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Dragonfly Energy Announces First Quarter 2025 Preliminary Net Sales and Adjusted EBITDA
Globenewswire· 2025-04-23 20:05
Core Viewpoint - Dragonfly Energy Holdings Corp. reported preliminary first quarter 2025 Net Sales of $13.4 million and Adjusted EBITDA of $(3.6) million, exceeding previous guidance provided in Q4 2024 [1][2]. Financial Performance - The first quarter 2025 results indicate a second consecutive quarter of year-over-year growth, driven by ongoing growth initiatives and a focus on profitability [2]. - The preliminary figures for Net Sales and Adjusted EBITDA are subject to finalization in the upcoming Quarterly Report on Form 10-Q for the three months ended March 31, 2025 [3]. Webcast Information - A conference call to discuss the first quarter 2025 financial and operational results is scheduled for May 15 at 4:30 PM Eastern Time, accessible via webcast and telephone [4]. Company Overview - Dragonfly Energy specializes in lithium battery technology, including cell manufacturing and battery pack assembly, with a focus on energy storage systems and electric vehicles [6]. - The company has established a strong market presence through its Battle Born Batteries® brand, with a significant number of battery packs deployed across various applications [6].
KULR Awarded $6.7M by Texas Space Commission to Advance Cold-Temperature KULR ONE Space Battery Platform
Newsfilter· 2025-04-22 12:29
For more information about KULR Technology Group and its advanced energy solutions, please visit www.kulr.ai. About KULR Technology Group Inc. KULR Technology Group Inc. (NYSE:KULR) delivers cutting-edge energy storage solutions for space, aerospace, and defense by leveraging a foundation of in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities. The Company's holistic offering allows the delivery of commercial off-the-shelf and c ...
Dragonfly Energy's Battle Born® Mobile App Now Available for Android Users
Newsfilter· 2025-04-14 11:30
Core Insights - Dragonfly Energy Holdings Corp. has launched the Battle Born Mobile App for Android users, enabling wireless monitoring and management of Battle Born smart battery systems [2][3] - The app is designed to work exclusively with batteries featuring Dragonfly IntelLigence, providing real-time data, system alerts, and diagnostic capabilities [2][3] - The app supports multi-battery systems and is aimed at enhancing user experience for various applications, including RVs, off-grid homes, and marine vessels [3] Company Overview - Dragonfly Energy is a leader in lithium battery technology, specializing in cell manufacturing, battery pack assembly, and full system integration [5] - The company’s Battle Born Batteries brand has established a strong presence in the lithium battery market, with hundreds of thousands of battery packs deployed [5] - Dragonfly Energy utilizes a patented dry electrode manufacturing process, allowing for chemistry-agnostic power solutions across diverse applications [5]
Dragonfly Energy’s Battle Born® Mobile App Now Available for Android Users
Globenewswire· 2025-04-14 11:30
Battle Born Mobile App on Android RENO, Nev., April 14, 2025 (GLOBE NEWSWIRE) -- Android users can now wirelessly monitor and manage their Battle Born smart battery systems through the newly released Battle Born Mobile App, available on the Google Play Store. Developed by 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, the app works exclusively with batteries equipped with Dr ...
Dragonfly Energy Wins the 2025 "Battery Technology Company of the Year" CleanTech Breakthrough Award
Newsfilter· 2025-04-10 11:30
Core Insights - Dragonfly Energy Holdings Corp. has been awarded "Battery Technology Company of the Year" at the CleanTech Breakthrough Awards for its innovations in energy storage and battery technology [2][3][5] - The award highlights the company's patented dry electrode lithium battery cell manufacturing process and its proprietary Dragonfly IntelLigence® technology, which enhances battery communication and monitoring [4][5][7] Company Innovations - The patented dry electrode manufacturing process eliminates the need for toxic solvents and energy-intensive drying ovens, leading to a more sustainable and cost-effective production method [4][5] - Dragonfly IntelLigence® technology allows for seamless communication between batteries and system components, supporting real-time data visualization and smarter energy management [7][8] Market Position - Dragonfly Energy has established itself as a leader in the lithium battery industry, with a strong presence in various sectors including RV manufacturing and commercial fleet operations [8][9] - The company has successfully demonstrated compatibility with high-purity recycled materials, reinforcing its commitment to sustainability and responsible supply chains [6]
Dragonfly Energy Wins the 2025 “Battery Technology Company of the Year” CleanTech Breakthrough Award
Globenewswire· 2025-04-10 11:30
Core Insights - Dragonfly Energy Holdings Corp. has been awarded "Battery Technology Company of the Year" at the CleanTech Breakthrough Awards for its innovations in lithium battery technology [1][5][4] - The award highlights the company's patented dry electrode manufacturing process, which eliminates toxic solvents and reduces environmental impact, enabling scalable and sustainable battery production [5][6] - Dragonfly IntelLigence technology enhances battery communication and monitoring, providing real-time data visualization and smarter energy management [7][5] Company Innovations - The patented dry electrode battery cell manufacturing process allows for a more sustainable and cost-effective pathway to lithium battery production, validated by third-party analysis for its economic and environmental advantages [6][5] - The process reduces energy consumption and capital expenditures while enabling flexible, scalable deployment in decentralized manufacturing environments [6] - The technology supports the production of PFAS-free battery cells and is compatible with high-purity recycled materials, reinforcing the company's commitment to circularity [6] Industry Recognition - Dragonfly Energy was selected from thousands of nominations across 14 countries, showcasing its world-class innovations in lithium-ion battery development and manufacturing [2][5] - The recognition from CleanTech Breakthrough serves as validation of the company's technology and vision in the energy storage sector [8] - The company's products are trusted across various industries, including RV manufacturers and commercial fleet operators, indicating a broad market acceptance [8]
科技的未来 - 低空经济起飞
2025-03-10 03:11
Summary of Key Points from the Conference Call Industry Overview - The low-altitude economy is expected to take off in 2025 with the issuance of the first operating licenses, leading to a new era in transportation [1] - The Global Urban Air Mobility (UAM) market is projected to grow from US$5 billion to US$24 billion by 2030, driven by commercial services [2] - The low-altitude economy encompasses various sectors including transport, logistics, agriculture, and emergency services [2] Market Dynamics - The cumulative order backlog for Electric Vertical Takeoff and Landing (EVTOL) aircraft has surpassed 18,000 units as of the end of 2024, reflecting a 27% year-over-year increase [2] - The global helicopter market has a Total Addressable Market (TAM) of US$40 billion, with EVTOL expected to be several times larger due to lower costs [2] Regulatory Environment - Regulatory support has been crucial, with favorable regulations and accelerated certification processes emerging since the second half of 2023 [3] - EHang is the only company to have received type, production, and airworthiness certificates from the Civil Aviation Administration of China (CAAC) [3][39] - In the US, companies like Joby and Archer are making significant progress in the certification process [3] Technological Advancements - Advances in battery technology, particularly in energy density and power density, have been key enablers for EVTOL development [4] - Current battery technology allows EVTOLs to carry 2-4 passengers over distances of 300 km, with future advancements expected to support ranges of 2,000-3,000 km [4] Cost Structure and Market Potential - EVTOLs are expected to significantly reduce travel costs compared to helicopters, with potential trip costs of US$0.5-1.5 per seat-km [5] - The initial use case for EVTOLs is anticipated to be tourism, expanding to mass transportation in congested areas over time [5] Competitive Landscape - Chinese companies benefit from regulatory support and lower costs, while US companies focus on long-haul transport [6] - EHang, with a market cap exceeding US$5 billion, is a leader in the EVTOL space, having achieved commercial deliveries [6] Investment Implications - The low-altitude economy is positioned as a disruptive technology, with the potential to open air travel to the masses [9] - The market for urban air mobility could grow to over US$40 billion by 2035, with EHang leading in regulatory approvals in Asia [9] Infrastructure and Support - The low-altitude economy requires critical infrastructure such as flight command-and-control centers, communication networks, and takeoff/landing platforms [20] - Local governments in China are providing substantial funding and subsidies to support the development of the low-altitude economy [52] Future Outlook - The integration of autonomous flight technology and AI is expected to enhance the efficiency and safety of low-altitude operations [26] - The market for EVTOLs is projected to grow significantly, with estimates of cumulative units in service ranging from 5,000 to 50,000 by 2030 [27] Conclusion - The low-altitude economy is on the verge of commercialization, driven by regulatory support, technological advancements, and significant market potential [9][20]
SES AI (SES) - 2024 Q4 - Earnings Call Transcript
2025-02-25 23:02
SES AI (SES) Q4 2024 Earnings Call February 25, 2025 05:00 PM ET Company Participants Kyle Pilkington - Chief Legal OfficerQichao Hu - Founder, Chairman & CEOJing Nealis - Chief Financial OfficerMark Shooter - Sr. Associate - Energy & Sustainability Equity Research Conference Call Participants Winnie Dong - AnalystBrian Gordon - Senior Research Analyst Operator Good afternoon. Thank you for attending today's SCSAI Fourth Quarter twenty twenty four Business and Financial Results. My name is Jaylen. I'll be y ...