Neovolta Stock Price, News & Analysis

NeoVolta (NASDAQ: NEOV) announced the upcoming launch of its new NV16kW AC hybrid inverter at the RE+ 2025 trade show in Las Vegas. The system features a 24kW PV input capacity and 16kW AC input, designed for whole-home backup power solutions.

The new inverter, available nationwide from November 2025, offers generator input, compatibility with existing solar systems, and both AC/DC coupling capabilities. When paired with NeoVolta's NV+ 10.2kWh stackable battery, it creates the most powerful single-manufacturer inverter-and-battery combination in the market. The system is certified for both indoor and outdoor installations, supporting on-grid and off-grid configurations.

NeoVolta (NASDAQ: NEOV), a U.S.-based energy technology company, has announced preliminary results for its fiscal fourth quarter, projecting its third consecutive record-breaking quarter with estimated revenue of $5 million.

The company expects its full-year revenue for fiscal 2025 to increase by more than 225% compared to fiscal 2024, significantly outpacing the industry's typical 20% annual growth rate. This remarkable growth, approximately ten times the industry average, demonstrates strong demand for NeoVolta's American-assembled battery systems.

CEO Ardes Johnson highlighted the company's successful scaling of production and market share capture, attributing growth to product differentiation and operational momentum in the residential energy storage market.

NeoVolta Inc. (NASDAQ: NEOV) has achieved a significant milestone with distributor purchase orders exceeding $3 million in a single quarter, marking the highest quarterly total from the channel in company history. The orders came from three major U.S. solar and energy equipment distributors, indicating growing market acceptance for NeoVolta's LFP-based energy storage systems. The company's products feature both AC and DC flexibility and are designed for straightforward installation. This surge in distributor orders demonstrates expanding national demand through established installer networks, complementing direct sales channels. NeoVolta is also seeing strong momentum in markets like Puerto Rico, where grid instability and rising electricity costs drive demand for energy storage solutions.

NeoVolta has announced a remarkable sales milestone, with projected April 2025 revenue exceeding $2 million - surpassing the company's entire first quarter 2025 revenue estimate. This achievement follows a strong Q1 2025 performance that saw a 600% year-over-year increase.

The energy storage solutions provider's growth is driven by:

• Expanding installer network
• Rapid market penetration in Texas
• Strengthened distribution channels
• Rising demand for backup power solutions

CEO Ardes Johnson views this record-breaking performance as just the beginning of their growth trajectory. The company's expansion is supported by increasing grid instability concerns, rising energy costs, and weather-related disruptions. Final Q1 2025 financial results are expected in May 2025.

NeoVolta Inc. (NASDAQ: NEOV) reported significant expansion in Texas, successfully onboarding over 10% of the state's solar installers as certified dealers in a single quarter. The company's growth aligns with Texas's rapidly expanding battery storage market, which reached 6,200 megawatts of installed capacity by end of 2024.

The company announced a strategic distribution partnership with Dallas-based Solartek Distributors to enhance its market presence and accelerate deployment and training for Texas-based installers. This expansion comes as Texas experiences increasing demand for energy security solutions amid rising costs and weather-related grid challenges.

NeoVolta (NASDAQ: NEOV) announces a strategic partnership with Virtual Peaker, a virtual power plant software company, to enhance grid resilience and accelerate distributed energy resources adoption. The collaboration integrates NeoVolta's battery energy storage systems with Virtual Peaker's AI-powered virtual power plant (VPP) platform.

Virtual Peaker's platform optimizes batteries as distributed energy resources to maximize energy savings and improve grid reliability. The partnership enables AI-driven energy management for both homeowners and utilities, allowing energy consumers to actively participate in the energy ecosystem. The platform facilitates peak demand management, time-of-use optimization, and enhanced grid reliability through real-time optimization of NeoVolta's residential systems.

NeoVolta Inc (NASDAQ: NEOV) projects record-breaking quarterly sales exceeding $2 million for Q1 2025, representing a 600% increase year-over-year. This milestone marks the company's highest revenue achievement to date.

The energy technology company's growth is attributed to increasing demand for sustainable home energy solutions and the early success of a new product offering through select installation partners. NeoVolta has reported four consecutive quarters of sales growth, supported by market expansion efforts over the past six months.

The company specializes in advanced energy storage systems that help customers reduce grid dependency, lower electricity costs, and maintain power during outages. A broader product rollout is planned for late spring 2025, with full financial results expected in May 2025.

NeoVolta Inc. (NASDAQ: NEOV) has appointed Michael Mendik, PhD, MBA, as its new Chief Operating Officer. Mendik joins from GoodWe, where he served as Country Manager/General Manager for North America, bringing over two decades of experience in international business management and renewable energy sector.

In his new role, Mendik will oversee NeoVolta's operations, including sales, marketing, product management, and customer service. He will focus on driving operational efficiencies, enhancing customer experience, and leading growth initiatives.

Mendik holds a PhD in Natural Sciences and a master's degree in Physics from the Swiss Federal Institute of Technology, Zurich, an MBA from Robert Morris University, and is credited with 14 patents. He is multilingual, speaking English, German, French, and Czech.

NeoVolta Inc. (NASDAQ: NEOV) has completed phase one of its $250M loan application from the U.S. Department of Energy Title 17 Loan Program and received approval to proceed with phase two technical due diligence. The company plans to establish a state-of-the-art manufacturing facility capable of employing over 150 workers and create regional deployment centers nationwide. The facility will focus on domestic battery cell technology production and inverter assembly. NeoVolta has received offers from 23 state economic development agencies, including various grants for expansion and development. The DOE loan program, offering interest rates as low as 0.0375%, typically takes 12 months to complete.