NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It offers NV14 and NV 24 energy storage systems to store and use energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors. NeoVolta Inc. was founded in 2018 and is headquartered in Poway, California.
IPO Year:
Exchange: NASDAQ
Website: https://www.neovolta.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/14/2022 | $10.00 | Buy | Maxim Group |
SAN DIEGO, April 29, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ:NEOV), a U.S.-based energy technology company delivering scalable energy storage solutions for resilient residential and commercial power infrastructure, today announced that, based on preliminary internal estimates, April 2025 revenue is projected to exceed $2 million — surpassing the company's total estimated revenue for the entire first quarter of 2025. NeoVolta previously projected unaudited first quarter revenue exceeding $2 million, representing a year-over-year increase of more than 600%. Now, just one month later, April alone is projected to outperform that milestone — signaling a powerful acceleration in demand a
SAN DIEGO, April 23, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ:NEOV), U.S.-based energy technology company delivering scalable storage for resilient residential and commercial power infrastructure, today announced unprecedented growth in Texas. "Texas is a key market for us, and with new product introduction in the last quarter, we've onboarded over 10% of Texas's solar installers as NeoVolta Certified Dealers," said Ardes Johnson, CEO of NeoVolta. "This momentum reflects how strongly homeowners are seeking more control over their energy use and resilience during outages." Texas, now one of the fastest-growing battery storage markets in the U.S., surpassed 6,200 megawatts of ins
SAN DIEGO, April 11, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a U.S.-based energy technology company delivering scalable storage, for resilient residential and commercial power infrastructure, is pleased to share that its strategic partner, Virtual Peaker, a leading virtual power plant software company, has officially announced the companies' collaboration to enhance grid resilience and accelerate the adoption of distributed energy resources. Virtual Peaker's AI-powered platform optimizes batteries as distributed energy resources (DERs) to maximize energy savings and improve grid reliability. The announcement, published by Virtual Peaker earlier this week, details the integr
SAN DIEGO, March 27, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV), a U.S.-based energy technology company delivering scalable storage, for resilient residential and commercial power infrastructure, today announced that it anticipates record-breaking quarterly sales, with unaudited revenue expected to exceed $2 million for the first time in the company's history — an increase of over 600% over the same period last year. This significant milestone reflects the soaring demand for sustainable home energy solutions and NeoVolta's ongoing commitment to delivering innovative, high-performance products. "We're proud to project anticipated revenue exceeding $2 million this quarter," said
Technical Due Diligence Approved for $300M to Expand U.S. Manufacturing SAN DIEGO, Feb. 25, 2025 /PRNewswire/ -- NeoVolta Inc. (NASDAQ:NEOV) ("NeoVolta"), a leading innovator in energy storage solutions, announced today that it has completed phase two of its loan application for $300M from the U.S. Department of Energy (DOE) Title 17 Loan Program (LPO) and has been approved to proceed the conditional commitment phase, which will include negotiating a term sheet and a site visit with the U.S. Department of Energy. NeoVolta will produce residential and commercial BESS products a
SAN DIEGO, Jan. 7, 2025 /PRNewswire/ -- NeoVolta Inc. (NASDAQ:NEOV) ("NeoVolta"), a leading innovator in energy storage solutions, is pleased to announce the appointment of Michael Mendik, PhD, MBA, as its new Chief Operating Officer (COO). With a distinguished career spanning over two decades in international business management, strategy, and development, Michael brings a wealth of experience and a proven track record of driving profitability and growth in the renewable energy sector. Michael Mendik joins NeoVolta from GoodWe, where he served as Country Manager/General Manag
SAN DIEGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ:NEOV) ("NeoVolta"), a leading innovator in energy storage solutions, is excited to announce the execution of a non-binding letter of intent ("LOI") with Expion360 Inc. (NASDAQ:XPON) ("Expion360"), a renowned expert in battery design and engineering, and an industry leader in lithium-ion battery power storage solutions. The LOI provides the framework for a potential collaboration that aims to leverage the parties' shared resources to engineer a state-of-the-art battery manufacturing facility and develop innovative lithium-ion battery cell and module product designs, marking a significant milestone in the production of Ameri
In the news release, NeoVolta $250M Loan Application Part One Approved by the U.S. Department of Energy Loan Program, issued Nov. 13, 2024 by NeoVolta over PR Newswire, we are advised by the company that the NeoVolta ticker symbol (NASDAQ:NEOV) should have been included after NeoVolta in the first sentence, first paragraph, and was omitted inadvertently. The complete, corrected release follows: NeoVolta $250M Loan Application Part One Approved by the U.S. Department of Energy Loan Program Company Enters Technical Due Diligence for $250M to Expand U.S. Manufacturing SAN DIEGO, Nov. 13, 2024 /PRNewswire/ -- NeoVolta (NASDAQ:NEOV), a leading innovator in energy storage solutions, announced t
SAN DIEGO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:NEOV), NeoVolta Inc., a leading innovator in energy storage solutions, announced today that it has completed phase one of its loan application for $250M from the U.S. Department of Energy (DOE) Title 17 Loan Program (LPO) and has been approved to proceed with phase two technical due diligence. To meet domestic content requirements for commercial grade Battery Electric Storage Systems (BESS) and other components, the company will establish a state-of-the-art manufacturing facility that can accommodate more than 150 high-paid employees. Additionally, NeoVolta will establish regional deployment and support centers to meet growing demand
SAN DIEGO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:NEOV), NeoVolta Inc., a leading innovator in energy storage solutions, in partnership with Barrio Eléctrico, a Puerto Rico-based nonprofit organization, proudly executed the first installation of the NeoVolta NV24 battery storage systems in Puerto Rico. This milestone marks Barrio Eléctrico's 100th installation and fourth installation under the U.S. Department of Energy's (DOE) Puerto Rico Energy Resilience Fund, underscoring the impactful collaboration aimed at providing reliable and sustainable energy solutions to Puerto Rican families. NeoVolta's CEO and team were on-site to ensure a smooth and successful installation, demonst
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SAN DIEGO, Jan. 7, 2025 /PRNewswire/ -- NeoVolta Inc. (NASDAQ:NEOV) ("NeoVolta"), a leading innovator in energy storage solutions, is pleased to announce the appointment of Michael Mendik, PhD, MBA, as its new Chief Operating Officer (COO). With a distinguished career spanning over two decades in international business management, strategy, and development, Michael brings a wealth of experience and a proven track record of driving profitability and growth in the renewable energy sector. Michael Mendik joins NeoVolta from GoodWe, where he served as Country Manager/General Manag
SAN DIEGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ:NEOV) ("NeoVolta"), a leading innovator in energy storage solutions, is excited to announce the execution of a non-binding letter of intent ("LOI") with Expion360 Inc. (NASDAQ:XPON) ("Expion360"), a renowned expert in battery design and engineering, and an industry leader in lithium-ion battery power storage solutions. The LOI provides the framework for a potential collaboration that aims to leverage the parties' shared resources to engineer a state-of-the-art battery manufacturing facility and develop innovative lithium-ion battery cell and module product designs, marking a significant milestone in the production of Ameri
SAN DIEGO, April 24, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:NEOV) – NeoVolta Inc., a San Diego-based leader in smart energy storage solutions, is thrilled to announce the appointment of Ardes Johnson as its new Chief Executive Officer. Mr. Johnson will officially assume his new role on April 29, 2024, bringing with him a wealth of experience and a proven track record of transformative leadership in the energy sector. His predecessor, Brent Willson, Founder and CEO of NeoVolta, will continue his role as Chairman of the Board and now serve as CTO. "Ardes' impressive track record in the energy sector, particularly his transformative role at Tesla, aligns perfectly with NeoVolta's mission to inno
The leader in EV charging expects 4,000 sockets to be operational in 2023 BRENTWOOD, Tenn., Dec. 22, 2022 /PRNewswire/ -- EOS Linx, an owner and operator of a growing national, solar-supported electric vehicle (EV) charging network committed to advancing an EV lifestyle-based solution through advanced edge technology and user-focused functionality, significantly increased its footprint in only its second year of operation, marking 2600% growth in 2022. Charging infrastructure is required to meet the increasing demand for EVs — nearly 10% of vehicles are estimated to be electric by 2030 — and EOS Linx has expanded its presence through a variety of measures to provide drivers and communities w
Maxim Group initiated coverage of NeoVolta with a rating of Buy and set a new price target of $10.00
SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:NEOV) – NeoVolta Inc., a San-Diego based leader in Smart Energy Storage Solutions, today announced that its partner, EOS Linx increased its EV deployments by 150% in 2023. "We are pleased to see our partnership with EOS Linx pay dividends as we expected," said Brent Willson, CEO at NeoVolta Inc. "While the NV-14 is known as providing safe and powerful energy storage for homes, we recognize the need to serve roadside charging networks to match the growing EV-driving audience." Tennessee-based EOS Linx has been making waves recently thanks to the high deployment rates of its EV charging network. EOS utilizes NeoVolta NV-14 technology i
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