Mobix Labs

Mobix Labs, founded in 2020 and headquartered in Irvine, California, is a fabless semiconductor company specializing in advanced connectivity solutions for next-generation communication systems. The company develops and manufactures a range of products including mmWave 5G and C-Band wireless solutions, electromagnetic interference (EMI) filtering products, and True Xero active optical cables. Mobix Labs' technologies cater to various markets such as aerospace, defense, 5G infrastructure, high-reliability applications, satellite communications, automotive, consumer electronics, e-mobility, and healthcare.

In December 2023, Mobix Labs became a publicly traded company on Nasdaq under the ticker MOBX. The company has since pursued an aggressive growth strategy through both organic development and strategic acquisitions. In February 2024, Mobix Labs acquired EMI Solutions, a manufacturer of electromagnetic interference filtering products for military and aerospace applications. This acquisition expanded Mobix Labs' product portfolio and customer base in the high-reliability and defense sectors. In May 2024, the company completed the acquisition of RaGE Systems, a specialist in radio frequency joint design and manufacturing services, further enhancing its capabilities in 5G communications and mmWave imaging.

Mobix Labs has reported significant revenue growth in recent quarters. In the second quarter of 2024, the company announced a 302% sequential sales rise to USD 1.1 million. For the third quarter of 2024, Mobix Labs projected a revenue increase of over 70% sequentially, expecting to surpass USD 2 million in sales. The company attributes this growth to its successful acquisitions and expanding product portfolio.

Key customers and partnerships

Mobix Labs serves several high-profile customers in the defense and aerospace sectors, including BAE Systems, General Dynamics, and Lockheed Martin. The company has been awarded contracts to provide components for various military programs, including filtered connector parts for the Tomahawk Missile System, guidance system components for the Javelin Missile System, and filtered connectors for the M-1 Abrams Tank Army program.

In May 2024, Mobix Labs entered into a global distribution agreement with Arrow Electronics, a major provider of technology products and services. This partnership is expected to increase Mobix Labs' visibility and exposure to a wide range of potential customers, particularly in the defense and aerospace markets.

In June 2024, Mobix Labs announced a strategic partnership with TalkingHeads Wireless to develop cost-effective, energy-efficient 5G base station solutions. This collaboration aims to significantly reduce the power consumption of base stations, potentially cutting the energy costs of 5G towers in half.