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NeoVolta Expands Portfolio With Neubau Energy Acquisition, Targeting Higher Revenues and Margins
Prnewswire· 2025-10-08 22:47
, /PRNewswire/ -- NeoVolta Inc. (NASDAQ:NEOV) is moving quickly to scale its energy storage business, signing an asset purchase agreement for Neubau Energy's next-generation modular battery platform and adding Neubau's senior leadership team to its ranks. The transaction, finalized on October 1, 2025, is expected to close by October 15 and to be immediately accretive to both revenue and gross margins. NeoVolta Expands Portfolio With Neubau Energy Acquisition, Targeting Higher Revenues and Margins As part ...