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Fremont, CA – 14 April 2025. The Botswana Communications Regulatory Authority (BOCRA) of the Republic of Botswana selected TCI to provide its new Automated Spectrum Monitoring System.

TCI, in consortium with Saipem Enterprises (Pty) Ltd, was awarded the international competitive tender issued by BOCRA for a turnkey automated spectrum monitoring and direction-finding system that includes three fixed, one transportable, one mobile and one portable station, operating from 9 kHz to 8.5 GHz, all with ITU compliant monitoring, TDOA, and DF functionality with installation, training and skills transfer with three-years extended warranty for maintenance services. The system also includes an interface to their license database providing the ability to perform Automatic Violation Detection (AVD).

The upgrade includes the replacement of three existing Fixed Spectrum Monitoring sites with the TCI Model 759 Compact Spectrum Monitoring equipment and TCI’s Scorpio software. The new Transportable and Mobile Monitoring Stations will also have the TCI Model 759 thus providing BOCRA with a common and integrated platform that can be operated from any Scorpio Client within BOCRA’s Automated Spectrum Monitoring and Management System (ASMMS). This new platform will enable BOCRA to address its current and future spectrum management requirements as new communication technologies are introduced.

BOCRA and TCI signed the contract for this initiative in March 2025 and completion is expected in October 2025.

TCI is excited to be BOCRA’s selected supplier for such an important system that will provide the latest generation spectrum monitoring tools for The Republic of Botswana.

About TCI:

TCI International, Inc. is a wholly owned subsidiary of SPX Corporation. TCI provides turnkey solutions for spectrum management and monitoring, direction-finding, geolocation, and communications intelligence to civilian, government, military, and intelligence agencies and provides antennas for communications and high-power radio broadcasting. TCI is headquartered in Fremont, California, USA. For more information, contact ann.bustamante@spx.com.

About Saipem Enterprises (Pty) Ltd:

Saipem Enterprises (Pty) Ltd is a local Botswana company wholly citizen owned specializing in telecommunications consultancy and installation integration. 

SPX Communication Technologies (TCI|ECS) is excited to be attending AOC Europe Symposium and Convention 2025 based in Rome, Italy in May!

We will be showcasing our latest advancements in HF, COMINT and C-UAS!

Pop by and meet us in Rome, Italy where we will be located at stand F26, to discuss any requirements you may have or just to have an informal chat about how we may be able to support your operational needs.

We are glad to be back at AOC Europe as one of the leading EW & COMINT shows in Europe!

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 defense solutions that address evolving threats within the RF spectrum.

Innovative Defense 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!

The year of the snake is upon us! We are all about celebrating the culture of diverse employees here at TCI.

Wishing you all a happy Lunar New Year!

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

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.