NEOV ▲ +15.0% - NeoVolta Inc. $NEOV signed a supply agreement with Korea's SK On for 9 GWh of LFP battery cells over five years, 2027 through 2031, valued around $1.09 billion (~1.5 trillion won), with an additional 9 GWh possible later. SK On will be the primary cell supplier to NeoVolta Power, producing the cells at its U.S. plant. The deal was announced by SK On on August 30; NeoVolta has not yet filed its own 8-K or issued a press release about it. NeoVolta surged 15% today following news of a $1.09 billion supply agreement with SK On, South Korea's major battery manufacturer, to source 9 GWh of LFP battery cells over five years starting in 2027, with an additional 9 GWh option available. The deal secures a critical supply chain for NeoVolta Power's battery production, with SK On manufacturing the cells at its U.S. facility, providing both scale and cost certainty for the company's energy storage operations. 31-AUG-2026 07:14 AM ET