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XPON News
XPON Events
Expion360 Appoints Robert Winspear as CFO
Expion360 announced that its board of directors has appointed Robert Winspear as CFO, effective August 25. Winspear succeeds Shawna Bowin, who will remain with the company through the end of October 2026 to assist with the transition of her roles and responsibilities. From September 2021 to June, Winspear served as a director and CFO of Blackboxstocks.
Expion360 Inc Trading Halted Due to Volatility
Expion360 Inc trading halted, volatility trading pause
Expion360 Acquires Oil and Gas Exploration Opportunity in Louisiana
Expion360 has acquired an oil and gas exploration opportunity in Eastern Louisiana, marking the company's first entry into the oil and gas sector as part of a broadened operating strategy. In connection with the acquisition, the company entered into an exploration agreement governing the leasing, drilling, and testing of the prospect. As part of the company's strategic expansion, the board has appointed experienced industry executive Kevin Sellers as CEO, succeeding Joseph Hammer, and as a member of the board, effective August 24. The board also approved the company's corporate name change to Expion Energy. Through the acquisition, the company acquired assets including an existing oil and gas leasehold of approximately 3,000 net acres within the prospect, a wellbore, mineral title research covering approximately 13,000 net acres, and intellectual property developed in connection with the prospect. After adjustments for a $100,000 certificate of deposit held by the acquired company and the company's previously paid $175,000 earnest money deposit to the sellers, an adjusted purchase price of $3,425,000 in cash was paid at closing.
Expion360 Inc Trading Halted, News Pending
Expion360 Inc trading halted, news pending
Expion360 Reports Revenue of $9.7 Million in 2025
Reports revenue $9.7M vs. $5.6M last year. "The year ended December 31, 2025 was highlighted by improved revenue and gross profit, driven by strong product sales of our next-generation technologies and batteries," Joseph Hammer, Chief Executive Officer and Chairman of the Board of Directors of Expion360. "Net sales grew 72% to $9.7 million in 2025 compared to $5.6 million in 2024. Gross profit rose by 16% to $1.3 million in 2025 compared to $1.2 million in 2024. Sales improved for our premium LiFePO4 batteries and accessories on strong demand as the RV market continued to gain momentum, and from our expanded outreach to OEMs and successful onboarding of new customers. "Moving into 2026, we remain focused on the expansion of our technology with the launch of three new next generation lithium battery models and entry into the industrial market, which has been one of our strategic targets for expanding into adjacent verticals. These new models are expected to be commercially available in the second half of 2026 and build on our established presence in the RV and marine markets while addressing the growing demand for higher energy density, fully-featured battery systems in industrial and commercial applications. The batteries are expected to be offered to customers at a lower cost than current equivalent models, while delivering higher capacity and improved performance. At the same time, the updated designs are expected to improve internal cost structure and margins, enabling increased reinvestment in product development and long-term customer value. "We also recently partnered with Dealer Accessory Supply to launch the DASGen Hybrid Energy Storage System, an energy storage solution intended for use on construction and industrial job sites. The system will be powered by Expion360 battery technology and is designed to operate as an energy buffer between diesel generators and jobsite electrical loads. The system is intended to store and deploy energy based on load requirements, which may allow generators to operate fewer hours and at higher efficiency, depending on site conditions and usage patterns. With successful results from test-site performance and early interest from leading construction firms, we look forward to offering the system to end customers through our commercial sales organization. "Our technology roadmap includes plans to expand our portfolio and explore the development of potential new revenue streams, including higher-density lithium-ion and LiFePO4 chemistries, modular platforms, and enhanced battery management systems aimed at improving safety, longevity, and overall cost efficiency for mobile and off-grid applications. We are also developing specialized energy storage solutions intended to be suitable for use in surveillance and monitoring applications. Development efforts continue to focus on next-generation storage technologies that may help lower costs, improve energy density, and support scalable manufacturing. We may also consider selective acquisitions and partnerships in power electronics and energy management as potential ways to strengthen vertical integration. "Looking ahead, we are exploring new opportunities in the industrial and construction sectors. Our near-term priorities include expanding OEM market penetration through additional partnerships as well as the introduction of new battery features, technologies, and form factors aligned with OEM requirements. Across our end markets, we remain focused on innovation, thoughtful margin improvement, and measured growth in areas where we believe there is consistent demand and long-term growth opportunities."
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