

“Our signature deep cycle batteries are well known in our core markets and position us to expand into new industries. Denis Phares, CEO of Dragonfly Energy, said. “Our recently allowed design application helps to ensure that when people see a battery pack with our look and design, they know it represents quality,” Dr. The Company anticipates the patent will support the Company’s goal to lead the industry in providing safe, affordable and effective energy storage solutions. The Company believes the design of the GC3 battery pack provides for more flexible solutions and increased energy density compared to traditional lead acid and lithium battery form factors.

29/858,079 covering the overall look and design of the assembly case of the Company’s GC3 12V 270Ah LiFePO4 deep cycle battery. patent based on a notice of allowance from the United States Patent and Trademark Office (USPTO) for U.S. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born Batteries and an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, announced today it will be awarded a new U.S. RENO, Nev., J(GLOBE NEWSWIRE) - Dragonfly Energy Holdings Corp. The to-be-granted patent will add to the Company’s extensive portfolio of more than 55 issued patents and pending applications focused on battery chemistry, battery cell manufacturing, battery pack design, system components, and storage system networking.The to-be-granted patent supports Dragonfly Energy ’s domestic market leadership position in design ing and assembl ing custom battery packs and enables continued success in meeting growing market demand.The design steps outside the traditional lead acid forms, enabling custom instal lations to have more flexible solutions, and increased energy density for the end user.patent for the design of the Company’s innovative GC3 12V 270Ah LiFePO4 deep cycle battery pack Dragonfly Energy has received a formal notice of allowance for a new U.S."It is a shot across the bow intended to remind countries including the United States, Japan, and the Netherlands that China has retaliatory options and to thereby deter them from imposing further restrictions on Chinese access to high-end chips and tools," Eurasia Group said.Ĭlarification: This story has been updated with a more accurate description of germanium and gallium. There are also potential substitutes for these metals.Ĭhina's scale allowed it to produce them at a lower cost than elsewhere, but Eurasia Group notes that Beijing's moves will have a "limited impact on global supply given the targeted scope." Japan, South Korea, Ukraine, Russia and Germany meanwhile produce gallium. Belgium, Canada, Germany, Japan, and Ukraine can manufacture germanium. Other countries are also able to produce these metals. Germanium intake was higher, with the country taking $60 million of the metal, while the EU imported $130 million of Germanium in 2022, according to data from S&P Global Market Intelligence. received $5 million of gallium metal and $220 million of gallium arsenide in 2022, according to government figures. and Europe don't import huge amounts of these materials.

"But these latest measures are more limited in scope, and while the new rules require Chinese exporters to first obtain a license, no language automatically bars export to specific countries or end-users." "A warning shot, not a death blow," Eurasia Group said in a note on Monday. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
