NOMAD Power Is Ready To Ramp Up Mobile Battery System Production

Mentioned:

NOMAD Power is building for the future of mobile battery storage. And now, they’re getting ready to start scaling up their production capacity.

What’s happening:

NOMAD Power (NASDAQ: NMAD) has publicly stated that they have solidified their supply chain to begin scaling up production of their transportable battery systems

Why it matters:

NOMAD Power has developed a 1 megawatt truck-transportable battery storage system known as Voyager that is capable of being deployed directly at a utility’s grid or remote locations without waiting for permanent infrastructure

Going deeper:

NOMAD Power has secured access to multiple different types of important long-lead components for their transportable battery systems including battery modules, power conversion systems and enclosures
More than $30M USD of NOMAD Power’s mobile energy storage systems have been ordered by customers so far this year, with $14M USD being paid in non-refundable deposits

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