NeoVolta acquires Neubau Energy assets appoints new COO and CTO to accelerate growth

Reuters
Oct 09, 2025
NeoVolta acquires Neubau Energy assets appoints new COO and CTO to accelerate growth

NeoVolta Inc. is expanding its energy storage business by acquiring Neubau Energy's next-generation modular battery platform and welcoming Neubau's senior leadership team to its ranks. The transaction, finalized on October 1, 2025, is expected to close by October 15 and is anticipated to be immediately accretive to both revenue and gross margins. As part of the integration, Amany Ibrahim has been appointed Chief Operating Officer and Thomas Enzendorfer has become Chief Technology Officer, while former COO Michael Mendik will serve as Chief Product Officer. The acquisition brings Neubau's proprietary, high energy-density ESS modules and modular battery patents into NeoVolta's portfolio, as well as a manufacturing base in Austria aimed at mitigating exposure to potential 2026 tariffs. Neubau's modular design allows for significantly reduced installation times-up to 75% faster-expanding access to new installer networks. Under the deal terms, NeoVolta paid $500,000 in cash and issued 200,000 restricted shares at signing, will pay unit royalties on battery module sales for three years, and may issue up to 4 million additional restricted shares if revenue milestones are achieved by the end of 2028. The integration is expected to accelerate NeoVolta's residential market reach and increase its presence in both U.S. and international markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NeoVolta Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LN93963) on October 08, 2025, and is solely responsible for the information contained therein.

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