Dragonfly Energy Holdings Corp., headquartered in Reno, Nevada, is a manufacturer of non-toxic deep-cycle lithium-ion batteries serving the consumer industry (including the recreational vehicle, marine, industrial and trucking markets) and is currently developing its proprietary solid-state battery technology. Its deep-cycle lithium iron phosphate battery uses lithium iron phosphate as the cathode material. Compared with lead-acid batteries, it has the advantages of non-toxicity, longer cycle life, slower capacity decay, and non-flammability. It aims to provide environmentally friendly energy storage solutions for the world.