TURB News & Events

Turbo Energy announced that it received a written notice from Nasdaq notifying the company that it is no longer in compliance with Nasdaq continued listing requirements. The notice indicates that, based on the company's Form 6-K filed on November 4, 2025, reporting stockholders' equity of approximately $1.5M as of June 30, the company does not currently meet the minimum stockholders' equity requirement of $2.5M for continued listing on Nasdaq pursuant to Nasdaq Listing Rule 5550. In addition, Nasdaq determined that the company does not meet the alternative continued listing standards relating to market value of listed securities or net income from continuing operations.

Turbo Energy announced the launch of a project to tokenize financing for hybrid renewable energy installations in partnership with blockchain technology leaders Taurus S.A. and the Stellar Development Foundation. This initiative represents a first step in exploring new, transparent ways to finance on-site clean energy deployments, beginning with a proof of concept at a supermarket in Spain. By integrating tokenization into clean energy financing, Turbo Energy and its partners are positioning themselves to unlock significant opportunities in this rapidly expanding market. The project will tokenize debt financing for on-site battery-integrated Power Purchase Agreements. The pilot deployment leverages Turbo Energy's proprietary SUNBOX solar energy storage systems, which deliver renewable power directly to the site. This approach demonstrates a decentralized, scalable model with plans to expand across international markets under Turbo Energy Solutions and its new EaaS model, a dedicated subsidiary that facilitates the financing of solar and battery projects to commercial and industrial customers adopting Turbo Energy technology.

Reports 1H revenue EUR 5.51M vs EUR 4.95M last year. "The first half of 2025 marked a pivotal turning point for Turbo Energy," said Mariano Soria, Chief Executive Officer. "Our disciplined execution is translating into stronger financial performance, expanding commercial traction and accelerating adoption of our AI-driven solar storage systems. With two milestone contracts secured and multiple international markets opening, Turbo Energy is well positioned for a breakout year in 2026."

Turbo Energy announced the appointment of Lucia Tamarit as the Company's new CFO, effective immediately. Reporting directly to Mariano Soria, the Company's CEO, Tamarit succeeds Alejandro Morangues, who has elected to leave Turbo Energy to pursue new career opportunities. Tamarit most recently served as Financial Manager at CSP Spain.