NextNRG, Inc. Announces Strategic Investment
Globenewswire·2026-01-27 16:20

Core Insights - NextNRG, Inc. has completed a strategic equity investment to enhance its balance sheet and support growth initiatives in mobile fueling operations, smart microgrid deployments, and integrated energy infrastructure [1][2][4] Investment Details - The transaction was finalized with an accredited investor and includes customary representations and covenants, indicating a strong commitment to the company's future [2][3] - The strategic investor plans to make additional investments over the next five to six months to support working capital and growth, purchasing restricted stock without registration rights [3] Company Strategy - NextNRG integrates AI and machine learning into utility infrastructure, battery storage, wireless EV charging, renewable energy, and mobile fuel delivery, aiming to create a unified platform for modern energy management [5][6] - The company's core strategy revolves around the Next Utility Operating System®, which optimizes infrastructure across microgrids, utilities, and fleet operations, providing cost savings, reliability, and decarbonization [6]