M&A
confidence high
sentiment positive
materiality 0.80
Mobix Labs to acquire Spacecraft Components for $18M-$24M; expected to close Q1 2025
MOBIX LABS, INC
- Non-binding LOI to buy Spacecraft, a Nevada-based supplier of high-precision components for aerospace, defense, and transport.
- Purchase price $18M-$24M in cash and equity with earnout; subject to due diligence and board approvals.
- Spacecraft had unaudited revenue of $18.1M in 2023, positive earnings and cash flow; acquisition expected to be accretive.
- Deal expected to add ~150 employees and materially increase Mobix Labs' FY 2025 revenue.
- Spacecraft's components used in Patriot Missile, railcars in Chicago/NY, and military aircraft.