Browsing: battery

Horizon Technology Finance Corp., an affiliate of Monroe Capital, on September 10 said that the RoHo Capital Opportunity Fund LLC, a joint venture formed by Horizon and CR Financial Holdings, Inc., the holding company for Roth Capital Partners, LLC, has provided a $20-million senior credit facility to NeoVolta, Inc., with the ability to increase the…

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The U.S. battery industry just found an unexpected savior. After EV incentive cuts left startups gasping for air, the Department of Energy threw them a $500 million lifeline—but there’s a catch. The money’s earmarked for defense applications, signaling a dramatic pivot from consumer electric vehicles to military-grade power systems. It’s a strategic bet that could…

U.S. battery startups hit a rough patch when the One Big Beautiful Bill eliminated battery and EV incentives, undercutting a chunk of future demand. But recently, they’ve found a lifeline in the defense world, helping to power everything from drones and torpedoes to infantry radios and fighter jets.

As electric transportation evolves from the initial phase to mass-scale implementation, battery performance has turned out to be a major issue. For electric fleets, specially for those operating in environments where electric mobility is constantly used, like in delivery and transport, battery malfunction is hardly considered to be just an issue of technology. Battery failure…