Dragonfly Energy(US:DFLI) Globenewswireยท2025-10-02 11:30Core Insights - Dragonfly Energy Holdings Corp. has been selected for funding by the Nevada Tech Hub to enhance its lithium battery manufacturing capabilities and workforce development [1][2][3] - The funding, approximately $300,000, will support modernization initiatives aimed at improving efficiency and reducing costs [3][8] - The company plans to expand its skilled workforce through training and hiring initiatives, contributing to Nevada's lithium battery ecosystem [4][5] Company Overview - Dragonfly Energy specializes in lithium battery technology, including cell manufacturing and battery pack assembly, and is known for its Battle Born Batteries brand [7][9] - The company utilizes a patented dry electrode manufacturing process, allowing for versatile power solutions across various applications [9] Industry Context - Nevada Tech Hub is part of a national initiative to strengthen the lithium battery supply chain and critical materials ecosystem [2][10] - The program aims to create a closed-loop lithium economy in Nevada, encompassing extraction, processing, manufacturing, and recycling [10]