Pro-Dex, Inc. Announces Acquisition of Advanced Precision Machining

Pro-Dex (NasdaqCM: PDEX) completed the acquisition of Advanced Precision Machining LLC (APM) on February 9, 2026.

Rhea-AI Summary

Pro-Dex (NasdaqCM: PDEX) completed the acquisition of Advanced Precision Machining LLC (APM) on February 9, 2026. APM is a Costa Mesa manufacturing facility producing machined sub-assemblies and aerospace/defense parts, and holds ITAR and JCP registrations.

The company said APM will operate independently and that the length of APM's accounting close may shift consolidated reporting timing closer to SEC deadlines. Management cited a contract extension with its largest customer and expects revenue growth and potential manufacturing efficiencies from APM's automation.

Positive

• Acquisition of APM completed on February 9, 2026
• APM holds ITAR and JCP certifications
• Company expects revenue growth tied to largest-customer contract extension
• APM supplies aerospace/defense parts and Pro-Dex sub-assemblies

Negative

• APM accounting close may delay consolidated reporting timing
• Integration will maintain APM as an independent operation, slowing consolidation benefits

Argus Feb 13 session

+3.65% close to close Open Argus

Details

News Market Reaction – PDEX

In the Feb 13 session, PDEX gained 3.65%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details Pro-Dex’s completed acquisition of Advanced Precision Machining, a long‑ti...

Analysis

This announcement details Pro-Dex’s completed acquisition of Advanced Precision Machining, a long‑time supplier with aerospace, defense, and U.S. government contracting exposure, finalized on February 9, 2026. The move follows earlier disclosures about a contract extension with its largest customer and plans to secure additional machining capacity. In evaluating the news, investors may track how independently operating APM affects future consolidated reporting timelines and how effectively Pro-Dex applies APM’s automation to its Irvine manufacturing operations.

Key Figures

Acquisition completion date: February 9, 2026

Acquisition completion date

February 9, 2026

Date Pro-Dex completed acquisition of Advanced Precision Machining LLC

Historical Context

5 past events · Latest: Jan 29

5 events

1. Jan 29

   Q2 FY26 earnings

   24h Move

   -0.4%

   Reported higher Q2 and six‑month sales and income with contract extension plans.

2. Dec 19

   Contract extension

   24h Move

   -8.3%

   Extended largest customer contract through 2028 with minimum purchase volumes.

3. Oct 30

   Q1 FY26 earnings

   24h Move

   -0.3%

   Strong Q1 sales growth and higher net income aided by investment gains.

4. Oct 16

   Symbol clarification

   24h Move

   -4.8%

   Clarified no affiliation between PDEX stock and unrelated crypto entity.

5. Sep 04

   FY25 results

   24h Move

   -16.5%

   Reported 24% annual sales growth and sharply higher net income with strong backlog.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

international traffic in arms regulations ("itar"), itar, joint certification program ("jcp"), forward-looking statements, +1 more

5 terms

international traffic in arms regulations ("itar") regulatory

"maintains registrations under the International Traffic in Arms Regulations ("ITAR") as well as"

The International Traffic in Arms Regulations (ITAR) are U.S. government rules that control the export, import and sharing of defense-related goods, services and technical information listed as military items. For investors, ITAR acts like strict passport and border controls for technology: it can limit which markets a company can sell to, add compliance costs and licensing delays, and expose a firm to heavy fines or lost business if rules are broken.

itar regulatory

"maintains registrations under the International Traffic in Arms Regulations ("ITAR") as well as"

ITAR is a set of U.S. rules that control the export, import and sharing of military items, technologies and related technical data. For investors it matters because companies that make or handle controlled defense products can face strict licensing requirements, export bans, heavy fines, or lost contracts if they fail to comply—similar to a traffic cop that can stop or reroute a shipment, which can affect revenue, supply chains and company value.

joint certification program ("jcp") regulatory

"as well as a Joint Certification Program ("JCP") certification."

A joint certification program (JCP) is an agreement where two or more organizations collaborate to evaluate and formally approve a product, process or service against shared standards, issuing a common stamp of approval. For investors, a JCP signals reduced regulatory and market risk, faster access to new customers and shared costs, much like a co-signed warranty that boosts trust and can increase a product’s sales potential.

forward-looking statements regulatory

"may include 'forward-looking statements' within the context of the federal securities laws."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

securities and exchange commission regulatory

"on our statutory Securities and Exchange Commission deadlines."

A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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IRVINE, CA / ACCESS Newswire / February 12, 2026 / PRO-DEX, INC. (NasdaqCM:PDEX) today announced that on February 9, 2026 it completed its acquisition of Advanced Precision Machining LLC, ("APM"), formerly operated as Advanced Precision Machining, Inc., a manufacturing facility located in Costa Mesa, Calif. APM manufactures several of our machined sub-assemblies and also produces parts and assemblies for aerospace and defense systems. In addition, it serves as a Prime Contractor for the U.S. Government and therefore maintains registrations under the International Traffic in Arms Regulations ("ITAR") as well as a Joint Certification Program ("JCP") certification. We anticipate that we will operate APM independently of Pro-Dex and therefore, due to the length of their accounting close, we anticipate that our future consolidated results of operations will likely be announced closer to or on our statutory Securities and Exchange Commission deadlines.

"We are excited that APM is joining the Pro-Dex family," said Rick Van Kirk, President and CEO of Pro-Dex. "APM has been a quality supplier of ours for several decades and we look forward to applying some of APM's leading edge automation and technology to streamline our manufacturing and assembly operations in Irvine."

Mr. Van Kirk continued, "This transaction is part of our expansion plans based upon the recently announced contract extension with our largest customer and resultant expectant revenue growth. Additionally, we anticipate maintaining and expanding APM's business with other industries."

About Pro-Dex, Inc.:

Pro-Dex, Inc. specializes in the design, development, and manufacture of autoclavable, battery-powered and electric, multi-function surgical drivers and shavers used primarily in the orthopedic, thoracic, and maxocranial facial markets. We have patented adoptive torque-limiting software and proprietary sealing solutions that appeal to our customers, primarily medical device distributors. Additionally, we provide engineering, quality, and regulatory consulting services to our customers. We also manufacture and sell rotary air motors to a wide range of industries; however, these motors comprise a de minimis portion of our business. For more information, visit the Company's website at www.pro-dex.com.

Statements herein concerning the Company's plans, growth and strategies may include 'forward-looking statements' within the context of the federal securities laws. Statements regarding the Company's future events, developments and future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future (including, without limitation, expected revenue growth and the ability maintain and expand APM's business), are forward-looking statements within the meaning of these laws. The Company's actual results may differ materially from those suggested as a result of various factors. The risks included above are not exhaustive. For a more detailed description of risks associated with the Company, interested parties should refer to the risk factors and other disclosures concerning the operational and business concerns of the Company set forth in the Company's filings with the Securities and Exchange Commission.

Contact: Richard L. Van Kirk, Chief Executive Officer
(949) 769-3200

SOURCE: Pro-Dex, Inc.

View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When did Pro-Dex (PDEX) complete the acquisition of Advanced Precision Machining?

Pro-Dex completed the acquisition on February 9, 2026. According to the company, closing occurred before the February 12, 2026 announcement and transferred APM operations into Pro-Dex ownership.

How will the APM acquisition affect Pro-Dex (PDEX) consolidated reporting?

Consolidated results may be announced closer to SEC deadlines due to APM's accounting close. According to the company, the length of APM's close could shift Pro-Dex reporting timing.

Does APM hold government manufacturing certifications relevant to Pro-Dex (PDEX)?

Yes. APM maintains ITAR registrations and a JCP certification. According to the company, APM also serves as a U.S. government Prime Contractor for defense work.

What strategic benefits did Pro-Dex (PDEX) cite for buying APM?

Pro-Dex cited expected revenue growth from a largest-customer contract extension and manufacturing efficiencies. According to the company, APM's automation and technology may streamline Irvine operations.

Will APM continue operating under Pro-Dex (PDEX) management structure?

Pro-Dex intends to operate APM independently rather than fully integrate it immediately. According to the company, independent operation reflects APM's accounting and operational practices.

What products and markets does APM serve relevant to Pro-Dex (PDEX)?

APM manufactures machined sub-assemblies for Pro-Dex and parts for aerospace and defense systems. According to the company, APM's customer base includes government defense contracts.