\nThe definitive agreement moves the transaction beyond the previously announced letter of intent and represents a major step toward closing an acquisition that would expand Mobix Labs into one of the world\u2019s most important technology growth markets: secure drones, autonomous aerial systems and aerial intelligence for national security, critical infrastructure, energy, public safety, industrial inspection and government operations.<\/p>\n
\nVision Aerial\u2019s customers and end-users include the U.S. Air Force, U.S. Navy, government agencies, energy and utility operators, research institutions and other organizations requiring performance, reliability and trusted supply chains. Its drones support national security and public-safety operations, search-and-rescue, wildfire response, energy and infrastructure inspection, environmental monitoring, agriculture, industrial mapping and advanced aerial sensing.<\/p>\n
A Defining Step in Mobix Labs\u2019 Drone Expansion<\/b><\/p>\n
\nThe definitive agreement advances Mobix Labs\u2019 National Security Matters Initiative<\/a> by moving the Company closer to building a broader drone and aerial-intelligence platform that combines Vision Aerial\u2019s U.S.-built drone systems with Mobix Labs\u2019 RF, sensing, communications and national-security technologies. Key strategic drivers include:<\/p>\n American-Built Drones for National Security and Critical Missions<\/b><\/p>\n \nFounded in 2013 and headquartered in Montana, Vision Aerial designs and manufactures rugged drone systems built for demanding field operations. Its aircraft can carry interchangeable cameras and sensors\u2014including high-resolution imaging, thermal imaging, LiDAR, optical gas imaging, multispectral sensing and precision mapping technologies\u2014allowing one platform to support multiple mission profiles across real-world operations.<\/p>\n \nVision Aerial gives Mobix Labs a U.S.-built aerial platforms at a time when governments, defense organizations, utilities, energy producers, public safety agencies and industrial operators are rapidly adopting drones to inspect critical assets, protect infrastructure, collect mission-critical data and reach locations that are dangerous, remote or costly for people to access manually.<\/p>\n Global Demand for Trusted Drone Systems Is Expanding<\/b><\/p>\n \nGrand View Research estimated the U.S. drone market at $29.3 billion in 2025 and projected it to reach $58.5 billion by 2033. Mobix Labs believes the opportunity is broader than the U.S. market alone, as customers worldwide increasingly prioritize security, reliability, supply-chain integrity and field performance when selecting aerial systems.<\/p>\n \nIn the United States, federal procurement priorities increasingly favor secure domestic drone platforms. Internationally, governments and enterprises are placing greater emphasis on trusted aerial systems for infrastructure protection, public safety, energy operations, industrial inspection and defense-adjacent missions.<\/p>\n More Than Drones: Aerial Intelligence<\/b><\/p>\n \nThe opportunity extends beyond aircraft. Aerial intelligence combines drones, sensors, communications and data to help organizations understand what is happening across physical assets, infrastructure, terrain and operating environments in real time.<\/p>\n \nBy combining Vision Aerial\u2019s drone platforms with Mobix Labs\u2019 RF, sensing, connectivity, aerospace and defense-electronics capabilities, Mobix Labs is building toward a broader platform for autonomous systems, mission-critical aerial data, critical-infrastructure protection and next-generation intelligence.<\/p>\n \n\u201cThis definitive agreement is a significant milestone for Mobix Labs and our National Security Matters Initiative,\u201d said Phil Sansone<\/a>, CEO of Mobix Labs. \u201cVision Aerial brings a U.S.-built drone platforms, customer credibility across national-security and critical-infrastructure markets, and real-world applications that align directly with Mobix Labs\u2019 strategy. This transaction moves us closer to closing an acquisition that can accelerate our entry into global drone and aerial intelligence markets.\u201d<\/p>\n \nSansone continued, \u201cDrones are becoming mission-critical systems for protecting infrastructure, improving safety, monitoring assets and supporting national-security priorities. By combining Vision Aerial\u2019s drone platforms with Mobix Labs\u2019 RF, sensing, communications and defense-electronics capabilities, we believe Mobix Labs can build a powerful platform for long-term growth in global aerial intelligence markets.\u201d<\/p>\n \n\u201cVision Aerial aircraft were built to serve demanding, real-world missions,\u201d said Shane Beams<\/a>, Founder and Chief Technology Officer of Vision Aerial. \u201cJoining Mobix Labs will give our team greater scale, resources and reach while preserving the U.S.-based manufacturing and mission-driven culture that made Vision Aerial valuable to its customers.\u201d<\/p>\n Transaction Terms<\/b><\/p>\n \nUnder the definitive agreement, Mobix Labs plans to acquire Vision Aerial for aggregate consideration of approximately $15 million, payable in a combination of cash and Mobix Labs common stock. The transaction is expected to close this quarter, subject to customary closing conditions, including shareholder approval.<\/p>\n \nUpon closing, Mobix Labs expects to integrate Vision Aerial into its expanding autonomous systems business while retaining Vision Aerial\u2019s key leadership and U.S.-based manufacturing operations.<\/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, communications and other high-reliability markets.<\/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, consideration, timing, benefits and strategic significance of the transaction; the expected closing of the transaction; the expected financing of the transaction; the satisfaction of any financing condition; the receipt of any required stockholder approval; 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; expected demand for U.S.-built drone systems and trusted aerial platforms; 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 National Security Matters Initiative and 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 the parties may not complete the transaction on the terms currently contemplated or at all; closing conditions or required approvals may not be satisfied or obtained; Mobix Labs may be unable to obtain financing for the transaction on acceptable terms, in a timely manner, or at all; any financing condition to the transaction may not be satisfied; required stockholder approval may not be obtained; the transaction may be modified, delayed or terminated; 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 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 issuance of Mobix Labs common stock in connection with the transaction or related financing activities may dilute 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 View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260724062689\/en\/<\/a><\/span><\/p>\n MOBX Investor Relations Contacts Follow us on X: https:\/\/x.com\/MobixLabs_MOBX Vision Aerial Media Contact\n
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Chris Eddy or David Collins
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Catalyst IR
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mobx@catalyst-ir.com<\/a> or 212-924-9800<\/p>\n
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Follow on StockTwits: https:\/\/stocktwits.com\/MobixLabs
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Follow us on LinkedIn: Mobix Labs<\/a><\/p>\n
\n<\/b>
Susan Roberts
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Susan@VisionAerial.com
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(406) 282-1894<\/p>\n