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flag NeoVolta acquires Neubau Energy’s battery assets, boosting its residential storage market position.

flag NeoVolta Inc. agreed to acquire key assets from Neubau Energy, including its next-generation battery platform, intellectual property, and manufacturing expertise, in a deal expected to close October 15, 2025. flag The acquisition, which includes an initial $500,000 cash payment, 200,000 restricted shares, royalties, and up to 4 million additional shares tied to revenue goals, is projected to boost NeoVolta’s revenue and gross margins immediately. flag Neubau’s modular, fast-installation battery system is expected to cut deployment costs by up to 75% and expand the installer base. flag Amany Ibrahim and Thomas Enzendorfer joined NeoVolta as COO and CTO, respectively. flag The transaction strengthens NeoVolta’s position in the residential energy storage market.

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