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

According to BERNAMA News Agency, the proposed acquisition would expand Mobix Labs - already a supplier to advanced U.S. and allied defense and aerospace systems - directly into one of the world's most strategically important industrial sectors. SPD's focus on establishing a reliable domestic supply chain for these critical resources aligns with national security interests, emphasizing the importance of self-sufficiency in essential materials.

The acquisition reflects Mobix Labs' strategic move to enhance its capabilities in supporting defense and national security through securing critical resources. Rare earth elements and critical minerals are essential for various defense technologies, making this acquisition a significant step toward reducing dependency on foreign supply chains.