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.

Dragonfly Energy reports Q3 growth, eyes sector expansion for 2024

Dragonfly Energy Holdings Corp's Q3 2024 performance reflects revenue growth and strategic expansion into key sectors.
While facing challenges in managing expenses and achieving profitability, the company is poised for growth with new technology releases and partnerships.
Opportunities lie in revenue expansion, sector diversification, and strategic initiatives for sustained growth and market penetration.

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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., Sept. 27, 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, Chief Executive Officer Dr. Denis Phares spoke at the 2023 Move America Conference in Austin, Texas on Sept. 26, 2023, about lithium-ion battery technology and what Dragonfly Energy, is doing to provide sustainable and cost-saving solutions for the trucking industry.

Dragonfly Energy CEO Leads the Lithium Battery Technology Conversation at the Move America 2023 Conference

RENO, Nev., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and maker of Battle Born Batteries™, is the newest member of the Battery Materials and Technology Coalition (“BMTC”). The BMTC is a continental alliance of member companies united behind a shared interest in growing a resilient and sustainable North American battery supply chain.

Dragonfly Energy Becomes First Nevada Company to Join Battery Materials and Technology Coalition

RENO, Nev., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born Batteries TM and an industry leader in energy storage, in collaboration with Aqua Metals, Inc. (Nasdaq: AQMS) (“Aqua Metals”), a pioneer in sustainable lithium battery recycling, has successfully used high-purity lithium hydroxide recovered by Aqua Metals from recycled lithium-ion batteries to manufacture a lithium-based battery cell using Dragonfly Energy's patented dry battery electrode coating technology. The successful recovery of battery-grade lithium hydroxide and cycle testing of a sustainably manufactured lithium battery cell is a significant advancement for sustainable lithium-ion battery production for the companies.

Dragonfly Energy Successfully Manufactures Lithium Battery Cell Using High-Purity Recycled Battery Materials from Aqua Metals

RENO, Nev., Sept. 13, 2023 (GLOBE NEWSWIRE) --  As an industry leader in the high-powered and high-performance lithium batteries, the Battle Born Batteries brand of Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”) is a platinum sponsor of America's Largest RV Show.

Dragonfly Energy's Battle Born Batteries is a Platinum Sponsor of America's Largest RV Show

RENO, Nev., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), producer of deep cycle lithium-ion batteries and industry leader in energy storage, will be showcasing its proprietary battery cell manufacturing process and leading-edge products at RE+ 2023. The multi-day event, taking place on September 11-14 at the Venetian Convention & Expo Center in Las Vegas, attracts more than 27,000 professionals and 1,300 exhibitors, from over 100 countries and all segments of green and sustainable energy industry. This is the Company's second appearance at the annual RE+ conference.

Dragonfly Energy Showcases New Battery Cell Manufacturing Process and Intelligent Energy Storage Solutions at RE+ 2023

RENO, Nev., Sept. 06, 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, has continued to invest in the development of battery cell manufacturing with cutting-edge research equipment from Bruker Corporation (“Bruker”) (Nasdaq: BRKR).

Dragonfly Energy Leverages Cutting-Edge Lithium Battery Research Instrumentation from Bruker

RENO, NV / ACCESSWIRE / August 29, 2023 / Battery brands that fail to conduct rigorous testing and certification processes risk releasing unsafe and potentially dangerous products onto the market. Many deep cycle lithium storage makers in the residential, RV and Marine spaces, as well as electric vehicle (EV) manufacturers and battery brands, boast about the performance and efficiency of their products without providing adequate proof of quality and safety.

Dragonfly Energy (NASDAQ:DFLI) Performs Rigorous, Above-Industry-Standard Testing on Its Battery Products

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI ) Q2 2023 Results Conference Call August 21, 2023 5:00 PM ET Company Participants Denis Phares - CEO John Marchetti - CFO Conference Call Participants Vincent Anderson - Stifel George Gianarikas - Canaccord Brian Dobson - Chardan Operator Good afternoon. My name is J.P.

Dragonfly Energy Holdings Corp. (DFLI) Q2 2023 Earnings Call Transcript

Dragonfly Energy (NASDAQ: DFLI ) stock is taking a beating on Tuesday after the lithium-ion battery company released its Q2 2023 earnings report. That report starts with diluted earnings per share of -25 cents.

Why Is Dragonfly Energy (DFLI) Stock Down 21% Today?

U.S. lithium battery cell pilot program complete; full cell production expected by year end U.S. lithium battery cell pilot program complete; full cell production expected by year end

Dragonfly Energy Reports Second Quarter 2023 Financial Results

RENO, Nev., Aug. 21, 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 second quarter ended June 30, 2023 after market close on Monday, August 21, 2023. The earnings press release will be followed by a conference call on August 21, 2023, hosted by members of the Dragonfly management team at 5:00 PM Eastern Time.

Dragonfly Energy to Report Second Quarter 2023 Earnings on August 21, 2023

RENO, Nev., Aug. 15, 2023 (GLOBE NEWSWIRE) --  As part of its continued commitment to customer service and strategic growth, Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born Batteries TM and an industry leader in energy storage, is expanding to the Midwest. Through its partnership with a new distributor and the establishment of a Midwest office, the Company will establish a geographic foothold and streamlined access to a significant region for the RV and trucking markets; which Dragonfly Energy serves with its popular Lithium-ion battery Battle Born Batteries TM products.

Dragonfly Energy Expands Operations with New Distributor and Midwest Location

RENO, Nev., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Illustrating its deep-seated commitment to lithium power education, Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born Batteries TM and an industry leader in energy storage, recently partnered with Florida's largest RV trade association, FRVTA, to conduct a training seminar on lithium power for RVs.

Dragonfly Energy Puts Education First by Partnering with Florida's Largest RV Trade Association for Lithium Power Training

RENO, Nev., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born Batteries TM and producer of deep cycle lithium-ion storage batteries, is the official “Go Green” sponsor of the Nevada Athletics for the 2023-24 season. The multi-year agreement includes football, and men's and women's basketball. Dragonfly Energy, a Reno-based lithium battery manufacturer, is also exploring additional sustainability initiatives with the University.

Dragonfly Energy Partners with Nevada Athletics as Official “Go Green” Sponsor

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RENO, NV / ACCESSWIRE / July 28, 2023 / The energy storage market is rapidly advancing and is set to grow 15-fold by 2030 , with energy storage installations around the world projected to reach a cumulative 411 gigawatts by the end of 2030 - 15 times the 27 gigawatts of storage online at the end of 2021. As global markets seek to redefine their relationship with energy and become more environmentally friendly, battery storage developments have gone hand in hand with their efforts.

The Energy Storage Market Set To Increase 15-Fold By 2030, And Dragonfly Energy (NASDAQ:DFLI) Is Positioning Itself To Be A U.S. Industry Leader

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RENO, Nev., July 24, 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, joins the Nevada Battery Coalition (“NBC” or the “Coalition”) as a founding member. The Company also was granted a seat on NBC's board of directors, which will be occupied by Dragonfly Energy's Chief Marketing Officer Tyler Bourns. Dominic Sinnott, Director of Government Affairs at Dragonfly Energy, will also participate as a member in the organization.

Dragonfly Energy Joins Nevada Battery Coalition as a Founding Member; Granted Seat on Board of Directors

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RENO, Nev., July 19, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born Batteries TM and an industry leader in energy storage, announced today they have completed their U.S. lithium battery cell pilot line. Deploying the Company's patented dry deposition manufacturing processes, Dragonfly Energy has begun using its pilot line to dry deposit working anode (industry standard graphite with an SBR/CMC binder), at a level sufficient to support large-scale production. The Company believes the establishment of its pilot line and the successful production of anode marks a critical milestone for its goal of manufacturing battery cells domestically from its Reno, Nevada, manufacturing facility.

Dragonfly Energy Completes U.S. Lithium Battery Cell Pilot Line, Begins Manufacturing Anode at Scale Using Patented Dry Deposition Processes

RENO, NV / ACCESSWIRE / July 18, 2023 / United States patents play a vital role in the field of new technology, particularly in areas such as battery formulas. Patents provide inventors and companies with exclusive rights to their innovations, ensuring that they can monetize their inventions and maintain a competitive edge.

Helping Drive Industry Innovation And Achieve U.S. Battery Supply Independence: Dragonfly Energy (NASDAQ:DFLI) To Receive Another Patent For Innovative Deep-Cycle Battery Design

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Dragonfly Energy Holdings Corp. DFLI, -8.00% stock is up 9.9% in premarket trade on Thursday after the Reno, Nev., company said it received formal notice of allowance for a new U.S. patent for the design of its GC3 12V 270Ah LiFePO4 deep-cycle battery pack.

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