Graham acquires certain assets of Xdot Bearing, terms not disclosed

Graham (GHM) Corporation announced the acquisition of certain specified assets of Xdot Bearing Technologies, a specialized consulting, design and engineering firm focused on foil bearing technology. Xdot has developed and patented a breakthrough foil bearing design that delivers superior performance while lowering development and production costs. Xdot’s innovative technology and products expands capabilities within Barber-Nichols, Graham’s wholly owned subsidiary, and is complementary to its existing product portfolio. Xdot will be integrated into the BN business, reinforcing its leadership in engineered solutions that support critical missions and the energy transition. Additionally, BN will continue to support Xdot customers with bearing supply, but now under BN’s ISO9001 and AS9100 quality systems. Dr. Erik Swanson, Founder, President, and Chief Engineer of Xdot is a world renowned expert in foil bearing analysis, application, and fabrication and will join the BN team upon closing. Xdot has annual sales of approximately $1M and is expected to be slightly accretive to the Company’s fiscal year 2026 GAAP net income.