Mobix Labs Signs LOI to Buy 2013-Founded Vision Aerial, Expanding Into Drone Intelligence
Updated
Updated · StockTitan · Jun 4
Mobix Labs Signs LOI to Buy 2013-Founded Vision Aerial, Expanding Into Drone Intelligence
3 articles · Updated · StockTitan · Jun 4
Summary
Mobix Labs signed a binding letter of intent to acquire Vision Aerial, a U.S.-built drone maker; financial terms were not disclosed and the deal still requires definitive agreements, due diligence and approvals.
Vision Aerial’s aircraft carry swappable payloads including thermal cameras, 3-D mapping sensors and gas-leak detectors, giving Mobix a ready platform for aerial intelligence rather than drone hardware alone.
Mobix said the target fits its electronics, RF, connectivity and sensing business in aerospace and defense, where its technology is already deployed on platforms including the F-22, Apache and Boeing 737NG.
Founded in 2013, Vision Aerial serves national security, public safety, wildfire response, infrastructure inspection and agriculture; its founders and key leaders are expected to stay on under multi-year agreements, with manufacturing remaining in the U.S.