Mobix Labs Acquires Rare Earth Company Winner Water Services via SPD Deal
Mobix Labs (MOBX) announced that through its acquisition target, Special Project Delivery (SPD), it has entered into a definitive agreement to acquire U.S.-based rare earth company Winner Water Services. The deal is part of Mobix's strategy to expand in the critical minerals sector. Winner Water and its research partners have secured $53 million in funding from the Department of Energy, highlighting the strategic importance of their operations within the clean energy transition. This acquisition aligns with growing global demand for rare earth elements used in electric vehicles, renewable technologies, and advanced electronics. The transaction is expected to enhance Mobix Labs' portfolio by integrating a well-funded company positioned at the intersection of environmental sustainability and critical mineral supply chains.
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