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Dragonfly Energy Partners with Awaken RV to Power Next-Generation Fiberglass Travel Trailers

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Dragonfly Energy (Nasdaq: DFLI) has announced a strategic partnership with Awaken RV, a new RV manufacturer led by industry veteran Scott Hubble. The partnership establishes Battle Born Batteries® as the standard lithium power solution for Awaken RV's debut lineup of molded fiberglass travel trailers.

The collaboration features Awaken RV's innovative travel trailers equipped with Battle Born GC3 lithium batteries, offering expandable options and solar compatibility. The trailers combine modern design elements including panoramic windows, residential-style amenities, and seamless exteriors with Dragonfly Energy's LiFePO₄ battery technology to support extended off-grid adventures.

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Positive

  • Strategic partnership with new RV manufacturer expands market presence
  • Battle Born Batteries selected as standard equipment in new product line
  • Partnership targets growing off-grid RV market segment
  • Alignment with premium RV manufacturer enhances brand positioning

Negative

  • None.

News Market Reaction

-2.94%
9 alerts
-2.94% News Effect
+2.7% Peak Tracked
-16.8% Trough Tracked
-$670K Valuation Impact
$22M Market Cap
0.2x Rel. Volume

On the day this news was published, DFLI declined 2.94%, reflecting a moderate negative market reaction. Argus tracked a peak move of +2.7% during that session. Argus tracked a trough of -16.8% from its starting point during tracking. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $670K from the company's valuation, bringing the market cap to $22M at that time.

Data tracked by StockTitan Argus on the day of publication.

Battle Born Batteries® to serve as the standard lithium power solution in Awaken RV’s debut lineup

  • Awaken RV, a brand-new manufacturer founded by industry veteran, Scott Hubble, debuts its first lineup with Battle Born Batteries® as standard equipment
  • Dragonfly Energy’s Battle Born Batteries® continue to be widely adopted by top RV OEMs, growing the Company’s share of the RV market
  • The partnership delivers safe, reliable, and long-lasting lithium power to support modern off-grid RV travel

White_Fall

RENO, Nev., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and battery technology and maker of Battle Born Batteries®, announces a new partnership with Awaken RV, a recently launched RV manufacturer led by industry veteran, Scott Hubble. Awaken RV’s debut line of molded fiberglass trailers include Battle Born® lithium batteries as standard equipment, delivering the safe, reliable, and long-lasting power needed to support extended off-grid adventures.

“From day one, our focus has been on designing RVs that truly reflect how today’s customers want to travel,” said Scott Hubble, chief executive officer of Awaken RV. “That means modern design, thoughtful amenities, and a power system that keeps up with real-world use. Battle Born Batteries give our customers the dependable energy storage they need to enjoy off-grid living without compromise.”

Awaken RV enters the market with a mission to reimagine fiberglass travel trailers. The debut units offer a sleek seamless exterior, large panoramic windows, and innovative interiors that include larger residential-style refrigerators, dry baths, and layouts designed for comfort and usability. By pairing these designs with Dragonfly Energy’s lithium technology, Awaken delivers not only aesthetic and functional upgrades, but also the confidence that owners can power their adventures reliably wherever the road takes them.

“Awaken RV is an inspiring new voice in the industry, and we’re proud to power their debut lineup,” said Wade Seaburg, chief commercial officer of Dragonfly Energy. “Our LiFePO₄ batteries are designed to perform in demanding conditions, making them the perfect fit for customers who expect modern comfort and reliable off-grid capability. Together we’re enabling a new standard for adventure-ready fiberglass RVs.”

With a base configuration including a Battle Born GC3 lithium battery, expandable options, and solar compatibility, Awaken RV trailers are equipped to meet the growing demand for off-grid flexibility among today’s RV owners.

For more information about Dragonfly Energy, and its innovative energy solutions, visit DragonflyEnergy.com. 

To learn more about Awaken RV’s debut lineup, visit AwakenRV.com or contact info@awakenrv.com

About Dragonfly Energy
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) is a comprehensive lithium battery technology company, specializing in cell manufacturing, battery pack assembly, and full system integration. Through its renowned Battle Born Batteries® brand, Dragonfly Energy has established itself as a frontrunner in the lithium battery industry, with hundreds of thousands of reliable battery packs deployed in the field through top-tier OEMs and a diverse retail customer base. At the forefront of domestic lithium battery cell production, Dragonfly Energy's patented dry electrode manufacturing process can deliver chemistry-agnostic power solutions for a broad spectrum of applications, including energy storage systems, electric vehicles, and consumer electronics. The Company's overarching mission is the future deployment of its proprietary, nonflammable, all-solid-state battery cells.

To learn more about Dragonfly Energy and its commitment to clean energy advancements, visit investors.dragonflyenergy.com.

About Awaken RV

Founded by longtime RV executive Scott Hubble, Awaken RV is a new manufacturer dedicated to redefining molded fiberglass RVs. With a focus on modern design, premium features, and dependable off-grid performance, Awaken RV delivers innovative trailers that combine durability, functionality, and adventure-ready style. For more information, visit awakenrv.com

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical statements of fact and statements regarding the Company's intent, belief, or expectations, including, but not limited to, statements regarding Battle Born Batteries with Dragonfly IntelLigence, the Company's future results of operations and financial position, planned products and services, business strategy and plans, market size and growth opportunities, competitive position and technological and market trends. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions.

These forward-looking statements are subject to risks, uncertainties, and other factors (some of which are beyond the Company's control) which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Such factors include those set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and in the Company's subsequent filings with the SEC available at www.sec.gov. If any of these risks materialize or any of the Company's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company presently does not know or that it currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. All forward-looking statements contained in this press release speak only as of the date they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

Photos:

Investor Relations
Eric Prouty
Szymon Serowiecki
AdvisIRy Partners
DragonflyIR@advisiry.com

Media Relations
Margaret Skillicorn
RAD Strategies Inc.
dragonfly@radstrategiesinc.com

A photo accompanying this announcement is available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/9b4c75d7-81fb-4888-abc5-078a357dffca

Source: Dragonfly Energy Holdings Corp.


FAQ

What is the new partnership between Dragonfly Energy and Awaken RV?

Dragonfly Energy's Battle Born Batteries® will serve as the standard lithium power solution in Awaken RV's new lineup of fiberglass travel trailers, providing reliable off-grid power capabilities.

What type of battery system will Awaken RV use in their travel trailers?

Awaken RV will use the Battle Born GC3 lithium battery as the base configuration, with expandable options and solar compatibility.

Who is leading Awaken RV's new venture with Dragonfly Energy?

Scott Hubble, an industry veteran, is leading Awaken RV as Chief Executive Officer in this partnership with Dragonfly Energy.

What features do the new Awaken RV travel trailers include?

The trailers feature a sleek seamless exterior, large panoramic windows, residential-style refrigerators, dry baths, and layouts designed for comfort with Battle Born Batteries® power systems.

How does this partnership benefit DFLI investors?

The partnership expands Dragonfly Energy's market presence in the RV industry and positions the company to capture growth in the premium off-grid RV segment.
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