Preliminary First Quarter Net Sales and Adjusted EBITDA Above GuidanceRENO, Nev., April 23, 2025 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and battery technology, today announced preliminary first quarter 2025 Net Sales and Adjusted EBITDA. The Company anticipates first quarter 2025 Net Sales of $13.4 million and Adjusted EBITDA of $(3.6) million, above the guidance provided in the fourth quarter of 2024. “F ...

Core Viewpoint - Dragonfly Energy Holdings Corp. is committed to environmental sustainability by pledging to plant thousands of trees in collaboration with the National Forest Foundation, aiming to exceed last year's planting of 10,000 trees [2][6]. Group 1: Environmental Commitment - The company is partnering with the National Forest Foundation to support reforestation efforts, which have resulted in over 33.5 million trees planted since 2018, including more than five million in 2024 [3][5]. - Dragonfly Energy will plant 10 trees for every battery sold during its Earth Day sale from April 21 to April 25, further emphasizing its dedication to environmental stewardship [4][6]. Group 2: Industry Position - Dragonfly Energy is recognized as a leader in green energy storage, specializing in lithium battery technology and manufacturing, with its Battle Born Batteries® brand being widely deployed [9]. - The company utilizes a patented dry electrode manufacturing process, allowing for chemistry-agnostic power solutions across various applications, including energy storage systems and electric vehicles [9]. Group 3: Future Goals - The collaboration with the National Forest Foundation aligns with the U.S. Forest Service's broader environmental plan to combat climate change, with a goal to plant 50 million trees by the end of 2025 [5][6].

Selected from thousands of nominations across 14 countries, Dragonfly Energy was named "Battery Technology Company of the Year" for its industry-leading innovations in lithium battery technology.The award highlights the Company's patented dry electrode manufacturing process, which eliminates toxic solvents and energy-intensive drying ovens—reducing environmental impact and enabling scalable, sustainable battery cell production.Dragonfly IntelLigence® technology was also recognized for redefining smart batte ...

Annual Awards Program Recognizes Companies and Products Driving Innovation in the Global Clean Technology IndustrySelected from thousands of nominations across 14 countries, Dragonfly Energy was named “Battery Technology Company of the Year” for its industry-leading innovations in lithium battery technology.The award highlights the Company’s patented dry electrode manufacturing process, which eliminates toxic solvents and energy-intensive drying ovens—reducing environmental impact and enabling scalable, sus ...