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NeoVolta Signs $116M Master Purchase Agreement to Deliver Battery Energy Storage Systems in 2027

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Sentiment and the balance of points

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NeoVolta (NASDAQ: NEOV) announced that its majority-owned subsidiary, NeoVolta Power, signed a $116 million master purchase agreement for battery energy storage systems.

The counterparty is an energy solutions provider, with product deliveries scheduled for 2027. NeoVolta said the agreement provides a base of contracted business and greater visibility into near-term manufacturing activity. The company expects the purchase orders to support its manufacturing ramp in Pendergrass, Georgia, as it expands domestic energy storage production.

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2 points · 1 major

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Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

0 major · 0 points

Hollow bars mark forward-looking points. How the balance works

Positive

  • Major point. Forward-looking: it has not happened yet and may not happen.$116 million master purchase agreement signed by majority-owned NeoVolta Power, with battery storage deliveries scheduled for 2027. 69% of market cap
  • Minor point. Forward-looking: it has not happened yet and may not happen.Pendergrass, Georgia manufacturing ramp is expected to receive support from the purchase orders as NeoVolta expands domestic production.

Negative

  • None.
Argus 15 min delay 12 alerts
+6.95% vs previous close $3.05 last price 7.4x rel. volume Open Argus
Details

Market move: NEOV +6.95% vs previous close. 2027 contract award

$2.85 – $3.05 Day Range
$180.16M Mkt Cap at Last Price

On Nov 13, the day this news came out, the latest delayed price for NEOV is 6.95% above the previous close. Our momentum scanner has recorded 12 alerts for this stock so far that day. The latest delayed price is $3.05. Relative volume is exceptionally heavy at 7.4x what this stock usually trades by this time of day.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Master purchase agreement: $116M Scheduled deliveries: 2027
Master purchase agreement
$116M
Entered into by NeoVolta Power with an energy solutions provider
Scheduled deliveries
2027
Battery energy storage systems under the agreement

Key Terms

battery energy storage systems (bess)
1 terms
battery energy storage systems (bess) technical
"supply FEOC-compliant battery energy storage systems (BESS)"
Battery energy storage systems (BESS) are large installations that store electricity in batteries and release it when needed, like a giant rechargeable battery for the power grid. They matter to investors because they help smooth out supply and demand, support more renewable energy, and create new revenue streams (selling stored power, providing backup and stability), which can change utility costs, business models, and the value of energy-related companies.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Major Commercial Milestone Signals Beginning of a New Growth Phase for NeoVolta’s U.S. Manufacturing Operations

SAN DIEGO, Nov. 13, 2026 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) (“NeoVolta” or the “Company”), a U.S.-based energy technology company delivering scalable energy storage solutions, today announced that its majority-owned subsidiary, NeoVolta Power, LLC (“NeoVolta Power”), has entered into a $116M master purchase agreement with a leading energy solutions provider.

Under the agreement, NeoVolta Power will supply FEOC-compliant battery energy storage systems (BESS), with product deliveries scheduled for 2027. The agreement establishes a substantial base of contracted business, providing increased visibility into NeoVolta’s near-term manufacturing activity and supporting the Company’s continued commercial expansion.

The purchase orders would provide a substantial foundation for NeoVolta’s manufacturing ramp in Pendergrass, Georgia, supporting increased production volumes as the Company expands its domestic energy storage operations. As demand for FEOC-compliant domestic supply chains continue to grow, NeoVolta believes its U.S. manufacturing capabilities position the Company to play an increasingly important role in the rapidly expanding energy storage market.

“Securing this $116 million dollar agreement represents a major milestone for NeoVolta, and we believe this is only the beginning of a much larger growth trajectory for our company,” said Ardes Johnson, Chief Executive Officer of NeoVolta. “As we scale production in Georgia and fulfill these commitments, we are building the foundation for rapid, sustained growth while positioning NeoVolta to meet the accelerating demand for domestically manufactured battery energy storage systems and become one of the leading U.S. suppliers in the industry.”

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

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the value of expected purchase orders set forth in this release and fulfillment of such orders, manufacturing activities, delivery schedules, FEOC compliance, commercial expansion, production scaling, market opportunities, and future growth. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, and actual results may differ materially. Factors that could cause actual results to differ include, among others, risks related to the Company’s manufacturing ramp and facility commissioning, joint venture execution, customer order conversion, residential market conditions, changes in federal tax policy or IRA incentive programs, availability and terms of additional financing, and access to capital, as well as other factors described in the Company’s filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company undertakes no obligation to update any forward-looking statements, except as required by law.

Contacts

NEOV Investors
Bryan Baritot
Alliance Advisors IR
ir@neovolta.com

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


FAQ

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What is NeoVolta's $116 million battery storage agreement and when are deliveries scheduled?

NeoVolta's majority-owned subsidiary, NeoVolta Power, signed a $116 million master purchase agreement to supply battery energy storage systems to an energy solutions provider. Product deliveries are scheduled for 2027.

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