The AI Boom’s Real Bottleneck Is Power — and One Nasdaq Company Is Reinventing Itself to Solve It (opens original article in a new tab)

LIXTE is transforming into NOMAD Power Solutions, a deployable power company, to address the AI-driven electricity demand bottleneck by providing mobile energy storage systems, with a $6.5 million pre-closing loan to support scaling operations.

• LIXTE Biotechnology Holdings, Inc. is combining with NOMAD Transportable Power Systems to become NOMAD Power Solutions, focusing on deployable power solutions for AI infrastructure
• The company will loan NOMAD $6.5 million before the deal closes to fund components and working capital as it scales manufacturing
• NOMAD provides mobile, utility-grade battery energy storage systems (BESS) that can be rapidly deployed to meet growing AI data center power demands
• NOMAD reported 175% revenue growth in 2025 and projects 135% growth in 2026 with 75% inbound sales and over 30 active opportunities in North America