Arxis Completes Acquisitions of Schatz Bearing, StratEdge
MT newswire2026/09/03 12:58Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
08:58 AM EDT, 09/03/2026 (MT Newswires) -- Arxis (ARXS) said Thursday it has completed its acquisitions of Schatz Bearing and StratEdge, joining its mechanical and electronic components segments, respectively. Financial terms of the deal were not disclosed. Arxis expects the businesses to generate revenue of more than $40 million for fiscal 2027, it said. Schatz Bearing manufactures specialized bearings for aerospace, defense systems and space applications, while StratEdge produces high-power ceramic packages for mission-critical defense and space applications, Arxis said.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like


Moody’s and Chainlink Complete Cross-Chain Credit Ratings Distribution Pilot
Coinedition•2026/11/10 16:33

loanDepot, Davidson Homes Form Mortgage Joint Venture
Bitget•2026/11/10 16:29
Crypto prices
MoreBitcoin
BTC
$73,038.95
-2.27%
Ethereum
ETH
$2,025.11
-4.60%
Tether USDt
USDT
$0.9991
+0.02%
BNB
BNB
$672.67
-1.95%
USDC
USDC
$0.9998
-0.00%
XRP
XRP
$1.05
-4.10%
Solana
SOL
$82.36
-4.65%
TRON
TRX
$0.3174
+0.09%
Hyperliquid
HYPE
$71.01
-5.52%
Zcash
ZEC
$1,029.71
-12.10%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now