NOMAD Power Solutions, Inc.

NOMAD Expands Utility Sales Network to 26 States with Two Representative Agreements

NOMAD Power Solutions appointed Utility Specialists and Elgin B. Robertson as independent sales representatives, expanding its utility sales network to four firms covering 26 states and Washington, D.C. USI will cover seven Southeast states and EBR three South Central states, targeting Voyager Eagle, Falcon, and Hawk transportable battery systems among utilities, municipalities, and data center developers. The agreements are performance-based with no fixed representative fees, and the four firms bring 43 utility sales professionals. The company is supporting the rollout with a 26-stop fall demonstration tour, with a Southwest roadshow scheduled for November 2-16. No orders or revenue were disclosed, so the commercial impact remains prospective.

•4d ago

NOMAD POWER SOLUTIONS ANNOUNCES MORE THAN $30 MILLION IN CUSTOMER ORDERS, EXPANDS MANUFACTURING CAPACITY TO SUPPORT GROWTH

NOMAD Power Solutions announced more than $30 million in customer orders received to date through 2026, supported by approximately $14 million in non-refundable customer deposits. The company is expanding manufacturing and supply-chain capacity to meet demand through 2027 and plans next-generation 4 MWh and 8 MWh transportable battery systems, up from its existing 1 MW / 2 MWh Traveler model. Management also cited more than $400 million in identified but uncommitted pipeline opportunities and growing international interest from the Middle East, Asia, and Europe.

•17d ago

NOMAD Power Solutions Expands Its Canadian Commercial Presence with Appointment of Global Environmental Liquid Ltd. as Sales Representative

NOMAD Power Solutions (Nasdaq: NMAD) appointed Global Environmental Liquid Ltd. (GEL) as its sales representative in Canada, targeting utilities, mining, and industrial customers. GEL brings established relationships in remote and northern communities, building on NOMAD's recent CEN-CAN Mining Expo outreach and an existing Canadian deployment with Missanabie Cree First Nation. No contract values or revenue commitments were disclosed, making this an early-stage commercial expansion signal rather than a material earnings event.

•1mo ago

NOMAD POWER SOLUTIONS FILES EXPANDED BUSINESS AND FINANCIAL DISCLOSURE FOLLOWING COMPLETION OF MERGER

NOMAD Power Solutions (Nasdaq: NMAD), formerly LIXTE Biotechnology Holdings, filed an amended Form 8-K with expanded business and audited financial disclosure following its July 2026 merger with NOMAD Transportable Power Systems. Revenue rose to $9.4 million in 2025 from $2.3 million in 2024, with $8.2 million of deferred revenue providing forward visibility; the merger delivered $16.5 million in cash, part of which repaid bank debt and legacy financing. The company holds a $9.5 million Department of Energy award for long-duration energy storage across five Justice40 communities in rural Vermont, and its Voyager transportable power platform has converted utility pilots into purchases — including DSO Electric Cooperative, which reported more than $150,000 in seasonal savings before buying the equipment outright. Management is positioning the platform for AI and data-center power demand, citing roughly 2.3 terawatts stuck in grid interconnection queues and five-to-seven-year connection timelines as the structural backdrop.

•1mo ago

NOMAD Power Solutions, Inc. Receives DOE Authorization to Advance Vermont Long-Duration Energy Storage Project into Phase 3

NOMAD Power Solutions received authorization from the U.S. Department of Energy to advance its Vermont Long Duration Energy Storage Project into Phase 3, moving the initiative into installation and integration. The approximately $19 million project will deploy up to eight transportable BESS units across five sites in Green Mountain Power’s service territory, supported by a $9.5 million DOE cost-share award. GMP has already utilized an existing NOMAD unit for peak management and maintenance support, demonstrating the platform’s operational flexibility ahead of the broader rollout.

•2mo ago

The Grid Queue Runs Five Years. This Equipment Ships on a Truck.

This sponsored commentary references Equinix to illustrate the power demand constraints facing data center operators, summarizing previously reported Q2 2026 financial results. The article highlights $2.6 billion in revenue, a 53% Adjusted EBITDA margin, and record annualized gross bookings of $424 million, driven by double-digit growth in monthly recurring revenue. Equinix management plans $5 billion to $7 billion in annual capital expenditure through 2029 to expand capacity amid multi-year grid interconnection delays.

•2mo ago

NOMAD Achieves UL 9540 Certification for 1 MW Transportable Battery Energy Storage System

NOMAD Power Solutions announced that its 1 MW / 2 MWh Traveler battery energy storage system has achieved UL9540 certification and completed its first commercial delivery to Missanabie Cree First Nation. The certification removes a barrier to broader market adoption, allowing the company to deploy its transportable systems at scale for emergency preparedness and critical infrastructure support. Management noted that this deployment demonstrates the potential of mobile storage to deliver clean and resilient power to remote communities, reducing reliance on diesel generation.

•2mo ago

NOMAD POWER SOLUTIONS FILES 2026 SECOND QUARTER FORM 10-Q, PROVIDES BUSINESS UPDATE

NOMAD Power Solutions (formerly LIXTE Biotechnology Holdings) completed its corporate transformation into the AI energy infrastructure sector, adopting the new ticker NMAD and finalizing the acquisition of NOMAD Transportable Power Systems. The company announced the sale of two commercial battery systems to DSO Electric Cooperative and launched the third-generation Voyager platform, which increases energy capacity by over 50%. Strategic governance updates include the appointment of Denham Capital CEO Stuart Porter to the board, while the stock achieved new visibility milestones through inclusion in the Russell Microcap Index and listing on the Cboe Options Exchange.

•2mo ago

NOMAD Announces Operational Deployment of Two Mobile Battery Systems by DSO Electric Cooperative

NOMAD Power Solutions announced that DSO Electric Cooperative has deployed two NOMAD Traveler battery systems into ongoing seasonal operations following a successful pilot. The 2025 pilot projected over $100,000 in seasonal demand cost savings for the cooperative, prompting the decision to purchase the units. CEO Geordan Pursglove highlighted that the transition from pilot participant to owner-operator validates the company's technology and the value proposition of transportable energy storage.

•3mo ago

NOMAD Power Solutions Strengthens Subsidiary Executive Leadership

NOMAD Power Solutions appointed Huda Almashhadany as Chief of Product & VP of Operations and Brian Dockendorf as Director of Service at its principal subsidiary, Nomad Transportable Power Systems Inc. Almashhadany will lead product strategy and engineering, while Dockendorf will oversee service and field operations to support the company's commercial growth phase. The hires follow the company's recent Nasdaq listing and aim to bolster operational capabilities to meet rising demand for transportable battery energy storage across utilities and data center markets.

•3mo ago

NOMAD Increases Voyager Fleet Energy Storage by up to 56%, Bringing Eagle and Falcon to 2.025 MWh

NOMAD launched the third generation of its Voyager mobile energy storage series, increasing usable storage capacity by up to 56% on the Eagle and Falcon models to 2.025 MWh each without changing the footprint. The upgrade utilizes Octillion Power Systems’ prismatic LFP pack architecture to achieve higher energy density, extending runtime for data center and hyperscale operators without requiring additional site permitting. This enhancement targets a projected market growing from $4.96 billion in 2026 to $18.79 billion by 2036, positioning NOMAD's fleet for longer-duration applications like demand-charge management and disaster response.

•3mo ago