Dragonfly Energy Holdings Corp.

Dragonfly Energy Holdings Corp. has completed the acquisition of substantially all operating assets of the Dakota Lithium brand for $4.0 million, comprising $1.0 million in cash and $3.0 million in common stock. This acquisition expands Dragonfly Energy's reach across various specialty battery markets and is expected to contribute meaningful revenue and be accretive to Adjusted EBITDA in the fourth quarter of 2026. Concurrent lender amendments provide additional financial flexibility by preserving approximately $1 million in near-term liquidity.

Dragonfly Energy Holdings Corp. announced it will release its financial and operational results for the second quarter ended June 30, 2026, after market close on Thursday, August 6, 2026. The company will host a conference call on the same day at 4:30 PM Eastern Time to discuss the results. Interested parties can access the live webcast through the Investor Relations section of Dragonfly Energy's website, with advance registration required for phone participation and Q&A.

Dragonfly Energy Holdings Corp. announced the appointment of Robert Keller as its Director of National Fleet Sales. Mr. Keller brings nearly four decades of experience in fleet operations, commercial vehicle sales, and telematics, having held roles at Volvo Trucks North America and other companies. This strategic hire aims to strengthen Dragonfly Energy's commercial presence within the heavy-duty trucking market and expand the adoption of its battery and power system technologies.

Dragonfly Energy Holdings Corp. announced the appointment of Lukas Lutz as an independent director to its Board, effective June 18, 2026. Mr. Lutz will also serve as a member of the Nominating and Corporate Governance Committee, replacing Brian Nelson. He was granted 10,000 restricted stock units, with half vesting immediately and the remainder vesting in one year, in addition to standard non-employee director compensation.

Dragonfly Energy Holdings Corp. announced the appointment of Dr. Lukas Lutz to its Board of Directors. Dr. Lutz is a Co-Founder of Sphere Energy, a technology company that applies AI to engineering, and brings extensive expertise in battery technology, artificial intelligence, and machine learning. His background aligns with Dragonfly Energy's strategy to advance battery technology through integrated system design and manufacturing innovation, leveraging its real-world battery data and proprietary systems.

Dragonfly Energy Holdings Corp. announced it has received a notice of allowance from the United States Patent and Trademark Office for its patent application. This patent, titled "Powderized Solid-State Electrolyte and Electroactive Materials," is directed toward manufacturing processes that support the company's solid-state battery development efforts.

Dragonfly Energy Holdings Corp. announced it received a notice of allowance from the U.S. Patent and Trademark Office for its "Powderized Solid-State Electrolyte and Electroactive Materials" patent application. This patent covers manufacturing processes crucial for the company's solid-state battery development, strengthening its U.S. intellectual property position. CEO Dr. Denis Phares highlighted this as an important step in protecting core technologies for future solid-state battery manufacturing, aiming to simplify production and support scalability towards commercialization. This milestone follows multiple recent international patent allowances, further building the company's broad intellectual property portfolio.

Dragonfly Energy Holdings Corp. announced it has received a notice of allowance from the European Patent Office for its patent application titled "Systems and Methods for Dry Powder Coating Layers of an Electrochemical Cell." This patent covers key elements of the company's proprietary dry electrode manufacturing platform. The technology utilizes dry powder coating to form critical layers within an electrochemical cell, supporting electrode, separator, and solid-state electrolyte layers.

Dragonfly Energy Holdings Corp. announced it has received a notice of allowance from the European Patent Office for its patent application titled "Systems and Methods for Dry Powder Coating Layers of an Electrochemical Cell." This patent covers key elements of the company's proprietary dry electrode manufacturing platform, which utilizes dry powder coating for critical layers within electrochemical cells. The allowance significantly strengthens Dragonfly Energy's intellectual property position in scalable, solvent-free battery manufacturing and all-solid-state battery development, supporting its strategy for global commercialization.

Dragonfly Energy Holdings Corp. filed a Withdrawal of Designation for its Series A Convertible Preferred Stock on June 5, 2026, with the Nevada Secretary of State. This action eliminated the designation from the company's Articles of Incorporation, noting that no Series A Preferred Stock shares were ever issued or outstanding. Additionally, the company filed a Certificate of Amendment to update its registered agent and registered office.