MOBIX LABS, INC (MOBX): Results of Operations and Financial Condition

Special Project Delivery Inc. agreed to combine with Winner Water Services Inc. Winner recovers rare earth elements from coal ash and will join Mobix Labs' National Security Matters platform. The deal is expected to close with Mobix Labs' acquisition of Special Project Delivery, subject to approvals. Winner has received $53 million in government funding and is building a rare earth extraction plant. Mobix Labs' stock is NASDAQ:MOBX.

Special Project Delivery (SPD) agreed to combine Winner Water Services, a U.S. rare earth company, with Mobix Labs (Nasdaq: MOBX) under its National Security Matters initiative. Winner, which recovers rare earth elements from coal ash, received $53M in federal funding. The deal, pending approvals, aims to address U.S. critical minerals dependence.

Mobix Labs (NASDAQ: MOBX) received a $1M+ order for RF sensing subsystems from a security-technology provider for a U.S. government program. The order supports threat-detection platforms and reflects growing demand. The subsystems are designed and manufactured in the U.S.

Mobix Labs agreed to buy Vision Aerial for about $15M in cash and common stock, to expand secure unmanned aerial systems. Microchip Technology agreed to acquire Hailo to broaden edge AI processing, with closing before Sept. 30, 2026. Mixx Technologies agreed to acquire Sophic Silicon Technologies for semiconductor IP and SoC design. Enersol EV agreed to buy Scientific Data Systems.

Mobix Labs said it agreed to acquire Vision Aerial, a Montana unmanned aerial systems maker, to meet National Defense Authorization Act supply-chain requirements. Mobix plans to pay about $15 million in cash and stock, with closing expected this quarter subject to conditions and shareholder approval. Vision Aerial’s team and operations would remain, folded into Mobix’s autonomous systems business.

Mobix Labs (NASDAQ:MOBX) signed a definitive $15 million cash-and-stock deal to acquire Vision Aerial, expected to close this quarter subject to financing, stockholder approval and customary conditions. Vision Aerial makes NDAA-compliant unmanned aerial systems used by U.S. military and government agencies. Mobix plans to integrate the drones with its RF, sensing and defense electronics. MOBX shares were down 1.94% to $1.89.