Streetbeat News

DFLI

Dragonfly Energy Holdings Corp.

Industry

Electrical Equipment & Parts

Dragonfly Energy Holdings Corp. manufactures and supplies deep cycle lithium-ion batteries for RVs, marine vessels, off-grid installations, and other storage applications. It also focuses on delivering an energy storage solution to enable a sustainable and reliable smart grid through the deployment of its solid-state cell technology. The company is headquartered in Reno, Nevada.

Open

1.11

Mkt cap

8.5M

Volume

83K

High

1.18

P/E Ratio

-0.31

52-wk high

13.14

Low

1.05

Div yield

N/A

52-wk low

1.05

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.

Portfolio Pulse from Anusuya Lahiri

October 05, 2023 | 11:00 am

Dragonfly Energy has successfully achieved cathode electrode dry deposition at scale for American lithium batteries. This development could potentially enhance the production efficiency and performance of lithium batteries.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 11:00 am

Dragonfly Energy Holdings Corp (DFLI) has used lithium hydroxide recovered by Aqua Metals Inc (AQMS) from recycled lithium-ion batteries to manufacture a lithium-based battery cell. This advancement in sustainable lithium-ion battery production could lead to a more circular and sustainable lithium battery manufacturing industry. DFLI shares are trading higher by 0.55% at $1.78.

Portfolio Pulse from Shivani Kumaresan

September 19, 2023 | 3:56 pm

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) and Aqua Metals, Inc. (NASDAQ:AQMS) have successfully manufactured a lithium-based battery cell using high-purity lithium hydroxide recovered from recycled lithium-ion batteries. This is a significant advancement for sustainable lithium-ion battery production and demonstrates a potential path towards a more circular and sustainable lithium battery manufacturing industry. The companies aim to create a closed lithium loop in Nevada, where lithium battery material sourcing, manufacturing, and recycling all happen within the state.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 12:13 pm

Roth MKM analyst Craig Irwin has initiated coverage on Dragonfly Energy Hldgs (NASDAQ:DFLI) with a Buy rating and a price target of $4.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 9:59 am

During Friday's after-market session, several industrials stocks experienced significant movement. NeoVolta, Laser Photonics, Nxu, Xos, JanOne, and Amprius Technologies saw their stocks rise by 9.8%, 8.96%, 5.13%, 5.0%, 4.89%, and 4.59% respectively. On the other hand, DSS, Pioneer Power Solutions, Astra Space, WANG & LEE Group, Dragonfly Energy Hldgs, and Hydrofarm Holdings Group saw their stocks decline by 7.4%, 4.39%, 4.14%, 3.97%, 2.9%, and 2.53% respectively.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 9:31 pm

Dragonfly Energy has highlighted the use of Bruker Corporation's battery research equipment in its operations. The equipment is instrumental in Dragonfly's research and development efforts.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 11:47 am

During Wednesday's pre-market session, several industrials stocks experienced significant movement. Gainers included VCI Global, Heliogen, Nuburu, SES AI, Astra Space, and Dycom Industries, with increases ranging from 6.88% to 42.8%. Losers included Orbital Infr Gr, Sidus Space, Freight Technologies, Dragonfly Energy Hldgs, Agrify, and Electriq Power Holdings, with decreases ranging from 5.2% to 12.3%.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 1:06 pm

U.S. stocks traded mostly lower with the Dow Jones falling over 100 points. Dick's Sporting Goods (DKS) reported worse-than-expected Q2 results and lowered FY23 guidance. Fulcrum Therapeutics (FULC), Fabrinet (FN), and ProMIS Neurosciences (PMN) saw their shares rise after positive news. Republic First Bancorp (FRBK) and Dragonfly Energy Holdings (DFLI) shares dropped due to negative news.

Portfolio Pulse from Lisa Levin

August 22, 2023 | 7:07 pm

The article lists the stocks that gained and lost the most in Tuesday's mid-day session. Among the gainers were Fulcrum Therapeutics, VinFast Auto, and Axcella Health, while the losers included Republic First Bancorp, Tingo Group, and SOS Limited. Macy's shares fell by 11.1% after the company reported its Q2 financial results.

Portfolio Pulse from Lisa Levin

August 22, 2023 | 5:50 pm

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