NeoVolta Inc (NASDAQ: NEOV) is an energy storage systems company that designs and manufactures battery storage products for residential and commercial applications. Revenue is generated through transactional sales of energy storage systems to certified solar installers and regional and national distributors. Founded in 2018 and initially focused on Southern California, NeoVolta has expanded sales across the United States and Puerto Rico as of the FY2025 10-K filed September 29, 2025. The product portfolio includes the NV14, NV24, NVPlus, NV7600 stand-alone inverter, NV16 kW AC hybrid inverter, and a 250 kW / 430 kWh commercial and industrial system. All products use lithium iron phosphate (LiFePO4) chemistry and carry UL 9540/9540A certification. NeoVolta targets independent installers and distributors it describes as underserved by larger providers, particularly in residential retrofit and emerging small commercial segments. The company holds three issued U.S. utility patents as of September 2025 and reported a material weakness in internal controls over financial reporting as of June 30, 2025.

Revenue model

Transactional product sales of energy storage systems to certified solar installers and distributors. No subscription or recurring service revenue is described in the filing excerpts.

Products and services

NV14, NV24, NVPlus, NV7600 stand-alone inverter, NV16 kW AC hybrid inverter with 24 kW PV input, and a 250 kW / 430 kWh commercial and industrial energy storage system. All systems use lithium iron phosphate (LiFePO4) battery chemistry with hybrid inverter capability. NeoVolta also operates a Certified Installer Program with direct technical support and remote monitoring.

Customers and end markets

Primary customers are independent solar installers and regional and national distributors. End markets include residential retrofit (estimated 3 million U.S. solar homes without battery storage as of the filing), new residential solar installations, and small commercial installations. Installers, once certified, are described as recurring purchasers relying on just-in-time availability.

Value-chain role

Designer and manufacturer of energy storage systems sold through a channel of certified installers and distributors. NeoVolta does not install systems directly; it supplies equipment to independent installation companies.

Geographic exposure

United States and Puerto Rico. Initially concentrated in Southern California; expanded nationally as of the FY2025 10-K filing.

Source: SEC 10-K, filed 2025-09-29

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