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Critical Infrastructure Technologies: Acquisition and Financing Update
Thenewswire· 2025-12-11 14:00
Vancouver, BC – TheNewswire - December 11, 2025 – Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTC: CITLF) (FRA: X9V) (“CiTech” or the “Company”)  Key Highlights Nearing completion of the due diligence for the 100% acquisition of a leading Western Australian precision manufacturer with strong defence and industrial connections Acquisition adds state-of-the-art fabrication facilities, strengthening sovereign manufacturing capability in Australia Establishes vertically integrated production capaci ...
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]