Press Release: MOBX to Acquire U.S. Defense Rare Earth, Critical Minerals Company

Dow Jones

05/14

IRVINE, Calif.--(BUSINESS WIRE)--May 14, 2026--

Mobix Labs (Nasdaq: MOBX) today announced a non-binding Letter of Intent to acquire Special Project Delivery LLC ("SPD"), a U.S. company building sovereign supply chains for rare earth elements, critical minerals, and energy storage.

The proposed acquisition would extend Mobix Labs' national security work -- already supplying U.S. and allied fighter jets, missiles, submarines, and satellites -- directly into one of the world's most strategically important industrial sectors. MOBX is moving directly into the supply chain powering modern defense, aerospace, and AI infrastructure.

Forward-Looking Statements

This press release contains forward-looking statements regarding the proposed acquisition of Special Project Delivery LLC ("SPD"), which are subject to risks and uncertainties described in Mobix Labs' SEC filings and similar provisions under applicable non-U.S. securities laws. The Letter of Intent is non-binding, and there can be no assurance that a definitive agreement will be executed or the proposed transaction completed.

Follow us on X: @MobixLabs_MOBX

Follow on StockTwits: MobixLabs

Follow us on LinkedIn: Mobix Labs

View source version on businesswire.com: https://www.businesswire.com/news/home/20260514428219/en/

 
    CONTACT:    MOBX Investor Relations Contacts

Chris Eddy or David Collins

Catalyst IR

mobx@catalyst-ir.com or 212-924-9800

(END) Dow Jones Newswires

May 14, 2026 09:40 ET (13:40 GMT)

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The Letter of Intent is non-binding, and there can be no assurance that a definitive agreement will be executed or the proposed transaction completed. \n</p>\n<p>\n     Follow us on X: @MobixLabs_MOBX \n</p>\n<p>\n     Follow on StockTwits: MobixLabs \n</p>\n<p>\n     Follow us on LinkedIn: Mobix Labs \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20260514428219/en/ \n</p>\n<pre style=\"white-space: pre\">\n \n    CONTACT:    MOBX Investor Relations Contacts \n</pre>\n<p>\n     Chris Eddy or David Collins \n</p>\n<p>\n     Catalyst IR \n</p>\n<p>\n     mobx@catalyst-ir.com or 212-924-9800 \n</p>\n<pre style=\"white-space: pre\">\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2026 09:40 ET (13:40 GMT)\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: MOBX to Acquire U.S. Defense Rare Earth, Critical Minerals Company</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: MOBX to Acquire U.S. Defense Rare Earth, Critical Minerals Company\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2026-05-14 21:40</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\nIRVINE, Calif.--(BUSINESS WIRE)--May 14, 2026-- \n</pre>\n<p>\n     <a href=\"https://laohu8.com/S/MOBX\">Mobix Labs</a> (Nasdaq: MOBX) today announced a non-binding Letter of Intent to acquire Special Project Delivery LLC (\"SPD\"), a U.S. company building sovereign supply chains for rare earth elements, critical minerals, and energy storage. \n</p>\n<p>\n     The proposed acquisition would extend Mobix Labs' national security work -- already supplying U.S. and allied fighter jets, missiles, submarines, and satellites -- directly into one of the world's most strategically important industrial sectors. MOBX is moving directly into the supply chain powering modern defense, aerospace, and AI infrastructure. \n</p>\n<p>\n     Forward-Looking Statements \n</p>\n<p>\n     This press release contains forward-looking statements regarding the proposed acquisition of Special Project Delivery LLC (\"SPD\"), which are subject to risks and uncertainties described in Mobix Labs' SEC filings and similar provisions under applicable non-U.S. securities laws. The Letter of Intent is non-binding, and there can be no assurance that a definitive agreement will be executed or the proposed transaction completed. \n</p>\n<p>\n     Follow us on X: @MobixLabs_MOBX \n</p>\n<p>\n     Follow on StockTwits: MobixLabs \n</p>\n<p>\n     Follow us on LinkedIn: Mobix Labs \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20260514428219/en/ \n</p>\n<pre style=\"white-space: pre\">\n \n    CONTACT:    MOBX Investor Relations Contacts \n</pre>\n<p>\n     Chris Eddy or David Collins \n</p>\n<p>\n     Catalyst IR \n</p>\n<p>\n     mobx@catalyst-ir.com or 212-924-9800 \n</p>\n<pre style=\"white-space: pre\">\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2026 09:40 ET (13:40 GMT)\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MTX","symbol_name":"Minerals Technologies Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2635480067","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2635480067","pubTimestamp":1778766000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Mobix Labs  today announced a non-binding Letter of Intent to acquire Special Project Delivery LLC , a U.S. company building sovereign supply chains for rare earth elements, critical minerals, and energy storage.The proposed acquisition would extend Mobix Labs' national security work -- already supplying U.S. and allied fighter jets, missiles, submarines, and satellites -- directly into one of the world's most strategically important industrial sectors. MOBX is moving directly into the supply chain powering modern defense, aerospace, and AI infrastructure.This press release contains forward-looking statements regarding the proposed acquisition of Special Project Delivery LLC , which are subject to risks and uncertainties described in Mobix Labs' SEC filings and similar provisions under applicable non-U.S. securities laws. 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MOBX is moving directly into the supply chain powering modern defense, aerospace, and AI infrastructure. \n\n\n     Forward-Looking Statements \n\n\n     This press release contains forward-looking statements regarding the proposed acquisition of Special Project Delivery LLC (\"SPD\"), which are subject to risks and uncertainties described in Mobix Labs' SEC filings and similar provisions under applicable non-U.S. securities laws. The Letter of Intent is non-binding, and there can be no assurance that a definitive agreement will be executed or the proposed transaction completed. \n\n\n     Follow us on X: @MobixLabs_MOBX \n\n\n     Follow on StockTwits: MobixLabs \n\n\n     Follow us on LinkedIn: Mobix Labs \n\n\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20260514428219/en/ \n\n\n \n    CONTACT:    MOBX Investor Relations Contacts \n\n\n     Chris Eddy or David Collins \n\n\n     Catalyst IR \n\n\n     mobx@catalyst-ir.com or 212-924-9800 \n\n\n \n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 14, 2026 09:40 ET (13:40 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}