Dragonfly Energy(DFLI)
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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
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Arqit Quantum Inc. (ARQQ) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.Arqit Quantum Inc. is a member of the Computer and Technology sector. This group includes 613 individual stocks and currently holds a Zacks Sect ...
Dragonfly Energy announces 1-for-10 reverse stock split
Yahoo Finance· 2025-12-17 12:35
Dragonfly Energy (DFLI) announced that it will effect a 1-for-10 reverse stock split of its outstanding common stock. This will be effective for trading purposes as of the commencement of trading on Thursday, December 18, 2025. Dragonfly Energy’s common stock will continue to trade on The Nasdaq Capital Market under the symbol “DFLI” and under a new CUSIP number, 26145B 403. Claim 50% Off TipRanks Premium and Invest with Confidence Unlock hedge-fund level data and powerful investing tools designed to h ...
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]
Dragonfly Energy Broadens Product Lineup to Drive Growth Beyond Batteries
Globenewswire· 2025-11-25 12:30
Core Insights - Dragonfly Energy Holdings Corp. is expanding its Battle Born® product portfolio with new inverter/chargers, Base Series batteries, and a redesigned mobile app, enhancing its position as a complete power solutions provider across various markets [1][5] Product Expansion - The new Battle Born Inverter/Charger Series features pure sine wave models with advanced power control and inverter assist functions for efficient power management, equipped with Dragonfly IntelLigence® technology and compatible with the Battle Born mobile app for real-time monitoring [2] - The Battle Born Base Series Batteries are designed for a broader, value-conscious market, providing a modern LiFePO₄ alternative to traditional sealed lead-acid units, suitable for portable and auxiliary power needs [3] - The updated Battle Born Mobile App V2.0 offers a redesigned interface and optimized backend for better system control, allowing users to monitor and adjust settings in real time, and introduces RV-C integration for interoperability with third-party platforms [4] Strategic Vision - The CEO of Dragonfly Energy emphasized that the expansion of the product ecosystem marks a pivotal moment in the company's evolution, focusing on delivering a fully integrated power system that enhances customer control and confidence [5] - The new products are available for sale as part of the annual Black Friday sales event, with the mobile app launching on November 28, 2025, and additional product releases planned throughout 2026 [5] 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 [7]
Dragonfly Energy to Supply Werner Enterprises with Advanced Idle-Reduction Power Systems
Globenewswire· 2025-11-24 12:30
Core Insights - Dragonfly Energy Holdings Corp. has received its first order from Werner Enterprises for the Battle Born DualFlow Power Pack after a successful pilot program, marking a significant step in the company's expansion into the heavy-duty trucking sector [1][8]. Product Overview - The Battle Born DualFlow Power Pack is a lithium-powered auxiliary system that reduces idling by providing power for hotel loads and driver amenities during rest periods, leading to lower fuel costs, reduced emissions, and improved vehicle efficiency [2][4]. Market Validation - The order from Werner Enterprises validates Dragonfly Energy's technology and performance in real-world fleet operations, showcasing the effectiveness of its LiFePO₄-powered solutions [3][4]. Operational Efficiency - The integration of the Battle Born DualFlow Power Pack into Werner's fleet enhances driver comfort and operational efficiency while supporting sustainability goals by reducing unnecessary truck starts during breaks [4][5]. Company Background - Dragonfly Energy specializes in lithium battery technology, including cell manufacturing and battery pack assembly, and is recognized for its Battle Born Batteries brand, with a focus on advancing clean energy solutions [6].