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NeoVolta Receives Purchase Orders of $575,900

Globe Newswire - Tue Mar 1, 2022

SAN DIEGO, March 01, 2022 (GLOBE NEWSWIRE) -- NeoVolta Inc. (OTCQB: NEOV) – NeoVolta Inc., manufacturer of Smart Energy Storage Solutions, today announced purchases by PMP Energy valued at $575,900 were received by NeoVolta during the past three months. These purchase orders are part of a three-year exclusive distribution agreement signed by the two companies in 2020. In exchange for receiving a minimum of up to $15 million in purchase orders, PMP Energy will provide dealers with training and certification to install NeoVolta energy storage systems in homes and other locations. PMP Energy has totaled nearly $2 million worth of purchase orders to date.


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