Dragonfly Energy Holdings Corp · NASDAQ:DFLI
Dragonfly Energy — Investor Presentation (May 2024)
37 slides from Dragonfly Energy's investor presentation, May 2024
Slide 1: Corporate Presentation
Nasdaq: DFLI Corporate Presentation May 2024
Slide 2: Legal Disclaimer
Legal Disclaimer Th is corpo rate pres entation (this “Presentation”) has been prepared for use by Drago nfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”). Th is Presentation is for informatio n pu rposes only an d may not be repro duced or redis tributed, in whole or in part, with ou
Slide 3: Table of Contents
Table of Contents Introduction Sustainable. Made In The U.S.A. Leading the Lithium-Ion Revolution. . . . . . . . . 4 Spray Preparation & Dry Coating . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Dragonfly Energy Timeline . . . . . . . . . . . . . . . . .
Slide 4: Sustainable. Made In The USA. Leading The Lithium-Ion Revolution.
Sustainable. Made In The USA. Leading The Lithium-Ion Revolution. ESG Investment: Comprehensive lithium-ion technology company delivering environmentally impactful solutions today for energy storage. Massive Market Opportunity: $85B addressable market by 2025E (1), fueled by Inflation Reduction Act
Slide 5: Dragonfly Energy Overview
Dragonfly Energy Overview Experience - Founded in 2012 - 150+ Employees - 10+ Years of Battery Research & Development Protected IP Proudly Headquartered in The - 90+ Granted, Filed & Pending Patents Lithium Capital of North America - 20+ Trademark Registrations Reno, NV, USA Established Revenue Gene
Slide 6: Optimizing the Battery Value Chain: A Circular Approach
Optimizing the Battery Value Chain: A Circular Approach Dragonfly Energy fosters a closed-loop ecosystem: manufacturing cells, designing and assembling packs, and integrating them into full power systems – all while continuously innovating. This holistic approach allows each stage to inform the next
Slide 7: Company Timeline
Company Timeline December 2023 Cell Manufacturing Announced Two Partnerships in July 2023: Completed the Industrial May 2023 Pilot Plant Construction Solar Integration October 2022 Industry Announced August 2023: Anode 2017 - 2022 Commercial Offtake Production Proven at Completed deSPAC Agreement Wi
Slide 8: Day-1 ESG Advantages: Unlocking A Sustainable Tomorrow
Day-1 ESG Advantages: Traditional Toxic Unlocking A Sustainable Tomorrow Lead Acid Batteries Drop-In Replacement for Lead Acid & Diesel Generators - Drop-in replacement for carbon intensive, toxic lead acid batteries Non-Toxic Chemistry - Non-toxic chemistry allows for reduced environmental concerns
Slide 9: Dragonfly Energy’s Patent Portfolio Secures Its Competitive Advantage
Dragonfly Energy’s Patent Portfolio Secures Its Competitive Advantage 90+ Granted, Filed & Pending Patents 30+ Patents Issued in the United States 12 Countries with Dragonfly Energy Patents 4 Continents with Dragonfly Energy Patents Dragonfly Energy’s significant IP moat surrounding its battery chem
Slide 10: A Powerful Brand. The Strength of Battle Born Batteries®
A Powerful Brand. The Strength of Battle Born Batteries® #1 Customer-Rated LiFePO4 Battery(1) Featured In National Media Notable Celebrity Customers Extensive Social Media Influence Industry Leading Rick Harrison | Star of Pawn Stars Crafted Workshop | 1M+ YouTube Subscribers Tom Green | Comedian an
Slide 11: Battery Packs & System Integration Drive Core Revenue Today
Battery Packs & System Integration Drive Core Revenue Today 11
Slide 12: Industry Leading Deep Cycle LiFePO4 Battery Packs
Industry Leading Deep Cycle LiFePO4 Battery Packs Proprietary Battery ▪ LiFePO4 Battery Chemistry Management System ▪ Increased Power With Reduced Space Smart Batteries Requirements Dragonfly IntelLigence Communication Technology ▪ 1/5 the Weight For Equal Usable Power ▪ 5x Faster Charging Self Heat
Slide 13: Market Domination In A $73.7B Industry
Market Domination In A $73.7B Industry(1) Dragonfly Energy's Battle Born Batteries® have established a significant presence in the market, particularly within the RV industry. Market Penetration: With over 11 million RV-owning households in the U.S. (2), this equates to approximately 1 in every 10 A
Slide 14: RV Industry: Recovering Market, Long-Term Growth Forecasted
RV Industry: Recovering Market, Long-Term Growth Forecasted The RV industry, after experiencing a boom during the Covid-19 pandemic(1), has wrestled with substantial challenges over the past year. Rising interest rates, a shaky economy, and inflated costs have all combined to significantly decrease
Slide 15: Rapidly Expanding Into New Markets
Rapidly Expanding Into New $85B (1) Markets Addressable Markets Heavy Duty Trucking Early Market Penetration With Industrial Solar Emergency Specialty Solar Fleets Representing ~15% of the & Material & Backup Vehicle & Integration North American Heavy-Duty Handling Power Work Truck Trucking Market $
Slide 16: Accelerated Growth In Long Haul Trucking With Exposure to New Revenue Streams
Accelerated Growth In Long Haul Trucking With Exposure to New Revenue Streams There Is An Industry-Wide Need for All-Electric APUs (Auxiliary Power Units): ~1,800 Hours per year a typical long-haul truck idles(1) 1B Gallons of diesel burned annually due to engine idling (2) $5B Fuel loss per year du
Slide 17: Cell Manufacturing Brings Notable Revenue Growth Tomorrow
Cell Manufacturing Brings Notable Revenue Growth Tomorrow 17
Slide 18: Proprietary Dry Electrode Battery Manufacturing Technology
Proprietary Dry Electrode Battery Manufacturing Technology 0kg 9% 25% PFAS-Free Toxic Solvent Lower Total Less Energy Ability To Produce Required CO2 Footprint Product Process Electrodes Without the Use of Forever Chemicals (PFAS) Chemistry Agnostic Process Allows for Servicing of Multiple Different
Slide 19: Patented Dual-Sided Dry Deposition Process
Patented Dual-Sided Dry Deposition Process A Higher Quality Cell At A Lower Cost Uniformly distributes binder materials Raw Material Powder Electrode Cell and carbon conductors with Intake Feedstock Prep Production Production active materials. Enhances the mechanical robustness of > > > the electrod
Slide 20: Lowering CapEx Via Efficient Battery Manufacturing
Lowering CapEx Via Efficient Battery Manufacturing Streamlined, Next-Generation, Chemistry Agnostic Platform to Manufacture Highly Cost-Efficient Batteries at Scale Today. Conventional 12 STEPS Formation, EOL Testing, Slurry Making Slurry NMP Ca lendar Winding/ Electrolyte Ag ing, and Grad ing Va cu
Slide 21: Spray Preparation & Dry Coating
Spray Preparation & Dry Coating Spray Dry Preparation Coating Calendar Slitting Pressing Spray Drying Powder Coating Powder coating is one of the most popular Spray drying is a popular technique for finishing techniques available on the market turning liquids into powder form by rapidly today. dryin
Slide 22: Scaling Manufacturing, Optimized for Growth
Scaling Manufacturing, Optimized for Growth While the IRA has resulted in large amounts of announced plants, at-scale production has not started. Lithium Demand vs. Supply Forecast(1) 2040 24% Percentage of total capacity operational today(2) 2.7 Years Average construction time for a battery plant(3
Slide 23: A Domestic Battery Supply Chain Has Become A Priority
A Domestic Battery Supply Chain Has Become A Priority Legislative Support Regulatory Support US: IRA EV Credit Qualification US: Federal-Defensive Production Act Requires 50% of the value of battery components to be President Biden invoked the Defensive Production Act to produced or manufactured in
Slide 24: Building A Resilient Supply Chain In Nevada
Building A Resilient Supply Chain In Nevada Battery Recycling The U.S. has an estimated Nevada is ranked the 14 Million Metric Tons #1 Mining Jurisdiction Battery Pack Large Natural Deposits of lithium resources. (1) in the world (2) Assembly of Lithium Nevada’s Lithium Loop May 2023 Battery Cell En
Slide 25: Sustainability In Mining Sustainability In Recycling
Sustainability In Mining Sustainability In Recycling Ioneer | Aqua Metals | Domestic Lithium Supplier Partner Lithium Recycling Partner Commercial Offtake Agreement. Estimated Date of Materials: 26’/27’ Aqua Metals is applying its commercialized clean, water-based recycling technology principles to
Slide 26: Technology Readiness Levels
Technology Readiness Levels TRL 1 | 2012: First dry electrode coating tests TRL 4 | 2022: Dry-coated coin cell TRL 7 | H1-2024: Installation of MWh-scale prototypes match industry feedstock equipment TRL 1 | 2012: First dry electrode coating performance patent files TRL 4 | H-1 2023: Single layer po
Slide 27: Cell Manufacturing Drives Opportunities In Previously Untapped Markets
Cell Manufacturing Drives Opportunities In Previously Untapped Markets Dragonfly Energy's innovative chemistry-agnostic process unlocks possibilities across diverse end markets, from consumer electronics and energy storage systems to electric vehicles. Market Opportunities Battery Energy Storage Ele
Slide 28: Robust Research & Innovation In Battery Technologies Presents Significant Upside
Robust Research & Innovation In Battery Technologies Presents Significant Upside 28
Slide 29: Advanced Battery Research
Advanced Battery Research Harnessing extensive research and development efforts, Dragonfly Energy bridges the gap between the lab and production. Change Photo to more Research Comprehensive Understanding & Optimization of the Focused Complete Battery Cell Failure Diagnostics Manufacturing Innovation
Slide 30: Dragonfly IntelLigence Next-Gen Smart System Monitoring
Dragonfly IntelLigence Next-Gen Smart System Monitoring Dragonfly IntelLigence delivers groundbreaking lithium battery communication technology, designed to give users the utmost confidence in their power system. + Meets ABYC E-13 Safety Standards Smart Monitoring Acquired Interest for Lithium Batte
Slide 31: Wakespeed® Alternator Charging Technology
Wakespeed® Alternator Charging Technology Dragonfly Energy’s Wakespeed® Alternator charging technology is ideal for system integrations demanding the most precise and powerful charging from a vehicle’s engine. Utilizes current, voltage, and temperature for optimal charging of 12V, 24V, 48V battery s
Slide 32: Future Upside. Dragonfly Energy’s Unique Approach to Solid-State Cells
Future Upside. Dragonfly Energy’s Unique Approach to Solid-State Cells Non-Flammable Battery Cells While others chase faster charging for quicker bursts of power, Dragonfly Energy prioritizes safety. Not just building a different battery, building a safer battery. >1,000 successful cycles already te
Slide 33: Financials
Financials 33
Slide 34: Historical Revenue Performance
Historical Revenue Performance By customer type OEM Sales are Increasing at an Annual Growth Rate of 179%. 34
Slide 35: Summary
Summary 35
Slide 36: Investing In Dragonfly Energy Is Investing In The Future Of Clean, Reliable, And Sustainable Energy Storage
Investing In Dragonfly Energy Is Investing In The Future Of Clean, Reliable, And Sustainable Energy Storage Pioneering innovation in North America’s lithium battery landscape through cutting-edge cell manufacturing processes, advanced battery pack design, Market Expansion and full system integration
Slide 37: Corporate Presentation
Nasdaq: DFLI Corporate Presentation May 2024 Investor Relations ICR Inc. dragonflyIR@icrinc.com 775-221-8892
Dragonfly Energy Holdings — Investor Presentation (May 2024) on 6ix