Dragonfly Energy Corporation

Dragonfly Energy Corporation, founded in 2012 in Reno, Nevada, is a premier North American lithium-ion battery manufacturer. Specializing in LiFePO4 systems under the Battle Born Batteries brand, they serve RVs, industrial, and off-grid sectors. Leveraging patented dry electrode technology and smart management systems, Dragonfly Energy delivers innovative, reliable, and environmentally friendly energy storage solutions.

Company Location

Country:

United States

City:

Reno, Nevada

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Company Overview

Dragonfly Energy Corporation, established in 2012 and headquartered in Reno, Nevada, is a leading North American manufacturer of lithium-ion batteries specializing in advanced LiFePO4 energy storage solutions under the Battle Born Batteries brand, serving recreational vehicles, industrial and off-grid residential sectors, and publicly traded on NASDAQ (DFLI).

Battery Technology

Patented dry electrode manufacturing process that is chemistry-agnostic for high-performance lithium battery cells with reduced environmental impact; flagship LiFePO4 battery packs; Dragonfly IntelLigence® smart battery management for real-time monitoring and safety; Wakespeed® Advanced Alternator Charging system; R&D on nonflammable solid-state battery technology.

Products

Battle Born Batteries LiFePO4 battery packs known for durability and extended lifespan; Dragonfly IntelLigence® BMS technology; Wakespeed® Advanced Alternator Charging system; Battle Born All-Electric APUs for hybrid truck solutions.

Recent Projects

2024 agreement with Stevens Transport to convert 2,500 trucks to hybrid solutions using Battle Born All-Electric APUs, starting with 100 trucks in 2025; partnership with Bruker to advance dry electrode technology; distribution expansion with Keystone Automotive Operations.

Investors

Denis Phares holds 25.4%; Dynavolt Technology HK Ltd. holds 18.7%; Vanguard Group holds 1.2%; KFG Wealth Management holds 0.7%; Millennium Management holds 0.4%. Additionally, the company has a $150M equity facility with Chardan.

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