Dragonfly Energy(DFLI)
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Dragonfly Energy Wins Dual Honors at 2026 SEAL Business Sustainability Awards for Breakthrough Trucking Power Solution
Globenewswire· 2026-02-04 12:30
Core Insights - Dragonfly Energy Holdings Corp. has been awarded the Sustainable Innovation Award and the Sustainable Product Award at the 2026 SEAL Business Sustainability Awards for its Battle Born® DualFlow Power Pack, which aims to reduce diesel engine idling in long-haul trucking, a significant source of fuel waste and carbon emissions [3][5]. Group 1: Product Impact - The Battle Born® DualFlow Power Pack has shown a reduction in idle hours by nearly 70%, which translates to an estimated prevention of 10–12 metric tons of CO₂ emissions per vehicle annually when deployed at scale [4]. - The DualFlow Power Pack allows truck drivers to power essential hotel loads during mandatory rest periods without running the engine, thus reducing idle time and supporting starting battery health [6]. Group 2: Company Recognition - The SEAL Business Sustainability Awards recognize companies that demonstrate measurable environmental impact through innovation and leadership, highlighting Dragonfly Energy's breakthrough approach to reducing diesel idling [5]. - Wade Seaburg, the chief commercial officer at Dragonfly Energy, emphasized that the recognition reinforces the belief that sustainability and performance can coexist, showcasing practical innovation alongside broader sustainability leadership [7]. Group 3: Company Overview - Dragonfly Energy is a leader in lithium battery technology, specializing in cell manufacturing, battery pack assembly, and full system integration, with a mission focused on the future deployment of proprietary, nonflammable, all-solid-state battery cells [10]. - The company has established itself as a frontrunner in the lithium battery industry, with hundreds of thousands of reliable battery packs deployed through top-tier OEMs and a diverse retail customer base [10].
Dragonfly Energy Launches Battle Born® Solar Panels Designed for Real-World Installations
Globenewswire· 2026-01-27 12:30
Core Insights - Dragonfly Energy Holdings Corp. has launched its first solar panel product line under the Battle Born brand, marking its expansion into solar generation [3][4] - The new solar panels are designed to optimize power extraction from limited space and maintain consistent output in shaded or variable-light conditions [4][5] Product Details - The Battle Born solar panel lineup includes four initial models, with the Elite Series rigid solar panels achieving high module efficiencies of up to 23 percent [4][8] - The Elite Series incorporates ShadeGuard™ anti-shading technology to enhance energy production under partial shading and inconsistent light conditions [5] - The panels are built with durable materials, including anodized aluminum frames and tempered glass, suitable for demanding environments [6] Market Positioning - The launch aims to provide customers with expanded options that align with their expectations for power systems, focusing on maximizing power output and reliability [9] - The product line is available for immediate sale through Battle Born Batteries and authorized distribution partners [9]
Dragonfly Energy Issues Year-End CEO Letter to Shareholders
Globenewswire· 2026-01-08 12:30
Core Insights - Dragonfly Energy Holdings Corp. has achieved significant milestones in 2025, including improved financial stability, expanded OEM partnerships, and successful deployment in heavy-duty trucking, marking a return to year-over-year revenue growth [1][5]. Financial Performance - The company raised approximately $90 million through three common stock offerings and executed a debt restructuring, reducing total debt principal to $19 million with lower interest rates and extended covenant flexibility through 2026 [3][4]. - The restructuring allowed the company to regain compliance with Nasdaq listing standards, addressing market cap, stockholder's equity, and minimum bid price requirements [4]. Business Strategy - Dragonfly Energy aims to revolutionize energy storage through manufacturing innovations, focusing on Lithium-ion battery adoption and domestic production [2]. - The company emphasizes vertical integration, combining cell manufacturing with battery pack assembly and full system integration, positioning itself as a comprehensive power systems provider [7][8]. Market Position and Growth - The RV market has shown a 45% year-over-year increase in Dragonfly Energy's OEM business in Q3 2025, despite the overall industry being flat, indicating significant market share gains [9]. - Heavy-duty trucking is identified as a key growth opportunity, with the company collaborating with PACCAR to validate its technology for idle reduction solutions [11][12]. Product Development and Innovation - Dragonfly Energy's unique dry aerosol-based manufacturing process for battery electrodes allows for significant cost reductions and the production of all-solid-state batteries, supported by a growing patent portfolio of nearly 100 patents [6]. - The company has successfully expanded its systems into marine and rail sectors, reinforcing its reputation for reliability and innovation across multiple industries [15]. Future Outlook - Despite ongoing economic challenges, the company is optimistic about growth prospects in 2026, driven by momentum in RV, trucking, and adjacent markets [16][17].
Is ARQIT QUANTUM (ARQQ) Outperforming Other Computer and Technology Stocks This Year?
ZACKS· 2026-01-06 15:40
Group 1 - Arqit Quantum Inc. (ARQQ) is part of the Computer and Technology sector, which includes 613 stocks and holds a Zacks Sector Rank of 1, indicating strong performance relative to peers [2] - The Zacks Rank system focuses on earnings estimates and revisions, with ARQQ currently holding a Zacks Rank of 2 (Buy), reflecting a positive earnings outlook as the consensus estimate for full-year earnings has increased by 9.5% over the past three months [3] - Year-to-date, ARQQ has returned 27.4%, outperforming the average return of 27.1% for the Computer and Technology sector [4] Group 2 - Arqit Quantum Inc. is categorized under the Internet - Software industry, which consists of 174 companies and ranks 58 in the Zacks Industry Rank, with ARQQ performing better than the industry's average gain of 7.9% this year [5] - In contrast, Dragonfly Energy Holdings Corp. belongs to the Electronics - Miscellaneous Products industry, which has a lower rank of 91 and has increased by 34.3% year to date [6] - Both Arqit Quantum Inc. and Dragonfly Energy Holdings Corp. are showing solid performance, suggesting that they are worth monitoring for investors interested in Computer and Technology stocks [6]
Dragonfly Energy announces 1-for-10 reverse stock split
Yahoo Finance· 2025-12-17 12:35
Core Viewpoint - Dragonfly Energy (DFLI) will implement a 1-for-10 reverse stock split of its outstanding common stock, effective for trading on December 18, 2025 [1] Company Actions - The reverse stock split will reduce the number of shares outstanding, which may impact the stock price positively by increasing the per-share value [1] - After the split, Dragonfly Energy's common stock will continue to trade on The Nasdaq Capital Market under the symbol "DFLI" and will have a new CUSIP number, 26145B 403 [1]
Dragonfly Energy Announces 1-For-10 Reverse Stock Split
Globenewswire· 2025-12-16 12:30
Core Viewpoint - Dragonfly Energy Holdings Corp. will implement a 1-for-10 reverse stock split effective December 18, 2025, to maintain Nasdaq compliance and support future growth [1][4]. Summary by Sections Reverse Stock Split Details - The reverse stock split will convert every ten pre-split shares into one share, maintaining the par value at $0.0001 per share [2]. - The total number of outstanding shares will decrease from approximately 120.8 million to about 12.1 million [3]. Company Strategy and Financial Position - The reverse stock split is part of a strategy to enhance the company's financial foundation, following recent capital raises and debt restructuring that improved liquidity [4]. - The company aims to scale revenue, deepen strategic partnerships, and invest in advanced battery technologies for long-term value creation [4]. Shareholder Approval and Implementation - The reverse stock split was approved by a majority of shareholders at the Annual Meeting on October 15, 2025, with the board deciding on a 1-for-10 ratio on December 2, 2025 [4]. Company Overview - Dragonfly Energy specializes in lithium battery technology, including cell manufacturing and battery pack assembly, and is recognized for its Battle Born Batteries® brand [6]. - The company focuses on domestic lithium battery cell production and aims to develop nonflammable, all-solid-state battery cells for various applications [6].
Dragonfly Energy Announces Distribution Partnership with National Railway Supply as AREMA Approves First Lithium Battery Standard
Globenewswire· 2025-12-10 12:30
Core Insights - Dragonfly Energy Holdings Corp. has announced a new distribution partnership with National Railway Supply LLC, marking the first time NRS will offer a lithium battery line, thereby expanding access to Dragonfly Energy's solutions in the North American rail sector [1][5] Industry Developments - The American Railway Engineering and Maintenance-of-Way Association has passed its first lithium battery Manual Part, providing engineering guidance for lithium batteries in railroad applications, which positions lithium technology alongside traditional lead-acid and nickel-cadmium technologies [2][4] - The new AREMA lithium standard allows railroad engineering teams to evaluate and deploy lithium iron phosphate (LiFePO₄) technology, which offers advantages such as thermal stability, long cycle life, and minimal maintenance, making it suitable for mission-critical environments [3][6] Company Positioning - Dragonfly Energy has played a significant role in the development of the AREMA lithium standard, which is seen as a major inflection point for the rail industry, facilitating the transition to modern energy storage solutions [4][5] - The partnership with NRS will enable immediate distribution of Dragonfly Energy's Battle Born Batteries to a nationwide customer base, with plans to feature these products at the upcoming AREMA Communication Signals and Information Technology Symposium in March 2026 [4][5] Product Advantages - Dragonfly Energy's LiFePO₄ technology is designed to meet the safety, reliability, and durability demands of rail operations, providing a modern alternative to legacy battery chemistries [5][6] - The company's proprietary dry electrode manufacturing process allows for chemistry-agnostic power solutions applicable across various sectors, including energy storage systems and electric vehicles [7]
Dragonfly Energy Expands Marine OEM Footprint with World's Largest Power Catamaran Manufacturer, World Cat
Globenewswire· 2025-12-08 12:30
Core Insights - Dragonfly Energy Holdings Corp. has expanded its partnership with World Cat, integrating Battle Born power systems into new models, specifically the 400DC-X Island dual-console model [1][4] - The successful deployment of Battle Born Batteries on the World Cat 325 DC has led to this expansion, highlighting the reliability and performance of the company's systems [2][4] - The new 400DC-X Island model features a 540Ah lithium ship's power system with a dedicated AC inverter, catering to customer demand for enhanced onboard systems [3] Company Overview - Dragonfly Energy is a leader in lithium battery technology, specializing in cell manufacturing, battery pack assembly, and full system integration [6] - The company’s Battle Born Batteries brand has established a strong presence in the market, with hundreds of thousands of battery packs deployed through top-tier OEMs [6] - Dragonfly Energy aims to advance clean energy solutions, including the development of proprietary, nonflammable, all-solid-state battery cells [6]
Hybrid Power Solutions announces Stocking Order from Dragonfly Energy
Thenewswire· 2025-11-28 13:35
Core Insights - Hybrid Power Solutions Inc. has received a stocking order from Dragonfly Energy Holdings Corp. to manufacture and supply portable power units under the Battle Born® brand, indicating a strong partnership in the clean energy sector [1][2][3] Company Overview - Hybrid Power Solutions is a Canadian innovator focused on fuel-free clean power solutions, specializing in portable power systems that eliminate the need for fossil fuels in off-grid and remote applications [4] Market Position and Demand - The order from Dragonfly Energy highlights Hybrid's growing momentum in the clean energy sector, particularly for applications in remote operations, emergency response, and sustainable infrastructure projects [2][3] - The company's portable power systems are gaining traction as reliable alternatives to diesel generators, driven by their rugged durability, rapid deployment, and zero-emission performance [2][3] Leadership Commentary - CEO Francois Byrne emphasized that the partnership with Dragonfly validates Hybrid's product platform and manufacturing scalability, enhancing production visibility and supply chain resilience [3] - The CEO noted that increasing demand from sectors such as AI data centers, transit fleets, and industrial microgrids positions Hybrid at the forefront of the clean power revolution [3] Strategic Focus - Hybrid Power Solutions is prioritizing North American manufacturing reshoring, cost discipline, and accelerated R&D to meet the rising global demand for resilient and scalable clean power solutions [3]
Dragonfly Energy Introduces Battle Born® Industrial-Grade Power Stations
Globenewswire· 2025-11-28 12:30
Core Insights - Dragonfly Energy Holdings Corp. has launched the Battle Born Power Station Series, which includes the Battle Born Power Station 3000 and Power Station Pro 5000, aimed at professional and off-grid applications [2][5] - These power stations are designed for demanding environments, providing quiet, emissions-free power with a durable, weatherproof design [3][4] - The Power Station 3000 offers 3,000 watts of continuous output and 2.5 kilowatt-hours of LiFePO₄ energy storage, while the Pro 5000 provides 5,000 watts and 5.1 kilowatt-hours of storage [4] Product Features - The Battle Born Power Station Series is engineered for environments where consumer-grade products are inadequate, ensuring reliable performance in various settings [3] - Both models are safe for indoor and outdoor use, making them suitable for remote job sites and emergency scenarios [3] - The units eliminate the need for fuel, fumes, and routine engine maintenance, offering a long-term alternative to traditional gas and diesel generators [3] Market Positioning - The launch of these industrial-grade power stations positions Dragonfly Energy as a leader in the portable power market, particularly in applications where dependable power is crucial [5] - Pre-orders for the new models are currently available with special pricing, and initial shipments are expected to begin in Q1 2026 [5] Company Overview - Dragonfly Energy specializes in lithium battery technology, including cell manufacturing and battery pack assembly, and is recognized for its Battle Born Batteries brand [7][8] - The company employs a patented dry electrode manufacturing process, enabling it to produce chemistry-agnostic power solutions for various applications [8]