Welcome to our dedicated page for Dragonfly Energy news (Ticker: DFLIW), a resource for investors and traders seeking the latest updates and insights on Dragonfly Energy stock.
News and disclosures related to Dragonfly Energy Holdings Corp. (DFLI, DFLIW) focus on its activities as a lithium battery technology and energy storage company. Through regular press releases and SEC-referenced announcements, the company reports on developments in cell manufacturing, battery pack assembly, full system integration, and the expansion of its Battle Born Batteries® brand across multiple end markets.
Readers of this news feed can follow updates on Dragonfly Energy’s commercial progress in sectors such as recreational vehicles, marine, rail, and heavy-duty trucking. Recent communications describe OEM integrations of Battle Born® systems in RVs and power catamarans, a distribution partnership with National Railway Supply for rail applications, and orders from Werner Enterprises for idle-reduction power systems built on the company’s LiFePO₄ technology.
The company’s news also covers product launches and portfolio expansion, including industrial-grade Battle Born® Power Station units, new inverter/chargers, Base Series batteries, and a redesigned Battle Born mobile app intended to support complete power system solutions. These announcements provide insight into how Dragonfly Energy is broadening its offerings beyond standalone batteries into integrated power platforms.
In addition, Dragonfly Energy uses news releases to communicate financial and corporate milestones, such as quarterly results, capital raises, debt restructuring agreements, Nasdaq listing status updates, and reverse stock split actions. For investors tracking DFLI common stock and DFLIW warrants, this page aggregates company-issued information on operational performance, capital structure changes, and strategic initiatives in battery technology and energy storage markets.
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) announced the upcoming launch of Dragonfly IntelLigence™, a new technology designed for their Battle Born Batteries, set to enhance energy storage solutions in Spring 2023. This innovative technology features mesh network connectivity for remote monitoring of battery performance via a mobile app, ensuring reliable off-grid power. Key products include the Dragonfly Wing™, a versatile and expandable storage solution using safe LiFePO4 chemistry. The launch is aimed at meeting customer demands for efficient energy management and safety in various applications.
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) announced it received patent US11,491,508 for a new dry powder coating process crucial for lithium-ion battery production. This innovative method enhances efficiency and cost-effectiveness in the manufacturing of all solid-state batteries, which are lighter and non-flammable. The CEO emphasized the importance of domestic battery production for grid stability. Dragonfly aims to disrupt the battery market by focusing on deep cycle storage solutions for various applications, distinguishing itself from competitors targeting the EV sector.
Dragonfly Energy Holdings Corp (Nasdaq: DFLI) successfully completed its business combination with Chardan NexTech Acquisition 2 Corp on October 7, 2022, and commenced trading on Nasdaq on October 10, 2022. The company announced its financial and operational results for the first nine months of 2022, showcasing strategic partnerships, including $15 million from Thor Industries, and ongoing advancements in lithium-ion battery technology. Dragonfly aims to revolutionize energy storage with innovative solutions, while navigating challenges like market competition and supply chain risks.
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) announces several executive promotions to enhance its leadership team, effective immediately. Ms. Nicole Harvey becomes Chief Legal Officer, overseeing corporate law and governance. Mr. Wade Seaburg is appointed Chief Revenue Officer, focusing on sales and business development, while Mr. Tyler Bourns is promoted to Chief Marketing Officer, bringing extensive media experience. The leadership changes come after Dragonfly's recent Nasdaq listing, following the departure of COO Sean Nichols to pursue other interests. These decisions are aimed at supporting the company's growth in energy storage solutions.
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) announced its participation in the Nasdaq Opening Bell Ceremony on October 21, 2022, to celebrate its business combination closure and trading commencement on October 7, 2022. CEO Dr. Denis Phares expressed enthusiasm about going public and the company's commitment to providing lithium-ion batteries to replace lead-acid batteries across various markets. Dragonfly focuses on innovative energy storage solutions, including solid-state technology, targeting a more sustainable smart grid.
Dragonfly Energy Holdings Corp. has completed its merger with Chardan NexTech Acquisition 2 Corp, now trading under the ticker DFLI on Nasdaq. The transaction generated approximately $250 million in gross proceeds, including a $75 million loan and a $150 million equity facility. Dragonfly aims to enhance market penetration, primarily focusing on its All-Solid-State-Battery technology. The company reported revenues of $78 million in 2021 with a CAGR of 119% over three years and has achieved 17 consecutive profitable quarters.