Dragonfly

The Mullings Group Acquires M. J. Moore & Associates and Names Michael Moore Partner

Retrieved on: 
Wednesday, November 1, 2023

The founder of M. J. Moore & Associates, Michael Moore, will join the TMG team as a Partner and continue building companies and careers within our industries.

Key Points: 
  • The founder of M. J. Moore & Associates, Michael Moore, will join the TMG team as a Partner and continue building companies and careers within our industries.
  • The search firm is responsible for more than 8,000 successful searches with over 800+ clients ranging from multi-billion-dollar companies to emerging tech startups worldwide.
  • He began his career at Johnson & Johnson and then spent time in the Interventional Cardiology business unit at Medtronic.
  • "I could not be more excited about joining the exceptional team at The Mullings Group (TMG).

CSI, Dragonfly Financial Technologies Announce Partnership to Expand Business Banking, Cash Management Capabilities

Retrieved on: 
Thursday, October 26, 2023

CSI , a nationwide provider of end-to-end fintech and regtech solutions, announced today it has finalized a partnership with Dragonfly Financial Technologies (Dragonfly), a digital banking and treasury management FinTech, to leverage Dragonfly’s Universal Online Banker platform.

Key Points: 
  • CSI , a nationwide provider of end-to-end fintech and regtech solutions, announced today it has finalized a partnership with Dragonfly Financial Technologies (Dragonfly), a digital banking and treasury management FinTech, to leverage Dragonfly’s Universal Online Banker platform.
  • “We are thrilled about this partnership with Dragonfly, as it allows us to deliver enterprise-level business banking solutions to our customers,” said David Culbertson, CEO and president of CSI.
  • “We are excited to partner with CSI and provide our Universal Online Banker platform to CSI customers,” said Johan Roets, CEO of Dragonfly Financial Technologies.
  • For more information on Dragonfly Financial Technologies, visit www.dragonflyft.com .

Dragonfly Financial Technologies Adds FedNow Payments to Digital Composable Banking Solution

Retrieved on: 
Monday, October 23, 2023

ATLANTA, Oct. 23, 2023 /PRNewswire/ -- Dragonfly Financial Technologies Corp., a digital banking and treasury management FinTech, today launched FedNow Payments, which gives banks the ability to use the recently deployed FedNowÒ Service. Launched in late July 2023, the FedNow Service is a new instant payment infrastructure developed by the Federal Reserve that allows financial institutions of every size across the U.S. to provide safe and efficient instant payment services. Dragonfly's FedNow Payments is a standalone solution that can be added to any bank's digital offering.

Key Points: 
  • ATLANTA, Oct. 23, 2023 /PRNewswire/ -- Dragonfly Financial Technologies Corp ., a digital banking and treasury management FinTech, today launched FedNow Payments, which gives banks the ability to use the recently deployed FedNowÒ Service .
  • Dragonfly's FedNow Payments is a standalone solution that can be added to any bank's digital offering.
  • Dragonfly's FedNow Payments will also be added to its industry-leading Universal Online Banking platform - the only composable banking platform on the market purpose-built for today's digital and embedded business banking needs.
  • FedNow Payments is a payments option available in each composable banking deployment: Dragonfly Digital, Dragonfly as a Service and Dragonfly Embedded Banking.

Dragonfly Energy Successfully Manufactures Lithium Battery Cell Using High-Purity Recycled Battery Materials from Aqua Metals

Retrieved on: 
Tuesday, September 19, 2023

Dragonfly Energy successfully used high-purity lithium hydroxide recovered by Aqua Metals Inc. from recycled lithium-ion batteries to manufacture a lithium-based battery cell using Dragonfly Energy’s patented dry battery electrode coating technology

Key Points: 
  • Dragonfly Energy successfully used high-purity lithium hydroxide recovered by Aqua Metals Inc. from recycled lithium-ion batteries to manufacture a lithium-based battery cell using Dragonfly Energy’s patented dry battery electrode coating technology
    This proof of concept is another milestone in the commitment of Dragonfly Energy and Aqua Metals to help create a closed lithium loop in Nevada, in which lithium battery material sourcing, manufacturing, and recycling all happen within the state
    RENO, Nev., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born Batteries TM and an industry leader in energy storage, in collaboration with Aqua Metals, Inc. (Nasdaq: AQMS) (“Aqua Metals”), a pioneer in sustainable lithium battery recycling, has successfully used high-purity lithium hydroxide recovered by Aqua Metals from recycled lithium-ion batteries to manufacture a lithium-based battery cell using Dragonfly Energy’s patented dry battery electrode coating technology.
  • The process demonstrates a potential path towards a more circular and sustainable lithium battery manufacturing industry that addresses the finite and costly nature of battery materials.
  • “This is an exciting step forward for the emerging lithium battery industry, as we have qualified the high-purity lithium hydroxide Aqua Metals recovers from recycled lithium batteries to manufacture new battery cells,” said Dr. Vick Singh, Director of Research and Development for Dragonfly Energy.
  • Aqua Metals provided this high-purity lithium hydroxide to Dragonfly Energy, where it was used in the production of a standard CR2032 cell using the Company’s patented dry powder coating process.

Dragonfly launches as new electric adventure vehicle redefining personal mobility

Retrieved on: 
Tuesday, September 19, 2023

NEW YORK, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Today, D-FLY Group launched a first-of-its-kind electric adventure vehicle, Dragonfly, which reimagines personal transportation by blending exhilarating flow with daily practicality to transform even the conventional commute into a spontaneous adventure.

Key Points: 
  • NEW YORK, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Today, D-FLY Group launched a first-of-its-kind electric adventure vehicle, Dragonfly, which reimagines personal transportation by blending exhilarating flow with daily practicality to transform even the conventional commute into a spontaneous adventure.
  • “Every journey on a Dragonfly transcends mere travel, becoming a thrilling adventure.
  • Our electric adventure vehicle offers a new option for on- and off-road trips, with an unparalleled experience.”
    Purposefully built for an immersive experience, Dragonfly stands out among every other personal mobility option for its full-body engagement and quality:
    Patented Full-Tilt Steering Creates Flow: Dragonfly offers a unique dual-mode steering system.
  • Intelligent Engineering Delivers Performance: Dragonfly brings the thrill of sport performance to a groundbreaking personal electric adventure vehicle.

Dragonfly Energy's Battle Born Batteries is a Platinum Sponsor of America’s Largest RV Show

Retrieved on: 
Wednesday, September 13, 2023

Battle Born Batteries is a platinum-level sponsor of the 54th annual America’s Largest RV Show, taking place in Hershey, Pennsylvania, September 13-17

Key Points: 
  • Battle Born Batteries is a platinum-level sponsor of the 54th annual America’s Largest RV Show, taking place in Hershey, Pennsylvania, September 13-17
    Showcased at the Dragonfly Energy booth will be Battle Born Batteries products, full power systems, and the Company’s new Dragonfly IntelLigenceTM battery communication technology
    RENO, Nev., Sept. 13, 2023 (GLOBE NEWSWIRE) --  As an industry leader in the high-powered and high-performance lithium batteries, the Battle Born Batteries brand of Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”) is a platinum sponsor of America’s Largest RV Show.
  • More than 50,000 attendees are expected to browse exhibits from RV dealers and manufacturers — including the Battle Born Batteries exhibit at booth #539-540.
  • “We’re looking forward to showcasing our Battle Born Batteries brand to both customers and OEMs at this industry-leading event.”
    Visitors to the Battle Born Batteries exhibit space will have the opportunity to gain enhanced knowledge about upgrading their RV power system.
  • Ask questions of popular social media brand ambassadors, all of whom have first-hand experience with products from Battle Born Batteries.

Dragonfly Energy Showcases New Battery Cell Manufacturing Process and Intelligent Energy Storage Solutions at RE+ 2023

Retrieved on: 
Monday, September 11, 2023

Dragonfly Energy will be a featured industry exhibitor at the largest clean energy event in North America — RE+ 2023, taking place in Las Vegas on September 11-14

Key Points: 
  • Dragonfly Energy will be a featured industry exhibitor at the largest clean energy event in North America — RE+ 2023, taking place in Las Vegas on September 11-14
    Dragonfly Energy will showcase its proprietary and innovative dry electrode battery cell manufacturing process, its patented battery communication technology, Dragonfly IntelLigenceTM, as well as featured products, including Battle Born Batteries, industrial solar integrations, and a home energy storage unit
    RENO, Nev., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), producer of deep cycle lithium-ion batteries and industry leader in energy storage, will be showcasing its proprietary battery cell manufacturing process and leading-edge products at RE+ 2023 .
  • “This is one of the largest gatherings of professionals and products in North America dedicated to clean energy, so it makes sense that Dragonfly Energy will be there to demonstrate our commitment to innovative energy storage solutions,” said Dr. Denis Phares, Chief Executive Officer of Dragonfly Energy.
  • Specifically, Dragonfly Energy will be showcasing:
    Patented Cell Manufacturing Technology: Following the recent announcement of the completion of its new pilot line, Dragonfly Energy will be showcasing its proprietary dry electrode battery manufacturing process that is capable of producing batteries across various lithium chemistries including LFP, NMC and LCO.
  • This easy-to-install and expandable energy storage unit provides a powerful, safe and long-lasting battery solution to homes, businesses and industrial applications for backup and off-grid power.

Dragonfly Financial Technologies Earns Top Spots in Product Features and Client Services in the Aite-Novarica Group (now Datos Insights) U.S. Cash Management Technology Providers 2023 Report

Retrieved on: 
Wednesday, August 23, 2023

ATLANTA, Aug. 23, 2023 /PRNewswire/ -- Dragonfly Financial Technologies Corp., a digital banking and treasury management FinTech, announced it was the only vendor to place first in both Client Service and Product Features in the Aite Matrix: U.S. Cash Management Technology Providers for 2023.

Key Points: 
  • ATLANTA, Aug. 23, 2023 /PRNewswire/ -- Dragonfly Financial Technologies Corp ., a digital banking and treasury management FinTech, announced it was the only vendor to place first in both Client Service and Product Features in the Aite Matrix: U.S. Cash Management Technology Providers for 2023.
  • Leveraging the Aite Matrix, a proprietary Aite-Novarica Group (now Datos Insights) vendor assessment framework, the impact report evaluated nine U.S. cash management vendors and ranked them based on product features, client services, vendor stability and client strength.
  • Dragonfly and its Universal Online Banker service received high marks in the report.
  • Receiving the highest score in client services and product features in the Aite Matrix report is a testament of our commitment to deliver the industry's best features and service."

Dragonfly Energy Reports Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 21, 2023

RENO, Nev., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today reported its financial and operational results for the second quarter ended June 30, 2023.

Key Points: 
  • RENO, Nev., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today reported its financial and operational results for the second quarter ended June 30, 2023.
  • Gross profit in the quarter was $4.1 million, compared to $7.0 million in the second quarter of 2022.
  • Second quarter 2023 operating expenses of $(12.5) million, were higher compared to $(7.6) million in the second quarter of 2022.
  • Second quarter 2023 EBITDA was $(7.3) million, compared to EBITDA of $(0.3) million in the second quarter of 2022.

Dragonfly Energy to Report Second Quarter 2023 Earnings on August 21, 2023

Retrieved on: 
Monday, August 21, 2023

RENO, Nev., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today announced that the Company will release its financial results for the second quarter ended June 30, 2023 after market close on Monday, August 21, 2023.

Key Points: 
  • RENO, Nev., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today announced that the Company will release its financial results for the second quarter ended June 30, 2023 after market close on Monday, August 21, 2023.
  • The earnings press release will be followed by a conference call on August 21, 2023, hosted by members of the Dragonfly management team at 5:00 PM Eastern Time.
  • The call can also be accessed live via telephone by dialing (888) 259-6580, or for international callers (416) 764-8624, and referencing Dragonfly Energy.
  • Please log in to the webcast or dial in to the call at least 10 minutes prior to the start of the event.