Rachit prints pre-market discovery price at 119.20 rupees

Rachit prints pre-market discovery price at 119.20 rupees

NeoVolta Inc. (NEOV), a leading provider of advanced energy storage solutions, has reported a series of significant milestones and strategic developments in recent months. The company's stock price has been a subject of interest, with the pre-market discovery price reaching 119.20 rupees as of September 2, 2025.

Record Sales and Market Expansion

In April 2025, NeoVolta set a new sales record, with projected April revenue exceeding $2 million, surpassing the company's entire first quarter 2025 revenue estimate [4]. This achievement follows a strong Q1 2025 performance that saw a 600% year-over-year increase. The company's growth is driven by expanding installer networks, rapid market penetration in Texas, and rising demand for backup power solutions [4].

Strategic Partnerships

NeoVolta has also formed strategic partnerships to enhance its market presence and accelerate deployment. In March 2025, the company announced a partnership with Virtual Peaker, a virtual power plant software company, to integrate its battery energy storage systems with Virtual Peaker's AI-powered virtual power plant (VPP) platform [11]. This collaboration aims to optimize energy management and improve grid reliability.

Financial Milestones

NeoVolta's financial performance has been impressive. In June 2025, the company reported that distributor purchase orders exceeded $3 million in a single quarter, marking the highest quarterly total from the channel in company history [6]. Additionally, the company expects its full-year revenue for fiscal 2025 to increase by more than 225% compared to fiscal 2024, significantly outpacing the industry's typical 20% annual growth rate [7].

Leadership Changes

To support its growth, NeoVolta has made strategic leadership changes. In January 2025, the company appointed Michael Mendik as its Chief Operating Officer [12]. Mendik brings over two decades of experience in international business management and renewable energy sector, focusing on driving operational efficiencies and enhancing customer experience.

Manufacturing Expansion

NeoVolta is also expanding its manufacturing capabilities. In November 2024, the company received approval to proceed with phase two technical due diligence for its $250M loan application from the U.S. Department of Energy Title 17 Loan Program [13]. The company plans to establish a new manufacturing facility employing over 150 workers, focusing on domestic battery cell technology production and inverter assembly.

Conclusion

NeoVolta's recent achievements, including record sales, strategic partnerships, and leadership changes, position the company as a key player in the advanced energy storage market. As the company continues to expand its market presence and manufacturing capabilities, investors should keep a close eye on its financial performance and market developments.

References

[1] https://www.stocktitan.net/news/NEOV/
[2] https://www.stocktitan.net/news/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/NEOV/