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Dragonfly Energy

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Dragonfly Energy is a leader in lithium-ion deep cycle batteries, making renewable energy accessible and affordable

Reno, United StatesFounded 2016Transportation
Valuation $4.3M Market cap · 2026
Revenue $60M Latest reported FY

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 data

At a glance

Status
Listed
Founded
2016
Headquarters
Reno, United States
Listing
Public via SPAC 2022
Sector
Transportation
Power Law
Colt$25–100M revenue

Investors

2 investors on the cap table

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

  • Chardan NexTech Acquisition 2 Corp
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Reno HQ
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Web traffic by country
32K monthly visits
across markets
🇺🇸 United States28.4%
🇨🇦 Canada14.1%
🇮🇳 India10.6%
🇬🇧 United Kingdom9.4%
🇦🇺 Australia8.8%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Dragonfly Energy on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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