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NextNRG Inc. Announces Fleet Fueling Agreement with Florida Beauty, a Division of Mogul Energy International, Inc., Supporting High-Demand Floral Logistics

MWN-AI** Summary

NextNRG Inc. (NASDAQ: NXXT), known for its innovative applications of artificial intelligence and machine learning in energy solutions, has announced a strategic fleet fueling agreement with Florida Beauty, a division of Mogul Energy International, Inc. (OTCMARKETS: MGUY). This collaboration aims to enhance Florida Beauty’s logistical capabilities, particularly during peak floral distribution seasons when efficient supply chain management is crucial.

NextNRG's mobile fueling division, EzFill, will provide mobile fueling services to Florida Beauty’s extensive fleet, which includes over 200 semi-trucks and 300 refrigerated trailers. Florida Beauty, a leading player in floral logistics, facilitates the nationwide transportation of fresh-cut flowers and perishable goods, making reliable fueling solutions essential for its operations. The agreement is expected to significantly streamline Florida Beauty’s operations, reducing downtime and optimizing delivery processes critical during high-demand periods like Valentine’s Day and Mother’s Day.

The partnership reflects NextNRG's commitment to expanding its commercial fleet fueling services while delivering enhanced shareholder value. Florida Beauty's CEO, Ronen Koubi, highlighted that the company spends around $12 million annually on fuel, emphasizing the efficiency gains possible through mobile delivery. Moreover, both companies are exploring future discussions on fleet electrification and renewable energy solutions.

NextNRG operates under a mission to create a sustainable energy ecosystem through technologies like NextNRG Smart Microgrids, combining solar energy with battery storage and energy management solutions. The agreement with Florida Beauty positions NextNRG as an essential service provider for high-volume logistics operators in the perishable goods sector, reinforcing its role in advancing clean energy adoption while meeting traditional fueling needs.

MWN-AI** Analysis

NextNRG Inc. (NASDAQ: NXXT) has recently entered a significant fleet fueling agreement with Florida Beauty, a subsidiary of Mogul Energy International, Inc. (OTCMARKETS: MGUY), which is poised to enhance both companies' operational efficiencies in the floral logistics sector. With Florida Beauty’s extensive fleet transporting highly perishable floral goods, this partnership is not only timely but strategically vital.

From an investment perspective, NextNRG’s move to expand its mobile fueling solutions aligns with rising demand in the refrigerated logistics market, driven by seasonal peaks like Valentine’s Day and Mother’s Day. The company is positioning itself as a leader in innovative energy solutions, leveraging AI and machine learning to optimize fuel delivery logistics. This focus on efficiency in high-demand situations, especially given that Florida Beauty expends around $12 million annually on fuel, underscores NextNRG's potential to significantly reduce operational costs.

As NextNRG scales its mobile fueling operations, further integration with renewable energy initiatives, including smart microgrids, can enhance its appeal to environmentally conscious investors and consumers alike. The company's commitment to sustainability, coupled with its advanced technology, presents a compelling growth narrative.

Given the strategic nature of this agreement and the vital role Florida Beauty plays in the floral supply chain—handling 90% of U.S. fresh-cut flower imports through key ports—NextNRG stands to benefit considerably. Analysts should closely monitor the implementation of this partnership and its impact on NextNRG’s revenue and operational efficiency.

Potential investors should evaluate NextNRG’s performance in subsequent quarters as the company progresses with these efficiencies and innovations. With a strong commitment to combining traditional fuel needs with clean energy solutions, NextNRG could very well solidify its position as a pivotal player in the energy landscape, making it an attractive investment opportunity in the coming years.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

MIAMI, Feb. 18, 2025 (GLOBE NEWSWIRE) -- NextNRG Inc. (“ NextNRG ” or the “Company”) (NASDAQ: NXXT), a pioneer in Artificial Intelligence and Machine Learning applications for energy solutions, today announced its fueling-division EzFill, has entered into a fleet fueling agreement with Florida Beauty, a division of Mogul Energy International, Inc. (OTCMARKETS: MGUY), a publicly traded company specializing in refrigerated logistics and the transportation of time- and temperature-sensitive cargo.

This strategic collaboration highlights NextNRG’s focus on rapidly expanding its commercial fleet fueling services while providing additional shareholder value for both companies through operational synergies and innovative solutions. Under the agreement, NextNRG will deliver mobile fueling solutions to Florida Beauty’s fleet of over 200 semi-trucks and 300 refrigerated trailers.

Florida Beauty is one of the nation’s largest floral logistics companies and plays a key role in the transportation of fresh-cut flowers and other perishable goods across the country. During peak season times, Florida Beauty anticipates more than 1,000 loads leaving its facilities in Miami, FL and Ventura CA to support flower distribution.

As a high-volume carrier, Florida Beauty relies on efficient fueling logistics to maintain supply efficiency during high demand periods like Valentine’s Day and Mother’s Day, when supply chain reliability is critical.

With floral imports exceeding 1.1 billion stems annually, according to U.S. Customs and Border Protection , a consistent fuel supply is essential for minimizing downtime and ensuring timely deliveries. Miami International Airport handles nearly 90% of the nation’s fresh-cut flower imports during peak seasons, making it a critical hub for floral logistics. NextNRG’s fleet fueling services help companies like Florida Beauty operate efficiently, reducing disruptions and optimizing delivery operations.

“As one of the nation’s largest transporters of fresh-cut flowers arriving from South America to Miami, and with over 40 years of experience in nationwide floral logistics, we take great pride in streamlining our operations,” said Ronen Koubi, CEO of Mogul Energy International, Inc. “Florida Beauty spends approximately $12 million annually refueling its massive fleet. With NextNRG, we can significantly improve efficiency by having fuel delivered directly to us, saving time and labor costs while reducing operational disruptions. Additionally, we look forward to continuing discussions with NextNRG about the electrification of our fleet and the deployment of a smart microgrid and wireless charging solutions at our headquarters.”

“This Agreement with Florida Beauty reflects the value of combining innovative fueling solutions with the needs of high-volume logistics providers,” said, Michael D. Farkas CEO and Executive Chairman of NextNRG. “By working together, we will help Florida Beauty maximize operational efficiency while reinforcing our commitment to delivering tailored solutions for industries where uptime and reliability are essential. This agreement brings significant value to both organizations, strengthening shareholder confidence and positioning NextNRG as the go-to fueling solution for fleet operators in perishable goods logistics.”

About NextNRG, Inc. (f/k/a EzFill Holdings, Inc.)

NextNRG Holding Corp. (NextNRG) and EzFill have merged to form a combined entity focused on renewable energy, mobile fueling, and next-generation energy infrastructure. By leveraging artificial intelligence (AI) and machine learning (ML) technologies, NextNRG is developing an integrated ecosystem that combines solar energy generation, battery storage, wireless electric vehicle (EV) charging, and on-demand fuel delivery.

At the core of NextNRG’s strategy is the deployment of NextNRG Smart Microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs, and improve grid resiliency. These microgrids are designed to serve commercial properties, schools, hospitals, nursing homes, parking garages, rural and tribal lands, recreational facilities, and government properties, expanding energy accessibility while supporting decarbonization initiatives.

Following the merger with EzFill, NextNRG is integrating sustainable energy solutions into mobile fueling operations. The company will provide renewable energy to its fueling partners, supporting more efficient fuel delivery while advancing clean energy adoption. It continues to expand its growing fleet of fuel delivery trucks and national footprint, including the acquisition of Yoshi Mobility’s fuel division, further solidifying its position as a leader in the on-demand fueling industry.

By combining renewable energy innovation with mobile fueling expertise, NextNRG is building a sustainable energy ecosystem that bridges traditional fuel needs with AI-powered clean energy solutions.

The combined entity, NextNRG, trades under the symbol NXXT on the Nasdaq Capital Market. To find out more visit NextNRG.com .

About Mogul Energy International, Inc.

Mogul Energy International, Inc. (OTCMARKETS: MGUY), operating under the Florida Beauty brand, provides transportation, logistics, and warehouse consolidation and distribution services for perishable and other time- and temperature-sensitive cargo. With over 40 years of experience, Mogul Energy specializes in refrigerated long-haul, regional, and dedicated deliveries for industries such as floral, produce, plants, dairy, poultry, and meats, as well as dry, high-value commodities. Operating one of the largest floral transportation fleets in the U.S., Mogul Energy plays a vital role in the timely and efficient delivery of perishable goods.

Forward-Looking Statements

This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “hopes,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. Factors that may cause actual results to differ materially from current expectations include, among other things, those related to trade disputes, regulatory changes, or disruptions in the supply chain that could impact the floral logistics sector.

Investor Relations Contact:
Jeff Ramson, CEO
PCG Advisory, Inc.
jramson@pcgadvisory.com


FAQ**

How does the partnership between NextNRG and Florida Beauty, a division of Mogul Energy Intl Inc MGUY, enhance operational efficiencies in the floral logistics sector during peak seasons?

The partnership between NextNRG and Florida Beauty optimizes floral logistics during peak seasons by leveraging NextNRG's innovative supply chain solutions and Florida Beauty's established distribution network, ensuring timely delivery and reduced operational costs.

What specific AI and machine learning technologies is NextNRG implementing to optimize its mobile fueling solutions for Florida Beauty and other clients, particularly those under Mogul Energy Intl Inc MGUY?

NextNRG is implementing AI-driven analytics, predictive modeling, and machine learning algorithms to optimize route efficiency, fuel delivery schedules, and inventory management for mobile fueling solutions, benefiting clients like Florida Beauty and Mogul Energy Intl Inc (MGUY).

In what ways does this agreement aim to deliver additional shareholder value for both NextNRG and Mogul Energy Intl Inc MGUY in the context of rising fuel costs and competition in the logistics sector?

This agreement seeks to enhance shareholder value by leveraging synergies in operational efficiency and innovation, enabling NextNRG and Mogul Energy Intl Inc to optimize resource management and reduce costs amid rising fuel prices and intensified competition in the logistics sector.

Can you explain how the electrification discussions between Florida Beauty and NextNRG could impact future operational strategies for Mogul Energy Intl Inc MGUY’s fleet and logistics services?

The electrification discussions between Florida Beauty and NextNRG could influence Mogul Energy Intl Inc's fleet and logistics strategies by encouraging them to integrate sustainable technologies, optimize energy efficiency, and potentially collaborate on innovative electric transportation solutions.

**MWN-AI FAQ is based on asking OpenAI questions about Mogul Energy Intl Inc (OTC: MGUY).

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