Dragonfly Energy Holdings Corp. has released an updated corporate presentation on its investor website, showcasing its market position, growth strategy, and investment thesis. The company has delivered over 400,000 batteries to market, solidifying its position as a commercial leader in deep-cycle lithium energy storage. With expanded footprints across high-growth sectors and U.S.-based manufacturing capabilities, Dragonfly Energy is poised for long-term growth.
Dragonfly Energy Corp. (Dragonfly) has further solidified its partnership with Keystone RV, the largest towable RV manufacturer in the U.S. [1] The agreement, announced on September 27, 2022, stipulates that all Keystone units shipped through the end of 2022 will include Dragonfly Energy's lithium-ion batteries. This marks a significant step in Dragonfly's strategy to expand its market reach and solidify its position as a leader in deep-cycle lithium energy storage.
The partnership began with an exclusive agreement to provide Dragonfly batteries as standard or optional OEM equipment on all Keystone RV travel trailers and fifth-wheels. The new arrangement extends this partnership, ensuring that all Keystone units shipped through the end of 2022 will be equipped with Dragonfly's high-performance batteries.
Denis Phares, CEO of Dragonfly Energy, noted, "Keystone RV has always been at the forefront of technology development for their units, making this partnership ideal." Jeff Runels, President & CEO of Keystone RV, echoed this sentiment, stating, "This strategic partnership with Dragonfly Energy shows our commitment to providing top energy storage solutions for our customers."
Dragonfly Energy's lithium-ion batteries are renowned for their superior performance and environmental safety. They offer a 10-times longer lifespan, 3-times the power, 5-times the energy density, and 5-times the charging speed compared to traditional lead-acid batteries. Engineered and tested in the USA, these batteries are designed to alleviate battery anxiety for Keystone customers while traveling.
Dragonfly Energy, headquartered in Reno, Nevada, is a leading supplier of deep cycle lithium-ion batteries. The company's research and development initiatives are revolutionizing the energy storage industry through innovative technologies and manufacturing processes. Dragonfly's batteries are displacing lead-acid batteries across various end-markets, including RVs, marine vessels, off-grid installations, and other storage applications.
This partnership is part of Dragonfly's broader strategy to expand its footprint in high-growth sectors and leverage its U.S.-based manufacturing capabilities for long-term growth. As Dragonfly continues to innovate and expand its market reach, it remains a compelling investment opportunity for those looking to capitalize on the growing demand for sustainable and reliable energy storage solutions.
References:
[1] https://dragonflyenergy.com/dragonfly-energy-strengthens-partnership-with-keystone-rvs/
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