CiTech acquires Western Australian engineering firm to strengthen sovereign manufacturing for defence and mining sectors, boosting revenue and scaling Nexus platformCiTech acquires Western Australian engineering firm to strengthen sovereign manufacturing for defence and mining sectors, boosting revenue and scaling Nexus platform

Critical Infrastructure Technologies Secures Financing for Australian Manufacturing Acquisition

2026/04/14 22:20
2 min read
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Critical Infrastructure Technologies Ltd. has received finance approval for the debt component needed to acquire a Western Australian precision engineering and manufacturing company, marking a significant step in establishing sovereign manufacturing capability in Australia. The acquisition, valued at AUD $7,700,000, will vertically integrate production of the company’s Nexus communications platforms and future defense technologies while providing immediate revenue and earnings contributions.

The transaction adds a profitable business with AUD $7.5 million in revenue for FY2025 and projected growth to AUD $8.6 million for FY2026, with EBITDA expected to increase from AUD $1.9 million to AUD $2.2 million over the same period. Company projections indicate revenue and EBITDA could double within the next two to three years, creating a stronger financial foundation for scaling operations. The acquisition structure includes AUD $5,775,000 payable at completion, with two additional payments of AUD $962,500 on the first and second anniversaries, plus assumption of approximately AUD $2.08 million in net working capital adjustments.

Strategic benefits include immediate sovereign manufacturing capability in Western Australia, vertical integration of fabrication and engineering operations, faster prototyping and production of Nexus platforms, and access to skilled workforce and advanced infrastructure. This enhanced capability will support increasing demand from international defense, mining, and critical infrastructure markets. The financing structure combines 50% debt funding from an Australian bank, approved through facilitation by Iridium Private, with 50% equity funding from a private placement launching shortly.

Chief Executive Officer Brenton Scott emphasized the acquisition’s importance in CiTech’s growth strategy, noting it provides immediate revenue while delivering manufacturing capability required to scale production. ‘Importantly, it strengthens sovereign Australian defense manufacturing capability and positions CiTech to participate in major allied supply chains,’ Scott stated. The acquisition remains subject only to closing the private placement and standard closing conditions, with completion expected before April 30, 2026. The company’s Nexus platform aims to provide critical mobile telecommunications for mining, defense, border security, and emergency services sectors using patented self-deploying technology. More information about the company’s technology and operations is available at https://www.citech.com.au.

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