NeoVolta (NEOV) closed its previously announced purchase of strategic assets of Neubau Energy. “Closing our purchase of Neubau’s assets and next-gen battery platform is a significant milestone, expanding NeoVolta’s branded product suite and enabling new revenue streams,” said Ardes Johnson, Chief Executive Officer of NeoVolta. “Key executive hires from Neubau have already been added to our team. In addition, the transaction immediately increases our market reach; enhances our gross margins; increases our mix of domestic content, thus mitigating the expected impact of 2026 tariffs; and accelerates our ability to deliver higher-density energy storage systems.
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