The Company will host an earnings conference call and webcast the next day to review financial and operating results for the quarter ended March 31, 2026. Management will review quarterly results and discuss recent operational progress and strategic priorities. A question-and-answer session will follow.

Third Quarter 2026 Conference Call

Date: Friday, May 15, 2026
Time: 12:00 p.m. Eastern Time
Phone: +1 (201) 389-0908
Webcast and accompanying slide presentation: Registration Link

A telephonic replay will be available from 3:00 p.m. ET on the day of the call through Friday, May 29, 2026. To listen to the archived call, dial +1 (412) 317-6671 and enter replay PIN 13760492.

The webcast replay will be available on the Investor Relations section of the Company’s website neovolta.com/investors/, where a transcript will be posted once available.

About NeoVolta

NeoVolta is an innovator in energy storage solutions dedicated to advancing reliable, high-performance power infrastructure for residential, commercial, and utility applications. With a focus on scalable technology, domestic manufacturing, and strategic partnerships, NeoVolta is positioned to support the accelerating transition toward resilient energy systems.

For more information, visit www.neovolta.com.

Contacts

NEOV Investors

Alliance Advisors IR

ir@neovolta.com 

NEOV Media

Email: press@neovolta.com
Phone: 800-364-5464

The post NeoVolta Announces Timing of Third Quarter Fiscal 2026 Earnings Release and Conference Call appeared first on NeoVolta.

San Diego, CA — April 21, 2026 — NeoVolta Inc. (NASDAQ: NEOV) (“NeoVolta” or the “Company”), a U.S.-based energy technology company delivering scalable energy storage solutions, today announced an updated ownership structure for NeoVolta Power, LLC, its U.S. battery energy storage system manufacturing joint venture in Pendergrass, Georgia.

Under the revised structure, NeoVolta has increased its ownership interest in NeoVolta Power from 60% to 80%. The remaining 20% ownership interest will continue to be held by CCC (a U.S. subsidiary of PotisEdge) under the governing agreements. NeoVolta retains full board and operational control of NeoVolta Power and does not grant any minority investor the ability to direct or control key operational or strategic decisions.

The updated structure increases NeoVolta’s economic participation in the platform while supporting alignment with evolving domestic manufacturing and incentive frameworks. The transaction requires no new cash capital deployment by NeoVolta.

In connection with the updated structure and expanded commercial agreement, NeoVolta has entered into a sales, marketing, and business development agreement with PotisEdge. NeoVolta agreed to issue approximately 1.2 million shares of common stock as consideration under the related agreements.

NeoVolta believes that its commercial relationship with PotisEdge can contribute to commercial development, market understanding, and customer engagement as NeoVolta Power advances toward commercial operations.

“This is an important step forward for NeoVolta,” said Ardes Johnson, Chief Executive Officer of NeoVolta. “Increasing our ownership in NeoVolta Power strengthens our long-term economic interest in the platform while preserving operational control. At the same time, expanding this commercial arrangement adds meaningful market experience and commercial support.”

A Stronger, Compliance-Aligned Structure

The updated ownership structure reflects NeoVolta’s focus on building a domestic, compliant, and scalable energy storage manufacturing platform. By increasing its stake to 80%, NeoVolta expands its economic participation, simplifies governance, and further aligns the platform with U.S. regulatory frameworks, including simplifying eligibility for IRS Section 45X Advanced Manufacturing Production Tax Credits and Section 48E Investment Tax Credits.

NeoVolta will continue to consolidate NeoVolta Power’s financial results under U.S. GAAP, with minority interests reflected as non-controlling interests.

Expanded Commercial Agreement and Go-to-Market Approach

A central element of this announcement is the expanded commercial agreement with PotisEdge. Under the new agreement, PotisEdge will contribute its experience, relationships, and commercial insight to support NeoVolta Power’s business development efforts.

At the same time, NeoVolta is building its own internal sales and marketing capabilities. Together, these channels create a complementary go-to-market approach that combines NeoVolta’s direct engagement with the commercial support provided by PotisEdge to enhance market understanding and customer engagement.

About NeoVolta

NeoVolta is an innovator in energy storage solutions dedicated to advancing reliable, high-performance power infrastructure for residential, commercial, and utility applications. With a focus on scalable technology, domestic manufacturing, and strategic partnerships, NeoVolta is positioned to support the accelerating transition toward resilient energy systems.

For more information, visit www.neovolta.com.

Forward-Looking Statements

Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Forward-looking statements in this release include, without limitation, statements regarding the ability to raise additional capital, manufacturing capacity, production timelines, market opportunity, revenue potential, supply collaboration frameworks and potential order volumes, the expected expansion of strategic collaborations, and future operations. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘may,’ ‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately’ or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under Item 1A. “Risk Factors” in the Company’s most recently filed Form 10-K filed with the Securities and Exchange Commission (“SEC”) and updated from time to time in its Form 10-Q filings and in its other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.

Contacts

NEOV Investors

Bryan Baritot

Alliance Advisors IR

ir@neovolta.com 

NEOV Media

Email: press@neovolta.com
Phone: 800-364-5464

The post NeoVolta Increases Ownership of NeoVolta Power to 80% and Expands Strategic Commercial Capabilities appeared first on NeoVolta.

San Diego, CA — April 9, 2026 — NeoVolta Inc. (NASDAQ: NEOV) (“NeoVolta” or the “Company”), a U.S.-based energy technology company delivering scalable energy storage solutions, today announced it has been named “Energy Storage Company of the Year” in the 3rd annual CleanTech Breakthrough Awards, conducted by CleanTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout climate and clean technology companies, products and services around the globe.

This year’s program attracted thousands of nominations from companies across more than 16 countries, and NeoVolta was selected for its differentiated product portfolio, installer-friendly approach to deployment, and its role in making high-performance energy storage more accessible across residential and commercial markets

“We’re focused on real-world performance and installer-friendly solutions that simplify complexity without sacrificing power,” said Ardes Johnson, Chief Executive Officer of NeoVolta. “The result has been strategic advances in both product design and market momentum, which are enabling energy storage to move from promising innovation to a tangible foundation of the clean energy future. We’re thrilled to accept this award from CleanTech Breakthrough and will continue to expand our portfolio to meet growing demand, including across segments that traditional storage players have underserved.”

An Expanding Portfolio Built for the Modern Grid

NeoVolta designs and delivers energy storage systems that help homeowners and commercial operators lower costs, increase self-sufficiency, and build resilience against outages and rising energy prices. All of NeoVolta’s products are built on safe, long-life lithium iron phosphate (LFP) chemistry, the non-flammable and non-toxic alternative to conventional lithium-ion, offering durability and reliable service life backed by a 15-year warranty.

The Company’s recently launched NVWAVE platform represents a meaningful step forward in how energy storage is deployed. Featuring a click-in modular design with intelligent “whole home” load management, NVWAVE integrates a system controller, inverters, battery management, and individual battery modules into one streamlined unit. The system installs in under 30 minutes, approximately 75% faster than traditional alternatives, and is fully FEOC Compliant and Domestic Content eligible, scaling up to 55.2 kWh of total capacity. NeoVolta has also introduced the NV16 KAC hybrid inverter, delivering up to 16,000W of continuous power with 200A passthrough and seamless integration for solar, batteries, and backup generators, built for the flexibility that modern residential and commercial installations demand.

These products are designed to move energy storage from a niche application into a mainstream infrastructure solution, enabling larger installations that support peak shaving, solar self-consumption optimization, and reliable backup power.

Industry Recognition

“NeoVolta is a standout in the energy storage sector,” said Bryan Vaughn, Managing Director, CleanTech Breakthrough. “The broader energy storage market is moving toward robust, next-generation systems as customers and businesses prioritize decarbonization, resilience, safety, and longevity. NeoVolta is transforming the market by turning what was once complex and expensive into solutions that are reliable, accessible, and impactful. For its product leadership, market traction, and contribution to scaling energy storage adoption, NeoVolta is our pick for Energy Storage Company of the Year.”

A Reflection of NeoVolta’s Broader Transformation

This recognition comes at a defining moment in NeoVolta’s evolution. Over the past 18 months, the Company has transformed from a residential storage provider into a vertically integrated energy solutions platform spanning residential, commercial and industrial, and utility-scale markets. Product innovation is one pillar of that strategy, alongside strategic partnerships and domestic manufacturing initiatives the Company has advanced in parallel. As the U.S. energy storage market grows toward an estimated $45 billion by 2030, NeoVolta believes companies that pair differentiated products with domestic manufacturing and strong partnerships will be best positioned to lead.

About NeoVolta

NeoVolta is an innovator in energy storage solutions dedicated to advancing reliable, high-performance power infrastructure for residential, commercial, and utility applications. With a focus on scalable technology, domestic manufacturing, and strategic partnerships, NeoVolta is positioned to support the accelerating transition toward resilient energy systems.

For more information, visit www.neovolta.com.

About CleanTech Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the CleanTech Breakthrough Awards program is devoted to honoring excellence in energy, climate and clean technologies, services, companies and products around the world. The program spans categories including solar technology, smart grid, energy management, wind energy, waste and recycling, transportation and more. For more information, visit www.cleantechbreakthrough.com.

Forward-Looking Statements

Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Forward-looking statements in this release include, without limitation, statements regarding the ability to raise additional capital, manufacturing capacity, production timelines, market opportunity, revenue potential, supply collaboration frameworks and potential order volumes, the expected expansion of strategic collaborations, and future operations. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘may,’ ‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately’ or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under Item 1A. “Risk Factors” in the Company’s most recently filed Form 10-K filed with the Securities and Exchange Commission (“SEC”) and updated from time to time in its Form 10-Q filings and in its other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.

Contacts

NEOV Investors

Alliance Advisors IR

ir@neovolta.com 

NEOV Media

Email: press@neovolta.com
Phone: 800-364-5464

The post NeoVolta Named 2026 “Energy Storage Company of the Year” by CleanTech Breakthrough appeared first on NeoVolta.

San Diego, CA — March 26, 2026 — NeoVolta Inc. (NASDAQ: NEOV) (“NeoVolta” or the “Company”), a U.S.-based energy technology company delivering scalable energy storage solutions, today announced it has received its first purchase order from Luminia LLC (“Luminia”), a California-based leader in distributed energy development, under the strategic supply collaboration the two companies announced in December 2025.

The purchase order, valued at approximately $1.9 million for 40 units of NeoVolta’s NVGAIN-125K261 commercial and industrial battery storage system, represents the first definitive commercial transaction to emerge from the December 2025 collaboration framework and a critical validation of NeoVolta’s integrated C&I platform strategy. This milestone accelerates NeoVolta’s entry into the commercial and industrial storage segment, demonstrates the Company’s ability to generate near-term C&I revenue using its existing certified product portfolio, and lays the groundwork for a broader, long-term strategic collaboration with one of the most active C&I energy storage developers in the United States.

Unlocking the Broader Opportunity: From Supply Agreement to Strategic Collaboration

In December 2025, NeoVolta and Luminia announced a strategic supply collaboration framework under which NeoVolta would receive a right of first refusal to supply battery energy storage systems across Luminia’s portfolio of California solar-plus-storage projects, representing up to 160 MWh of potential supply and approximately $39 million in potential equipment revenue. Today’s purchase order is the first concrete step related to that framework.

Luminia operates as a platform-scale developer with a substantial contracted demand base and a growing active project pipeline across California’s commercial, municipal, and community energy storage market. The company’s development activity positions it as one of the more significant participants in the U.S. C&I distributed storage segment, and NeoVolta views the relationship as a platform for sustained, multi-year demand rather than a series of isolated transactions.

While this initial purchase order reflects the existing supply collaboration framework, both companies expect the relationship to evolve into a deeper strategic relationship encompassing joint project execution, expanded product deployment, and integrated C&I solutions as NeoVolta’s Georgia manufacturing facility ramps toward mid-2026 production.

A Validation of NeoVolta’s Integrated C&I Strategy

The C&I energy storage segment represents a significant and growing market opportunity, one that has historically been underserved by both residential installers and large utility-scale EPC firms. Demand for bankable, FEOC-compliant, domestically sourced solutions is accelerating, and NeoVolta believes its integrated platform is uniquely positioned to meet it.

By combining a certified, market-ready product portfolio with an established developer partner offering turnkey EPC and project financing capabilities, NeoVolta is able to offer C&I customers fully structured, bankable energy storage solutions. The Company’s Georgia manufacturing facility, on track for a mid-2026 production ramp, will further strengthen this position by adding domestic supply capacity aligned with IRA incentive frameworks.

Today’s purchase order is tangible evidence that this strategy is working. NeoVolta is winning C&I business now, with existing products, ahead of its manufacturing ramp, and alongside a partner with one of the most active project pipelines in the U.S. C&I market.

“Receiving this first purchase order from Luminia is a significant milestone that validates both our C&I strategy and the strength of our relationship,” said Ardes Johnson, Chief Executive Officer of NeoVolta. “When we announced our collaboration with Luminia in December, we described it as a platform capable of driving sustained demand over time. This purchase order is the first evidence of exactly that, and we expect this relationship to continue to deepen as we bring our Georgia manufacturing facility online and expand our integrated C&I solutions.”

“This first purchase order is an important step in executing a programmatic deployment model we’ve built to scale across commercial and community portfolios.” said David Field, CEO and Co-Founder of Luminia. “The demand we are seeing from C&I customers for domestically sourced, fully certified battery storage solutions is real and growing and this order marks the beginning of a repeatable project pipeline with NeoVolta.”

Accelerating NeoVolta’s Multi-Vertical Platform

This transaction is a meaningful proof point in NeoVolta’s broader strategy to build a vertically integrated energy solutions platform spanning residential, commercial and industrial, and utility-scale markets. NeoVolta’s C&I approach is built on partnering with established project developers and financing platforms such as Luminia, enabling the Company to offer customers fully structured, bankable energy storage solutions rather than simply supplying hardware.

The Luminia relationship also provides forward demand visibility that supports production planning at NeoVolta’s Georgia manufacturing facility, where initial 2 GWh annual capacity – scalable to 8 GWh subject to additional capital investment and operational milestones – is expected to ramp in mid-2026.

NeoVolta will supply 40 units of the NVGAIN-125K261 under this purchase order, including on-site commissioning support across selected sites. The Company will provide updates on material developments under the broader Luminia collaboration as they occur.

About NeoVolta

NeoVolta is an innovator in energy storage solutions dedicated to advancing reliable, high-performance power infrastructure for residential, commercial, and utility applications. With a focus on scalable technology, domestic manufacturing, and strategic partnerships, NeoVolta is positioned to support the accelerating transition toward resilient energy systems.

For more information, visit www.neovolta.com.

About Luminia

Headquartered in San Diego, Luminia is a renewable energy developer accelerating the transition to local commercial and community-based solar and energy storage. Luminia partners with businesses, property and portfolio owners, Community Choice Aggregators (CCAs) and local communities to design, finance, build and operate distributed clean energy projects that deliver energy savings and lasting value. For more information, visit https://luminia.io.

Forward-Looking Statements

Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Forward-looking statements in this release include, without limitation, statements regarding the ability to raise additional capital, manufacturing capacity, production timelines, market opportunity, revenue potential, supply collaboration frameworks and potential order volumes, the expected expansion of strategic collaborations, and future operations. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘may,’ ‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately’ or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under Item 1A. “Risk Factors” in the Company’s most recently filed Form 10-K filed with the Securities and Exchange Commission (“SEC”) and updated from time to time in its Form 10-Q filings and in its other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.

Contacts

NEOV Investors

Alliance Advisors IR

ir@neovolta.com 

NEOV Media

Email: press@neovolta.com
Phone: 800-364-5464

The post NeoVolta Receives $1.9 Million First Purchase Order from Luminia, Accelerating Commercial and Industrial Energy Storage Platform appeared first on NeoVolta.

San Diego, CA — February 17, 2026 — NeoVolta Inc. (NASDAQ: NEOV) (“NeoVolta” or the “Company”), a U.S.-based energy technology company delivering scalable energy storage solutions, today announced financial results for its second quarter fiscal 2026 ended December 31, 2025, and provided an update on transformational strategic initiatives that are positioning the Company as an integrated energy storage platform serving residential, commercial & industrial (C&I), and utility-scale markets.

Management Commentary

“This was a transformational quarter that sets NeoVolta up for the next phase of strong growth and positions us to capitalize on the massive market opportunity ahead,” said Ardes Johnson, Chief Executive Officer of NeoVolta. “We are rapidly approaching our goal of becoming a vertically integrated energy solutions provider capable of serving what we estimate to be a $45 billion combined addressable market across residential, C&I, and utility-scale segments by 2030.”

“Our strategy is coming together exactly as planned. We closed the Neubau Energy asset acquisition and are preparing to launch our innovative NVWAVE modular battery platform, which delivers faster installation times and enhanced margins. We advanced our proposed strategic collaboration with Luminia for up to 160 MWh of energy storage supply, representing approximately $39 million in potential equipment revenue. And most significantly, we launched our transformational U.S. battery manufacturing joint venture in Georgia. This plant is a 60% owned, 2 GWh facility that when completed will unlock domestic production for higher-margin utility and C&I markets while qualifying for tax incentives.”

Johnson continued, “Our integrated platform strategy creates multiple vectors of value creation. Residential provides brand strength and revenue stability. C&I represents the high-growth ‘missing middle’ where we believe there are significant near-term opportunities over the next 2 to 3 years. And utility-scale, to be enabled by our Georgia manufacturing JV, delivers the scale and margin profile to drive long-term shareholder value. These aren’t isolated initiatives. They’re deliberately interconnected levers that we believe will begin to de-risk our business model while expanding our market reach.”

Second Quarter Fiscal 2026 Financial Highlights

• Revenue: $4.6 million for Q2 FY2026, compared to $1.1 million for Q2 FY2025, representing growth of 334% year-over-year. Six-month revenue totaled $11.3 million, up 580% compared to $1.7 million in the prior year period.
• Revenue Growth Drivers: Year-over-year revenue acceleration was driven by continued expansion beyond the Company’s traditional Southern California installer base into multiple new geographic markets and distribution channels, while maintaining consistent pricing.
• Gross Profit: Gross profit for Q2 FY2026 was $0.8 million, or approximately 17% gross margin, compared to $0.3 million, or approximately 30% gross margin, in Q2 FY2025. Six-month gross profit was $2.3 million, or approximately 21% gross margin. The year-over-year margin compression primarily reflects strategic inventory investments and supply chain dynamics, partially offset by the reversal of a prior-year inventory obsolescence reserve in the comparable quarter.
• Operating Expenses: Operating expenses for Q2 FY2026 totaled $5.2 million, compared to $1.3 million in Q2 FY2025. The increase was primarily attributable to higher non-cash share‑based compensation of $2.1 million and ongoing investments in leadership and sales infrastructure, resulting in an elevated quarterly expense level as the Company resets its operating structure ahead of planned manufacturing expansion.
• Net Loss: Net loss for Q2 FY2026 was $(5.5) million, or $(0.16) per share, compared to $(1.0) million, or $(0.3) per share, in Q2 FY2025. Six month net loss was $(6.8) million, or $(0.2) per share. The increased loss during the second quarter includes higher share-based compensation expense for employees, board members and consultants of $2.1 million and non-operating charges of $1.1 million.

Strategic Transformation Update: Building an Integrated Energy Storage Platform

NeoVolta is executing on its vision to become an integrated energy storage platform serving three complementary market segments, each offering distinct strategic advantages:

Residential Platform: Provides brand visibility, channel diversification, and recurring revenue foundation through expanded installer partnerships and innovative financing models including Battery-as-a-Service (BaaS) and third-party ownership (TPO) structures.

Commercial & Industrial (C&I) Platform: Targets the underserved “missing middle” market with bundled EPC and financing solutions. The Company has advanced discussions for a pipeline exceeding 100 MW and views the C&I segment as a high-growth opportunity over the next 2 to 3 years.

Utility-Scale Platform: Enabled by the Company’s 60% owned Georgia manufacturing joint venture, that is expected to provide access to higher-margin utility-scale projects while meeting domestic content requirements for IRA qualification.

Key Strategic Milestones Achieved in Q2 FY2026

1. Neubau Energy Asset Acquisition Closed (October 2025)

NeoVolta completed the acquisition of substantially all assets of Neubau Energy Inc., including proprietary modular battery storage technology marketed as the NVWAVE (neuClick) platform. Key highlights:

• Faster Installation: Plug-and-play 10 to 15 kWh modules install in under 30 minutes, approximately 75% faster than traditional systems
• Scalable Architecture: Stackable to 60 kWh for residential and light C&I applications
• Enhanced Margins: Simplified U.S.-aligned production reduces labor costs and improves gross margins
• Leadership Integration: Appointed Amany Ibrahim as Chief Operating Officer and Thomas Enzendorfer as Chief Technology Officer
• Commercial Launch: Shipments began in January 2026 following successful pre-order campaign

2. Luminia Strategic Collaboration Advanced (December 2025)

NeoVolta advanced its proposed strategic framework with Luminia, a California-based energy storage project developer and financing platform, for supply collaboration of up to 160 MWh of battery energy storage systems. Key elements:

• Equipment Revenue Potential: Approximately $39 million in potential equipment revenue based on current market pricing
• C&I Market Entry: Luminia partnership provides turnkey EPC capabilities and project financing to accelerate C&I market penetration
• Factory Demand Visibility: Creates line-of-sight demand for Georgia manufacturing facility production
• Financing Innovation: Enables bankable energy solutions through Luminia’s established financing relationships

3. U.S. Battery Manufacturing Joint Venture Launched (January 2026)

NeoVolta formed NeoVolta Power, LLC, a 60% owned joint venture with U.S. affiliates of PotisEdge (battery manufacturing expertise) and LONGi Green Energy (global tier-1 solar and energy storage equipment supplier) to establish domestic BESS manufacturing in Pendergrass, Georgia. Key highlights:

• Capacity: 2 GWh planned initial annual production capacity, with potential scalability to 8 GWh
• Product Mix: Approximately 75% utility-scale and 25% C&I focus
• Tax Incentive Compliance: Fully FEOC-eligible for Section 45X Advanced Manufacturing Production Tax Credits and 48E Investment Tax Credit, with the ability to meet certain domestic content requirements
• Strategic Location: 210,600 sq. ft. facility along I-85 corridor for optimal logistics
• Production Timeline: Mass production currently targeted for mid-2026
• Governance: NeoVolta holds 60% controlling interest with 3 of 5 board seats

Strategic Rationale:

• De-risks supply chain with domestic manufacturing capabilities
• Unlocks access to higher-margin utility-scale and large C&I markets
• Positions Company to benefit from strong U.S.-made BESS demand driven by IRA incentives
• Creates potential for significant revenue scale at full utilization

Capital Structure and Financing Update

The Company has successfully executed a comprehensive capital plan to fund its strategic transformation while maintaining adequate working capital for core operations:

Recent Financing Transactions Completed:

Since December 2025, NeoVolta has raised approximately $23 million in gross proceeds through two equity financing transactions:

1. $13 Million Private Placement (December 2025 to January 2026): Anchored by Infinite Grid Capital (IGC), a strategic investor with deep expertise in energy infrastructure. Proceeds funded the Company’s initial $7 million joint venture contribution and provided approximately $6 million for working capital.
2. $10 Million Registered Direct Offering (January 2026): Closed with Needham & Company as exclusive placement agent, generating net proceeds of approximately $9.4 million for working capital and to position the Company to fund the April 30, 2026 milestone payment to the joint venture.

Joint Venture Capital Commitment Structure:

NeoVolta’s total committed capital contribution to the JV is structured in three distinct phases:

• Phase 1 (Completed): $7.0 million initial contribution, funded in January 2026
• Phase 2 (April 30, 2026): $8.0 million second milestone contribution
• Phase 3 (At Commissioning): $10.0 million via Asset Purchase Agreement with JV partner

Additionally, the joint venture operating agreement provides for up to $15 million in discretionary contributions through June 30, 2027, if needed to support expanded capacity or accelerated growth initiatives.

Strong Financing Position for Phase 2 Milestone:

With approximately $16 million in working capital following the recent financing transactions and initial JV contribution, NeoVolta believes it is positioned to meet its $8 million Phase 2 funding obligation due April 30, 2026, while maintaining liquidity for core business operations. The Company continues to evaluate strategic financing alternatives, including project financing and equipment financing, to fund the Phase 3 Asset Purchase Agreement payment at commissioning.

De-Risking Capital Plan:

“We’ve made significant progress de-risking our joint venture financing obligations while strengthening our balance sheet,” Johnson noted. “The two financing transactions we completed, totaling $23 million in gross proceeds, successfully funded our initial $7 million JV commitment and effectively position us to meet the $8 million April milestone. This disciplined approach ensures we can simultaneously invest in our transformational manufacturing platform while supporting the working capital needs of our rapidly growing core business.”

Joint Venture Progress Update: Key Milestones and Timeline

The NeoVolta Power, LLC manufacturing facility is progressing with the following targeted key milestones:

• Equipment Acquisition & Installation: Q1 to Q2 CY2026
• Production Line Commissioning: Q2 CY2026
• Mass Production Ramp: Mid-2026 targeted
• Automotive-Grade Operations: IATF 16949-certified production line
• Workforce: Approximately 89 production personnel (single shift, 8 hours/day) at initial capacity
• Initial Products: Utility-scale (NVGain-215K6.25, NVApex-372) and C&I systems (NVApex-5M, NVGain-125K233)
• Future Expansion: Pouch cell assembly capability planned for 2027

Industry Partnership Validation:

“Our partnership with PotisEdge and LONGi brings world-class battery manufacturing expertise and global supply chain relationships to NeoVolta,” Johnson said. “These partnerships significantly de-risk the technical execution of the facility while providing access to best-in-class equipment and processes. The interest we’re seeing from potential customers validates the market demand for domestically manufactured, IRA-compliant BESS solutions.”

Leadership Update

During the quarter, the Company made a planned change in its Chief Product Officer role.

“We recently made a planned decision regarding our Chief Product Officer role, driven by the next phase of our execution strategy,” Johnson stated. “I want to be very clear: our product strategy is unchanged, our development timelines are intact, and our manufacturing and commercialization plans are proceeding exactly as outlined.”

“Product leadership at NeoVolta is deeply institutionalized across our engineering, operations, and manufacturing teams. Over the past year, we have intentionally built depth and redundancy so that execution does not hinge on any single individual. In the near term, product responsibilities are being overseen by senior leadership, and we are evaluating the right long-term structure to support our expansion across residential, C&I, and utility-scale platforms.”

“Importantly, this change does not affect customer deliveries, regulatory timelines, or our joint venture manufacturing plans. We remain fully focused on execution and scale.”

Conference Call Information

NeoVolta will host a conference call today, February 17, 2026, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss second quarter fiscal 2026 results and provide a business update.

Dial-in Information:

• Date: Tuesday, February 17, 2026
• Time: 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time)
• Phone: +1 (201) 389-0908
• Webcast: Available at www.neovolta.com/investors

A telephonic replay will be available from 2:00 p.m. ET on February 17, 2026 through Tuesday, March 3, 2026. To listen to the archived call, dial +1 (412) 317-6671 and enter replay PIN 13758524.

About NeoVolta

NeoVolta is an innovator in energy storage solutions dedicated to advancing reliable, high-performance power infrastructure for residential, commercial, and utility applications. With a focus on scalable technology, domestic manufacturing, and strategic partnerships, NeoVolta is positioned to support the accelerating transition toward resilient energy systems.

For more information, visit www.neovolta.com.

Forward-Looking Statements

Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Forward-looking statements in this release include, without limitation, statements regarding the ability to raise additional capital, manufacturing capacity, production timelines, market opportunity, revenue potential, future operations, expansion into C&I and utility-scale markets, anticipated benefits from the Neubau Energy asset acquisition and NVWAVE platform, expected outcomes from the Luminia relationship, the Georgia manufacturing joint venture including targeted commissioning dates, production capacity, IRA qualification and potential scalability, gross margin expectations, the Company’s ability to meet joint venture capital contribution obligations, and the sufficiency of working capital. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘may,’ ‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately’ or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under Item 1A. “Risk Factors” in the Company’s most recently filed Form 10-K filed with the Securities and Exchange Commission (“SEC”) and updated from time to time in its Form 10-Q filings and in its other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.

Contacts

NEOV Investors

Alliance Advisors IR

ir@neovolta.com 

NEOV Media

Email: press@neovolta.com
Phone: 800-364-5464

The post NeoVolta Reports Second Quarter Fiscal 2026 Financial Results and Provides Strategic Update on Transformation to Integrated Energy Solutions Platform appeared first on NeoVolta.

The post NeoVolta Provides Financing Update on Transformational Battery Manufacturing Joint Venture appeared first on NeoVolta.

The post NeoVolta Announces Timing of Second Quarter Fiscal 2026 Earnings Release and Inaugural Conference Call appeared first on NeoVolta.

The post NeoVolta Announces $10 Million Equity Offering appeared first on NeoVolta.

The post NeoVolta to Present and Host One-on-One Investor Meetings at Sidoti January Micro-Cap Virtual Investor Conference appeared first on NeoVolta.

The post NeoVolta Launches U.S. Battery Manufacturing Platform appeared first on NeoVolta.