_PR_image_10.jpg\")
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