Mobix Labs Secures $3.2 Million Order for Technology Used in TSA Airport Security Scanners

Mobix Labs Secures $3.2 Million Order for Technology Used in TSA Airport Security Scanners

Aeromax Expands Portfolio with Acquisition of The Ely Co.

Aeromax Industries (“Aeromax”), a diversified provider of commercial and military aerospace aftermarket services, has announced the acquisition of The Ely Co., Inc. (“Ely”), marking a significant milestone in its growth journey. This transaction represents the first acquisition completed by Aeromax since its own acquisition by Chimney Rock Equity Partners, LLC, signaling the beginning of a structured expansion strategy under its new ownership. While the financial details of the deal remain undisclosed, the strategic importance of the acquisition is evident in its potential to strengthen Aeromax’s manufacturing capabilities Mobix Labs Secures $3.2 Million Order for Technology Used in TSA Airport Security Scanners and broaden its service offerings across the aerospace aftermarket sector.

Strengthening Precision Manufacturing Capabilities

Ely, headquartered in Torrance, California, is widely recognized for its expertise in producing tight-tolerance metallic components used in both commercial and military aerospace applications. The company specializes in precision machining processes such as milling, turning, and complex Mobix Labs Secures $3.2 Million Order for Technology Used in TSA Airport Security Scanners component assembly, all of which are critical to meeting the demanding standards of aerospace manufacturing. Ely’s ability to consistently deliver high-quality components has earned it a strong reputation among leading aerospace companies, including blue-chip customers that require strict adherence to quality, reliability, and performance standards.

The integration of Ely into Aeromax’s operations significantly enhances the latter’s manufacturing capabilities, enabling it to provide more comprehensive and technically advanced solutions to its global customer base. This acquisition complements Aeromax’s existing service portfolio, which includes maintenance, repair, and overhaul (MRO), manufacturing, and distribution services. By incorporating Ely’s specialized expertise, Aeromax is better positioned to address the evolving needs of the aerospace industry Mobix Labs Secures $3.2 Million Order for Technology Used in TSA Airport Security Scanners while maintaining its commitment to operational excellence and customer satisfaction.

A Legacy of Excellence in Aerospace

Founded in 1955, Ely has a long and distinguished history in the Southern California aerospace industry. Since 1964, the company has been owned and operated by the Senff family, whose leadership has been instrumental in building Ely’s reputation as a trusted provider of precision-engineered components. Over the decades, Ely has established strong relationships with major aerospace manufacturers, both domestically and internationally, reflecting its ability to consistently meet the high standards required by the industry.

Ely’s longevity and success can be attributed to its commitment to quality, innovation, and adaptability. The company has continuously evolved to meet changing market demands while maintaining its core values and dedication to excellence. This strong foundation makes Ely a valuable addition to Aeromax’s platform, providing a proven track record of performance and reliability that aligns with Aeromax’s strategic objectives.

Continuity of Leadership and Expertise

As part of the acquisition, Kurt and Wally Senff will continue to Mobix Labs Secures $3.2 Million Order for Technology Used in TSA Airport Security Scanners lead Ely, ensuring continuity in leadership and preserving the company’s deep industry expertise. Their ongoing involvement is expected to play a crucial role in maintaining operational stability and facilitating a seamless integration into Aeromax’s broader organizational structure. The decision to retain the existing leadership team highlights Aeromax’s commitment to building upon Ely’s established strengths rather than disrupting its successful operations.

By combining the Senff family’s decades of experience with Aeromax’s resources and global reach, the partnership is well-positioned to drive future growth and innovation. This continuity also ensures that Ely’s long-standing customer relationships and organizational culture remain intact, providing a solid foundation for continued success in the aerospace market.

Strategic Vision from Aeromax Leadership

Sean Khosrovani, President and Chief Operating Officer of Aeromax, emphasized the strategic importance of the acquisition in advancing the company’s long-term growth plans. He Mobix Labs Secures $3.2 Million Order for Technology Used in TSA Airport Security Scanners noted that Ely’s precision metallic production capabilities are a valuable addition to Aeromax’s portfolio, supporting its objective of expanding and investing in advanced manufacturing technologies.

Khosrovani expressed confidence that the combined strengths of Aeromax and Ely will enable the organization to deliver enhanced value to customers through improved quality, reliability, and on-time delivery. He also highlighted the significance of welcoming Kurt and Wally Senff to the Aeromax team, recognizing their leadership and expertise as critical factors in the success of the integration and the future growth of the business.

Ely Leadership on the Next Chapter

Wally and Kurt Senff shared their perspective on the acquisition, expressing pride in the legacy that Ely has built over more than six decades of family leadership. They conveyed their Mobix Labs Secures $3.2 Million Order for Technology Used in TSA Airport Security Scanners enthusiasm for continuing to lead the company as part of Aeromax, viewing the partnership as an opportunity to enter a new phase of growth and development.

The collaboration with Aeromax provides Ely with access to a broader customer base and additional resources, enabling further investment in its capabilities and workforce. The Senffs emphasized that this partnership will allow Ely to expand its operations while maintaining its commitment to delivering high-quality products and exceptional customer service.

Role of Financial Advisory Support

JANAS Associates served as the financial advisor to the seller in this transaction, providing expert guidance throughout the acquisition process. Their involvement Mobix Labs Secures $3.2 Million Order for Technology Used in TSA Airport Security Scanners ensured that the deal was structured effectively, aligning the interests of all parties and facilitating a successful outcome.

Enhancing Aeromax’s Market Position

The acquisition of Ely strengthens Aeromax’s competitive position within the aerospace aftermarket industry by adding specialized machining capabilities to its portfolio. This expansion enables the company to offer a more comprehensive range of services, addressing the diverse needs of its global customer base. Aeromax’s operations, which span multiple locations including Florida, Texas, and California, provide a strong foundation for delivering integrated solutions to customers worldwide.

By incorporating Ely’s capabilities, Aeromax enhances its ability to provide end-to-end support across manufacturing, MRO, and distribution services. This integrated approach is increasingly important in the aerospace sector, where customers seek reliable partners capable of delivering comprehensive solutions that improve efficiency and reduce complexity.

Growth Strategy Under Chimney Rock Ownership

The acquisition reflects the broader investment strategy of Chimney Mobix Labs Secures $3.2 Million Order for Technology Used in TSA Airport Security Scanners Rock Equity Partners, which focuses on creating value through targeted investments in the industrial sector. By supporting Aeromax’s expansion initiatives, Chimney Rock aims to build a scalable platform that can deliver sustained growth and operational excellence over the long term.

Chimney Rock’s buy-and-build strategy involves identifying and acquiring complementary businesses that enhance capabilities and expand market reach. The addition of Ely aligns with this approach, providing Aeromax with a strong foundation for further growth in the aerospace and defense markets. This strategy not only strengthens Aeromax’s position but also creates opportunities for additional acquisitions that can drive continued expansion.

Opportunities for Future Expansion

With Ely now integrated into its portfolio, Aeromax is well-positioned Mobix Labs Secures $3.2 Million Order for Technology Used in TSA Airport Security Scanners to pursue new growth opportunities within the aerospace industry. The company can leverage Ely’s expertise to expand its manufacturing capabilities, develop new customer relationships, and explore emerging market segments. This acquisition also creates opportunities for cross-functional collaboration, enabling Aeromax to optimize its operations and deliver greater value to its customers.

By combining resources and expertise, Aeromax can enhance efficiency, Mobix Labs Secures $3.2 Million Order for Technology Used in TSA Airport Security Scanners improve service delivery, and strengthen its competitive position in the global aerospace market. The integration of Ely serves as a catalyst for innovation and growth, supporting Aeromax’s long-term vision of becoming a leading provider of aerospace aftermarket solutions.

About Aeromax

Aeromax Industries is a leading provider of diversified aftermarket solutions for the commercial and military aerospace sectors. The company offers a comprehensive range of services, including maintenance, repair, and overhaul, manufacturing, and distribution. With operations in key locations across the United States, Aeromax supports customers worldwide with integrated solutions designed to meet the complex demands of the aerospace industry. The company’s commitment to quality, reliability, and customer satisfaction has established it as a trusted partner for aerospace organizations seeking Mobix Labs Secures $3.2 Million Order for Technology Used in TSA Airport Security Scanners dependable aftermarket support.

About The Ely Co.

The Ely Co., Inc., based in Torrance, California, is a specialized provider of complex-shaped machined components and assemblies for the aerospace market. The company’s expertise in precision machining, combined with its long-standing relationships with leading aerospace customers, has positioned it as a key player in the industry. Ely’s focus on delivering high-quality products and maintaining strong customer partnerships has been central to its success over the decades, making it a valuable addition to Aeromax’s expanding platform.

About Chimney Rock Equity Partners

Chimney Rock Equity Partners is a private equity firm focused on investing in the North American lower middle market industrial sector. The firm targets opportunities in aerospace and defense, industrial products and services, and niche markets where it can create value through strategic acquisitions and operational improvements. By partnering with management teams and implementing carefully planned growth strategies, Chimney Rock aims to build scalable businesses that deliver sustainable value over the long term.

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