STOCK TITAN

NextNRG Expands Mobile Fueling Operations to Fort Myers, Florida

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

NextNRG (NASDAQ: NXXT) has launched a new mobile fueling operations hub in Fort Myers, Florida, expanding its presence along Florida's Gulf Coast. The strategic location targets high-volume e-commerce distribution centers and commercial fleet operations in the region.

The expansion aligns with NextNRG's growth strategy of establishing anchor commercial clients while building local customer networks around each hub. The company reports accelerated growth in 2025, with revenues exceeding previous year's performance and projections indicating record results by fiscal year-end.

Loading...
Loading translation...

Positive

  • Company reports revenue growth surpassing previous year's figures
  • Strategic expansion into Fort Myers targets high-volume e-commerce distribution centers
  • Operational growth maintains efficiency while scaling operations
  • Projections indicate record performance by fiscal year-end

Negative

  • None.

News Market Reaction 9 Alerts

+6.01% News Effect
+8.7% Peak in 25 hr 51 min
+$15M Valuation Impact
$267M Market Cap
1.5x Rel. Volume

On the day this news was published, NXXT gained 6.01%, reflecting a notable positive market reaction. Argus tracked a peak move of +8.7% during that session. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $15M to the company's valuation, bringing the market cap to $267M at that time.

Data tracked by StockTitan Argus on the day of publication.

Fort Myers expansion establishes fully operational hub in region with high-volume e-commerce distribution centers, strengthening NextNRG's position as Florida Gulf Coast's leading mobile fueling provider

MIAMI, Oct. 01, 2025 (GLOBE NEWSWIRE) -- NextNRG (NASDAQ: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced the launch of its mobile fueling operation’s newest hub in Fort Myers, Florida, further extending its nationwide footprint. The expansion establishes a fully operational presence in a region home to major e-commerce distribution centers supporting national fulfillment networks, positioning NextNRG to serve the area's growing commercial demand.

NextNRG's entry into the region positions the company to serve both large commercial clients and a growing network of local businesses, supporting continuous operations that keep fleets, generators, and equipment running efficiently.

The Fort Meyer’s hub reflects NextNRG's nationwide growth strategy: anchoring large commercial clients while expanding a local customer base around each hub. With this launch, NextNRG continues to broaden its footprint across Florida’s Gulf Coast, while expanding its national footprint. By strategically growing its presence, the company continues to strengthen its unique position, offering a complete end-to-end suite of energy solutions for both commercial and individual customers. This expansion reflects the broader momentum behind NextNRG’s operations, as the company’s growth trajectory has accelerated throughout 2025, with revenues surpassing last year’s figures and strong projections pointing toward record performance by fiscal year-end. This growth has been driven by the company’s ability to scale operations consistently while maintaining operational efficiency and reliability through strategic business initiatives.

“Expanding into Fort Myers demonstrates our continued growth across Florida and nationwide,” said Michael D. Farkas, Executive Chairman and CEO of NextNRG. “Establishing our presence in a region with significant e-commerce and commercial fleet activity positions us to capture demand from high-volume operations while building local customer density. Our mobile fueling services, together with our integrated energy solutions, enable businesses to operate more efficiently at scale. With strong momentum across our operations, we're confident in the strong growth ahead.”

About NextNRG, Inc.

NextNRG Inc. (NextNRG) is Powering What's Next by integrating artificial intelligence (AI) and machine learning (ML) into utility infrastructure, battery storage, wireless EV in-motion charging, renewable energy and mobile fuel delivery, to create a unified platform for modern energy management.

At the core of its strategy is the Next Utility Operating System®, which uses AI to optimize both new and existing infrastructure across microgrids, utilities, and fleet operations. NextNRG's smart microgrids serve commercial, healthcare, educational, tribal, and government sites delivering cost savings, reliability, and decarbonization. The company also operates one of the nation's largest on-demand fueling fleets and is advancing wireless charging to support fleet electrification.

To learn more, visit www.nextnrg.com.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG's goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as "expect," "intends," "will," and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG's business and macroeconomic and geopolitical events. These and other risks are described in NextNRG's filings with the Securities and Exchange Commission from time to time. NextNRG's forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG's forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.

Investor Relations Contact

NextNRG, Inc.
Sharon Cohen
SCohen@nextnrg.com


FAQ

What is the significance of NextNRG's (NXXT) expansion into Fort Myers, Florida?

The expansion establishes a fully operational hub in a region with major e-commerce distribution centers, positioning NextNRG to serve high-volume commercial demand and local businesses along Florida's Gulf Coast.

How is NextNRG (NXXT) performing financially in 2025?

NextNRG reports accelerated growth in 2025 with revenues surpassing last year's figures and projections indicating record performance by fiscal year-end.

What is NextNRG's (NXXT) growth strategy for its mobile fueling operations?

NextNRG's strategy focuses on anchoring large commercial clients while expanding local customer bases around each operational hub, offering end-to-end energy solutions for both commercial and individual customers.

Who is the CEO of NextNRG (NXXT) and what is their view on the Fort Myers expansion?

Michael D. Farkas, Executive Chairman and CEO, states the expansion demonstrates continued growth across Florida and nationwide, positioning the company to capture demand from high-volume operations while building local customer density.
NextNRG Inc.

NASDAQ:NXXT

NXXT Rankings

NXXT Latest News

NXXT Latest SEC Filings

NXXT Stock Data

151.66M
43.14M
74.32%
1.6%
0.28%
Utilities - Renewable
Retail-auto Dealers & Gasoline Stations
Link
United States
MIAMI BEACH