Mobix Labs appoints CEO Philip Sansone to board and reports loan guarantee

Mobix Labs, Inc. (NASDAQ:MOBX) announced that its board of directors appointed Philip Sansone as a Class I director, effective August 8. Sansone’s term will expire at the 2028 Annual Meeting of Stockholders, according to a statement released through a Securities and Exchange Commission filing.

Sansone currently serves as the company’s Chief Executive Officer. He was named interim CEO in April 2025 before being appointed to the permanent role in July 2025. Before his CEO appointments, Sansone served as Vice President of Worldwide Sales at Mobix Labs from September 2021 to April 2025. He previously held the position of Vice President of Global Distribution at MaxLinear from April 2019 to September 2021.

Mobix Labs stated that there are no arrangements or understandings between Sansone and any other person regarding his appointment as director, and no family relationships exist between Sansone and any of the company’s directors or executive officers.

On Wednesday, Sansone personally guaranteed a loan to Mobix Labs with a principal amount of $600,000. The company reported that, aside from this transaction, Sansone is not a party to any other transaction requiring disclosure under applicable regulations.

Mobix Labs, based in Irvine, California, is listed on the Nasdaq Capital Market under the ticker MOBX. This information is based on a press release statement included in the company’s recent SEC filing.

In other recent news, Mobix Labs, Inc. reported quarter-over-quarter revenue growth in its filter and interconnect products during the second quarter of 2025. The company’s EMI Filter Solutions subsidiary has seen an increase in production orders from U.S. defense contractors and aerospace applications, focusing on military systems, satellite and GPS technologies, U.S. Navy programs, and aerospace development platforms. Additionally, Mobix Labs has made an unsolicited offer to acquire Peraso Inc. in a stock-for-stock transaction at a 20% premium to Peraso’s 30-day average closing price through June 10. This proposed acquisition aims to merge Mobix’s defense and interconnect products with Peraso’s mmWave solutions. Peraso reported $1.5 million in 5G/mmWave revenues in the first quarter of 2025, surpassing its entire 2024 fiscal year revenue of $1.3 million in that segment. These developments signal Mobix Labs’ active engagement in expanding its product offerings and market reach.

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