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NOMAD Power Solutions (Nasdaq: NMAD), through its subsidiary NOMAD Transportable Power Systems, announced that its 1 MW / 2 MWh Traveler battery energy storage system has achieved UL 9540 certification, a key safety standard for energy storage systems and equipment.
The certified, transportable Traveler unit has been delivered to Missanabie Cree First Nation in Northern Ontario for its first commercial deployment. The system is intended to provide rapidly deployable power for emergency shelters, medical services, communications and other critical infrastructure, and can be paired with local energy resources to reduce reliance on diesel-powered equipment.
Designed for mobility, a Traveler system can be relocated between sites, respond to load changes in approximately 8 milliseconds, and support applications such as emergency resilience, utility peak-shaving, temporary infrastructure, renewable-energy integration and backup power for critical facilities and data centers across North America.
NOMAD Power Solutions (Nasdaq: NMAD) filed its Form 10-Q for the quarter ended June 30, 2026, with the SEC and provided a business update. The filing reflects the legacy LIXTE Biotechnology operations only and excludes historical results of recently acquired NOMAD Transportable Power Systems.
After quarter-end, the company changed its name to NOMAD Power Solutions, entered the AI energy infrastructure sector, and completed the acquisition of NOMAD Transportable Power Systems, a provider of deployable, utility-grade battery energy storage systems (BESS). NOMAD added Denham Capital’s founder Stuart D. Porter to its board, strengthened the operating subsidiary’s leadership team, launched the third generation Voyager mobile BESS platform with over 50% higher energy capacity, and sold two commercial BESS units to Kansas utility DSO Electric Cooperative. NOMAD was added to the Russell Microcap Index in June and its common stock became optionable on the Cboe Options Exchange under the symbol NMAD.
NOMAD Power Solutions (Nasdaq: NMAD) announced that its common stock is now listed for options trading on the Cboe Options Exchange under the symbol NMAD. The company’s common stock will continue to trade on the Nasdaq Stock Market under the same ticker.
According to NOMAD, options on its shares will offer a full range of standard expiration dates and strike prices. Management believes this development can increase visibility among institutional and retail investors, enhance liquidity, and provide additional tools to manage risk and leverage equity positions.
NOMAD Power Solutions (Nasdaq: NMAD) announced that Kansas-based DSO Electric Cooperative has placed two customer-owned NOMAD Traveler battery energy storage systems into ongoing seasonal operation. The decision follows a 2025 peak-shaving pilot that projected over $100,000 in seasonal demand charge savings, after which DSO purchased the two units.
The mobile BESS units are now part of DSO’s peak-demand management strategy, aimed at reducing wholesale power costs and adding flexible, rapidly deployable grid capacity. According to NOMAD, the systems were integrated into DSO’s distribution network in less than one day with minimal site preparation and can be redeployed as system needs change.
NOMAD highlights additional use cases for its transportable systems, including planned maintenance, temporary substation capacity, emergency response, storm restoration, renewable integration, and supporting rising demand from AI and hyperscale data centers.
Nomad Power Solutions (Nasdaq: NMAD) appointed Huda Almashhadany as Chief of Product & Vice President of Operations and Brian Dockendorf as Director of Service at subsidiary Nomad Transportable Power Systems.
Almashhadany will oversee product strategy, engineering and operations, while Dockendorf will lead commissioning, field operations and lifecycle customer support, supporting commercialization of transportable utility-grade battery energy storage systems across North America amid growing demand and an expanding commercial pipeline.
NOMAD Power Solutions (Nasdaq: NMAD) launched the third-generation Voyager mobile energy storage fleet, increasing usable capacity without changing footprint or power.
Voyager Eagle and Falcon now provide 2.025 MWh each (up 56%), and Voyager Hawk 1.0 MWh (up 51%), supporting longer runtimes for data centers, disaster response, and industrial loads.
NOMAD Power Solutions (Nasdaq: NMAD), formerly LIXTE Biotechnology (Nasdaq: LIXT), completed its corporate name change and will begin trading under NMAD on July 6, 2026. Trading under LIXT ended July 2, 2026.
The new identity reflects a strategic shift into AI energy infrastructure equipment and services following the acquisition of NOMAD Transportable Power Systems. NOMAD offers patented, mobile, utility-grade battery energy storage systems serving AI and hyperscale data centers, utilities, industry, government and critical infrastructure via sales, rentals and Energy-as-a-Service. The company no longer plans to operate in its legacy life sciences market and is exploring options to sell or merge those assets.