Dragonfly Energy’s Domestic Battery Manufacturing Validated for Cost Effectiveness and Sustainability
RENO, Nev., April 10, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage, announced today the results from a Cost & Sustainability Assessment conducted by Sphere Energy, a global battery testing and advisory firm. The assessment highlights significant cost and sustainability improvements made by Dragonfly Energy’s patented dry electrode battery manufacturing process when compared to the state-of-the-art (slurry cast) production process currently employed by conventional battery cell manufacturers. Results and findings presented within the assessment were based on specific data from Dragonfly Energy’s cell manufacturing pilot line located in Northern Nevada whilst covering a global supply chain.
- Results of a Cost & Sustainability Assessment, conducted by Sphere Energy, concludes Dragonfly Energy’s patented dry electrode battery manufacturing process is easily scalable, more cost-effective, and more sustainable than the state-of-the-art technology currently available in the market.
- The assessment of Dragonfly Energy’s patented battery manufacturing process highlights significant improvements compared to conventional manufacturing methods:
Dragonfly Energy’s battery manufacturing process is chemistry agnostic, enabling the Company to provide batteries across a variety of chemistries and provide cost-effective battery solutions for electric vehicles, consumer electronics, energy storage, and other markets. - (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage, announced today the results from a Cost & Sustainability Assessment conducted by Sphere Energy, a global battery testing and advisory firm.
- The assessment highlights significant cost and sustainability improvements made by Dragonfly Energy’s patented dry electrode battery manufacturing process when compared to the state-of-the-art (slurry cast) production process currently employed by conventional battery cell manufacturers.