Dragonfly Energy Showcases New Battery Cell Manufacturing Process and Intelligent Energy Storage Solutions at RE+ 2023
September 11 2023 - 7:30AM
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy”
or the “Company”), producer of deep cycle lithium-ion batteries and
industry leader in energy storage, will be showcasing its
proprietary battery cell manufacturing process and leading-edge
products at RE+ 2023. The multi-day event, taking place on
September 11-14 at the Venetian Convention & Expo Center in Las
Vegas, attracts more than 27,000 professionals and 1,300
exhibitors, from over 100 countries and all segments of green and
sustainable energy industry. This is the Company's second
appearance at the annual RE+ conference.
“This is one of the largest gatherings of
professionals and products in North America dedicated to clean
energy, so it makes sense that Dragonfly Energy will be there to
demonstrate our commitment to innovative energy storage solutions,”
said Dr. Denis Phares, Chief Executive Officer of Dragonfly Energy.
“We’re honored to showcase our plans to revolutionize clean energy
storage with our industry peers.”
Attendees who visit the Dragonfly Energy exhibit
space (Booth #5945 in the Energy Storage International Section)
will be able to view a sample of the Company’s products and learn
more about its patented technologies. Specifically, Dragonfly
Energy will be showcasing:
- Patented Cell Manufacturing
Technology: Following the recent announcement of the
completion of its new pilot line, Dragonfly Energy will be
showcasing its proprietary dry electrode battery manufacturing
process that is capable of producing batteries across various
lithium chemistries including LFP, NMC and LCO. The patented
processes operate within a significantly smaller manufacturing
footprint and consume notably less power than traditional methods.
The technology will also be used for the development of the
Company’s previously announced non-flammable solid state battery
cells.
- Battle Born
Batteries: Recognized for their reliability, chemical
stability and advanced technology, these industry-leading lithium
iron phosphate (LiFePO4) batteries, power system kits and
accessories will be on exhibit.
- Dragonfly
IntelLigenceTM: Using patented battery
communication and monitoring technology, the Company will be
demonstrating its latest advancements that provide users with
unparalleled access to monitoring, notification, performance, and
safety tools — with real-time notifications from anywhere in the
world via the Dragonfly IntelLigenceTM mobile app.
- Industrial Solar
Integration: Increasingly, industrial applications demand
off-grid solar, combined with batteries to power remote equipment.
Dragonfly Energy representatives will be on hand to provide custom
solutions for supplying reliable power via self-sustaining units
that store solar energy in lithium batteries and deliver power
where grid connectivity is not readily available.
- Home Energy
Storage: Another new product on display will be the Battle
Born Base Station. This easy-to-install and expandable energy
storage unit provides a powerful, safe and long-lasting battery
solution to homes, businesses and industrial applications for
backup and off-grid power.
“Dragonfly Energy continues to innovate and work
towards bringing the safest and most cost-effective products to
market to transform how we store energy, on and off the grid,” Dr.
Phares said. “We’re thrilled to shine a spotlight on these
innovations and demonstrate practical applications in a variety of
settings during RE+ 2023.”
To learn more about Dragonfly Energy, visit
DragonflyEnergy.com.
About Dragonfly EnergyDragonfly
Energy Holdings Corp. (Nasdaq: DFLI) headquartered in Reno, Nevada,
is a leading supplier of deep cycle lithium-ion batteries.
Dragonfly Energy’s research and development initiatives are
revolutionizing the energy storage industry through innovative
technologies and manufacturing processes. Today, Dragonfly Energy’s
non-toxic deep cycle lithium-ion batteries are displacing lead-acid
batteries across a wide range of end-markets, including RVs, marine
vessels, off-grid installations, and other storage applications.
Dragonfly Energy is also focused on delivering an energy storage
solution to enable a more sustainable and reliable smart grid
through the future deployment of its proprietary and patented
solid-state cell technology. To learn more,
visit www.dragonflyenergy.com/investors.
Forward-Looking StatementsThis
press release contains forward-looking statements within the
meaning of the United States Private Securities Litigation Reform
Act of 1995. Forward-looking statements include all statements that
are not historical statements of fact and statements regarding the
Company’s intent, belief, or expectations, including, but not
limited to, statements regarding the Company’s participation in RE+
2023, the Company’s future results of operations and financial
position, planned products and services, business strategy and
plans, market size and growth opportunities, competitive position
and technological and market trends. Some of these forward-looking
statements can be identified by the use of forward-looking words,
including “may,” “should,” “expect,” “intend,” “will,” “estimate,”
“anticipate,” “believe,” “predict,” “plan,” “targets,” “projects,”
“could,” “would,” “continue,” “forecast” or the negatives of these
terms or variations of them or similar expressions.
These forward-looking statements are subject to
risks, uncertainties, and other factors (some of which are beyond
the Company’s control) which could cause actual results to differ
materially from those expressed or implied by such forward-looking
statements. Such factors include those set forth in the sections
entitled “Risk Factors” and “Cautionary Note Regarding
Forward-Looking Statements” in the Company’s Annual Report on Form
10-K for the year ended December 31, 2022 and in the Company’s
subsequent filings with the SEC available at www.sec.gov. If
any of these risks materialize or any of the Company’s assumptions
prove incorrect, actual results could differ materially from the
results implied by these forward-looking statements. There may be
additional risks that the Company presently does not know or that
it currently believes are immaterial that could also cause actual
results to differ from those contained in the forward-looking
statements. All forward-looking statements contained in this press
release speak only as of the date they were made. Except to the
extent required by law, the Company undertakes no obligation to
update such statements to reflect events that occur or
circumstances that exist after the date on which they were
made.
Investor Relations Sioban Hickie, ICR,
Inc.DragonflyIR@icrinc.com
Media RelationsAmy Demuth, RAD Strategies
Inc.media@radstrategiesinc.com
Source: Dragonfly Energy Holdings Corp.
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