Company: NEOV
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001683168-25-007304
Chunk: 1

Company: NeoVolta Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1
Chunk 1
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5.

 2 

Our Products 

We design and manufacture
energy storage systems (“ESS”) that combine lithium iron phosphate (LiFePO₄) battery technology with integrated or stand-alone
inverters to provide safe, reliable backup power for residential and light commercial applications. All systems are NEMA 3R rated for
indoor or outdoor installation, UL 9540/9540A certified, and compatible with both AC- and DC-coupled solar configurations.

·NV14 — Our flagship ESS, the NV14
integrates a 14.4 kWh battery with a 7.6 kW hybrid inverter capable of 120V/240V residential and 208V three-phase commercial operation.
The system is designed for energy efficiency, time-of-use optimization, and backup power.

·NV24 — The NV24 expansion battery
increases NV14 capacity from 14.4 kWh to 24.0 kWh without requiring an additional inverter, allowing customers to scale storage at lower
cost.

·NVPlus — Introduced in 2024, NVPlus
is a higher-capacity ESS developed for larger residential and small commercial applications. It provides extended runtime, supports greater
solar inputs, and is designed for customers requiring whole-home backup or higher daily cycling.

·NV7600 — A stand-alone 7.6 kW inverter
launched in 2024, designed for use with NeoVolta storage products or as a retrofit solution for existing solar systems.

In addition to these core
products, we have also developed the NV14-K, a custom variant of the NV14 engineered to EOS Linx specifications. This product is manufactured
on a limited basis for a single customer application and is not marketed generally.

Subsequent to fiscal year
end, we announced two additional products: (i) a Commercial & Industrial Battery Energy Storage System (BESS) with a 250 kW power
rating and 430 kWh usable capacity, designed for larger-scale applications; and (ii) the NV16 kW AC hybrid inverter with 24 kW PV input,
developed to support higher-capacity residential installations and whole-home backup. The NV16 kW inverter is expected to become generally
available in November 2025.

 3 

Market Overview

Our addressable market is
expanding across multiple customer segments, supported by favorable policy, resiliency needs, and evolving financing and distribution
models.

Residential Retrofit.
There are an estimated 4.2 million U.S.