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Dragonfly Energy Completes U.S. Lithium Battery Cell Pilot Line, Begins Manufacturing Anode at Scale Using Patented Dry Deposition Processes
Dragonfly Energy has begun successfully dry depositing anode electrodes using its patented battery manufacturing processesThis crucial step deploys patented
About this update from Dragonfly Energy Holdings Corp
[{"type":"text","content":"Dragonfly Energy has begun successfully dry depositing anode electrodes using its patented battery manufacturing processesThis crucial step deploys patented Dragonfly Energy technology and proves the proprietary processes work at scale, paving a path forward for domestic manufacturing of lithium batteriesThe patented processes operate within a significantly smaller manufacturing footprint and are chemistry agnostic, allowing for potential wide market expansion by the CompanyDragonfly Energy expects to begin cathode production in the third quarter of 2023, with full cells coming off the pilot line by the end of 2023The pilot line is capable of domestically producing up to 150MWh of LiFePO4 battery cells annually, and production is scalable with additional production lines RENO, Nev., July 19, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born BatteriesTM and an industry leader in energy storage, announced today they have completed their U.S. lithium battery cell pilot line. Deploying the Company’s patented dry deposition manufacturing processes, Dragonfly Energy has begun using its pilot line to dry deposit working anode (industry standard graphite with an SBR/CMC binder), at a level sufficient to support large-scale production. The Company believes the establishment of its pilot line and the successful production of anode marks a critical milestone for its goal of manufacturing battery cells domestically from its Reno, Nevada, manufacturing facility. Dragonfly Energy’s patented battery cell manufacturing processes are chemistry agnostic, meaning they can be applied to various uses, which is expected to enable the Company to expand into new markets over time and to achieve its goal of domestically producing nonflammable solid state battery cells. The processes allow the cells to be manufactured within a significantly smaller footprint and without the toxic solvent present in conventional cell manufacturing, which is expected to make the process not only more environmentally friendly but also more cost effective. “Announcing that our patented dry powder coating technology is coming to fruition at scale is not only incredibly exciting on a personal level but also represents a significant turning point for the Company as we expand into cell manufacturin...