Critical Infrastructure Technologies Secures Financing for Strategic Australian Manufacturing Acquisition

Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTC: CITLF) (FRA: X9V) has received finance approval for the debt component of its acquisition of a Western Australian precision engineering and manufacturing company, marking a significant advancement in establishing sovereign manufacturing capability in Australia. The AUD $7,700,000 acquisition provides immediate revenue and EBITDA contributions while vertically integrating production capabilities for the company's Nexus autonomous communications platforms. This strategic move positions CiTech to better serve defense, mining, and critical infrastructure markets with enhanced manufacturing capacity.

The acquisition target reported AUD $7.5 million in revenue for FY2025 with AUD $1.9 million in EBITDA, with projections for FY2026 reaching AUD $8.6 million in revenue and AUD $2.2 million in EBITDA. The company expects revenue and EBITDA to double within the next 2–3 years, creating immediate financial benefits while supporting long-term growth objectives. The transaction structure includes AUD $5,775,000 payable on completion, with two additional payments of AUD $962,500 on the first and second anniversaries of completion, plus assumed net working capital adjustments estimated at approximately AUD $2.08 million.

Strategic benefits of this acquisition include immediate sovereign manufacturing capability in Western Australia, vertical integration of fabrication and engineering operations, faster prototyping and production of Nexus platforms, access to a highly skilled workforce, and enhanced capability to support defense, mining and critical infrastructure customers. This strengthened manufacturing foundation will allow CiTech to accelerate production of its Nexus autonomous communications platforms, which are designed to support radio equipment including LTE and various technological payloads such as surveillance and anti-drone systems. The company's self-deploying platform addresses limitations of current rapidly deployable communication solutions, particularly tower strength and rapid deployment capabilities.

Financing for the acquisition combines 50% debt funding from an Australian bank, which has been approved and was facilitated by Iridium Private, with 50% equity funding through a private placement launching shortly. Brenton Scott, Chief Executive Officer of Critical Infrastructure Technologies, emphasized that receiving debt approval represents a significant milestone in finalizing the acquisition. "Being able to settle the acquisition represents a significant step in CiTech's growth strategy," Scott stated. "This acquisition provides immediate revenue and earnings while delivering the manufacturing capability required to scale production of our Nexus platforms and support increasing international demand."

The acquisition remains subject to closing the private placement and standard closing conditions, with completion expected prior to April 30, 2026. This transaction strengthens sovereign Australian defense manufacturing capability and positions CiTech to participate in major allied supply chains, particularly as demand increases from international defense, mining and infrastructure markets. The company's focus on autonomous, high-capacity mobile communications and security platforms targets sectors including mining, defense, border security, surveillance, and emergency services through products like the Nexus 16, which provides critical mobile telecommunications for such applications. Additional information about the company is available at https://www.citech.com.au.