NeoVolta Confirms FEOC Compliance at Georgia Manufacturing Facility; Commissioning on Track for End of August

NeoVolta Inc. (NASDAQ: NEOV) (“NeoVolta” or the “Company”), a U.S.-based energy technology company delivering scalable energy storage solutions, announced that it has received a FEOC (Foreign Entity of Concern) compliance opinion from a nationally recognized law firm confirming that its Pendergrass, Georgia battery manufacturing facility is structured to meet applicable FEOC eligibility requirements. The Company also confirmed that Site Acceptance Testing ("SAT") is targeted for completion by the end of August 2026, with production ramp on track to begin in Q3 of calendar year 2026.

The FEOC compliance opinion supports the facility's potential eligibility for applicable IRS advanced manufacturing and investment tax credits, including potential domestic content bonus treatment. FEOC compliance has become an increasingly decisive factor in utility-scale procurement decisions, as project developers and financing partners require verified supply chain compliance as a condition of bankable offtake and project financing.

"Receiving a FEOC compliance opinion from a top-tier law firm is a landmark milestone for NeoVolta and for NeoVolta Power," said Ardes Johnson, Chief Executive Officer of NeoVolta. "This opinion formally validates that our Pendergrass facility meets the compliance standard the utility-scale market demands and removes a key diligence hurdle for customers currently evaluating NeoVolta Power for initial procurement opportunities. Ultimately it positions us to compete for the most high-value projects in the U.S. energy storage market. With SAT targeted for completion by end of August and production ramp on schedule for Q3, we are executing on every front."

Investors can follow real-time factory progress updates on NeoVolta's LinkedIn page: Link

NeoVolta | www.neovolta.com