#USA #New York #Energy Storage #NeoVolta #Neubau Energy

NeoVolta Expands Energy Storage Portfolio with Neubau Energy Acquisition

NeoVolta Inc. (NASDAQ:NEOV) is making significant strides in the energy storage sector by acquiring Neubau Energy, a company known for its next-generation modular battery technology. The asset purchase agreement was finalized on October 1, 2025, with expectations that it will immediately impact revenue and profit margins positively following its completion by October 15, 2025.

Expanding Leadership Team

As part of this strategic acquisition, NeoVolta has enhanced its executive team by appointing Amany Ibrahim as the new Chief Operating Officer and Thomas Enzendorfer as the Chief Technology Officer. Ibrahim, who co-founded Neubau Energy and previously served as its Chief Strategy Officer, brings over a decade of experience in energy and infrastructure. Enzendorfer, the former CEO of Neubau in California, has a wealth of experience in solar manufacturing and distribution.

Michael Mendik, the former COO of NeoVolta, will transition into the role of Chief Product Officer, ensuring continuity and excellence in product innovation. This leadership restructuring positions NeoVolta to benefit greatly from Neubau's expertise in product development and market strategies.

Accelerating Market Penetration

By integrating Neubau's advanced battery technology, NeoVolta aims to quicken its expansion in the residential energy storage market. The acquisition introduces Neubau's innovative installation process, which allows installers to set up systems in as fast as 30 minutes. This quick deployment can potentially reduce installation costs by up to 75%, thereby opening new avenues for electricians and installers.

According to Ardes Johnson, CEO of NeoVolta,