Critical Infrastructure Technologies Advances Acquisition of Western Australian Precision Manufacturer to Strengthen Sovereign Defense Capabilities

Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTC: CITLF) (FRA: X9V) is progressing toward acquiring 100% of a Western Australian precision manufacturing company to expand its advanced production capabilities and secure local sovereign manufacturing capacity for its Nexus 20 and future product lines. The acquisition, valued at AUD $7.7 million plus standard adjustments, will add a profitable business with revenue exceeding AUD $7.4 million and EBITDA of more than AUD $1.9 million, providing a robust earnings base to support accelerated growth in sovereign defense manufacturing.

The strategic acquisition brings several critical advantages to CiTech's operations. The target company operates a fully equipped in-house manufacturing facility certified to ISO 9001, ISO 14001, and ISO 45001 standards, featuring state-of-the-art laser cutting systems, CNC folding and bending machines, robotic welding technology, and advanced CAD/CAM integration. This combination of modern equipment, skilled personnel, and a robust quality management system enables production of defense-grade components and assemblies with precision, repeatability, and efficiency.

Perhaps most significantly, the acquired business has achieved DISP accreditation (Defence Industry Security Program), a critical credential administered by the Australian Department of Defence. This accreditation ensures companies meet rigorous security, governance, and information protection standards required to work with Defence and its supply chain partners, providing CiTech with immediate access to classified defense programs. The acquisition reinforces CiTech's commitment to building a sovereign Australian manufacturing ecosystem capable of supporting rapid-deployment systems for defense, emergency response, and secure communications.

The integration will establish vertically integrated production capacity, improving speed, cost efficiency, and scalability for CiTech's autonomous communication systems. This complements CiTech's growing network of international partnerships, including collaborations with Babcock International, Terma, and the establishment of an EU presence in Latvia, further expanding its reach across NATO's Eastern Flank and allied markets. The acquisition provides direct access to a highly skilled workforce and modern fabrication systems, enabling faster prototyping, improved cost control, and scalable manufacturing for defense and communications technologies.

Due diligence is progressing well and is expected to be completed by December 19, 2025. Upon satisfactory completion, the parties will immediately move to prepare and finalise the Share Purchase Agreement. The acquisition remains subject to completion of due diligence, finalisation of the SPA, securing required funding, and standard closing conditions. To support these requirements, CiTech has engaged Moneta Securities to raise up to AUD $10 million, which will be used to settle the acquisition and provide working capital. Moneta Securities is a specialist capital markets advisory and corporate finance firm providing strategic fundraising services, with more information available at https://www.monetasecurities.com.

The targeted settlement date for the acquisition is January 31, 2026. This move represents a significant step in strengthening Australia's sovereign manufacturing capabilities in the defense sector while positioning CiTech for expanded production of its autonomous, high-capacity mobile communications and security platforms. The company's broader operations and technology portfolio can be explored at https://www.citech.com.au, where information about their self-deploying platform and Nexus product lines is available.