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U.S. Based Rare Earth Company Winner Water to Join SPD and Mobix Labs (Nasdaq: MOBX) National Security Matters Initiative

Business Wire•05/10/2026•08:40 ET
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Key Highlights

  • ➤Winner joins SPD-Mobix Labs’ National Security Matters platform
  • ➤Federal awards total $53 million across six consecutive awards
  • ➤Winner broke ground on Alabama rare earth demonstration plant in August 2026
  • ➤Transaction requires Winner and Mobix Labs stockholder approvals
  • ➤Winner recovers rare earths, scandium, and alumina from coal ash

Expert Statements

Paul Singarella, Chief Executive Officer of Special Project Delivery, Inc.

“Winner Water, with Chief Executive Officer Karen Winner Sed at the helm, has distinguished itself from the pack. Karen has kept a technically demanding company funded, focused, and advancing for more than a decade, and built a team that two federal agencies have chosen to back over and again”

Paul Singarella, Chief Executive Officer of Special Project Delivery, Inc.

“We have worked alongside Karen, Winner President Todd Beers, and the rest of the Winner team for several years, complementing each other’s strengths, and building toward this combination; and we are thrilled to reach this milestone with them. Together, we are at the center of addressing the Nation’s current dependence on foreign sources and supply chains to meet its critical minerals demands.”

Karen Winner Sed, Chief Executive Officer of Winner Water Services Inc.

“I am very proud to be carrying forward my dad’s legacy, the building of our Winner Water team, and the critical minerals expertise that team has gained over the last decade”

Karen Winner Sed, Chief Executive Officer of Winner Water Services Inc.

“The timing is now to position Winner to meet the capital requirements needed for our infrastructure build. Combining with Paul and Special Project Delivery is our next giant step towards achieving that objective and fulfilling my dad’s vision.”

U.S. Based Rare Earth Company Winner Water to Join SPD and Mobix Labs (Nasdaq: MOBX) National Security Matters Initiative

Federal awards totaling $53 million have propelled Winner’s technology from laboratory chemistry to a demonstration plant under construction

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