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Dragonfly Energy Wins the 2025 “Battery Technology Company of the Year” CleanTech Breakthrough Award

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Dragonfly Energy (Nasdaq: DFLI) has been awarded the 'Battery Technology Company of the Year' at the 2025 CleanTech Breakthrough Awards, selected from thousands of nominations across 14 countries. The company was recognized for two major innovations:

1. Their patented dry electrode manufacturing process for lithium batteries, which eliminates toxic solvents and energy-intensive drying ovens, enabling sustainable and scalable battery production. The process produces PFAS-free battery cells and is compatible with high-purity recycled materials.

2. The Dragonfly IntelLigence® technology, which offers advanced battery communication through a hardwired mesh network, enabling real-time remote monitoring and smart energy management via their mobile app.

This recognition validates Dragonfly Energy's commitment to sustainable innovation and technological advancement in energy storage solutions, serving industries from RV manufacturing to commercial fleet operations.

Dragonfly Energy (Nasdaq: DFLI) è stata premiata come 'Società di Tecnologia delle Batterie dell'Anno' ai CleanTech Breakthrough Awards 2025, selezionata tra migliaia di nomination provenienti da 14 paesi. L'azienda è stata riconosciuta per due importanti innovazioni:

1. Il loro processo di produzione di elettrodi secchi brevettato per batterie al litio, che elimina solventi tossici e forni di essiccazione ad alta intensità energetica, permettendo una produzione di batterie sostenibile e scalabile. Il processo produce celle di batteria prive di PFAS ed è compatibile con materiali riciclati ad alta purezza.

2. La tecnologia Dragonfly IntelLigence®, che offre comunicazione avanzata delle batterie attraverso una rete mesh cablata, consentendo monitoraggio remoto in tempo reale e gestione intelligente dell'energia tramite la loro app mobile.

Questo riconoscimento convalida l'impegno di Dragonfly Energy per l'innovazione sostenibile e il progresso tecnologico nelle soluzioni di stoccaggio dell'energia, servendo settori che spaziano dalla produzione di veicoli ricreazionali alle operazioni di flotte commerciali.

Dragonfly Energy (Nasdaq: DFLI) ha sido galardonada como 'Compañía de Tecnología de Baterías del Año' en los CleanTech Breakthrough Awards 2025, seleccionada entre miles de nominaciones de 14 países. La empresa fue reconocida por dos importantes innovaciones:

1. Su proceso de fabricación de electrodos secos patentado para baterías de litio, que elimina disolventes tóxicos y hornos de secado que consumen mucha energía, permitiendo una producción de baterías sostenible y escalable. El proceso produce celdas de batería libres de PFAS y es compatible con materiales reciclados de alta pureza.

2. La tecnología Dragonfly IntelLigence®, que ofrece comunicación avanzada de baterías a través de una red en malla cableada, permitiendo el monitoreo remoto en tiempo real y la gestión inteligente de la energía a través de su aplicación móvil.

Este reconocimiento valida el compromiso de Dragonfly Energy con la innovación sostenible y el avance tecnológico en soluciones de almacenamiento de energía, sirviendo a industrias que van desde la fabricación de vehículos recreativos hasta las operaciones de flotas comerciales.

드래곤플라이 에너지 (Nasdaq: DFLI)는 2025 클린테크 브레이크스루 어워드에서 '올해의 배터리 기술 회사'로 선정되었습니다. 이는 14개국에서 수천 개의 후보 중에서 선발된 것입니다. 이 회사는 두 가지 주요 혁신으로 인정받았습니다:

1. 독성 용매와 에너지를 많이 소모하는 건조 오븐을 제거하여 지속 가능하고 확장 가능한 배터리 생산을 가능하게 하는 리튬 배터리를 위한 건식 전극 제조 공정을 특허받았습니다. 이 공정은 PFAS가 없는 배터리 셀을 생산하며 고순도 재활용 재료와 호환됩니다.

2. 하드와이어 메시 네트워크를 통한 고급 배터리 통신을 제공하는 드래곤플라이 인텔리전스® 기술로, 모바일 앱을 통해 실시간 원격 모니터링 및 스마트 에너지 관리를 가능하게 합니다.

이 인정은 드래곤플라이 에너지가 에너지 저장 솔루션의 지속 가능한 혁신과 기술 발전에 대한 헌신을 입증하며, RV 제조에서 상업용 차량 운영까지 다양한 산업에 서비스를 제공함을 나타냅니다.

Dragonfly Energy (Nasdaq: DFLI) a été récompensée par le prix de la 'Société de Technologie de Batterie de l'Année' lors des CleanTech Breakthrough Awards 2025, sélectionnée parmi des milliers de nominations provenant de 14 pays. L'entreprise a été reconnue pour deux innovations majeures :

1. Leur processus de fabrication d'électrodes sèches breveté pour les batteries au lithium, qui élimine les solvants toxiques et les fours de séchage énergivores, permettant une production de batteries durable et évolutive. Le processus produit des cellules de batterie sans PFAS et est compatible avec des matériaux recyclés de haute pureté.

2. La technologie Dragonfly IntelLigence®, qui offre une communication avancée des batteries via un réseau maillé câblé, permettant une surveillance à distance en temps réel et une gestion intelligente de l'énergie via leur application mobile.

Cette reconnaissance valide l'engagement de Dragonfly Energy envers l'innovation durable et l'avancement technologique dans les solutions de stockage d'énergie, servant des industries allant de la fabrication de véhicules récréatifs aux opérations de flottes commerciales.

Dragonfly Energy (Nasdaq: DFLI) wurde bei den CleanTech Breakthrough Awards 2025 als 'Technologieunternehmen des Jahres für Batterien' ausgezeichnet, ausgewählt aus Tausenden von Nominierungen aus 14 Ländern. Das Unternehmen wurde für zwei bedeutende Innovationen anerkannt:

1. Ihr patentiertes Verfahren zur Herstellung von Trockenelektroden für Lithiumbatterien, das toxische Lösungsmittel und energieintensive Trockenöfen eliminiert und eine nachhaltige sowie skalierbare Batteriefertigung ermöglicht. Das Verfahren produziert PFAS-freie Batteriezellen und ist mit hochreinen Recyclingmaterialien kompatibel.

2. Die Dragonfly IntelLigence® Technologie, die eine fortschrittliche Batteriekkommunikation über ein verkabeltes Mesh-Netzwerk bietet und eine Echtzeit-Fernüberwachung sowie intelligentes Energiemanagement über ihre mobile App ermöglicht.

Diese Auszeichnung bestätigt das Engagement von Dragonfly Energy für nachhaltige Innovation und technologische Fortschritte im Bereich der Energiespeicherlösungen und bedient Branchen von der RV-Herstellung bis hin zu kommerziellen Flottenoperationen.

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Annual Awards Program Recognizes Companies and Products Driving Innovation in the Global Clean Technology Industry

  • Selected from thousands of nominations across 14 countries, Dragonfly Energy was named “Battery Technology Company of the Year” for its industry-leading innovations in lithium battery technology.
  • The award highlights the Company’s patented dry electrode manufacturing process, which eliminates toxic solvents and energy-intensive drying ovens—reducing environmental impact and enabling scalable, sustainable battery cell production.
  • Dragonfly IntelLigence® technology was also recognized for redefining smart battery systems, offering mesh network connectivity and real-time remote monitoring of lithium battery banks through the Dragonfly Energy Mobile App.

BB Cleantech Breakthrough Award

Dragonfly Energy Named Battery Technology Company of the Year at CleanTech Breakthrough Awards

RENO, Nev., April 10, 2025 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and battery technology and maker of Battle Born Batteries®, has been named the “Battery Technology Company of the Year” in the 2nd annual CleanTech Breakthrough Awards program. The award recognizes Dragonfly Energy’s patented innovations in dry electrode lithium battery cell manufacturing and its proprietary Dragonfly IntelLigence® technology. Submissions were evaluated by CleanTech Breakthrough, a leading independent market intelligence organization focused on identifying the top companies, products, and services across the global climate and clean technology landscape.

Dragonfly Energy emerged among thousands of nominations from more than 14 countries worldwide and was recognized for its world-class innovations in lithium-ion battery development and manufacturing.

“Dragonfly Energy is setting new benchmarks in energy storage through innovation, sustainability, and execution,” said Bryan Vaughn, managing director of CleanTech Breakthrough. “We believe the Company’s patented dry electrode cell manufacturing process represents a significant leap forward in scalable, eco-conscious battery production. Combined with its proprietary Dragonfly IntelLigence® technology—which overcomes many of the limitations of traditional Bluetooth-based battery communication—we believe Dragonfly Energy delivers a more intelligent, reliable, and future-ready energy storage solution. These advancements are what earned Dragonfly Energy our 2025 ‘Battery Technology Company of the Year’ award.”

At the core of Dragonfly Energy’s innovation is its patented dry electrode battery cell manufacturing process, which eliminates the need for toxic solvents and enables a more sustainable, cost-effective pathway to domestic lithium battery production. Validated by third-party analysis for its economic and environmental advantages, the process reduces energy consumption, lowers capital expenditures, and allows for flexible, scalable deployment in decentralized manufacturing environments. Importantly, the Company’s technology enables the production of PFAS-free battery cells and has successfully demonstrated compatibility with high-purity recycled materials—such as those sourced through Aqua Metals—further strengthening its commitment to circularity and responsible supply chains.

Complementing its manufacturing breakthroughs is Dragonfly IntelLigence®, a proprietary battery communication and monitoring technology designed to optimize performance, enhance safety, and improve the user experience. Unlike traditional Bluetooth-based systems, Dragonfly IntelLigence® enables seamless, direct communication between connected batteries and system components through a robust, hardwired network. This advanced platform supports real-time data visualization, remote diagnostics, and smarter energy management—capabilities that are increasingly critical as energy systems become more complex and distributed.

“Our products are trusted across a wide range of industries—from leading RV manufacturers to large-scale commercial fleet operators,” said Dr. Denis Phares, chief executive officer of Dragonfly Energy. “We’re committed to not only meeting today’s energy storage demands, but also shaping the future of the industry through advanced performance, reliability, and sustainable innovation. Being recognized by CleanTech Breakthrough is a meaningful validation of our technology and our vision as we continue to drive progress in the lithium battery space.”

For more information about Dragonfly Energy and its innovative energy solutions, visit DragonflyEnergy.com.

About Dragonfly Energy
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) is a comprehensive lithium battery technology company, specializing in cell manufacturing, battery pack assembly, and full system integration. Through its renowned Battle Born Batteries® brand, Dragonfly Energy has established itself as a frontrunner in the lithium battery industry, with hundreds of thousands of reliable battery packs deployed in the field through top-tier OEMs and a diverse retail customer base. At the forefront of domestic lithium battery cell production, Dragonfly Energy's patented dry electrode manufacturing process can deliver chemistry-agnostic power solutions for a broad spectrum of applications, including energy storage systems, electric vehicles, and consumer electronics. The Company's overarching mission is the future deployment of its proprietary, nonflammable, all-solid-state battery cells.

To learn more about Dragonfly Energy and its commitment to clean energy advancements, visit investors.dragonflyenergy.com.

About CleanTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the CleanTech Breakthrough Awards program is devoted to honoring excellence in energy, climate and clean technologies, services, companies and products around the world. The CleanTech Breakthrough Awards provide public recognition for the achievements of clean technology companies and products in categories including solar technology, smart grid, energy management, wind energy, waste & recycling, transportation and more. For more information visit CleanTechBreakthrough.com.

Tech Breakthrough, LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough, LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

Forward-Looking Statements
This 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 Battle Born Batteries with Dragonfly IntelLigence, 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, 2023, 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
Eric Prouty
Szymon Serowiecki
AdvisIRy Partners
DragonflyIR@advisiry.com

Media Relations
Margaret Skillicorn
RAD Strategies Inc.
dragonfly@radstrategiesinc.com

Source: Dragonfly Energy Holdings Corp.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/68976d94-120a-4eb4-bf0b-09ee4168867a


FAQ

What innovations earned Dragonfly Energy (DFLI) the 2025 Battery Technology Company of the Year award?

Dragonfly Energy won for its patented dry electrode manufacturing process that eliminates toxic solvents, and its Dragonfly IntelLigence® technology offering advanced battery monitoring and management capabilities.

How does DFLI's dry electrode manufacturing process improve battery production?

The process eliminates toxic solvents and energy-intensive drying ovens, reduces energy consumption, lowers capital costs, and enables PFAS-free battery cell production with compatibility for recycled materials.

What advantages does Dragonfly IntelLigence® offer over traditional battery monitoring systems?

It provides hardwired mesh network connectivity instead of Bluetooth, enabling seamless communication, real-time data visualization, remote diagnostics, and smarter energy management.

Which industries are currently using Dragonfly Energy's battery technology?

Dragonfly Energy's products are used by leading RV manufacturers and large-scale commercial fleet operators.

How significant was the competition for DFLI's 2025 CleanTech Breakthrough award?

Dragonfly Energy was selected from thousands of nominations submitted across 14 countries worldwide.
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