Mobix Labs Inc. announced a mid-quarter business update on June 10, 2024, projecting a substantial revenue increase of over 70% sequentially to more than $2 million. The growth is largely attributed to the successful acquisition of RaGE Systems, which has significantly bolstered the company's revenue.CEO Fabian Battaglia reported that the company is tracking well to its scalable growth plan and laying foundational elements to execute its strategy. Mobix Labs is experiencing an increased number of opportunities for both components and systems product lines and pursuing sizable platform design wins.As a fabless semiconductor company, Mobix Labs specializes in advanced wireless and wired connectivity solutions for next-generation communication systems. The company serves aerospace, defense, 5G, medical, industrial, and other high-reliability markets, focusing on mmWave radar, imaging, EMI solutions, optical cables, and high-frequency 5G wireless solutions.

Mobix Labs Inc. announced a mid-quarter business update on June 10, 2024, projecting a substantial revenue increase of over 70% sequentially to more than $2 million. The growth is largely attributed to the successful acquisition of RaGE Systems, which has significantly bolstered the company's revenue.CEO Fabian Battaglia reported that the company is tracking well to its scalable growth plan and laying foundational elements to execute its strategy. Mobix Labs is experiencing an increased number of opportunities for both components and systems product lines and pursuing sizable platform design wins.As a fabless semiconductor company, Mobix Labs specializes in advanced wireless and wired connectivity solutions for next-generation communication systems. The company serves aerospace, defense, 5G, medical, industrial, and other high-reliability markets, focusing on mmWave radar, imaging, EMI solutions, optical cables, and high-frequency 5G wireless solutions.