Mobix Labs, Inc. (NASDAQ:MOBX) said Tuesday it has received a production purchase order for components used in the U.S. Navy’s Tomahawk cruise missile program, underscoring its role as a supplier to active defense platforms.
The order covers high-reliability filtering components designed to reduce electromagnetic interference within the missile’s onboard electronic systems. According to the company, the purchase reflects increased procurement activity tied to ongoing missile production.
“This order reflects active, ongoing production demand within an operational U.S. Navy weapons platform,” said Phil Sansone, CEO of Mobix Labs. “We are already integrated into the Tomahawk program, and as production volumes increase, demand for our proven high-reliability filtering component increases alongside it.”
Financial terms of the order were not disclosed. Mobix Labs currently has a market capitalization of approximately $18.24 million, with shares down 83% over the past year to around $0.18.
The Tomahawk is a long-range precision strike missile deployed from U.S. Navy ships and submarines. Mobix Labs supplies components across multiple U.S. military programs.
Expansion Plans in Defense and Aerospace
The company said it is actively evaluating acquisition opportunities to broaden its footprint in defense, aerospace and military markets. Management is targeting complementary technologies and products aligned with its focus on mission-critical, high-reliability electronic components.
Mobix Labs specializes in connectivity and electronic solutions engineered for demanding operating environments. Over the past 12 months, the company generated $8.62 million in revenue with a gross margin of 45%. According to InvestingPro’s Fair Value analysis, the stock may be trading below intrinsic value at current levels.
FAA Certification and Strategic Discussions
In separate developments, Mobix Labs recently obtained Federal Aviation Administration (FAA) certification for its drone-based airborne sensing platform, a regulatory milestone that enables expanded commercial operations and field deployments. The system, developed by its Wireless Division, RaGE Systems, is currently undergoing pilot programs focused on infrastructure inspection across rail, utility and industrial sectors.
The company also disclosed that it is in discussions with Peraso, Inc. regarding a potential strategic transaction following the signing of a mutual confidentiality agreement. The proposed deal, structured as an all-stock transaction, could be priced at a premium to Peraso’s current market value.
Additionally, Mobix Labs announced plans to conduct a public offering of common stock, with D. Boral Capital acting as sole placement agent. Proceeds are expected to be used for working capital and general corporate purposes.
The recent moves highlight Mobix Labs’ broader strategy to strengthen its competitive position and expand its operational capabilities in high-performance technology markets.