Aspina Inc., a maker of precision motors, drives, modules, and other systems that are used primarily in the automation, environmental, automotive, and health and welfare sectors, has moved its corporate headquarters from Los Angeles to Irvine.
The move to the CAVU Business Park near John Wayne Airport, effective last month, represents “a significant milestone for Aspina as it positions the company for continued growth and innovation,” it said in a statement.
The new location “offers a dynamic business environment, access to top-tier talent, and proximity to key partners, all of which will contribute to the company’s vision and ongoing success,” it said.
Established in 1918 in Japan, and previously known domestically as Shinano Kenshi until a rebrand for its Americas division a few years ago, Aspina develops and produces motors and modules in fields such as industrial equipment, home appliances, housing, automobiles, medical care and human augmentation.
Irvine is “known for its outstanding business community. Irvine is home to some of the top tech companies, startups, and UC Irvine, one of the top technical universities in the country,” Nick Lauro, senior vice president of Aspina, said in a statement on Jan. 17.
“This move indicates our dedication to operational excellence, strong commitment to the wellness of our team members, and that of our business partners and the community.”
Aspina said it will turn its current Culver City location into a specialized engineering and technical center.
The deal is the latest leasing win for CAVU; see page 7 for more on the office campus.
Mobix Labs Lands Military Win
Irvine-based chip company Mobix Labs Inc. has made another step into the military sphere.
The upstart company, founded in 2020, says it’s begun delivering guidance system parts that will be used in the U.S. Army’s Javelin missile system. The anti-tank missile known for its shoulder-fired versatility has featured prominently in the fighting in Ukraine and found customers around the world.
Mobix Labs (Nasdaq: MOBX) develops next-generation connectivity technologies for 5G infrastructure, satellite communications and defense industries.
“The company is excited to be developing and delivering parts in connection with the Javelin missile system and believes that this is another design win in the defense industry that is aligned with its overall M&A growth strategy,” Mobix said in a statement on Jan. 22.
Mobix earlier this month announced a separate, new contract with the U.S. military, two weeks after public trading of the company’s shares started on the Nasdaq.
The company said Jan. 4 it had been awarded a 15-month contract to supply noise-reducing electromagnetic interference filtered connectors as part of the U.S. Army’s M1 Abrams Tank program.
Mobix Labs, currently valued around $70 million, is backed by OC semiconductor entrepreneur James Peterson.
