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NOMAD POWER SOLUTIONS acquires NOMAD BESS

PUBLIC · NMADJul 01, 2026

Acquiring Company

Nomad Power Solutions, Inc.

Acquired Company

NOMAD BESS

Boca RatonNorth BrabantInformation TechnologyBiotechnologyEnergyOil And GasHealth CareScience And EngineeringRenewable EnergySolarTherapeuticsEnergy ManagementEnergy EfficiencyEnergyRenewable EnergyBiomass Energy

Description

NOMAD POWER SOLUTIONS, INC. has successfully completed the acquisition of NOMAD BESS, with the merger closing on July 1, 2026. This strategic move is part of a transformation towards AI energy infrastructure. The combined entity began trading on Nasdaq under a new ticker in July. The acquisition aims to enhance operational capabilities in the energy sector.

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Company Information

Company

Nomad Power Solutions, Inc.

Location

433 Plaza Real

Boca Raton, Florida, United States

About

LIXTE Biotechnology Holdings, Inc. (Nasdaq: LIXT), is a clinical-stage pharmaceutical company focused on new targets for cancer drug development and developing and commercializing cancer therapies. Major drivers of cancer are defects in the switches that turn the biochemical pathways in cells on or off. Most cancer research over the past 30 years has focused on the "on" switches because the "off" switches, especially the master "off" switch protein phosphatase (PP2A), were believed to cause intolerable toxicity in patients. LIXTE has achieved a breakthrough with its novel, first-in-class lead clinical compound and PP2A inhibitor, LB-100, demonstrating that LB-100 is readily tolerated in cancer patients at doses associated with anti-cancer activity. Based on extensive published preclinical data (see www.lixte.com), LB-100 has the potential to significantly improve outcomes for patients undergoing various chemotherapies or immunotherapies. LIXTE's new approach has no known competitors and is covered by a comprehensive patent portfolio. Initial proof-of-concept clinical trials are in progress.

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Frequently asked

Who acquired NOMAD BESS?

NOMAD BESS was acquired by Nomad Power Solutions, Inc., based in Boca Raton. The deal was reported on July 1, 2026. LIXTE Biotechnology Holdings, Inc. (Nasdaq: LIXT), is a clinical-stage pharmaceutical company focused on new targets for cancer drug development and developing and commercializing cancer therapies. Nomad Power Solutions, Inc. is publicly traded (NMAD) and operates in Information Technology.

When did Nomad Power Solutions, Inc. acquire NOMAD BESS?

Nomad Power Solutions, Inc.'s acquisition of NOMAD BESS was reported on July 1, 2026. NOMAD POWER SOLUTIONS, INC. has successfully completed the acquisition of NOMAD BESS, with the merger closing on July 1, 2026. This strategic move is part of a transformation towards AI energy infrastructure. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does NOMAD BESS do?

NOMAD BESS is a company specializing in battery energy storage systems. Its technology supports renewable energy integration and grid stability.Further details on NOMAD BESS are limited. It is privately held, operating in Energy, and is based in North Brabant.

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