Installation phase will deploy NOMAD’s transportable battery energy storage technology at sites within Green Mountain Power’s service territory

BOCA RATON, Fla., Aug. 26, 2026 (GLOBE NEWSWIRE) -- NOMAD Power Solutions, Inc. (NASDAQ:NMAD), through its wholly-owned subsidiary NOMAD Transportable Power Systems, Inc. (NOMAD), today announced that the U.S. Department of Energy (DOE) Office of Electricity has authorized the company to advance into Phase 3 of the Vermont Long Duration Energy Storage Demonstration Project.

This approximately $19 million project is expected to deploy up to eight NOMAD transportable battery energy storage system ("BESS") units across five sites within Green Mountain Power’s ("GMP") service territory in Vermont.