- CEO
- Denis Phares
- Full Time Employees
- 141
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Address
- 12915 Old Virgina Road Reno NV United States of America 89521
- IPO Date
- Mar 6, 2026
- Business
- Dragonfly Energy Holdings Corp. manufactures and sells deep cycle lithium-ion batteries, primarily lithium iron phosphate (LiFePO4) packs, for recreational vehicles, marine vessels, solar and off-grid residences, industrial applications, heavy-duty trucking, and energy storage markets; the company offers lithium power systems including solar panels, chargers, inverters, system monitoring tools, alternator regulators, accessories, and battery management systems under the Battle Born Batteries, Dragonfly Energy, and Wakespeed brand names. Headquartered in Reno, Nevada, with operations expanded to Indiana and other U.S. locations, Dragonfly Energy was founded in 2012 and went public via a business combination in 2022, listing on Nasdaq under the ticker DFLI. The company operates in two segments—direct-to-consumer and original equipment manufacturers (OEMs)—and develops proprietary dry electrode battery cell manufacturing technology, which is chemistry-agnostic, enables PFAS-free electrodes, and supports next-generation applications including solid-state batteries. Recent developments include a $28.8 million registered direct offering in October 2025 as sole bookrun by Canaccord Genuity for working capital, debt repayment, revenue initiatives, and scaling dry electrode and solid-state technologies; a comprehensive term loan restructuring in November 2025 that reduced corporate debt and enhanced financial flexibility; selection for Nevada Tech Hub funding to bolster the state's battery supply chain; an expanded partnership with Ember Recreational Vehicles to integrate Battle Born Batteries as standard in its 2026 Overland Series; a $30 million licensing deal with Stryten Energy in July 2024 for Battle Born Batteries in new markets; and the unveiling of next-generation Wakespeed power charging solutions along with winning the 2025 Battery Technology Company of the Year CleanTech Breakthrough Award.