Mobix Labs, a leader in advanced connectivity solutions, announced a substantial revenue increase of over 70% sequentially this quarter, surpassing $2 million. Keyvan Samini, President and CFO of Mobix Labs, commented, "This remarkable growth stems largely from our successful acquisition of RaGE Systems, which has significantly bolstered our revenue. Looking ahead, we anticipate further growth in our market presence and revenue, driven by strategic acquisitions and robust product sales.”
Mobix Labs is a fabless semiconductor company focused on developing highly innovative RF and Mixed Signal components and solutions for simplifying the development and maximizing the performance of existing and next generation wireless products. They are working to establish themself as the go to leader of RF, Mixed Signal, Antenna components and solutions for the sub-8GHz 5GNR, Wi-Fi 6E, SATCOM and emerging mmWave 5G, 6G, Terahertz markets and beyond.
“We are tracking well to our scalable growth plan as we lay the foundational elements necessary to execute our strategy,” said Fabian Battaglia, CEO of Mobix Labs. “We are also pleased with the increased number of opportunities for both components and systems product lines and pursuing sizable platform design wins.”
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