NOMAD Surpasses $30 Million In Orders For Mobile Power Systems

Mentioned:

Demand for power continues to rise in North America. Which is exactly why NOMAD Power is betting on the adoption of mobile energy storage.

What’s happening:

NOMAD Power (NASDAQ: NMAD) has publicly stated that they have received more than $30M USD in customer orders so far this year for their mobile energy storage systems

By the numbers:

NOMAD Power has secured $14M USD in non-refundable customer deposits from their customer orders

Why it matters:

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

Going deeper:

NOMAD Power’s Voyager mobile energy storage system is UL 9540-certified and has been deployed and field-tested with a U.S. utility for multiple years
Being UL 9540-certified enables NOMAD Power to sell directly to utilities and move through local permitting approvals for battery storage faster

The intrigue:

NOMAD Power has also publicly stated they are investing in the development of a next-generation transportable battery systems with capacity of 4 megawatt-hours and 8 megawatt-hours to serve larger utilities, data centres and other customers who require significant amounts of energy storage

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