DRAGONFLY ENERGY HOLDINGS CORP Stock Price, News & Analysis

Dragonfly Energy (Nasdaq: DFLI) commenced an underwritten public offering of common stock and, optionally, pre-funded warrants on Oct 15, 2025. The offering includes a 30-day underwriter option to buy up to an additional 15% of the securities at the public offering price, less discounts and commissions. Canaccord Genuity is sole bookrunner.

The company intends to use net proceeds for working capital, to prepay $45 million of outstanding term loan indebtedness as part of a proposed restructuring, to invest in initiatives to drive near-term revenue, and to scale its dry electrode process and solid-state battery efforts. The offering is made under an S-3 shelf declared effective Nov 24, 2023 and is subject to market and other conditions.

Dragonfly Energy (Nasdaq: DFLI) announced a USPTO Notice of Allowance dated October 15, 2025 for a patent strengthening its Dragonfly IntelLigence® battery communication technology.

The allowed patent covers multiple battery systems and wireless devices that share operating data and propagate error or warning codes across a connected mesh network, including propagation when a battery system is powered down. The networked layer is described as improving system awareness, reliability, and coordination, and is linked to the company’s Battle Born HUB product and its broader U.S. IP portfolio and manufacturing commitment.

Dragonfly Energy (Nasdaq: DFLI) reported preliminary third quarter 2025 results with Net Sales of $16.0 million and Adjusted EBITDA of $(2.2) million.

Net Sales exceeded guidance of $15.9 million and reflect 26% year-over-year growth. Adjusted EBITDA also exceeded guidance of $(2.7) million, representing an approximately $3.3 million reduction in Adjusted EBITDA loss versus the prior period. Results remain preliminary and are subject to finalization in the Company’s Form 10-Q for the quarter ended September 30, 2025.

Dragonfly Energy (Nasdaq: DFLI) and PACCAR (Nasdaq: PCAR) released a joint whitepaper, "Reducing Idle Time & Fuel Costs: Lithium Powered Solutions for Commercial Fleets," on October 9, 2025. The report compares lithium-powered idle-reduction solutions, including the Battle Born DualFlow Power Pack, with diesel APUs and AGM systems using real-world fleet trials and Environmental Chamber Testing at the PACCAR Technical Center.

The whitepaper highlights reduced idle hours, lower fuel consumption, validated performance under worst-case conditions, extended non-idling sleeper climate operation, and potential maintenance and uptime benefits. Findings are being presented at The Battery Show North America 2025 in Detroit.

Dragonfly Energy (Nasdaq: DFLI) closed an underwritten offering of 23,000,000 shares (including full exercise of a 3,000,000‑share option) at $1.25 per share, generating gross proceeds of approximately $28.75 million on October 8, 2025. The company said net proceeds will fund working capital, repay $4.0 million of its term loan, and support near‑term revenue initiatives and scaling of dry electrode and solid‑state battery investments. The offering was conducted under an effective Form S‑3 shelf registration.

Dragonfly Energy (Nasdaq: DFLI) priced an underwritten common-stock offering of 20,000,000 shares at $1.25 per share for gross proceeds of approximately $25.0 million, before underwriting discounts, commissions and expenses. The company granted underwriters a 30‑day option to buy up to an additional 3,000,000 shares at the public offering price.

The offering is expected to close on or about October 7, 2025. Net proceeds are planned for working capital and general corporate purposes, including the repayment of $4.0 million under the company’s term loan and continued investments in near‑term revenue initiatives and next‑generation battery technologies (scaling the dry electrode process and solid‑state battery applications).

Canaccord Genuity is sole bookrunner and Roth Capital Partners is co‑manager. The offering is made under a Form S‑3 shelf registration declared effective by the SEC on November 24, 2023.

Dragonfly Energy (Nasdaq: DFLI), a Nevada-based energy storage company and maker of Battle Born Batteries®, has been selected for first-round funding by Nevada Tech Hub, one of 31 federally designated tech hubs nationwide. The $300,000 award will support manufacturing modernization and workforce development initiatives.

The funding will be utilized for achieving ISO 9001 certification, modernizing production systems, and upgrading battery manufacturing lines. These improvements are expected to generate six-figure annual savings. The company plans to expand its workforce training programs in partnership with local educational institutions and enhance its 400,000-square-foot manufacturing facility in South Reno.

Dragonfly Energy (Nasdaq: DFLI), maker of Battle Born Batteries, will showcase its technical expertise at The Battery Show North America 2025, taking place October 6-9, 2025 in Detroit. The company's leadership team will participate in multiple sessions focusing on domestic lithium battery manufacturing and hybrid electrification.

Key presentations include a panel on US battery manufacturing challenges featuring COO Dr. Vick Singh, a session on hybrid electrification in trucking by CCO Wade Seaburg, and a three-hour hands-on program on lithium-ion battery fundamentals. The Battery Show is North America's largest advanced battery and electric vehicle technologies event, bringing together industry professionals from the global energy storage supply chain.

Dragonfly Energy (Nasdaq: DFLI) has expanded its partnership with Ember Recreational Vehicles by standardizing Battle Born Batteries® in Ember's 2026 Overland Series. The enhanced collaboration builds on their relationship since Ember's 2021 founding.

The new standard Max Solar Package includes 3.5 to 7 kWh of LiFePO₄ batteries, 1,200 watts of rooftop solar, and a 3,000W inverter/charger. The system features Battle Born® GC3 deep cycle batteries (12V, 270Ah each) and remains available as optional upgrades on Ember's Touring Edition and E-Series models.

The companies will showcase their products at America's Largest RV Show® in Hershey, Pennsylvania (September 10-14, 2025), with Ember at Booth #A10 and Dragonfly Energy at Booth #539.