Update

AwesomeStocks Don’t want emails from us anymore? Click [here]( to unsubscribe. Hello! We wanted to update DFLI, our new high volatility alert, discussing more in-depth the company’s recent news from last week. As a reminder, last week, the company announced: “Dragonfly Energy Reports First Quarter 2024 Financial and Operational Results” Here are some of the company’s “Operational and Business Highlights” - “The Company has begun taking orders for its Battle Born® All-Electric auxiliary power units (“APUs”) and Battle Born® Liftgate Power Systems from trucking providers and fleet operators” - “Today announced certification of the Company’s energy storage products for use in oil & gas operations in North America” - “Announced partnership with the National Forest Foundation to plant trees in honor of Earth Day” - “Announced the results of a cost and sustainability assessment of the Company’s patented dry electrode battery manufacturing process, which concluded that Dragonfly Energy’s process was significantly more sustainable than conventional battery cell manufacturing processes” - “Announced partnership with Velociti Inc. to provide the Company’s customers access to Velociti’s Instant ROI and VeloCare programs when deploying its Battle Born® All-Electric APU” - “Announced receipt of the Business of the Year award for 2024 at the annual Nevada Business Awards” - “Announced the successful production of lithium battery cells with PFAS-free electrodes, in anticipation of tightening regulation of “forever chemicals”” Here are some of the comments from this press release: “I am incredibly excited about where Dragonfly Energy stands right now as a company and our opportunities for growth over the long-term,” said Dr. Denis Phares, Chief Executive Officer of Dragonfly Energy. “Combining a valuable brand, a robust intellectual property portfolio, a recovering core market, and the potential for rapid expansion into significant adjacent markets we believe uniquely positions us to further transform the battery industry. Our focus remains on the cost-effective domestic manufacturing of lithium battery cells, a technology we expect will be a critical component of the global energy landscape for decades to come.” Furthermore, as the company explained: “The Company is proud to announce that it has achieved full certification for its energy storage products to be deployed for use in oil & gas operations in North America. As a result of this certification, the Company is pleased to announce it is working with its previously announced partner, Connexa Energy Company (“Connexa”), to deliver a power product to market leading natural gas compressor packager Alegacy Equipment and their dedicated affiliate Agnes Systems.” In addition: - “The power system, which Connexa will integrate, will be used in natural gas compression equipment to reduce methane emissions across the oilfield. The Company expects the first of these systems to be deployed over the summer.” - “Dragonfly Energy expects this new business line to begin contributing to net sales by the fourth quarter of 2024.” Importantly: “The Company believes that the RV market is showing signs of recovery. In addition, the Company believes that its entry into the heavy-duty trucking market, while still in its early stages, is gaining traction and has the potential to be a more meaningful revenue contributor in the second half of 2024.” Following our alert this morning, DFLI opened the day at 1.09, and so far, rallied to a high of 1.14, upside of 4%. In the event that DFLI holds above its 200 day moving average it could experience further upside potential. We are continuing to monitor this opportunity. Sources: [Bloomberg]( [Presentation]( [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [Website]( [Chart]( Happy Trading! 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