Dragonfly Energy Partners with Nevada Athletics as Official “Go Green” Sponsor
02 August 2023 - 9:03PM
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy”
or the “Company”), maker of Battle Born Batteries TM and producer
of deep cycle lithium-ion storage batteries, is the official “Go
Green” sponsor of the Nevada Athletics for the 2023-24 season. The
multi-year agreement includes football, and men's and women's
basketball. Dragonfly Energy, a Reno-based lithium battery
manufacturer, is also exploring additional sustainability
initiatives with the University.
Founded in Reno in 2012 by Nevada MBA graduate
and distinguished alumnus Dr. Denis Phares, the team at Dragonfly
Energy will work with the University to help the athletics
facilities identify opportunities to integrate eco-friendly and
sustainable initiatives through use of Dragonfly's innovative
Lithium-ion battery technology.
"I am proud to be able to return to the
University of Nevada, Reno, as a supporting partner,” Dr. Phares
said. “The University is an extremely important part of the
Northern Nevada community to which we belong. Not only is
this a wonderful opportunity to support Nevada Athletics, but it’s
a great way for us to look for opportunities on a larger scale with
the University in our mission to revolutionize energy storage and
make safe, reliable and clean technologies readily
available.”
Dragonfly Energy is a longtime supporter of the
University of Nevada, Reno. A large percentage of the company’s
workforce is University alumni, and the company works closely with
various university departments on internship programs, including
participation in the Wolf Pack STEM Internship Program this fall
semester. In addition, Dragonfly Energy annually sponsors the
College of Business Sontag Entrepreneurship Competition with a
$10,000 Innovation Award.
"Dragonfly Energy and the prominence in the
sustainable energy industry the company brings not only
to the state, but to our University, is something we are
proud to be associated with," Brian Sandoval, President of the
University, said. "Dragonfly has generously supported the
University through various efforts over the years and we are
honored to continue that relationship as we welcome them as our
Nevada Athletics Go Green sponsor. We look forward to exploring
more sustainable initiatives with Dragonfly Energy in the future.”
Dragonfly Energy has quickly become an industry
leader in lithium-ion battery technology due to numerous patents
and alignment with some of the industry’s leading consumer brands.
The Company assembles lithium-ion battery packs in Nevada today
through its popular Battle Born Batteries brand. Dragonfly Energy
also believes it is leading the way with its research and
development team that has developed patented manufacturing
processes and technologies that will be deployed as the company
looks to launch its pilot line for nonflammable lithium battery
cell production later this year.
Look for Dragonfly Energy this fall starting at
Nevada Football games. To learn more about Dragonfly Energy, visit
DragonflyEnergy.com.
About Dragonfly EnergyDragonfly
Energy Holdings Corp. (Nasdaq: DFLI) headquartered in Reno, Nevada,
is a leading supplier of deep cycle lithium-ion batteries.
Dragonfly Energy’s research and development initiatives are
revolutionizing the energy storage industry through innovative
technologies and manufacturing processes. Today, Dragonfly Energy’s
non-toxic deep cycle lithium-ion batteries are displacing lead-acid
batteries across a wide range of end-markets, including RVs, marine
vessels, off-grid installations, and other storage applications.
Dragonfly Energy is also focused on delivering an energy storage
solution to enable a more sustainable and reliable smart grid
through the future deployment of its proprietary and patented
solid-state cell technology. To learn more,
visit www.dragonflyenergy.com/investors.
Forward-Looking StatementsThis
press release contains forward-looking statements within the
meaning of the United States Private Securities Litigation Reform
Act of 1995. Forward-looking statements include all statements that
are not historical statements of fact and statements regarding the
Company’s intent, belief, or expectations, including, but not
limited to, statements regarding the Company’s sponsorship with
Nevada Athletics, the Company’s future results of operations and
financial position, planned products and services, business
strategy and plans, market size and growth opportunities,
competitive position and technological and market trends. Some of
these forward-looking statements can be identified by the use of
forward-looking words, including “may,” “should,” “expect,”
“intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,”
“plan,” “targets,” “projects,” “could,” “would,” “continue,”
“forecast” or the negatives of these terms or variations of them or
similar expressions.
These forward-looking statements are subject to
risks, uncertainties, and other factors (some of which are beyond
the Company’s control) which could cause actual results to differ
materially from those expressed or implied by such forward-looking
statements. Such factors include those set forth in the sections
entitled “Risk Factors” and “Cautionary Note Regarding
Forward-Looking Statements” in the Company’s Annual Report on Form
10-K for the year ended December 31, 2022 and in the Company’s
subsequent filings with the SEC available at www.sec.gov. If
any of these risks materialize or any of the Company’s assumptions
prove incorrect, actual results could differ materially from the
results implied by these forward-looking statements. There may be
additional risks that the Company presently does not know or that
it currently believes are immaterial that could also cause actual
results to differ from those contained in the forward-looking
statements. All forward-looking statements contained in this press
release speak only as of the date they were made. Except to the
extent required by law, the Company undertakes no obligation to
update such statements to reflect events that occur or
circumstances that exist after the date on which they were
made.
Investor Relations Sioban Hickie, ICR,
Inc.DragonflyIR@icrinc.com
Media RelationsAmy Demuth, RAD Strategies
Inc.media@radstrategiesinc.com
Source: Dragonfly Energy Holdings Corp.
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