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 sm NeoVolta signed a major five-year supply agreement with SK On for 9 GWh of LFP battery cells valued at approximately $1.09 billion, with an optional additional 9 GWh tranche available. The deal secures a large order stream for NeoVolta Power through 2031 and establishes SK On's U.S. manufacturing facility as the primary cell supplier, providing visibility into substantial future revenue that likely drove today's 15% gain. 31-AUG-2026 07:14 AM ET