Critical Infrastructure Technologies: Acquisition and Financing Update

Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) is acquiring a Western Australian precision manufacturing company for AUD $7.7 million to enhance its production capabilities and secure local manufacturing for its Nexus 20 and future products [2][3] Acquisition Details - The acquisition will add a profitable business with revenue exceeding AUD $7.4 million and EBITDA of more than AUD $1.9 million, providing a strong earnings base for growth in sovereign defense manufacturing [3] - The acquisition is nearing completion of due diligence, expected to finalize by December 19, 2025, followed by the preparation of the Share Purchase Agreement [5][9] Strategic Benefits - The acquisition will enhance CiTech's sovereign manufacturing capabilities in Australia, establishing vertically integrated production capacity that improves speed, cost efficiency, and scalability [3][4] - It provides immediate DISP accreditation, allowing CiTech to participate in classified Defense programs [3][4] - The acquisition complements CiTech's international partnerships, expanding its reach across NATO's Eastern Flank and allied markets [5] Operational Enhancements - The acquired company is certified to ISO 9001, ISO 14001, and ISO 45001 standards, featuring advanced manufacturing technologies that enable efficient production of defense-grade components [4] - Access to a skilled workforce and modern fabrication systems will facilitate faster prototyping and improved cost control for CiTech's defense and communications technologies [4] Funding and Timeline - CiTech has engaged Moneta Securities to raise up to AUD $10 million to support the acquisition and provide working capital, with a targeted settlement date of January 31, 2026 [6]