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$NEOV

NeoVolta Inc.

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MAR 27·SolarQuarterHigh

NeoVolta Inc. Secures First $1.9 Million Order From Luminia LLC, Advancing Sustainable C&I Battery Storage Deployment

NeoVolta Inc. has received its first commercial purchase order from Luminia LLC, valued at approximately $1.9 million for 40 units of its NVGAIN-125K261 battery storage system. This order reinforces a strategic supply collaboration between the two companies, signaling NeoVolta's significant entry into the commercial and industrial (C&I) energy storage market. The partnership is expected to drive consistent demand for NeoVolta's certified, domestically sourced solutions as its Georgia manufacturing facility ramps up production in mid-2026.

FEB 17·Solarbytes

NeoVolta updates fiscal 2026 financial performance

NeoVolta Inc. reported a significant increase in Q2 FY2026 revenue, reaching $4.6 million, a 334% growth attributed to higher residential inverter and energy storage system sales. The company also saw its six-month revenue rise to $11.3 million and made progress on its NeoVolta Power joint venture in Georgia, targeting mass production by mid-2026. To support growth, NeoVolta raised approximately $23 million through private placement and a registered direct offering.

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