XPON News & Events

Expion360 and Dealer Accessory Supply announced that the parties have entered into a strategic partnership related to the launch of the DASGen Hybrid Energy Storage System. "This partnership highlights Expion360's entry into the industrial space, which has been one of our strategic targets for expanding into adjacent verticals," said Carson Heagen, Chief Operating Officer of Expion360. "DASGen is designed to address generator utilization challenges commonly observed on construction sites and we are excited to partner with Dealer Accessory Supply to bring this solution to market. By integrating Expion360's lithium iron phosphate battery technology with DAS's hybrid system architecture, DASGen is intended to support reduced generator runtime while maintaining operational continuity."

Expion360 announced the upcoming release of three next-generation battery models, with commercial availability expected in the second half of 2026. The new product lineup includes:Group 27 - 12.8V 140Ah; GC2H - 12.8V 180Ah; EX1 - 12.8V 420Ah. "These new battery platforms are designed to support the markets we know well, while also having the versatility of use in a broader set of industrial and commercial applications," said Carson Heagen, Chief Operating Officer of Expion360. "By improving energy density, system efficiency, and manufacturability, we're delivering solutions that have the capacity to scale beyond traditional use cases and meet the demands of more complex, power-critical environments."

Expion360 issued a letter to its stockholders from Joseph Hammer, Chief Executive Officer and Chairman of the Board of Directors. "Throughout 2025 we continued to build on our growth strategy and leadership position in premium lithium iron phosphate batteries with next generation battery products and technologies. Importantly, the year also marked an intentional period of transition, as we strengthened our leadership team and took decisive steps to improve our financial foundation. We delivered sequential revenue growth, improved gross margins, and made meaningful progress toward a more durable balance sheet, positioning the Company for disciplined execution in 2026... During the year we continued to focus on product sales growth for our next-generation technologies and batteries. Our results demonstrated a meaningful recovery of demand in the RV market, combined with expanded outreach to OEMs and successful onboarding of new customers... Net sales and gross profit for the nine months ended September 30, 2025 were more than double our net sales for the same period in 2024, with net sales of $7.4 million compared to $3.6 million in the prior period... During the year we took several steps to opportunistically strengthen our balance sheet, supporting execution of key milestones and growth initiatives... Based on investor confidence in our future, as well as balanced financial discipline, we are confident that we have the cash runway to advance into our next phase of growth... With a strengthened leadership team and improved financial position, we believe 2026 will be a milestone year for Expion360. We are entering the year supported by growing demand for our portfolio of innovative LiFePO4 batteries and accessories across an expanding base of distribution partners and OEMs. We expect to build on a pipeline supported by steady, recurring orders and momentum from new relationships developed throughout 2025... With these developments, we believe we are well-positioned to further enhance our market presence and continue delivering advanced energy solutions that meet the unique needs of customers. We enter 2026 with a strengthened leadership team, improved financial position, and a clear strategic focus. "

Expion360 announced the appointment of Joseph Hammer as Chief Executive Officer and Chairman of the Board of Directors, effective October 16, 2025, succeeding Brian Schaffner, Chief Executive Officer, and Paul Shoun, President and Chairman of the Board, both of whom have stepped down from their respective roles at the Company. Schaffner will serve as a member of the Board of Directors. Most recently Hammer served as the Chief Investing Officer at LHX Corp