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Mobix Labs Signs Definitive Rare Earth Elements Deal, Expanding National Security Platform
Definitive agreement advances the proposed Mobix Labs acquisition of Special Project Delivery and expands the combined national-security platform into rare earth elements, critical minerals, energy, and strategic U.S. infrastructure.
Mobix Labs, Inc. (Nasdaq: MOBX) announced that it has executed a definitive agreement to acquire Special Project Delivery, Inc. (SPD), a strategic infrastructure platform focused on U.S. supply chains for rare earth elements, critical minerals, and energy storage.
The agreement moves the previously announced Mobix-SPD combination from letter-of-intent stage into definitive documentation and positions SPD as a core infrastructure layer within Mobix Labs' National Security Matters initiative.
Key Facts at a Glance
Mobix Labs has executed definitive acquisition documentation for Special Project Delivery.
The all-stock transaction consideration is not expected to exceed 4.8 million shares of Mobix common stock.
The transaction is expected to close before the end of 2026, subject to Mobix stockholder approval and other customary closing conditions.
SPD's opportunity pipeline spans critical minerals, rare earth elements, energy, critical infrastructure, Western U.S. water resilience, carbon, and biosolids.
Cornerstone of a Broader National-Security Platform
The proposed SPD acquisition is positioned as a cornerstone in Mobix Labs' expansion from defense and aerospace solutions into a broader national-security platform. The combined company is expected to pursue opportunities tied to domestic mineral rights, strategic resource infrastructure, missile-defense and homeland-defense architecture, American-built drones and autonomous systems, and federal critical-minerals and stockpile programs.
National Security Matters Alignment
Mobix Labs' National Security Matters initiative is designed around a wider set of U.S. security priorities, including defense and aerospace electronics, domestic drones and autonomous systems, rare earth elements, critical minerals, energy, and critical infrastructure.
SPD adds an upstream resource and infrastructure platform to that strategy. Where Mobix Labs has historically served the components, systems, and electronics side of national-security markets, SPD brings exposure to the materials, energy, and water systems those markets depend on.
Why Critical Minerals Matter
SPD's thesis is that secure access to underlying materials has become a binding constraint for U.S. national-security manufacturing. Rare earth elements, lithium, and other critical minerals remain concentrated in foreign supply chains while demand accelerates across defense electronics, autonomous systems, grid resilience, and AI data-center infrastructure.
By combining with Mobix Labs, SPD is expected to connect its critical-resource platform with a publicly traded defense and dual-use technology company already operating inside aerospace, defense, and high-reliability supply chains.
Agreement Terms
The SPD acquisition is structured as an all-stock transaction. Consideration is not expected to exceed 4.8 million shares of Mobix common stock. Closing is expected before the end of 2026 and remains subject to Mobix stockholder approval and satisfaction of other customary closing conditions.
Investor Call
Mobix Labs scheduled an investor call for August 13, 2026, at 4:15 p.m. ET to discuss the National Security Matters initiative. The call was set to include remarks from Paul Singarella, Co-Founder of Special Project Delivery.
About Special Project Delivery, Inc.
Special Project Delivery is a U.S. infrastructure development platform with positions across critical minerals and rare earth elements, energy and critical infrastructure, and Western U.S. water resilience. Formed in 2019 and headquartered in Newport Beach, California, SPD is led by Co-Founder and Chief Executive Officer Paul Singarella and Co-Founder and Chief Financial Officer John Dewey.
About Mobix Labs
Mobix Labs is building a diversified platform focused on technologies, resources, and infrastructure that advance U.S. national-security priorities. Its strategic focus includes critical resources and advanced materials; defense, aerospace, and autonomous systems; energy, water, and critical infrastructure; and digital infrastructure and strategic technologies.
Forward-Looking Statements
This release includes forward-looking statements regarding the proposed acquisition of SPD by Mobix Labs, the anticipated transaction structure, expected closing timing, strategic significance, and potential benefits. The transaction remains subject to closing conditions, including Mobix stockholder approval, and there can be no assurance that it will be completed on the expected timeline or at all.