Graham acquires Xdot Bearing assets; adds foil bearing tech for high-speed rotating machines

GRAHAM CORP

Acquired certain assets of Xdot Bearing Technologies, a foil bearing consulting and design firm.
Founder Dr. Erik Swanson joins Graham subsidiary Barber-Nichols upon closing.
Xdot has ~$1M in annual sales; expected to be slightly accretive to FY2026 GAAP net income.
Technology complements BN's turbomachinery; aims to expand into aerospace, defense, and energy transition markets.

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