NXXT News & Events

NextNRG "announced that it has entered into a securities purchase agreement with a single new fundamental institutional investor for the purchase and sale of 10,000,000 shares of its common stock in a private placement. The gross proceeds from the offering are expected to be approximately $6.4 million, before deducting placement agent fees and other estimated offering expenses. The closing of the offering is expected to occur on or about May 27, 2026, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from the offering to support continued growth across its operating segments, strengthen working capital, accelerate strategic expansion initiatives, and eliminate outstanding convertible debt." Shares are up 20% in pre-market trading.

NeutronX announced it has received its Commercial and Government Entity, or CAGE, Code, enabling direct participation in U.S. federal contracting. In parallel, NeutronX is advancing its strategic collaboration with NextNRG, forming a coordinated effort to pursue large-scale government energy and infrastructure opportunities. This milestone marks NeutronX's formal entry into the federal procurement ecosystem and positions the company to bid on high-priority projects across defense, critical infrastructure, and resilient energy systems. Based on identified procurement targets and addressable market opportunities reviewed to date, NeutronX is actively advancing a federal energy and infrastructure opportunity pipeline representing approximately $1.3B-$2.2B in potential contract and market value. NeutronX's federal execution process is supported by its Autonomous Government Contracting Intelligence System, an AI-powered platform designed to identify, validate, prioritize, and manage federal opportunities from discovery through submission readiness. The system operates through a human-in-the-loop model: AI supports discovery, analysis, drafting, and workflow management, while human operators retain responsibility for quality control, compliance review, and final submission approval.

NeutronX announced that it has filed a provisional patent application with the U.S. Patent and Trademark Office, or USPTO, for its proprietary Autonomous AI-Powered Government Contract Bidding System with Multi-Stage Workflow Orchestration, Real-Time Compliance Monitoring, and Integrated Vendor Procurement Automation. At the same time, NeutronX starts applying NeutronX Bidding Engine v2.4 across multiple bid and grant opportunities being pursued in connection with NextNRG. The patent-pending platform is intended to streamline federal bid preparation, compliance coordination, vendor workflows, and submission management across government procurement opportunities pursued by NeutronX and NextNRG. The U.S. Small Business Administration describes the federal government as the largest customer in the world. U.S. Treasury Fiscal Data shows approximately $3.10T in federal spending in FY26 to date and approximately $7.01T in FY25, while the U.S. Government Accountability Office reported approximately $755B in federal contract obligations in FY24, highlighting the scale of the U.S. procurement market.

NextNRG announced the NextNRG Dashboard, an AI-driven operating layer for its integrated energy ecosystem providing a unified software interface for monitoring and managing distributed energy assets. The configurable platform is tailored to the specific infrastructure, operational requirements, and energy profiles of each customer deployment. The system provides centralized visibility and management across energy generation, battery storage, fuel systems, EV fleets, employee charging infrastructure, dynamic wireless charging for industrial equipment such as forklifts and robotics, internal combustion engine fleets, and microgrid performance.