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NextNRG Inc. (NXXT) delivers innovative renewable energy solutions through AI-powered microgrids and mobile fueling services. This news hub provides investors and industry professionals with essential updates on strategic developments, financial performance, and technological breakthroughs.
Track official announcements including quarterly earnings reports, partnership agreements with logistics providers, and advancements in solar energy integration. Discover updates on wireless EV charging deployments, smart energy storage systems, and commercial fleet service expansions.
Our curated news collection enables efficient monitoring of NextNRG's dual focus: modernizing traditional fuel logistics while pioneering sustainable infrastructure solutions. Access timely updates on regulatory developments, market expansions, and energy management innovations that impact the company's position in the renewable sector.
Bookmark this page for direct access to verified press releases and objective analysis of NextNRG's progress in merging clean energy technologies with essential fuel delivery operations.
NextNRG (Nasdaq: NXXT) has completed a strategic financial restructuring that reduces its monthly cash burn by approximately $1 million. The restructuring involves two key transactions:
1. A debt conversion agreement converting existing debt to 1,081,395 shares of restricted common stock at $2.15 per share (premium to market)
2. Refinancing of high-cost short-term debt with an 8-month $2 million note
The issued shares have a six-month lock-up period. The restructuring aims to improve cash flow and provide financial stability as the company expands its AI-driven energy platform across multiple sectors.
NextNRG (NASDAQ: NXXT) has signed a letter of intent to develop smart microgrid systems for two Los Angeles healthcare facilities under 28-year Power Purchase Agreements (PPAs). The company will design, build, own, and operate comprehensive energy infrastructure for Sunnyside Nursing and Post-Acute Care at $0.25/kWh and Topanga Terrace Rehabilitation & Subacute at $0.22/kWh, both with 2% annual escalators through 2053.
Each facility will feature up to 830 kWh DC solar capacity and 2.2 MWh battery storage. The systems will be powered by NextNRG's proprietary Utility Operating System and SmartGrid technology. The company estimates its Total Addressable Market (TAM) in healthcare microgrids at $3.2 billion annually, potentially reaching $7-8 billion by early 2030s.
NextNRG reported preliminary May 2025 revenue of $6.6 million, representing 148% year-over-year growth.
NextNRG (NASDAQ:NXXT), an AI-driven energy innovation company, reported exceptional preliminary results for June 2025, marking its sixth consecutive record month. The company achieved $6.98 million in revenue, representing a remarkable 231% year-over-year growth and delivered over 2.04 million gallons, up 270% from the previous year.
Year-to-date revenue through June reached $35.87 million, already surpassing full-year 2024 revenue by 33%. The company is expanding operations across six U.S. states with 144 active fuel delivery trucks and is set to acquire ReFuel Mobile in Canada by August 1, 2025, positioning NextNRG to achieve a $100 million revenue run-rate and profitability in 2026.
NextNRG (NASDAQ: NXXT), a pioneer in AI-driven energy solutions, has appointed Gary M. Goldfarb as Chairman of its newly formed Strategic Advisory Board. Goldfarb, currently Chairman of The World Trade Center Miami and Chief Strategy Officer at Interport Logistics, brings over 50 years of experience in global logistics and supply chain innovation.
The company's technology portfolio includes wireless charging systems for industrial equipment and smart microgrid solutions for commercial facilities. Under the agreement, Goldfarb and his firm will advise on commercialization strategy, market entry planning, and strategic partner engagement, particularly in the logistics, manufacturing, and distribution sectors.
NextNRG (NASDAQ: NXXT) has signed a letter of intent to acquire ReFuel Mobile, a leading Canadian mobile fueling company, marking its first international expansion. ReFuel, ranked #36 on Globe and Mail's fastest-growing companies with 1,166% three-year revenue growth, serves commercial and industrial clients across Ontario.
The acquisition terms include purchasing 100% of ReFuel's stock, payable in cash or NextNRG restricted common stock, with closing expected by August 1, 2025. ReFuel's AWS-hosted software platform will integrate with NextNRG's technology infrastructure, enhancing service delivery efficiency.
NextNRG has shown strong performance with May 2025 revenue of $6.6 million, representing 148% year-over-year growth. Year-to-date revenue through May reached $28.89 million, already exceeding full-year 2024 revenue of $27 million. The company projects forward 12-month revenues of $100 million following this strategic addition.
NextNRG (NASDAQ: NXXT), an AI-driven energy innovation company, reported exceptional preliminary financial results for May 2025. The company achieved record revenue of $6.6 million, marking a 148% increase year-over-year.
Year-to-date revenue through May 2025 reached $28.89 million, already surpassing the full-year 2024 revenue of $27 million. This marks NextNRG's fifth consecutive record month, driven by expanding operations, increasing partner demand, and strong adoption from commercial fleets. The company is preparing to deploy its Next Utility Operating System®, AI-powered microgrid systems, and wireless EV charging products in key markets.
NextNRG (NASDAQ: NXXT) reported strong preliminary unaudited financial results for April 2025, with revenues reaching $5.82 million, marking a 154% increase year-over-year. The company delivered 1.78 million gallons of fuel, representing a 207% growth compared to the previous year.
The robust performance was driven by volume growth, expansion into Oklahoma, and increased demand from national fleet clients using NextNRG's on-demand fueling platform. The company specializes in AI-driven energy innovation, offering solutions including a Utility Operating System, smart microgrid technology, wireless EV charging, and mobile fuel delivery services.