Dragonfly Energy Holdings Corp

Dragonfly Energy Holdings Corp. is a supplier of deep cycle lithium-ion batteries. The firm's research and development initiatives are revolutionizing the energy storage industry through innovative technologies and manufacturing processes. Its non-toxic deep cycle lithium-ion batteries are displacing lead-acid batteries across a wide range of end-markets, including RVs, marine vessels, off-grid installations, and other storage applications. The firm is also focused on delivering an energy storage solution to enable a more sustainable and reliable smart grid through the future deployment of its proprietary and patented solid-state cell technology. The company is headquartered in Reno, NV.

Earnings data Q3 2022

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Dragonfly Energy Holdings Corp reports revenue growth and strategic partnerships

DFLI's Q1 2023 performance reflects revenue growth driven by OEM sales, despite a decrease in gross profit.
The company's focus on innovation, diversification, and strategic partnerships positions it well for future growth and market expansion.
While facing challenges in managing margins and projected net losses, DFLI has opportunities to capitalize on new market segments and technological advancements.

Dragonfly Energy reports Q2 challenges, eyes transportation market growth

Dragonfly Energy Holdings Corp faced revenue challenges in Q2 2023 due to customer shifts and lower volumes, leading to a revised outlook for 2023.
Despite losses, the company is optimistic about growth opportunities in transportation markets and the potential for revenue improvement through operational advancements.
Strategic moves towards cell manufacturing and innovation in core markets position Dragonfly Energy for future growth and market expansion.

Dragonfly Energy Holdings Corp reports Q3 challenges and growth opportunities

Dragonfly Energy Holdings Corp navigated challenges in Q3 2023 with a focus on diversification and innovation. Despite a decrease in net sales and a net loss, the company improved gross margin and maintained flat operating expenses. Looking ahead, opportunities in new technologies and market expansion position DFLI for growth and profitability in 2024.

Dragonfly Energy reports mixed Q4 results, eyes growth in 2024

Dragonfly Energy Holdings Corp navigated a challenging 2023 marked by market headwinds but showed resilience and innovation in product development and market expansion. Despite financial setbacks in Q4, the company demonstrated improved EBITDA and strategic initiatives poised for future growth. With a focus on sustainability and technological advancements, Dragonfly is well-positioned to capitalize on emerging opportunities in the battery market.

Dragonfly Energy Holdings Corp (DFLI) reports Q1 growth amidst challenges

Dragonfly Energy Holdings Corp (DFLI) showed resilience in Q1 2024, with a focus on growth and innovation despite challenges. The company's performance metrics indicate progress in key areas, setting the stage for future expansion and market penetration. By leveraging its strengths and addressing challenges, DFLI aims to capitalize on emerging opportunities and drive sustainable growth.

Dragonfly Energy reports Q2 net sales decrease, eyes revenue growth

Dragonfly Energy Holdings Corp faces challenges in heavy-duty trucking adoption delays and methane leakage solutions in the oil and gas industry.
Despite a net sales decrease and net loss in Q2 2024, the company is optimistic about revenue growth in Q3 2024 and improving gross margins.

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Dragonfly Energy Holdings Corp. engages in the manufacture and supply of deep cycle lithium-ion batteries. It also focuses on delivering an energy storage solution to enable a more sustainable and reliable smart grid through the future deployment of its proprietary and patented solid-state cell technology. The company is headquartered in Reno, NV.

RENO, Nev., June 29, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born Batteries and an industry leader in energy storage, today announced that the Company's Battle Born Batteries brand of lithium-ion batteries will be standard equipment on two ATC models; the Plā 700 – Travel Trailer Toy Hauler and the Plā 700 – Fifth Wheel Toy Hauler starting with 2024 select models as early as July 2023, and as an optional upgrade for the Plā 350 – Ultra Lite Travel Trailer Toy Hauler. Founded in 1999, ATC's philosophy of “Designed and Built for Life” guides the company's efforts to produce products that bring travel solutions and adventure together.

Dragonfly Energy's Battle Born Batteries Standard on Select ATC RV Models Beginning July 2023

RENO, NV / ACCESSWIRE / June 27, 2023 / The Russell 3000 Index® is a must-know for any seasoned trader. Launched in 1984, this capitalization-weighted stock market index is widely recognized as a reputable benchmark of the entire U.S. stock market.

Dragonfly Energy (NASDAQ:DFLI) is Being Added to the Russell 3000 Index, the Index Measuring the Performance of America's Largest 3,000 Companies

RENO, Nev., June 26, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today announced it has joined the Russell 2000® Index.

Dragonfly Energy Joins the Russell 2000® Index

RENO, Nev., June 22, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today announced the closing of its previously announced underwritten public offering of 10,000,000 shares of common stock and investor warrants to purchase up to an aggregate of 10,000,000 shares of common stock at a public offering price of $2.00 per share of common stock and accompanying warrant. The Company also simultaneously closed on the sale of an additional 1,405,000 shares of common stock and investor warrants to purchase up to an aggregate of 1,405,000 shares of common stock, which were sold pursuant to the partial exercise of the underwriters' over-allotment option at the public offering price per security, less the underwriting discounts and commission.

Dragonfly Energy Announces Closing of $20.0 Million Underwritten Public Offering and Partial Exercise of Over-Allotment Option

RENO, NV / ACCESSWIRE / June 22, 2023 / The current landscape of the energy storage sector is in many ways antiquated, despite the growing demand for renewable energy sources that has emerged as a key theme in the sector. One of the biggest challenges facing the industry is the lack of sufficient energy storage technologies that can efficiently store and distribute renewable energy.

Reliable and Efficient Lithium-Ion Batteries Are Becoming Increasingly Important - Dragonfly Energy (NASDAQ: DFLI) Is Improving On Them To Develop The Very Best

RENO, Nevada, June 21, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born Batteries and an industry leader in energy storage, today announced a new Certified Dealer Program aimed at providing the Company's customer base with trusted dealers and installers vetted by the brand's internal technical team for top-tier installation and service of deep cycle lithium-ion batteries. The program is designed to continue to strengthen the customer experience and product line of Battle Born Batteries.

Dragonfly Energy Launches Certified Dealer Program for its Battle Born Batteries Product Line

Dragonfly Energy (NASDAQ: DFLI ) stock is climbing after the company announced it would be granted a U.S. patent for the “preparation and powder film deposition of pre-coated powders.” Dragonfly views this patent as a significant step in bringing its nonflammable LiFePO4 storage batteries to market.

DFLI Stock Alert: Huge Patent News Sends Dragonfly Energy Soaring

RENO, Nev., June 15, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, is to be awarded a new US patent based on allowed US Patent Application No. 16/329/914 by the United States Patent and Trademark Office (USPTO). The patent is for the “preparation and powder film deposition of pre-coated powders” and specifically addresses the feedstock material portion of the process in the production of conventional Li-ion ion batteries and nonflammable solid-state lithium batteries, paving the way for Dragonfly Energy to bring nonflammable LiFePO4 storage batteries to market.

Dragonfly Energy to be Granted U.S. Patent in Continued Momentum Toward Domestic Non-Flammable Lithium Battery Production

RENO, NV / ACCESSWIRE / June 13, 2023 / As the clean energy sector expands and countries push for environmental regulations, batteries are becoming more and more crucial. Lithium-ion batteries are highly relevant for many modern electronic devices.

EV Popularity Is On The Rise, But What About Specialty Vehicles? Dragonfly Energy (NASDAQ:DFLI) Is Electrifying RVs And More

RENO, Nev., June 12, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today announced it is set to join the broad-market Russell 3000® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023, according to a preliminary list of additions posted by FTSE Russell.

Dragonfly Energy Set to Join Russell 3000® Index

RENO, NV / ACCESSWIRE / June 8, 2023 / The federal U.S. government has been making significant pushes toward clean energy and electric vehicles, with President Biden setting ambitious goals for electrification. The Biden administration has announced several initiatives to support the adoption of electric vehicles, including the Electric Vehicle Charging Action Plan, which aims to deploy 500,000 new electric vehicle charging stations nationwide by 2030.

Why U.S. Investment In Domestic Critical Mineral Development Is Important – And How One Company Could Be Key To The Clean Energy Transition

Dr. Vick Singh joined by experts in energy storage, electric vehicles, battery recycling and more Dr. Vick Singh joined by experts in energy storage, electric vehicles, battery recycling and more

Dragonfly Energy Speaks at Rho Motion Seminar Series

RENO, NV / ACCESSWIRE / June 1, 2023 / Concerns about an upcoming recession are continuing to not just grow but mutate. As a consequence of simultaneous central bank interest rate hikes and ongoing economic instability, the World Bank warned of the risk of a recession in 2023.

Despite Recession Fears, Clean Energy Spending Continues To Grow - This Company Is Developing Premium Battery Solutions For An $85 Billion Market

RENO, Nev., May 24, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries and an industry leader in energy storage, has partnered with Triple E Recreational Vehicles (“Triple E RV”) to include Dragonfly Energy's lithium-ion batteries as standard equipment on all Leisure Travel Vans, a brand of Triple E RV, starting with the 2024 model year.

Dragonfly Energy Lithium Batteries to be Installed on all New Leisure Travel Vans

RENO, Nev., May 15, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today reported its financial and operational results for the first quarter of 2023 ended March 31, 2023. First Quarter 2023 Financial Highlights Net Sales of $18.8 million increased 2.7% from $18.3 million in Q1 2022 Gross Profit of $4.7 million decreased $0.8 million from $5.5 million in Q1 2022 Operating expenses of $(14.6) million were higher compared to $(7.1) million in Q1 2022 Net Income of $4.9 million, compared to a Net Loss of $(2.3) million in Q1 2022 Diluted Earnings Per Share of $0.10 compared to $(0.06) in Q1 2022 EBITDA of $9.0 million, compared to $(1.4) million in Q1 2022 Operational and Business Highlights Announced the launch of Dragonfly IntelLigence™ providing reliable communication capabilities via unique mesh network, enabling accurate remote monitoring for entire lithium battery banks via the Dragonfly Energy Mobile App Announced partnership with Airstream, which will provide Battle Born batteries as standard equipment across multiple models Announced a Commercial Offtake Agreement with Ioneer Ltd.

Dragonfly Energy Reports First Quarter 2023 Financial Results

ioneer Ltd

(Kitco News) - Ioneer (ASX:INR) and Dragonfly Energy Holdings (NASDAQ: DFLI) announced yesterday a commercial offtake agreement partnership.

Ioneer signs offtake with Dragonfly

The agreement moves Dragonfly Energy closer to achieving the Company's mission of establishing a vertically integrated lithium battery cycle, from mining to production to recycling Nevada Gov. Joe Lombardo states the importance of partnerships like those between Dragonfly Energy and Ioneer are vital to strengthening and diversifying Nevada economy Agreement advances Nevada production and manufacturing of critical minerals and accelerates domestic electrification pipeline for Lithium battery components RENO, Nev.

Dragonfly Energy and Ioneer Sign Lithium Supply Agreement

RENO, Nev., May 01, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today announced that the Company will release its financial results for the first quarter 2023 after market close on Monday, May 15, 2023. The earnings press release will be followed by a conference call on May 15, 2023, hosted by members of the Dragonfly management team at 5:00 PM Eastern Time.

Dragonfly Energy to Report First Quarter 2023 Earnings Call on May 15, 2023

RENO, Nev., April 18, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries and an industry leader in energy storage, today announced it has partnered with Airstream, the manufacturer of the iconic riveted aluminum travel trailers, to provide Battle Born Batteries as standard equipment in the Pottery Barn® Special Edition Travel Trailer and Classic Travel Trailer models and as an optional upgrade on the REI Co-op Special Edition Basecamp Travel Trailer. Battery anxiety has long been a pain point amongst consumers in the RV Industry, however with this power upgrade from Dragonfly Energy, Airstream customers now have access to a solution that allows them to enhance their camping experience.

Dragonfly Energy and Airstream Announce Battery Partnership

RENO, Nev., April 17, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today filed its Annual Report on Form 10-K and updated its financial results for the fourth quarter and audited full year ended December 31, 2022.

Dragonfly Energy Files Annual Report on Form 10-K and Updates Operating Results for the Fourth Quarter and Year ended December 31, 2022

Full year 2022 Revenue grew to $86.3 million, 10.6% higher compared to 2021 Full year 2022 Revenue grew to $86.3 million, 10.6% higher compared to 2021

Dragonfly Energy Reports Fourth Quarter and Full Year 2022 Financial Results

RENO, Nev., March 17, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today announced the Company will now release its financial results for the fourth quarter and year ended December 31, 2022, after the market close on Wednesday, March 29, 2023. The earnings press release will be followed by a conference call hosted by members of the Dragonfly management team at 5:00 PM Eastern Time.

Dragonfly Energy Reschedules Fourth Quarter and Year End 2022 Earnings Call for March 29, 2023

RENO, Nev., Feb. 27, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today announced that the Company will release its financial results for the fourth quarter and year ended December 31, 2022 after market close on Monday, March 20, 2023. The earnings press release will be followed by a conference call hosted by members of the Dragonfly management team at 5:00 PM Eastern Time.

Dragonfly Energy to Hold Fourth Quarter and Year End 2022 Earnings Call on March 20, 2023

Dragonfly IntelLigence™ Technology Enables Safety & System Alerts for the Marine Industry Dragonfly IntelLigence™ Technology Enables Safety & System Alerts for the Marine Industry

ABYC Compliant Lithium Power Systems Made Possible with New Products from Battle Born Batteries

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