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Join SPX Communication Technologies (TCI|ECS) at IDEX 2025 from 17–21 February at the ADNEC Center, Abu Dhabi – you will find us in the ADS UK Pavilion!

As a leader in COMINT, Counter-UAS, and Tactical Data Links, we are excited to showcase our cutting-edge defence solutions that address evolving threats within the RF spectrum.

Innovative Defence Solutions on Display!

The SPX Communication Technologies platform continues to mature its capabilities with the TCI and ECS product range to address customer problems and evolving threats within the RF spectrum.

At IDEX 2025, we will be presenting our advanced Counter-UAS solutions, C-RCIED Inhibitors, Spectrum Monitoring Systems, and Secure Tactical Data Links. Our technologies empower governments, law enforcement, and military forces worldwide with next-generation capabilities for RF detection, measurement, and tactical data transmission.

BLACKTALON Ecosystem: Scalable Counter-UAS Solution:

The BLACKTALON Ecosystem is an advanced, scalable Counter-Unmanned Aerial System (C-UAS) solution designed to detect, track, and defeat hostile drones, surveillance threats, and insurgent UAVs. Whether combating state actors, nuisance drone enthusiasts, or military threats, BLACKTALON provides a comprehensive defence system.

Tactical Data Links

• Secure Tactical Data Links: Since 1992, we have delivered long-range, low-latency Tactical Data Links for airborne ISR, providing secure COFDM protocols, military-grade encryption, and reliable data transmission in harsh RF environments.

Spectrum Monitoring

• Spectrum Monitoring Systems: TCI’s solutions allow users to monitor, analyse, and manage the RF spectrum, ensuring ITU compliance and superior geolocation capabilities through Angle of Arrival (AOA), Time Difference of Arrival (TDOA), and hybrid systems.

Meet Us at IDEX 2025

We invite you to visit our booth in the UK Pavilion to discuss your unique requirements and explore how SPX Communication Technologies can support your mission. Our team is ready to showcase TCI and ECS solutions, offering highly engineered Tactical Data Links Communication Intelligence, C-UAS & C-RCIED Inhibitors, and RF Spectrum Monitoring capabilities.

📍 Schedule a Meeting: Connect with us at IDEX 2025 to learn more about our latest technologies and how we can enhance your defence capabilities: Contact Us Here

We look forward to seeing you in Abu Dhabi!

Accelerates Growth Strategy of Communications Technologies Platform;
Highly Complementary Technology and Growth Markets

CHARLOTTE, N.C., Jan. 27, 2025 (GLOBE NEWSWIRE) — SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) announced today that it has completed the acquisition of Kranze Technology Solutions, Inc. (“KTS”), a leader in digital interoperability and tactical networking solutions. KTS is now a part of SPX Technologies’ Communication Technologies (“CommTech”) platform, within its Detection & Measurement segment. KTS is anticipated to be modestly accretive to adjusted earnings per share from continuing operations in 2025. Management plans to provide 2025 guidance including the impact of KTS on February 25, 2025, when SPX Technologies reports Q4 2024 results.

“We are excited to welcome the KTS team to the SPX Technologies family,” said Gene Lowe, President and CEO of SPX Technologies. “This transaction significantly scales our position in Communication Technologies and expands our value creation opportunities in highly complementary growth markets across our global customer base. KTS’s advanced digital interoperability technology and strong position in U.S. defense platforms are an excellent fit with SPX’s existing tactical datalinks, communications intelligence, and radio frequency (RF) countermeasure offerings.”

Richard Kranze, co-founder of KTS commented, “We are delighted for KTS to be joining SPX Technologies’ CommTech team. Bringing together SPX’s expertise and resources with KTS’s strong technology and customer relationships creates numerous growth opportunities for employees, customers, and shareholders. I look forward to helping the SPX Technologies team to build an even stronger, more valuable platform.”

About KTS: Founded in 2008, KTS is a leading provider of digital interoperability and tactical networking solutions that drive superior situational awareness, interoperability, and increased survivability across multiple platforms and domains.

About SPX Technologies, Inc: SPX Technologies is a supplier of highly engineered products and technologies, holding leadership positions in the HVAC and detection and measurement markets. Based in Charlotte, North Carolina, SPX Technologies has more than 4,100 employees in 15 countries. SPX Technologies is listed on the New York Stock Exchange under the ticker symbol “SPXC.” For more information, please visit www.spx.com.

Non-GAAP Financial Information: This press release refers to adjusted earnings per share from continuing operations (or, adjusted EPS) which is not financial measures as determined in accordance with accounting principles generally accepted in the United States (“GAAP”). This non-GAAP financial measure does not provide investors with an accurate measure of, and should not be used as a substitute for, the comparable financial measure under GAAP. Our non-GAAP financial guidance excludes items, which would be included in our GAAP financial measures, that we do not consider indicative of our on-going performance. These items include, but are not limited to, acquisition costs, costs associated with dispositions, and potential non-cash income or expense items associated with changes in market interest rates and actuarial or other data related to our pension and postretirement plans, as the ultimate aggregate amounts associated with these items are out of our control and/or cannot be reasonably predicted. Accordingly, any reconciliation of our non-GAAP financial guidance to the most comparable GAAP financial measures is not practicable.

Forward Looking Statements: Statements in this press release with respect to the future impact of the acquisition of KTS are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. Please read these results in conjunction with the Company’s documents filed with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. These filings identify important risk factors and other uncertainties that could cause actual results to differ from those contained in the forward-looking statements, including the following: changes and specific industry events in KTS’s markets; availability, limitations or cost increases of raw materials and/or commodities that cannot be recovered in product pricing; the impact of competition on profit margins and KTS’s ability to maintain or increase market share; inadequate performance by third-party suppliers and subcontractors for outsourced products, components and services and other supply-chain risks; cyber-security risks; risks with respect to the protection of intellectual property; defects or errors in current or planned products; the impact of pandemics and governmental and other actions taken in response; domestic economic, governmental, political and business developments adversely affecting KTS’s Company’s business, including regulatory changes; changes in applicable economic conditions, including as a result of geopolitical conflicts; uncertainties with respect to the successful integration of KTS and achieving cost savings or other benefits from the acquisition; potential labor disputes; and extreme weather conditions and natural and other disasters. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct.

Statements in this press release speak only as of the date of this press release, and SPX disclaims any responsibility to update or revise such statements, except as required by law.

Investor and Media Contacts:
Paul Clegg, Vice President, Investor Relations and Communications
Phone: 980-474-3806
E-mail: spx.investor@spx.com

Source: SPX Technologies

Source: SPX Technologies

The field of avionics has witnessed remarkable advancements over the past year, bringing significant improvements to safety, workload management, accessibility, and situational awareness. These innovations have been especially impactful in the special missions sector, benefiting operations like search and rescue (SAR), aerial firefighting, police aviation, and air ambulance services.

As a result, more platforms are becoming certified to carry the latest technologies. These include new breakthroughs and enhanced versions of existing systems, many of which are designed for easy implementation. Software updates can often be performed seamlessly, and hardware installations have been streamlined to minimise complexity. These trends are helping operators enhance their capabilities with minimal disruption.

One area that has seen particularly exciting developments is communications. Reliable, secure data links are critical for mission success, but they have traditionally been out of reach for smaller operators and organisations with tight budgets. Recognising this challenge, SPX Communication Technologies has introduced a game-changing solution: the Evenlode Lite video downlink system.

What is Evenlode Lite?

Evenlode Lite is the latest addition to SPX Communication Technologies’ renowned Evenlode family of data link systems. This entry-level solution is specifically designed to make high-quality airborne surveillance and ISR (Intelligence, Surveillance, and Reconnaissance) capabilities accessible to a broader range of operators.

The Evenlode Lite system includes:

• Air Data Terminal: Installed on airborne platforms to capture and transmit critical data.
• Ground Data Terminal: Used by ground teams to receive and interpret real-time transmissions.

With Evenlode Lite, operators can transmit secure, real-time data, including:

• 4K Video: High-definition imagery for unparalleled situational awareness.
• Audio: Clear communication between teams.
• GPS and Telemetry Data: Accurate location tracking and system monitoring.

This robust functionality ensures that airborne platforms can relay essential information to static or mobile ground teams seamlessly.

Breaking Down Barriers

Unlike more complex and costly data link systems, Evenlode Lite offers a streamlined design that lowers the barrier to entry. This is particularly beneficial for:

• Smaller Organisations: Those new to airborne surveillance can now access professional-grade technology without the high upfront costs typically associated with such systems.
• Budget-Conscious Operators: Evenlode Lite provides a cost-effective way to upgrade existing ISR capabilities.

The simplicity of the system’s design also ensures ease of use, allowing operators to focus on their missions rather than grappling with complicated technology.

Why Evenlode Lite Matters

The launch of Evenlode Lite represents a significant step forward in democratising access to advanced communication technologies. By bridging the gap between performance and affordability, SPX Communication Technologies is empowering more operators to enhance their operations, improve situational awareness, and ultimately achieve mission success.

Learn More

To explore SPX Communication Technologies’ full range of data link capabilities, including the Evenlode Lite system, visit Secure Tactical Data Links – SPX Communication Technologies or contact the team directly at sales@enterprisecontrol.co.uk.

With innovations like Evenlode Lite, the future of airborne surveillance and ISR operations is more inclusive, efficient, and effective than ever before.

Further Strengthens and Scales Communications Technologies Platform;
Significant Installed Base and Attractive Pipeline of Growth Opportunities

SPX Technologies Announces Agreement to Purchase Kranze Technology Solutions (“KTS”)
Further Strengthens and Scales Communications Technologies Platform;
Significant Installed Base and Attractive Pipeline of Growth Opportunities

CHARLOTTE, N.C., Dec. 23, 2024 (GLOBE NEWSWIRE) — SPX Technologies (NYSE:SPXC) announced today that it has entered into a definitive agreement to purchase Kranze Technology Solutions, Inc. (“KTS”), a leader in digital interoperability and tactical networking solutions. Upon closing, KTS will become a part of SPX Technologies’ Communication Technologies (“CommTech”) platform, within its Detection & Measurement segment.

Headquartered in Des Plaines, Illinois, KTS has developed a strong reputation for advanced digital interoperability and tactical networking solutions which integrate and distribute real-time information across multiple communications domains and platforms to enhance situational awareness, coordination, and tactical execution during operations. KTS has built trusted relationships with customers, particularly with the US Marine Corps, equipping KTS’ products on numerous marquee platforms.

Under the terms of the agreement, SPX Technologies will purchase KTS and certain significant tax attributes for approximately $350 million in cash. KTS is anticipated to generate revenue of approximately $90 million for the full year 2025, with a segment income margin and revenue growth rate that are both modestly above the Detection & Measurement segment average.

The parties anticipate the closing of the transaction in the first quarter of 2025, subject to regulatory clearance under the Hart-Scott-Rodino Act. SPX Technologies intends to finance the acquisition by drawing on its revolving credit facility. After the interest cost of financing, the acquisition is anticipated to be modestly accretive to SPX’s adjusted earnings per share in 2025.

“We are looking forward to welcoming KTS to the SPX Technologies team,” said Gene Lowe, President and CEO of SPX Technologies. “Along with our TCI and ECS businesses, KTS is an excellent fit with our existing CommTech platform within our Detection & Measurement segment. KTS’ differentiated digital interoperability solutions are highly complementary to our existing tactical datalinks and radio frequency (RF) countermeasure offerings and bring significant and further growth opportunities to our business.”

Mr. Lowe continued, “KTS further strengthens and complements our long-term customer relationships and geographic footprint and brings a significant installed base, and secure long-term positions within growing, long-lifecycle US military platforms that rely on their highly differentiated technology. The Company has a strong pipeline of growth opportunities in the US and the strategically important Asia Pacific region.”

Mr. Lowe further commented, “This will be our 15th acquisition since 2018 and further validates our strategy of building high-quality, market-leading platforms. KTS will scale our CommTech platform to more than $200 million in revenue, providing a solid foundation for further growth in closely adjacent end markets.”

Dr. Richard Kranze, KTS’ Founder and CEO, said, “The combination of KTS and SPX Technologies’ Communication Technologies platform is a natural next step in the growth of our business that will provide numerous opportunities for our employees and partners. Bringing together two leading communications technologies providers with SPX Technologies’ substantial resources, technological capabilities, and business system is a recipe for significant growth and value creation. The KTS team looks forward to working with the SPX team to build an even stronger, more valuable business.”

About KTS: Founded in 2008, KTS is a leading provider of digital interoperability and tactical networking solutions that drive superior situational awareness, interoperability, and increased survivability across multiple platforms and domains.

About SPX Technologies, Inc: SPX Technologies is a supplier of highly engineered products and technologies, holding leadership positions in the HVAC and detection and measurement markets. Based in Charlotte, North Carolina, SPX Technologies has more than 4,100 employees in 15 countries. SPX Technologies is listed on the New York Stock Exchange under the ticker symbol “SPXC.” For more information, please visit www.spx.com.

As global conflict and geopolitical challenges continue to escalate, defence strategies are increasingly emphasising technological innovation and seamless integration across systems. These efforts aim to strengthen resilience, agility, and deterrence, with counter-unmanned aerial systems (Counter-UAS) and communications intelligence (COMINT) at the forefront of modern defence capabilities.

Nations and alliances, including NATO and AUKUS, are prioritising joint development and integration, enhancing shared defence networks. For example, initiatives like NATO’s Integrated Air and Missile Defense (IAMD) and the European Sky Shield underscore the importance of interconnected systems, combining sensors, command controls, and weaponry. These developments ensure rapid response to emerging aerial threats, particularly unmanned aerial systems (UAS), which have evolved significantly in recent years.

Recognising these challenges, SPX Communication Technologies has developed the BLACKTALON Ecosystem—a scalable, customisable solution designed to detect, track, and neutralise hostile drones. Leveraging decades of expertise, BLACKTALON Ecosystem integrates advanced technologies from SPX and its partners into a vendor-agnostic framework, enabling tailored solutions that meet diverse operational needs.

The BLACKTALON core includes active radars, EOIR systems, RF jammers, and RF direction finders, which can be customised or replaced thanks to its open architecture. This flexibility allows integration with cutting-edge tools such as 3D radar from Echodyne, autonomous tracking systems, and robust mobile mounting options.

Additionally, SPX’s Blackbird software enhances threat detection, tracking, and mitigation, while the Claw RF inhibitor disrupts and neutralises hostile UAS activity. Supported by partnerships with leading manufacturers, the BLACKTALON Ecosystem exemplifies how collaboration drives innovation in Counter-UAS technology.

As Counter-UAS demand grows in 2025, SPX Communication Technologies remains at the forefront, delivering reliable solutions to safeguard critical operations worldwide. For further information on our Counter-UAS capabilities, including the BLACKTALON Ecosystem, visit www.tcibr.com/blacktalon-ecosystem or contact the team at sales@enterprisecontrol.co.uk.

We are delighted to share with you that Evenlode Lite has been mentioned in the latest AirMed & Rescue publication.

Evenlode Lite is our exciting new entry-level video downlink system designed to cater for companies new to airborne surveillance or those looking to enhance their ISR provision.

Please click here to read the full article entitled ‘Electric Dreams: Advances in Avionics Over the Last Year‘