EXCLUSIVE: Dragonfly Energy' Scales New Heights in Lithium Battery Production With Cathode Electrode Dry Deposition
Portfolio Pulse from Anusuya Lahiri
Dragonfly Energy Holdings Corp (NASDAQ:DFLI) has announced the successful deposition of cathode electrodes and double-sided dry deposition of both anode and cathode electrodes at scale, using the company's patented dry electrode battery manufacturing process. This achievement puts the company on track to produce its American-made lithium cells by the end of 2023. The company's dry deposition technology eliminates toxic solvents in traditional cell manufacturing and reduces the manufacturing footprint. The company's shares traded higher by 3.47% at $1.49 premarket on the last check Thursday.

October 05, 2023 | 11:00 am
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Dragonfly Energy's successful scaling up of its patented dry electrode battery manufacturing process puts it on track to produce American-made lithium cells by the end of 2023. This news has led to a 3.47% increase in the company's premarket shares.
The successful scaling up of Dragonfly Energy's patented dry electrode battery manufacturing process is a significant technological milestone for the company. This puts it on track to produce its American-made lithium cells by the end of 2023, which is likely to increase investor confidence in the company's future prospects. This news has led to a 3.47% increase in the company's premarket shares, indicating a positive short-term impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100