Mobix Labs (Nasdaq: MOBX) Drone Acquisition Target Vision Aerial Opens Vulcan Orders, Projects 93% Revenue Growth in 2027

Mobix Labs (Nasdaq: MOBX) Drone Acquisition Target Vision Aerial Opens Vulcan Orders, Projects 93% Revenue Growth in 2027

Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs”) today highlighted commercial progress at Vision Aerial, Inc. (“Vision Aerial”), the American drone manufacturer Mobix Labs has signed a definitive agreement to acquire. Vision Aerial announced earlier today that it has opened orders for its new Vulcan aircraft family, with management projecting approximately 46% revenue growth in 2026 followed by approximately 93% growth in 2027.

Vision Aerial's projected growth aligns with Mobix Labs' long-standing M&A strategy of acquiring differentiated technology businesses with established customers and expanding end markets. Vision Aerial customers include the U.S. Navy, L3Harris, the USDA Forest Service and major energy and utility operators.

The acquisition has not yet closed and remains subject to customary closing conditions, including approval by Mobix Labs stockholders of the issuance of shares in the transaction.

About Vision Aerial's Growth Projections

The projections are preliminary and unaudited Vision Aerial management estimates prepared on a standalone basis, are subject to change, and actual results may differ materially. Vision Aerial is privately held; its historical financial statements are expected to be included in the proxy materials for the Mobix Labs stockholder vote on the share issuance in the transaction.

Additional Information

This communication may be deemed solicitation material in connection with matters expected to be submitted to Mobix Labs stockholders for approval. Mobix Labs expects to file proxy materials with the SEC. Stockholders are urged to read those materials when available because they will contain important information regarding the proposed transaction. Additional information will be available at www.sec.gov and mobixlabs.com. Mobix Labs and certain of its directors and executive officers may be deemed participants in the solicitation; information about them is contained in Mobix Labs' Registration Statement on Form S-1, filed August 28, 2026, and additional information regarding their interests will be included in the proxy statement when available.

Forward-Looking Statements

This release contains forward-looking statements regarding Vision Aerial's projected growth, Vulcan commercialization and the proposed acquisition. Actual results may differ materially due to risks and uncertainties described in Mobix Labs' SEC filings. Forward-looking statements speak only as of the date hereof, and Mobix Labs undertakes no obligation to update them except as required by law.

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Mobix Labs Investor Relations Contacts
Chris Eddy or David Collins
Catalyst IR
mobx@catalyst-ir.com or 212-924-9800

Vision Aerial Investor Relations Contacts
Susan Roberts
Chief Marketing Officer
susan@visionaerial.com

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