Critical Infrastructure Technologies Ltd. (CSE: CTTT) (OTC: CITLF) (FRA: X9V) has successfully completed due diligence for the 100% acquisition of a Western Australian precision manufacturing company, marking a significant step in expanding its advanced production capabilities and securing local sovereign manufacturing capacity. The acquisition, valued at AUD $7.7 million plus standard adjustments, will integrate a profitable business generating over AUD $7.4 million in revenue and AUD $1.9 million in EBITDA for FY2025, providing an immediate earnings base to support accelerated growth in defence manufacturing.
The acquired company brings state-of-the-art fabrication facilities featuring laser cutting systems, CNC folding and bending machines, robotic welding technology, and advanced CAD/CAM integration, all certified to ISO 9001, ISO 14001, and ISO 45001 standards. This vertically integrated production capacity enables CiTech to improve speed, cost efficiency, and scalability for its Nexus 20 and future autonomous communication systems. The company's DISP accreditation (Defence Industry Security Program) administered by the Australian Department of Defence allows immediate participation in classified defence programs, meeting rigorous security and governance standards required for defence supply chain partnerships.
This acquisition strategically positions CiTech to take advantage of AUKUS, the defence pact between Australia, the United Kingdom, and the United States, while reinforcing sovereign Australian manufacturing capabilities for defence, emergency response, and secure communications. The company projects revenue and EBITDA to double over the next three years, with exceptionally good forward outlook and projections for FY2026 through FY2028. The integration complements CiTech's existing international partnerships, including collaborations with Babcock International and Terma, and expands its reach across NATO's Eastern Flank through its EU presence in Latvia.
Financing discussions are well underway with Moneta Securities, a specialist capital markets advisory and corporate finance firm, while the share sale agreement is in the final stages of completion, expected within five days. The acquisition remains subject to securing required funding and standard closing conditions. This move establishes CiTech as a vertically integrated manufacturer with enhanced supply chain control, enabling faster prototyping and improved cost management for defence-grade components and assemblies. For more information about the company, visit https://www.citech.com.au.
The original release can be viewed on https://www.newmediawire.com. This acquisition represents a strategic expansion of Australia's sovereign manufacturing ecosystem, providing critical capabilities for rapid-deployment systems in an increasingly complex global defence landscape. By combining modern equipment with skilled personnel and robust quality management systems, CiTech strengthens its position as a developer of autonomous, high-capacity mobile communications and security platforms for defence, mining, border security, and emergency services sectors.
