Workflow
Nexus 20
icon
Search documents
Critical Infrastructure Technologies: Nexus 20 Sale to Critical Metals Corp (Nasdaq: CRML) for their Tanbreez Project in Greenland
Thenewswire· 2026-01-29 14:00
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has announced the sale of its Nexus 20 communications and surveillance platform to Critical Metals Corp for deployment at the Tanbreez Project in Greenland, marking CiTech's first international sale of this platform [2][3] Group 1: Company Overview - CiTech specializes in developing autonomous, high-capacity mobile communications and security platforms, targeting sectors such as mining, defense, and emergency services [15] - The Nexus 20 platform is designed for rapid deployment and high reliability in extreme weather conditions, making it suitable for remote and challenging environments [9][15] Group 2: Transaction Details - The Nexus 20 system will include TETRA voice/data radio systems, long-range video surveillance, point-to-multipoint communication links, satellite back-haul, and a remotely operated UAV for tenement inspection [5][6] - Delivery and deployment of the Nexus 20 to the Tanbreez Project is scheduled for May 2026 [4][5] Group 3: Project Significance - The Tanbreez Project is a significant rare earths development in southern Greenland, where the environmental and operational challenges necessitate resilient infrastructure [8][12] - The deployment of the Nexus 20 is expected to enhance operational safety and technical capability for Critical Metals Corp, providing real-time monitoring and assessment of site conditions [11][12] Group 4: Market Demand - There is a growing global demand for deployable infrastructure in the critical minerals and energy sectors, aimed at improving safety, connectivity, and operational efficiency while reducing reliance on fixed installations [9]
Critical Infrastructure Technologies Ltd. and Babcock International Group Execute an Increased Scope Memorandum of Understanding (MOU)
Thenewswire· 2025-12-18 15:00
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has expanded its collaboration with Babcock International Group to co-develop a platform integrating 5G communications and ISR capabilities for European and Southeast Asian markets [1][2] - The original MOU focused on supplying 50 Nexus 20 platforms to the Ukrainian Ministry of Defence, but the new agreement broadens the scope to include all of Europe and Southeast Asia [2] - The first Nexus 20 platform is expected to arrive in the EU in April 2026 for regional demonstrations, indicating a strong outlook for 2026 [3] Company Overview - CiTech specializes in autonomous, high-capacity mobile communications platforms, targeting sectors such as mining, defense, border security, and emergency services [5] - The company's first product, the Nexus 16, aims to provide critical mobile telecommunications using patented self-deploying technology [5] - CiTech has completed its research and development phase and is currently in the commercialization stage for its products [5] Partner Overview - Babcock International Group is a FTSE 100 defense company operating in multiple regions, including the UK, Australasia, Canada, France, and South Africa [3] - The company focuses on delivering complex support and product solutions to enhance defense capabilities and critical assets [3]
Critical Infrastructure Technologies: Acquisition and Financing Update
Thenewswire· 2025-12-11 14:00
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]
Critical Infrastructure Technologies Executes Term Sheet To Acquire State Of The Art Engineering Business With Strong Defence And Mining Connections, Western Australia
Thenewswire· 2025-10-21 12:15
Core Insights - CiTech is set to acquire 100% of a leading precision manufacturer in Western Australia, enhancing its capabilities in the defence and infrastructure sectors [1][3] - The acquisition will bolster Australia's sovereign manufacturing capacity with advanced fabrication facilities, enabling improved speed, cost control, and scalability for defence-grade systems [1][5] Financial Overview - The acquisition is expected to generate revenue exceeding AUD $7.4 million and an EBITDA of more than AUD $1.9 million by 2025, providing a strong earnings base and immediate production capabilities [2][5] - The total consideration for the acquisition is AUD $7.7 million, subject to standard net debt and working capital adjustments [4] Manufacturing Capabilities - The acquired business has over 25 years of experience in precision sheet-metal fabrication, CNC machining, and engineering solutions for various sectors, including defence and mining [6][7] - The company operates a fully equipped manufacturing facility with state-of-the-art technology, enabling the production of defence-grade components with high precision and efficiency [6][7] Strategic Importance - The acquisition provides CiTech with immediate eligibility for Defence tenders and projects requiring DISP membership, enhancing its competitive position in the defence sector [2][9] - It reinforces CiTech's commitment to building a sovereign Australian manufacturing ecosystem capable of supporting rapid-deployment systems for defence and emergency response [12] Integration and Transition - The founders of the acquired business will remain during a structured transition period to ensure operational continuity and maintain quality standards [10] - The transaction is subject to due diligence and the finalization of a Share Purchase Agreement, with completion anticipated within 90 days [11]
Critical Infrastructure Technologies Ltd. Executes a Confidentiality Agreement with Droneshield Limited to Deliver Counter-UAS Capabilities for Nexus 20
Thenewswire· 2025-09-19 13:00
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has signed a Confidentiality Agreement with DroneShield Limited to develop Counter-Unmanned Aerial Systems (C-UAS) capabilities for the Nexus 20 platform, as requested by the Ukrainian Ministry of Defence [1][4] - This agreement builds on previous collaborations with Babcock International, Nokia Solutions, and Ericsson, focusing on the integration of 4G/5G telecommunications systems for the Nexus 20 [2][4] - The Nexus 20 program aims to deliver 50 platforms to the Ukrainian Ministry of Defence, providing a fully integrated and secure system for modern defense operations [4] Company Overview - CiTech specializes in autonomous, high-capacity mobile communications platforms, targeting sectors such as mining, defense, border security, and emergency services [8] - The company is commercializing its first product, the Nexus 16, which aims to provide critical mobile telecommunications using patented self-deploying technology [8] - DroneShield Limited offers AI-enabled counter-drone systems for various platforms and serves customers in over 30 countries, including military and government sectors [6]
Critical Infrastructure Technologies Ltd. and Babcock International Group Execute a Memorandum of Understanding (MOU)
Thenewswire· 2025-09-10 12:20
Core Points - Critical Infrastructure Technologies Ltd. (CiTech) has signed a Memorandum of Understanding (MOU) with Babcock International Group to co-develop a platform for the Ukrainian Armed Forces that integrates 5G communications, ISR, and counter-UAS capabilities [1][2] - The agreement includes the supply of 50 Nexus 20 platforms, which will be delivered in a 20-foot containerized format, making them easily transportable by truck [2] - The MOU also outlines plans for a Nexus 20 assembly hub in Eastern Europe, aiming to expand opportunities across NATO's Eastern Flank [2][3] Company Overview - CiTech specializes in autonomous, high-capacity mobile communications platforms, targeting sectors such as mining, defense, border security, and emergency services [7] - The Nexus 16, CiTech's first product, aims to provide critical mobile telecommunications using patented self-deploying technology [7] - Babcock International Group is a FTSE 100 defense company operating in multiple countries, focused on enhancing defense capabilities and critical assets [4]