Mobix Labs, Inc. (NASDAQ: MOBX) shares grew by leaps and bounds Thursday, on word 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.
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.
Key Facts at a Glance
• ~418 kilogramsof rare earth materials are estimated to be used in each F-35 Lightning II.
• ~4,500 kilogramsof rare earth materials are estimated to be used in each Virginia-class nuclear submarine.
• Tens of billions of dollars are already being deployed globally toward strategic critical-minerals infrastructure, with potential to reach hundreds of billions over the coming decade.
• China dominates significant portions of global rare earth mining and refining, according to widely cited industry and government sources.
• NATO, AUKUS, and Five Eyes nations have publicly identified rare earth independence as a defining geopolitical priority of the coming decade.
• Beginning in 2027, new U.S. Department of Defense restrictions on certain Chinese-origin rare earth magnet materials are expected to accelerate allied demand.
MOBX shares spiked $1.57, or 90.3%, to $3.31.
