MOBX News & Events

Mobix Labs announced that it has fully extinguished its $4M convertible note with Leviston Resources, LLC. All shares issued upon conversion have been registered and resold by Leviston pursuant to the company's effective Registration Statement on Form S-1. The company also entered into an Investor Rights Agreement granting Leviston the right, but not the obligation, to acquire up to $4M in additional convertible notes over a seven-month period on substantially similar terms.

Mobix Labs signed a non-binding Letter of Intent to acquire Special Project Delivery, a strategic infrastructure platform building sovereign U.S. supply chains for rare earth elements, critical minerals, and energy storage. The company said, " 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 kilograms of rare earth materials are estimated to be used in each F-35 Lightning II. ~4,500 kilograms of 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." The Letter of Intent with SPD is non-binding and establishes a framework for due diligence and negotiation of definitive agreements. No assurance can be given that a definitive agreement will be executed or that the proposed transaction will be completed.

Mobix Labs, Inc. (MOBX) announced an additional aerospace order for Mobix Labs technology supporting a certified onboard aircraft system for Boeing (BA) 737NG commercial aircraft.

Mobix Labs (MOBX) announced a new aerospace product order from a returning customer, expanding the deployment of Mobix Labs components inside a next-generation secure onboard aircraft system certified for Boeing (BA) 737NG commercial aircraft. "This new order is exactly the type of aerospace engagement we are working to grow across Mobix Labs," said Phil Sansone, CEO of Mobix Labs. "Having our technology continue to be selected for deployment within a certified onboard aircraft system supporting Boeing 737NG platforms is an important milestone for the Company, and it reflects the type of high-reliability aviation application where qualification, performance, and operational standards are exceptionally demanding. We believe opportunities like this can serve as an important catalyst for Mobix Labs' broader expansion across commercial aerospace and other high-reliability aviation markets."