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

Globe Newswire•13/11/2026•08:30 ET
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Key Highlights

  • ➤$116M master purchase agreement signed for FEOC-compliant BESS deliveries in 2027
  • ➤NeoVolta Power’s orders support manufacturing ramp at Pendergrass, Georgia
  • ➤NeoVolta expects increased visibility into near-term manufacturing activity
  • ➤Ardes Johnson says agreement supports rapid, sustained growth and domestic BESS expansion

Expert Statements

Ardes Johnson, Chief Executive Officer of NeoVolta

“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.”

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.”

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.

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