During the corresponding time, Dragonfly Energy Holdings Corp saw a revenue deteriorated by -32.63 % year on year, sequentially revenue fell by -34.89 %. While revenue at the Dragonfly Energy Holdings Corp 's corporate clients
Dragonfly Energy Holdings's Comment on Sales, Marketing and Customers
The company serves customers in the consumer industry, including the recreational vehicle (RV), marine vessel, industrial, and trucking markets. Its Battle Born brand offers energy storage products and related power system components through original equipment manufacturers (OEM), distributors, dealers, fleets, and direct-to-consumer channels. Battle Born products are integrated into factory-installed and system-level applications across various end markets. The company sources lithium iron phosphate (LFP) cells from selected suppliers and assembles and tests most battery products in the United States. In July 2024, the company entered a brand licensing agreement with Stryten Energy for business-to-business sales within Stryten’s target market, projected to generate $30 million in licensing revenues over seven years. Additionally, the company has a contract manufacturing agreement to assemble battery packs sold by Stryten. Customers and markets mentioned in filings include Battle Born, Dragonfly Energy, and Stryten Energy.
News about Dragonfly Energy Holdings Corp Contracts
Revolutionizing Energy Storage: Dragonfly Energy s $30M Licensing Agreement with Stryten Energy In a landscape where energy storage solutions are pivotal to sustainable innovation, Dragonfly Energy has recently made significant strides by entering into a $30 million licensing agreement with Stryten Energy, a prominent North American battery manufacturer. This partnership promises not only to elevate the Battle Born Batteries brand but also to facilitate its expansion into new and emerging markets, setting a precedent for future collaborations in the energy sector.The licensing agreement is poised to strengthen Stryten Energy s portfolio by incorporating Dragonfly Energy s innovative lithium-ion battery techn...
Dragonfly Energy Expands North American Footprint with Strategic Canadian Partnership and Innovative Solutions Reno, Nev., July 10, 2024 - Dragonfly Energy Holdings Corp (Nasdaq: DFLI), an industry leader in energy storage and the maker of Battle Born Batteries, is making significant strides in expanding its presence across North America, underscored by two strategic partnerships and the unveiling of advanced power charging solutions. Partnership with Fraserway RVDragonfly Energy has announced a strategic partnership with Fraserway RV, Canada’s largest coast-to-coast RV dealer group. This collaboration is expected to substantially bolster Dragonfly Energy’s footprint in the Canadian market. Fraserway R...
Dragonfly Energy Holdings Corp (Nasdaq: DFLI), a renowned energy storage manufacturer and industry leader, has recently formed a strategic partnership with Meyer Distributing, a prominent distributor of specialty products across North America. The collaboration aims to facilitate the distribution of Battle Born Batteries, Dragonfly Energy s flagship product, to new business-to-business customers in the recreational vehicle (RV) and related industries. Leveraging Meyer Distributing s widespread network of over 100 locations, this partnership is set to significantly expand the market reach of Battle Born Batteries.Expanding Reach in the RV and Adjacent Markets:The collaboration between Dragonfly Energy and Mey...
In a groundbreaking move that solidifies Dragonfly Energy s position as a leading provider of advanced lithium-ion battery solutions, the company has announced its partnership with Forest River, one of the largest recreational vehicle (RV) manufacturers in the world. Leading the charge for sustainable energy in the RV industry, Dragonfly Energy s Battle Born Batteries will now be offered as standard equipment on all new OGV Luxury Coach units, marking the third Forest River brand to include them as standard or original equipment manufacturer (OEM).Expanding Market Share:This significant partnership between Dragonfly Energy and Forest River highlights the growing demand for eco-friendly solutions in the RV in...
Dragonfly Energy Holdings’s Comment on Sales, Marketing and Customers
The company serves customers in the consumer industry, including the recreational vehicle (RV), marine vessel, industrial, and trucking markets. Its Battle Born brand offers energy storage products and related power system components through original equipment manufacturers (OEM), distributors, dealers, fleets, and direct-to-consumer channels. Battle Born products are integrated into factory-installed and system-level applications across various end markets. The company sources lithium iron phosphate (LFP) cells from selected suppliers and assembles and tests most battery products in the United States. In July 2024, the company entered a brand licensing agreement with Stryten Energy for business-to-business sales within Stryten’s target market, projected to generate $30 million in licensing revenues over seven years. Additionally, the company has a contract manufacturing agreement to assemble battery packs sold by Stryten. Customers and markets mentioned in filings include Battle Born, Dragonfly Energy, and Stryten Energy.
Sources:
Dragonfly Energy Holdings Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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