Issued on behalf of NOMAD Power Solutions, Inc. (Nasdaq: NMAD), formerly LIXTE Biotechnology Holdings, Inc. (Nasdaq: LIXT)

NOMAD Power Solutions, Inc. has completed its corporate name change from LIXTE Biotechnology Holdings, Inc. and begins trading today under the new Nasdaq ticker NMAD, marking its transition into the AI energy infrastructure equipment and services sector following its acquisition of NOMAD Transportable Power Systems

American News Group News Commentary

BOCA RATON, Fla., July 6, 2026 /PRNewswire/ — The artificial intelligence buildout has run headlong into a physical bottleneck: electricity. Data centers are demanding power faster than the grid can add it through traditional fixed infrastructure, and that gap is creating openings for companies that can deliver power on demand. Against that backdrop, the company formerly known as LIXTE Biotechnology Holdings, Inc. has completed its transformation into NOMAD Power Solutions, Inc. (Nasdaq: NMAD), a new corporate identity that reflects its move into the AI energy infrastructure equipment and services sector following its acquisition of NOMAD Transportable Power Systems.

Key Takeaways

The company has completed its corporate name change from LIXTE Biotechnology Holdings, Inc. (Nasdaq: LIXT) to NOMAD Power Solutions, Inc. (Nasdaq: NMAD).Common stock begins trading today under the new ticker NMAD on the Nasdaq Stock Market; shares under the symbol LIXT ceased trading at the close of market on Thursday, July 2, 2026.The new corporate identity reflects the Company’s transition into the AI energy infrastructure equipment and services sector, following its acquisition of NOMAD Transportable Power Systems.NOMAD introduced a mobile, utility-grade, truck-transportable battery energy storage system, providing instantaneous power to an electrical grid or facility and bypassing the months of construction typically required for traditional fixed installations.The Company is entering a sector populated by established public energy and storage names investors track, including Fluence Energy (Nasdaq: FLNC), GE Vernova (NYSE: GEV), Bloom Energy (NYSE: BE), and Stem, Inc. (NYSE: STEM), each distinct, far larger, and none a proxy for the Company.

A Biotechnology Company Reborn as a Power Company

The name change marks one of the more complete corporate reinventions in the public markets. Historically, LIXTE Biotechnology Holdings, Inc. focused on the development of innovative cancer therapies and medical technologies. Following its acquisition of NOMAD Transportable Power Systems, the Company has repositioned itself as an AI energy infrastructure equipment and services platform and adopted a new corporate name and ticker to match. The Company has framed the move as a strategic transition aimed at the power and infrastructure requirements of artificial intelligence, cloud computing, and hyperscale data center operators.

The Company’s common stock will begin trading today under its new ticker, NMAD, on the Nasdaq Stock Market. Shares under the symbol LIXT ceased trading at the close of market on Thursday, July 2, 2026.

“Our new corporate name marks an important milestone in the Company’s transformation, reflecting who we are today and where we are headed,” said Geordan Pursglove, Chief Executive Officer. “We believe the broad AI energy sector offers significant, scalable growth opportunities and tangible long-term shareholder value, as we address a multi-billion dollar rapidly growing marketplace.”

The Product: Power That Arrives on a Semi-Trailer

What NOMAD Transportable Power Systems brings to the Company is a physical product built for speed of deployment. NOMAD introduced a mobile, utility-grade, truck-transportable battery energy storage system. Its innovative mobile products provide instantaneous power to an electrical grid or facility, bypassing the months of construction typically required for traditional fixed installations.

The patented platforms are deployed on semi-trailers and serve emerging AI-driven applications, along with utilities, industrial operators, government agencies, and critical infrastructure providers, through equipment sales, rentals, and Energy-as-a-Service offerings. That model, delivering utility-grade storage that can be driven to a site and connected quickly, is what the Company argues sets it apart from the slower cadence of permanent installations.

Why Deployable Storage, and Why Now

The strategic logic rests on a mismatch that has become one of the central themes in energy markets: AI and hyperscale data center operators are driving power consumption at a rapidly growing pace, and existing grid infrastructure cannot always absorb that demand through traditional fixed assets alone. The Company’s mobile products are designed to provide instantaneous power to a grid or facility, bypassing the months of construction typically required for fixed installations, precisely when data center operators want new capacity fastest.

Founded in 2020, NOMAD is focused on supporting the rapidly growing power and infrastructure requirements of artificial intelligence, cloud computing, and hyperscale data center operators. The Company is focused on capitalizing on the accelerating demand for reliable, scalable, and efficient energy infrastructure solutions driven by the global expansion of AI.

The Market the Company Is Chasing

The Company describes its opportunity as a multi-billion dollar, rapidly growing marketplace positioned at the intersection of the AI compute buildout and the demand for reliable, scalable, and efficient energy infrastructure. As NOMAD Power Solutions, the Company aims to capitalize on accelerating demand driven by the global expansion of AI. It is an ambitious repositioning, and the Company remains early in executing it.

The Public Companies Powering the AI Buildout

The Company is undergoing a corporate transformation and is not directly comparable to the established names below. These comparisons are for industry context only; each company pursues a different business model and operates at vastly greater scale, and none is a proxy for the Company or implies any partnership or comparable performance. The broader energy-for-AI theme has drawn heavy investor attention through 2026 as power availability has become a defining constraint on the AI industry.

Fluence Energy (Nasdaq: FLNC) is a global leader in grid-scale battery storage, pairing lithium-ion systems with AI-powered optimization software across dozens of markets. As one of the most visible pure-play battery energy storage integrators in the public markets, Fluence illustrates the scale of the grid-storage category that deployable systems operate within.

GE Vernova (NYSE: GEV) is an electric-power company spanning generation, grid equipment, and storage, and has become one of the most closely watched names tied to AI data-center power demand, with its equipment deployed at large-scale AI campuses. GE Vernova reflects the heavy-infrastructure end of the power buildout the AI boom is driving.

Bloom Energy (NYSE: BE) makes on-site fuel-cell power platforms that generate electricity at a facility, a bring-your-own-power approach increasingly used to supply data centers directly. Bloom offers a view of the on-site, deploy-where-needed segment of the market that shares NOMAD’s emphasis on speed and location flexibility.

Stem, Inc. (NYSE: STEM), an energy-storage company built around AI-driven software and services, pairs storage hardware with an optimization platform and service model. Stem illustrates the storage-plus-software and Energy-as-a-Service approach that overlaps with parts of NOMAD’s offering.

The Bottom Line

A completed name change is the start of a transformation, not the finish. NOMAD Power Solutions is a company in transition whose value now depends on building its AI energy infrastructure business, capitalizing on the demand its mobile products are designed to serve. But the thesis is timely and clear: the AI buildout has made fast, flexible, utility-grade power one of the most valuable things a company can deliver, and NOMAD is betting its truck-transportable storage sits exactly where that demand is most acute. For investors watching how the power bottleneck behind AI gets solved, the Company’s pivot is a concrete data point, with the NMAD trading debut and its execution the markers worth watching from here.

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SOURCES

[1] NOMAD Power Solutions, Inc., “LIXTE Completes Corporate Name Change to NOMAD Power Solutions, Inc.; To Begin Trading Under New Nasdaq Symbol NMAD” (news release, Boca Raton, Fla., July 6, 2026).
[2] Fluence Energy, Inc. (Nasdaq: FLNC), corporate disclosures and market data, 2026.
[3] GE Vernova Inc. (NYSE: GEV), corporate disclosures and market data, 2026.
[4] Bloom Energy Corporation (NYSE: BE), corporate disclosures and market data, 2026.
[5] Stem, Inc. (NYSE: STEM), corporate disclosures and market data, 2026.

DISCLAIMER

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. This article is being distributed for Market IQ Media Group Limited, a company incorporated under the laws of Ireland (“MIQL”), which wholly owns and operates American News Group. MIQL has been paid a fee for NOMAD Power Solutions, Inc. (formerly LIXTE Biotechnology Holdings, Inc.) advertising and digital media from Creative Direct Marketing Group (“CDMG”). There may be 3rd parties who may have shares of NOMAD Power Solutions, Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. MIQL and its owner/operators do not own any shares of NOMAD Power Solutions, Inc., but reserve the right to buy and sell shares of NOMAD Power Solutions, Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQL has been reviewed and approved on behalf of NOMAD Power Solutions, Inc. by CDMG. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

FORWARD-LOOKING STATEMENTS: This publication contains forward-looking statements, including statements regarding the Company’s completed corporate name change to NOMAD Power Solutions, Inc. and ticker change to NMAD; the Company’s strategic transition into an AI energy infrastructure equipment and services platform; anticipated growth from its acquired business, NOMAD Transportable Power Systems; the Company’s products, market opportunity, and business prospects; and the anticipated disposition of the Company’s legacy life sciences business. Forward-looking statements are based on current expectations and assumptions and are subject to known and unknown risks and uncertainties, many beyond the Company’s control, including the ability to integrate and scale the acquired business and its operations; competition from larger and better-capitalized companies; capital requirements; the ability to dispose of the legacy life sciences business on acceptable terms; and other risks described in the Company’s filings and reports with the U.S. Securities and Exchange Commission. Actual results could differ materially from those projected. Except as required by law, the Company undertakes no obligation to update any forward-looking statement. References to other companies are based on those companies’ public disclosures, are provided for industry context only, and do not imply any partnership, endorsement, affiliation, or comparable performance.

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LAS VEGAS, July 6, 2026 /PRNewswire/ — SIRUI Optics expands its Vision Prime full-frame cine prime lineup with three brand-new focal lengths: 15mm T1.6, 75mm T1.4, and 150mm T4 (1.5x Macro). The lineup now grows from the original 24/35/50mm T1.4 trio to six lenses, covering ultra-wide through medium telephoto shooting. This unified system delivers cinematic image quality, lightweight construction and interchangeable mount modules for professional filmmakers.

The Vision Prime series previously took home the “Best of Show” Lens Award at the 2026 NAB Show, recognized for its fast T1.4 aperture and user-interchangeable mount design.

From Grand Wide Shots to Ultra-Fine Macro Details

The 150mm T4 1.5x Macro stands out as a dual-purpose telephoto macro prime rare in lightweight cine optics. It delivers 1.5x reproduction ratio to capture intricate textures of tiny subjects—precision machinery, fabric texture, insect eyes—at a minimum focus distance of just 0.29m. Its natural telephoto compression also works well-suited for distant wide shots and intimate character close-ups.

The 15mm T1.6 offers a 109.3° diagonal full-frame field of view. With a fast T1.6 aperture and 0.3m minimum focus distance, it captures sweeping spatial depth even in tight spaces. The fast T-stop creates clean subject-background isolation and soft layered bokeh, a notable characteristic for ultra-wide lenses. Built with multiple aspherical elements, it minimizes aberrations and maintains sharp edge-to-edge resolution.

Tailored for portrait and commercial shooting, the 75mm T1.4 generates natural telephoto compression and smooth isolating bokeh to highlight subjects, ideal for narrative shorts and advertising productions.

Cross-System Compatibility & Streamlined Lightweight Design

All Vision Prime lenses feature SIRUI’s proprietary interchangeable mount system. Native Sony E-mount comes standard, with RF/Z/L mount modules included; no shims are required for quick switching. The full set works seamlessly with mainstream full-frame and S35 cinema cameras, offering greater cost-efficiency and versatility for multi-camera, cross-brand productions.

Optically, the new primes combine large aspherical, ED low-dispersion and HRI high-refractive glass elements. This compact optical layout suppresses distortion and chromatic aberration, delivering sharp resolution for 8K and higher resolution workflows. Minimal focus breathing and excellent distortion control align with professional cinema standards for seamless focus pulls.

Unified series features include matching gear positions and 270° wide focus throw for precise focusing. Filter thread sizes are 67mm for all models except the 15mm, which uses a 77mm filter thread, maximizing accessory compatibility. The lightest single lens (75mm T1.4 E-mount) weighs just 599 grams. Durable aluminum alloy housings are dust, stain and splash resistant, suited for studio, gimbal and documentary field shooting.

Pricing & Global Launch Info

New focal length pricing (USD):
150mm T4 (1.5x Macro): $649
15mm T1.6 / 75mm T1.4: $549 each
Three-lens kit (15mm+75mm+150mm): $1,499 – $1,899
Global release date: July 6, 2026. Two finishes available: matte black and gun gray.

Full specs and updates are available at:

Online Store: store.sirui.com

Facebook: www.facebook.com/SIRUIImaging

Instagram: www.instagram.com/siruiimaging

YouTube: www.youtube.com/c/SIRUIImaging

TikTok: www.tiktok.com/@sirui.optical

Contact us: marketing@sirui.com

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SOURCE SIRUI

INDIANAPOLIS, July 6, 2026 /PRNewswire/ — Envita Solutions, Inc., an Indianapolis-based total waste management company and part of The Heritage Group family of companies, celebrated its 25th anniversary on July 3, marking a quarter century of helping businesses protect human health and the environment through innovative waste management solutions.

Founded in 2001, Envita was established with a vision to help large manufacturers manage increasingly complex waste and recycling needs across their operations. What began as a small environmental services company, has evolved into an industry leader in total waste management, partnering with manufacturers across North America to reduce their environmental impact while creating operational value.

Over the past 25 years, Envita has helped transform the way businesses think about waste, viewing it not as a liability, but as a resource. Through customized programs focused on material recovery, energy recovery, composting, recycling, or creative reuse, the company has helped customers reduce landfill dependency, advance sustainability goals, improve regulatory compliance and support circular economy initiatives.

“Reaching this milestone reflects the dedication of our team and the loyalty of our customers and partners over the past quarter-century,” said Peter Lux, President of Envita Solutions. “For 25 years, we’ve worked alongside our customers to develop innovative solutions that create both environmental and business value.”

Since its founding, Envita has delivered measurable environmental results that have helped customers significantly reduce their environmental footprint, including:

Helping more than 270 customer facilities achieve Zero-Waste-To-Landfill statusDiverting 9.5 million tons of waste from landfillProcessing 6.6 million tons of waste through creative reuse, recycling, or composting

These achievements reflect Envita’s commitment to maximizing resource recovery and keeping valuable materials in productive use. The company’s efforts have helped customers divert millions of tons of material from disposal while supporting more sustainable manufacturing and supply chain operations.

“While we’re proud of our history, our focus remains firmly on the future,” Lux added. “We continue to invest in innovative technologies, strategic partnerships and data-driven solutions to help customers maximize economic value and reduce their environmental impact. Our purpose remains the same today as it was 25 years ago—to protect human health and the environment and build a safer more sustainable world.”

About Envita

Envita Solutions is a leading total waste management provider, dedicated to fostering a healthier planet by transforming complex waste challenges into sustainable solutions. Headquartered in Indianapolis, Indiana, Envita Solutions operates in the U.S., Mexico, and Canada, has nearly 500 employees, and a vast network of supplier partners. Envita Solutions is part of The Heritage Group (THG), a fourth-generation family-owned business managing and investing in a diverse portfolio of companies focused on construction and materials, environmental services and sustainability, and specialty chemicals. With unique access to research and development, Envita Solutions is at the forefront of waste and climate innovation.

For more information about Envita, Inc. and its 25th anniversary celebration, visit www.envitainc.com.

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SOURCE Envita Solutions