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Dragonfly Energy
Dragonfly Energy is a leader in lithium-ion deep cycle batteries, making renewable energy accessible and affordable
About Dragonfly Energy
Dragonfly Energy is a prominent player in the green energy storage sector, specializing in the development and production of Lithium-ion Battery products. The company primarily serves the Recreational Vehicle (RV) and Marine industries through its Battle Born Batteries brand. Dragonfly Energy's business model revolves around the design and assembly of deep cycle LiFePO4 battery packs, which are batteries that can be discharged to a low level without damaging their capacity.
The company has a strong focus on research and development, which has led to the creation of unique patented manufacturing processes. These processes have enabled the company to produce high-quality battery cells domestically, contributing to the advancement of battery technology.
Dragonfly Energy is also working towards the deployment of proprietary non-flammable solid-state battery cells, which are safer and more durable than traditional batteries. These cells are designed for long-term energy storage, making them ideal for use in various industries.
The company's revenue is generated through the sale of its battery products and energy storage systems, both online and through its extensive dealer network. It also offers custom engineering solutions for large Original Equipment Manufacturers (OEMs), further diversifying its income streams.
In addition to its Battle Born Batteries brand, Dragonfly Energy also operates under its own name, offering its battery products to OEM partners. It also owns the Wakespeed brand, which is well-respected within the marine community.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 2016
- Headquarters
- Reno, United States
- Listing
- Public via SPAC 2022
- Sector
- Transportation
- Power Law
- Colt$25–100M revenue
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
U.S. Economic Development Administration
Series B and later1 investor entered at this stage
- CCChardan NexTech Acquisition 2 Corp
Source: Dealroom Talent Intelligence.
Global footprint
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Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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