Dragonfly Energy Receives Patent Allowance for Solid-State Battery
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 18 2026
0mins
Dragonfly Energy announced it has received a notice of allowance from the United States Patent and Trademark Office, USPTO, for its patent application titled "Powderized Solid-State Electrolyte and Electroactive Materials." The allowed patent application is directed toward manufacturing processes that support Dragonfly Energy's solid-state battery development efforts. The technology further strengthens the Company's U.S. intellectual property position in advanced battery cell manufacturing.
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Analyst Views on DFLI
Wall Street analysts forecast DFLI stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 1.900
Low
15.00
Averages
18.75
High
22.50
Current: 1.900
Low
15.00
Averages
18.75
High
22.50
About DFLI
Dragonfly Energy Holdings Corp. is a lithium battery technology company, specializing in cell manufacturing, battery pack assembly, and full system integration. It offers several lines of batteries across its two brands, namely Battle Born Batteries and Wakespeed. Through its Battle Born Batteries brand, the Company provides battery packs through original equipment manufacturers (OEMs) and a diverse retail customer base. In domestic lithium battery cell production, its dry electrode manufacturing process offers chemistry-agnostic power solutions for a broad spectrum of applications, including energy storage systems, electric vehicles, and consumer electronics. Battle Born Batteries branded products are sold to direct-to-consumers (DTC), while the Dragonfly Energy brand is primarily sold to OEMs. To supplement its battery offerings, the Company is also a reseller of accessories for battery systems. These include chargers, inverters, monitors, controllers, and other system accessories.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Dragonfly Energy Secures Patent Allowance for Solid-State Battery Technology
- Patent Milestone: Dragonfly Energy has received a notice of allowance from the U.S. Patent and Trademark Office for its patent application on 'Powderized Solid-State Electrolyte and Electroactive Materials,' which further solidifies its intellectual property position in advanced battery manufacturing and is expected to accelerate the commercialization of solid-state batteries.
- Technological Advancement: The approval of this patent marks a significant step in the company's progress in manufacturing materials and processes for solid-state batteries, with CEO Denis Phares stating that these technologies will simplify production and support scalability, thereby hastening market applications of solid-state batteries.
- Intellectual Property Expansion: This patent allowance follows multiple recent international approvals related to Dragonfly Energy's dry electrode and solid-state battery development, demonstrating the company's ongoing efforts to build a broad intellectual property portfolio, which enhances its competitive edge in the market.
- Strategic Vision: The company's solid-state battery development is part of a broader strategy to advance domestic battery manufacturing through proprietary materials and powder-based processing methods, aiming to support the future deployment of non-flammable solid-state batteries across various energy storage applications.
See More
Dragonfly Energy Secures European Patent Allowance
- Patent Allowance Granted: Dragonfly Energy has received a notice of allowance from the European Patent Office for its dry electrode manufacturing platform, reinforcing the company's intellectual property position in solvent-free battery manufacturing and potentially enhancing future commercialization opportunities.
- Technological Innovation: The patent application covers dry powder coating technology that supports the manufacturing of electrode, separator, and solid-state electrolyte layers, marking a significant advancement in the company's battery technology and likely improving its market competitiveness.
- Global Market Expansion: Securing patent protection in Europe strengthens Dragonfly Energy's position in the global energy storage market and supports its strategy to commercialize next-generation battery technologies, which is expected to create new growth opportunities for the company.
- Strategic Importance: CEO Dr. Denis Phares emphasized that securing patent rights in key markets will enhance the company's competitive edge for future commercialization opportunities, driving the development and application of all-solid-state batteries.
See More
Dragonfly Energy Files Trade Libel Lawsuit Against Online Commentator
- Lawsuit Background: Dragonfly Energy has filed a lawsuit in Nevada against online commentator Will Prowse and his company, alleging that his false statements have harmed the company's reputation, seeking legal remedies to protect the interests of its customers and partners.
- Product Safety: Battle Born Batteries have been deployed in over 400,000 applications after more than a decade of field testing, meeting UL 2054 and IEC 62133 standards, showcasing an exceptional safety record aimed at maintaining consumer confidence.
- Financial Damages Claim: The lawsuit seeks compensation for the financial and reputational harm allegedly inflicted by Prowse's misleading statements, emphasizing the importance of the company's trust foundation and market position.
- Industry Impact: This case not only concerns Dragonfly Energy's reputation but could also affect the overall trust in the lithium battery industry, highlighting the importance of genuine product reviews and independent testing.
See More
Dragonfly Energy Exceeds Q1 2026 Earnings Guidance
- Earnings Beat: Dragonfly Energy reported Q1 net sales of $9.7 million, surpassing expectations with $5.8 million in OEM sales and $3.7 million in DTC sales, despite a softer RV market environment, indicating healthy growth trends within OEM partnerships.
- Cost Control Measures: The company implemented several cost control measures, including a 20% reduction in executive compensation, expected to save approximately $4.5 million annually, alongside an anticipated additional $4 million from rental-space consolidation, collectively driving an annualized adjusted EBITDA improvement of about $9 million.
- Surge in Truck Orders: Following the quarter's end, Stevens Transport placed a purchase order exceeding $3 million for nearly 500 trucks, with deliveries expected to commence in Q2, significantly boosting future revenue growth prospects.
- Technological Innovation and Funding: The company received its first patent allowance from the Japan Patent Office for its solvent-free solid-state electrolyte application and secured a $527,000 nondilutive funding award to expand cylindrical cell prototyping and testing, with the project expected to run through Q2 2027.
See More
Dragonfly Energy to Announce Q1 Earnings on May 14
- Earnings Announcement: Dragonfly Energy is set to release its Q1 2023 earnings on May 14 after market close, with a consensus EPS estimate of -$0.52, reflecting a 44.1% year-over-year improvement, indicating gradual recovery amidst challenges.
- Revenue Decline: The expected revenue for Q1 is $9.45 million, representing a 29.5% year-over-year decrease, highlighting the company's struggles with intensified market competition and demand fluctuations, which may impact short-term financial performance.
- Patent Progress: Dragonfly Energy has received its first Japanese patent allowance for solvent-free production technology, which is expected to enhance its competitive edge in the global market and lay the groundwork for future product line expansions.
- EBITDA Target: The company aims to achieve positive adjusted EBITDA at a $70 million revenue run rate, demonstrating its strategic commitment to OEM and trucking expansion, with the goal of improving profitability and market share.
See More
Dragonfly Energy Launches Redesigned E-Commerce Website for Battle Born Batteries
- Enhanced User Experience: Dragonfly Energy has launched a redesigned e-commerce website aimed at improving customer experience when purchasing lithium battery solutions, enabling users to navigate products more efficiently and make informed decisions, thereby enhancing customer satisfaction and brand loyalty.
- Expanded Educational Resources: The new site features the Battle Born Academy, which offers technical videos and system guidance to help customers better understand lithium battery technology, increasing user confidence and efficiency, and further driving market education.
- Professional Customer Support: The platform provides more efficient purchasing workflows and tools tailored for dealers, OEMs, and installers, optimizing the buying experience for commercial clients and enhancing Dragonfly Energy's competitiveness in the professional market.
- Mobile Optimization: The website has achieved faster loading speeds and smoother navigation across both desktop and mobile devices, ensuring users can quickly find the solutions they need regardless of the device, thus improving overall market responsiveness.
See More
Dragonfly Energy Secures Patent Allowance for Solid-State Battery Technology
- Patent Milestone: Dragonfly Energy has received a notice of allowance from the U.S. Patent and Trademark Office for its patent application on 'Powderized Solid-State Electrolyte and Electroactive Materials,' which further solidifies its intellectual property position in advanced battery manufacturing and is expected to accelerate the commercialization of solid-state batteries.
- Technological Advancement: The approval of this patent marks a significant step in the company's progress in manufacturing materials and processes for solid-state batteries, with CEO Denis Phares stating that these technologies will simplify production and support scalability, thereby hastening market applications of solid-state batteries.
- Intellectual Property Expansion: This patent allowance follows multiple recent international approvals related to Dragonfly Energy's dry electrode and solid-state battery development, demonstrating the company's ongoing efforts to build a broad intellectual property portfolio, which enhances its competitive edge in the market.
- Strategic Vision: The company's solid-state battery development is part of a broader strategy to advance domestic battery manufacturing through proprietary materials and powder-based processing methods, aiming to support the future deployment of non-flammable solid-state batteries across various energy storage applications.
See More
Dragonfly Energy Secures European Patent Allowance
- Patent Allowance Granted: Dragonfly Energy has received a notice of allowance from the European Patent Office for its dry electrode manufacturing platform, reinforcing the company's intellectual property position in solvent-free battery manufacturing and potentially enhancing future commercialization opportunities.
- Technological Innovation: The patent application covers dry powder coating technology that supports the manufacturing of electrode, separator, and solid-state electrolyte layers, marking a significant advancement in the company's battery technology and likely improving its market competitiveness.
- Global Market Expansion: Securing patent protection in Europe strengthens Dragonfly Energy's position in the global energy storage market and supports its strategy to commercialize next-generation battery technologies, which is expected to create new growth opportunities for the company.
- Strategic Importance: CEO Dr. Denis Phares emphasized that securing patent rights in key markets will enhance the company's competitive edge for future commercialization opportunities, driving the development and application of all-solid-state batteries.
See More
Dragonfly Energy Files Trade Libel Lawsuit Against Online Commentator
- Lawsuit Background: Dragonfly Energy has filed a lawsuit in Nevada against online commentator Will Prowse and his company, alleging that his false statements have harmed the company's reputation, seeking legal remedies to protect the interests of its customers and partners.
- Product Safety: Battle Born Batteries have been deployed in over 400,000 applications after more than a decade of field testing, meeting UL 2054 and IEC 62133 standards, showcasing an exceptional safety record aimed at maintaining consumer confidence.
- Financial Damages Claim: The lawsuit seeks compensation for the financial and reputational harm allegedly inflicted by Prowse's misleading statements, emphasizing the importance of the company's trust foundation and market position.
- Industry Impact: This case not only concerns Dragonfly Energy's reputation but could also affect the overall trust in the lithium battery industry, highlighting the importance of genuine product reviews and independent testing.
See More
Dragonfly Energy Exceeds Q1 2026 Earnings Guidance
- Earnings Beat: Dragonfly Energy reported Q1 net sales of $9.7 million, surpassing expectations with $5.8 million in OEM sales and $3.7 million in DTC sales, despite a softer RV market environment, indicating healthy growth trends within OEM partnerships.
- Cost Control Measures: The company implemented several cost control measures, including a 20% reduction in executive compensation, expected to save approximately $4.5 million annually, alongside an anticipated additional $4 million from rental-space consolidation, collectively driving an annualized adjusted EBITDA improvement of about $9 million.
- Surge in Truck Orders: Following the quarter's end, Stevens Transport placed a purchase order exceeding $3 million for nearly 500 trucks, with deliveries expected to commence in Q2, significantly boosting future revenue growth prospects.
- Technological Innovation and Funding: The company received its first patent allowance from the Japan Patent Office for its solvent-free solid-state electrolyte application and secured a $527,000 nondilutive funding award to expand cylindrical cell prototyping and testing, with the project expected to run through Q2 2027.
See More
Dragonfly Energy to Announce Q1 Earnings on May 14
- Earnings Announcement: Dragonfly Energy is set to release its Q1 2023 earnings on May 14 after market close, with a consensus EPS estimate of -$0.52, reflecting a 44.1% year-over-year improvement, indicating gradual recovery amidst challenges.
- Revenue Decline: The expected revenue for Q1 is $9.45 million, representing a 29.5% year-over-year decrease, highlighting the company's struggles with intensified market competition and demand fluctuations, which may impact short-term financial performance.
- Patent Progress: Dragonfly Energy has received its first Japanese patent allowance for solvent-free production technology, which is expected to enhance its competitive edge in the global market and lay the groundwork for future product line expansions.
- EBITDA Target: The company aims to achieve positive adjusted EBITDA at a $70 million revenue run rate, demonstrating its strategic commitment to OEM and trucking expansion, with the goal of improving profitability and market share.
See More
Dragonfly Energy Launches Redesigned E-Commerce Website for Battle Born Batteries
- Enhanced User Experience: Dragonfly Energy has launched a redesigned e-commerce website aimed at improving customer experience when purchasing lithium battery solutions, enabling users to navigate products more efficiently and make informed decisions, thereby enhancing customer satisfaction and brand loyalty.
- Expanded Educational Resources: The new site features the Battle Born Academy, which offers technical videos and system guidance to help customers better understand lithium battery technology, increasing user confidence and efficiency, and further driving market education.
- Professional Customer Support: The platform provides more efficient purchasing workflows and tools tailored for dealers, OEMs, and installers, optimizing the buying experience for commercial clients and enhancing Dragonfly Energy's competitiveness in the professional market.
- Mobile Optimization: The website has achieved faster loading speeds and smoother navigation across both desktop and mobile devices, ensuring users can quickly find the solutions they need regardless of the device, thus improving overall market responsiveness.
See More
