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0.00660244615218097 0.00660244615218097 0.00660244615218097 0.00660244615218097 0.012014287260526 -0.0122307609048598 -0.104340296568893 -0.14520077930512
Stock impact report

Stryten Energy Inks Licensing Agreement with Dragonfly Energy to Launch Its Battle Born Batteries® Brand of Lithium-Ion Batteries into New Consumer Retail Markets [Yahoo! Finance]

Dragonfly Energy Holdings Corp (DFLI) 
Company Research Source: Yahoo! Finance
ALPHARETTA, Ga., & RENO, Nev., July 30, 2024 BUSINESS WIRE )--Stryten Energy LLC, a U.S.-based manufacturer of advanced energy storage solutions, today announced a strategic partnership with Dragonfly Energy Holdings Corp. (Nasdaq: DFLI), an industry leader in green energy storage, to license Dragonfly Energy's Battle Born Batteries brand of lithium-ion batteries. The terms of the agreement, estimated at potentially more than $30 million, will grant exclusive licensing rights to Stryten to market and distribute Dragonfly Energy's Battle Born Batteries globally in most business-to-business markets and provide domestic contract manufacturing of Battle Born Batteries products for sale by Stryten Energy. "The addition of Dragonfly Energy's Battle Born Batteries into our transportation product portfolio provides our customers access to a well-known brand of quality lithium batteries. With this partnership, Stryten now has a complete lithium battery portfolio to meet our customer needs a Show less Read more
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