DRAGONFLY ENERGY HOLDINGS CORP - DFLI STOCK NEWS

Dragonfly Energy (Nasdaq: DFLI) has expanded the availability of its Battle Born® Mobile App to Android users through the Google Play Store. The app, which works with batteries featuring Dragonfly IntelLigence® smart battery technology, enables wireless monitoring and management of Battle Born® smart battery systems.

The mobile application provides users with real-time data, system alerts, historical performance insights, and diagnostic capabilities. It supports monitoring of both individual batteries and entire battery banks across various setup sizes, including RVs, off-grid homes, and marine vessels. The app features an intuitive interface and is now accessible on both Android and iOS platforms through their respective app stores.

Dragonfly Energy (Nasdaq: DFLI) has been awarded the 'Battery Technology Company of the Year' at the 2025 CleanTech Breakthrough Awards, selected from thousands of nominations across 14 countries. The company was recognized for two major innovations:

1. Their patented dry electrode manufacturing process for lithium batteries, which eliminates toxic solvents and energy-intensive drying ovens, enabling sustainable and scalable battery production. The process produces PFAS-free battery cells and is compatible with high-purity recycled materials.

2. The Dragonfly IntelLigence® technology, which offers advanced battery communication through a hardwired mesh network, enabling real-time remote monitoring and smart energy management via their mobile app.

This recognition validates Dragonfly Energy's commitment to sustainable innovation and technological advancement in energy storage solutions, serving industries from RV manufacturing to commercial fleet operations.

Dragonfly Energy (DFLI) reported Q4 2024 financial results with net sales of $12.2 million, up 17% year-over-year, driven by 61% growth in OEM sales to $6.2 million. Full-year 2024 revenue was $50.6 million with a gross margin of 23.0%.

The company posted a Q4 net loss of $(9.8) million and Adjusted EBITDA of $(2.0) million. For the full year, net loss widened to $(40.6) million with Adjusted EBITDA of $(18.5) million.

Key developments include a successful debt restructuring and additional capital raise through a strategic investor. The company has launched a corporate optimization program and promoted Dr. Vick Singh to COO. Despite RV market challenges, increased OEM adoption and new partnerships in trucking and industrial markets show promise.

Looking ahead, Dragonfly guides Q1 2025 net sales of approximately $13.3 million and targets positive Adjusted EBITDA by Q4 2025.

Dragonfly Energy (Nasdaq: DFLI), a leader in energy storage and battery technology, has scheduled its Q4 and Full Year 2024 financial results release for March 24, 2025, after market close. The announcement will be followed by a conference call at 4:30 PM Eastern Time.

Investors can access the live webcast through the company's Investor Relations website or join via telephone by dialing (800) 549-8228 (North America, toll-free) or +1 (289) 819-1520 (International) with conference ID: 85219. Participants are advised to join 10 minutes before the event starts. An archive of the webcast and earnings release will be available on the company's website afterward.

Dragonfly Energy (Nasdaq: DFLI) has launched the Battle Born® DualFlow Power Pack, a lithium power solution for long-haul trucking unveiled at TMC's 2025 Annual Meeting. This innovative system eliminates idle time and reduces starter battery strain by providing dedicated power for hotel loads in trucks.

The DualFlow Power Pack features LiFePO₄ battery technology and installs under the bunk in under an hour without modifications. It recharges while driving using Wakespeed® Charge Control Technology. Key benefits include:

• Eliminates idling during mandatory rest periods, saving approximately 4 gallons of fuel daily
• Extends starter battery life by reducing deep discharges
• Universal compatibility with most sleeper cab models
• 10-year warranty coverage

The system is particularly suited for fleets without auxiliary air conditioners and offers a return on investment in under a year. Major fleets have already begun implementing the DualFlow Power Pack in their operations.

Dragonfly Energy (DFLI) has announced a significant financial restructuring, including a debt amendment and capital raise to enhance liquidity. The company completed an amendment to its existing debt facility, securing key terms including: covenant waivers through June 30, 2026, debt maturity extension to October 2027, PIK interest option for 2025, and reduced monthly liquidity covenant to $2.5 million through March 2026.

The company also entered a definitive agreement for $3.5 million in initial gross proceeds through Series A Convertible Preferred Stock sale, with an additional $4.5 million contingent upon stockholder approval and SEC registration. The agreement includes warrants for up to $40 million in additional Preferred Stock purchases. The Preferred Stock is convertible at $2.332 per common share, with proceeds intended for working capital and general corporate purposes.

Dragonfly Energy Holdings Corp. (Nasdaq: DFLI), a leader in energy storage and battery technology, has appointed AdvisIRy Partners as its new investor relations firm. The company, which specializes in lithium-ion battery solutions for RV, trucking, and industrial sectors, is working on developing proprietary dry electrode technology for next-generation battery cell manufacturing.

CEO Dr. Denis Phares emphasized that this partnership comes at a important point in the company's evolution. AdvisIRy Partners, successor to Morgen-Walke Associates, will be led by Partner Eric Prouty, who will work with Dragonfly's executive team on investor relations strategies, messaging, and outreach. The firm brings extensive experience in sell-side, buy-side, and investor relations.

Dragonfly Energy (Nasdaq: DFLI) has secured a major purchase order from Stevens Transport for its Battle Born® All-Electric APUs. Stevens Transport, one of North America's largest temperature-controlled freight carriers, will transition its entire fleet of 2,500 trucks to Dragonfly's lithium power solutions. The implementation begins with 100 trucks in Q1 2025.

The partnership focuses on hybrid electrification, combining combustion engines with lithium iron phosphate batteries, rather than full fleet electrification. This approach aims to provide a cost-effective, sustainable solution while enhancing fleet performance and reducing operational costs. The initiative represents Stevens Transport's commitment to environmental sustainability and operational efficiency in the trucking industry.

Dragonfly Energy (Nasdaq: DFLI) announces the release of new Battle Born® smart lithium batteries featuring Dragonfly IntelLigence®, their patent-pending technology for battery monitoring. The launch coincides with their Black Friday sales event running through Cyber Monday. The smart batteries offer real-time monitoring capabilities through the Battle Born Mobile App, allowing users to track battery performance, receive alerts, and access historical data. The technology ensures compliance with ABYC E-13 Standards for marine vessel lithium systems. Special introductory pricing is available during the Black Friday event at BattleBornBatteries.com.