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NeoVolta Signs LOI To Acquire Neubau Energy Assets In Cash And Stock Deal, Gaining Tariff-Free Battery Tech; No Financial Terms Disclosed

Author: Benzinga Newsdesk | September 10, 2025 09:00am

NeoVolta Inc. (NASDAQ:NEOV) has signed a letter of intent to acquire strategic assets of Neubau Energy, positioning the combined entity to capture significant share of the rapidly expanding residential energy storage market while avoiding anticipated 2026 battery import tariffs that could exceed 28%.

The companies are already demonstrating their integrated platform this week at RE+ 2025 (Booth V12313), and NeoVolta's sales team is actively taking orders for Neubau's revolutionary 30-minute installation systems under the NeoVolta brand.

Strategic Rationale and Market Opportunity

"This transaction fundamentally transforms NeoVolta's competitive position," said Ardes Johnson, Chief Executive Officer of NeoVolta. "Neubau's technology portfolio, which is protected by over a dozen patents as well as its Austrian manufacturing capability, provide us immediate tariff-free access to advanced battery technology. Equally important, we're joining forces with a dynamic team with the expertise to execute our aggressive growth plans. The Neubau executives will assume technology and operational leadership roles, rapidly advancing the breadth and scale of our business. We expect this acquisition to be immediately accretive to both revenue and gross margins."

The planned acquisition will:

  • Strengthen the Team: Full integration of Neubau's technical and executive team into technology and operational leadership positions
  • Expand Market Opportunity: Sub-30-minute installation time opens new installer networks and reduces typical deployment costs by 75%
  • Integrate New Technology: Highest energy density residential energy storage system (ESS) modules with truly modular architecture
  • Mitigate Tariffs: Reduces the impact of 2026 battery tariffs
  • Increase the IP Portfolio: Over a dozen patents covering advanced modular battery architecture
  • Integrate New Manufacturing: Established Austrian production facility meeting IRA requirements
  • Broaden Installer Base: Expands installer base from specialized technicians to any licensed electrician



     

Operational Integration Already Underway

"We're not waiting for closing to begin capturing value," added Johnson. "At RE+ this week, our teams are working together, and we're seeing tremendous market interest in the combined platform."

Amany Ibrahim, Co-Founder and Chief Strategy Officer of Neubau Energy, said: "We've engineered the first truly modular residential battery system with the highest energy density in its class. In joining forces with NeoVolta, we're improving installation time from 4 hours to under 30 minutes and fundamentally democratizing energy storage. Every electrician becomes a potential installer; every homeowner gets same-day deployment; and the entire value chain becomes more efficient. Our entire team is excited to take on leadership roles at NeoVolta and accelerate this market transformation."

Transaction Summary

The companies have signed a letter of intent outlining transaction terms and are working toward definitive documentation, which is expected to be completed within the next 30 days. The transaction is structured as a cash and stock acquisition with consideration to be paid through a combination of upfront cash and NeoVolta common stock. Closing is subject to board and shareholder approvals and customary closing conditions.

Posted In: NEOV

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