Virtual Peaker and NeoVolta Announce Partnership for Smarter Energy Storage

April 9, 2025; Louisville, KY – Virtual Peaker, a leading virtual power plant (VPP) software company, and NeoVolta (NASDAQ: NEOV), a U.S.-based energy technology company advancing resilient, scalable storage solutions for homes and businesses, have announced a strategic partnership to integrate NeoVolta’s advanced battery energy storage system (BESS) with Virtual Peaker’s VPP software. Virtual Peaker’s AI-powered platform optimizes batteries as distributed energy resources (DERs) to maximize energy savings and improve grid reliability.

“We are excited to partner with NeoVolta to provide a solution that allows batteries to be fully utilized, relied upon, and available to stabilize the grid with dependable and precise accuracy,” said Dr. William “Bill” Burke, founder and CEO of Virtual Peaker. “This collaboration empowers utilities and homeowners alike to seamlessly participate in virtual power plants, enhancing energy resilience and accelerating the transition to a more sustainable grid.”

The partnership between Virtual Peaker and NeoVolta addresses three critical energy challenges:

Grid Flexibility & Peak Load Management – Utilities require greater load flexibility to reduce peak demand and address challenges like the duck curve. NeoVolta’s BESS provides valuable peak reduction and valley-filling capabilities.
Lowering Cost of Ownership for BESS Owners – Homeowners can reduce energy costs by participating in demand response (DR) and time-of-use (TOU) programs while capitalizing on available incentives and rebates.
Seamless Utility Engagement & Device Management – Utilities need a streamlined method to enroll and manage customers in energy programs. Virtual Peaker’s integration offers an efficient single-workstream solution to optimize grid interactions with NeoVolta batteries.

“We’ve always believed that energy storage should do more than just sit on standby. Partnering with Virtual Peaker brings new intelligence and real-time responsiveness to our systems—unlocking more value for both utilities and homeowners,” said Ardes Johnson, CEO of NeoVolta. “Together, we’re making smarter, more flexible energy infrastructure a reality.”

About NeoVolta

NeoVolta is a leading innovator in energy storage solutions dedicated to advancing the future of clean energy. Founded to provide reliable, sustainable, and high-performance energy storage systems, the company has quickly established itself as a critical player in the industry. NeoVolta’s flagship products are designed to meet the growing demand for efficient energy management in residential and commercial applications. With a focus on cutting-edge technology and strategic partnerships, NeoVolta is committed to driving progress in renewable energy and enhancing how the world stores and uses power. For more information, visit www.NeoVolta.com.

About Virtual Peaker

Virtual Peaker is a leading virtual power plant software company that empowers utilities to build the grid of the future and meet global decarbonization goals. Through its cutting-edge software-as-a-service (SaaS) platform, the company seamlessly integrates distributed energy resource management system (DERMS) components, customer engagement, and load forecasting. Virtual Peaker’s groundbreaking technology, Topline Demand Control, paves the way for the next generation of virtual power plant capabilities. To learn more, please visit www.virtual-peaker.com or connect on LinkedIn and X via (@VirtualPeaker).

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About NeoVolta

For more information visit: NeoVolta.com email us: [email protected] Or call us: 858-239-2349

Forward-Looking Statements

Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘may,’ ‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately’ or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under Item 1A. “Risk Factors” in the Company’s most recently filed Form 10-K filed with the Securities and Exchange Commission (“SEC”) and updated from time to time in its Form 10-Q filings and in its other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.

Virtual Peaker and NeoVolta Announce Partnership for Smarter Energy Storage

About NeoVolta

About Virtual Peaker

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About NeoVolta

Forward-Looking Statements

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