Dragonfly Energy – This Lithium Ion Battery Technology Company, Just Added To The Russell 3000 Index, Has A Huge Portfolio Of Patents

Dennis Phares, CEO, and John Marchetti, CFO of Dragonfly Energy DFLI were recently guests on Benzinga’s All-Access.

Dragonfly is a lithium ion battery technology company that focuses on the manufacturing of the cells themselves. The company has developed an innovative dry powder technique that has allowed it to onshore its manufacturing and greatly reduce costs.

The company went public in a tough environment in 2022 amidst rising interest rates. However, the IPO was still successful, according to Mr. Marchetti, and critically, Dragonfly was just added to the Russel 3000 index, lending legitimacy to the company’s operations.

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Featured photo by Juan Roballo on Shutterstock .

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