Company Overview

Dragonfly Energy Holdings Corp. is a U.S.-based energy storage technology company focused on lithium battery manufacturing, battery pack engineering, and solid-state battery research. The company operates primarily in the energy storage and electrification sectors, with a concentration on lithium-ion batteries for recreational vehicles (RVs), marine applications, off-grid systems, industrial equipment, and other mobile and stationary power applications. Dragonfly Energy is publicly traded on NASDAQ under the ticker DFLI and is widely associated with its consumer-facing battery brand, Battle Born Batteries.

The company’s primary revenue drivers are the sale of lithium iron phosphate (LiFePO4) battery packs, related power system components, and integrated energy storage solutions. Dragonfly Energy has positioned itself as a domestic U.S. battery technology company emphasizing vertically integrated design, proprietary battery management systems, and long-duration battery performance. The company traces its origins to the founding of Battle Born Batteries in Nevada and later expanded into advanced battery research, including dry electrode and solid-state battery technologies intended to support future electrification markets.

Business Operations

Dragonfly Energy generates revenue primarily through the sale of lithium-based energy storage systems and related accessories under its Battle Born Batteries brand. Its operations include battery pack design, assembly, testing, software-enabled battery management systems, and energy storage integration. The company serves both direct-to-consumer and business-to-business channels, including OEMs in the RV and specialty vehicle industries. Public filings indicate that the company’s business model combines branded product sales with longer-term investment in proprietary battery manufacturing technologies.

The company’s operational footprint is centered in the United States, particularly Nevada, where it conducts assembly, engineering, testing, and research activities. Dragonfly Energy has also invested in intellectual property associated with solid-state battery chemistry and dry powder electrode processing technologies designed to reduce manufacturing complexity and improve energy density. The company maintains relationships with component suppliers and manufacturing partners across the battery supply chain while continuing efforts to increase domestic production capabilities. Data regarding certain international manufacturing relationships is limited in public disclosures.

Strategic Position & Investments

Dragonfly Energy’s strategic direction centers on expanding U.S.-based battery manufacturing capabilities while advancing next-generation battery technologies. The company has publicly emphasized research into non-flammable solid-state battery systems and dry electrode manufacturing processes that may reduce production costs and dependency on traditional solvent-based battery manufacturing. Management has stated that these initiatives are intended to position the company within broader electrification and energy independence trends across transportation and stationary storage markets.

The company has invested in scaling its branded lithium battery business while also pursuing intellectual property development and commercialization opportunities. Strategic efforts have included expansion into OEM partnerships within the RV and marine industries, continued investment in engineering and testing infrastructure, and development of energy storage platforms targeting mobile and off-grid applications. Dragonfly Energy’s most recognized operating brand remains Battle Born Batteries, which functions as a core commercial channel for customer acquisition and recurring battery sales.

Geographic Footprint

Dragonfly Energy is headquartered in Reno, Nevada, and its principal operations are concentrated in the United States. The company’s customer base primarily spans North America, with significant exposure to the U.S. recreational vehicle, marine, and off-grid energy markets. Public disclosures identify domestic assembly and operational activities as a strategic differentiator amid broader efforts to localize portions of the battery supply chain.

While the company’s largest market presence remains within North America, Dragonfly Energy participates in global supply networks for battery materials and components. Its products are distributed across multiple end-use sectors with customers located throughout the United States, Canada, and select international markets. Publicly available information indicates international sourcing relationships, though the full extent of overseas operational influence and manufacturing dependency is not comprehensively detailed in all filings.

Leadership & Governance

Dragonfly Energy evolved from the founders of Battle Born Batteries and has maintained leadership continuity through its transition into a publicly traded battery technology company. The company’s governance structure includes executives with backgrounds in battery engineering, energy systems, manufacturing, and consumer product commercialization. Leadership communications and investor materials consistently emphasize domestic battery innovation, long-term technology development, and vertical integration as core strategic principles.

Key executives and leadership figures include:

• Denis Phares – Founder, Chief Executive Officer, and Director
• Alex Klenk – Chief Financial Officer
• Dr. Shen Qing Zhang – Chief Technology Officer
• Wade Seaburg – Director
• Richard L. Hatfield – Director
• Patricia Z. Myers – Director

The company’s leadership strategy has focused on balancing near-term commercial battery sales growth with long-term investment in advanced battery chemistries and manufacturing technologies. Governance disclosures in public filings indicate continued emphasis on intellectual property development, operational scaling, and expansion within electrification-related markets.