NeoVolta increases ownership stake in manufacturing venture to 80%

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NeoVolta Increases Ownership of NeoVolta Power to 80% and Expands Strategic Commercial Capabilities

April 21, 2026 8:31 AM EDT

SAN DIEGO, April 21, 2026 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) ("NeoVolta" or the "Company"), a U.S.-based energy technology company delivering scalable energy storage solutions, today announced an updated ownership structure for NeoVolta Power, LLC, its U.S. battery energy storage system manufacturing joint venture in Pendergrass, Georgia.

Under the revised structure, NeoVolta has increased its ownership interest in NeoVolta Power from 60% to 80%. The remaining 20% ownership interest will continue to be held by CCC (a U.S. subsidiary of PotisEdge) under the governing agreements. NeoVolta retains full board and operational... More