Nomad Power Solutions, Inc.

Snapshot

NOMAD Power Solutions is a company in transition: what was Lixte Biotechnology, a clinical-stage drugmaker, has become a battery energy storage business, but the financials still reflect the old, pre-revenue company.

What's Happening Right Now

• Fri 4th Sep '26 · Meeting Delay: NOMAD adjourned its Special Meeting of Stockholders on Sept 4, 2026 without conducting business, pushing it to Oct 2, 2026 to give the company more time to finalize its Nasdaq listing application.
• Wed 26th Aug '26 · DOE Project: NOMAD received DOE authorization to move its roughly $19 million Vermont long-duration energy storage project into Phase 3 installation, with a $9.5 million DOE cost-share award backing deployment across five Green Mountain Power sites.
• Wed 19th Aug '26 · Certification: NOMAD's 1 MW Traveler battery storage system achieved UL 9540 certification and was delivered to a First Nation community in Northern Ontario for resilient power deployment.
• Fri 14th Aug '26 · Corporate Pivot: NOMAD (formerly Lixte Biotechnology) filed its Q2 2026 10-Q detailing a corporate name change, acquisition of an AI energy infrastructure business, a new board member, and new subsidiary leadership as it transitions to battery storage.
• Wed 29th Jul '26 · Deployment: DSO Electric Cooperative put two NOMAD Traveler battery systems into ongoing seasonal operation after a 2025 pilot projected over $100,000 in seasonal demand cost savings.