STOXPO
  • Latest News
  • Technology
    • Software
    • Semiconductors
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions
No Result
View All Result
  • Latest News
  • Technology
    • Software
    • Semiconductors
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions
No Result
View All Result
STOXPO
No Result
View All Result
Home Consumer Defensive Electrical Equipment
investing

Dragonfly Energy Secures Nevada Tech Hub Funding to Strengthen Lithium Battery Innovation

byLuca Blaumann
October 3, 2025
in Electrical Equipment, Small-Cap
Reading Time: 2 mins read
Share on TwitterShare on LinkedIn

$300,000 award to support modernization, workforce training, and growth in Nevada’s clean energy economy

Dragonfly Energy Holdings (DFLI), the Reno-based maker of Battle Born Batteries®, announced it has been selected by Nevada Tech Hub for funding in the program’s first round of awards. The initiative, part of a federally designated network of 31 Tech Hubs nationwide, aims to bolster Nevada’s lithium battery supply chain and workforce development.

The award, expected to total about $300,000, will be applied toward production system upgrades, workforce expansion, and high-impact modernization initiatives. Dragonfly plans to advance toward ISO 9001 certification, modernize its battery manufacturing lines, and adopt new production technologies. These improvements could yield six-figure annual savings, which the company intends to reinvest into training programs with Truckee Meadows Community College and the University of Nevada, Reno.

“This award is more than just an investment in Dragonfly Energy, it is an investment in Nevada’s future,” said Dr. Denis Phares, CEO of Dragonfly Energy. “As a homegrown company, we are proud to contribute to Nevada’s goal of becoming the nation’s hub for lithium battery innovation. This non-dilutive capital gives us the ability to modernize operations, expand our skilled workforce, and create long-term economic growth.”

Nevada Tech Hub’s support underscores Dragonfly’s role in the state’s “Lithium Loop,” a regional ecosystem linking extraction, processing, manufacturing, and recycling. With nearly 400,000 square feet of manufacturing space in South Reno, the company says it is well-positioned to scale operations and anchor high-value clean energy jobs.

“By funding projects that grow manufacturing and workforce capabilities, we’re ensuring Nevada remains at the center of the U.S. energy storage economy,” added Dick Bartholet, regional innovation officer for Nevada Tech Hub.

The collaboration highlights Dragonfly’s role in shaping Nevada’s clean-tech future while positioning the company for long-term growth in the global battery market.

You might like this article:Rivian Cuts Delivery Forecast Amid Loss of EV Tax Credits

Tags: DFLIGrowthMoversNewsStock Market
Previous Post

Rivian Cuts Delivery Forecast Amid Loss of EV Tax Credits

Next Post

AMD Soars 25% After Landmark AI Chip Deal With OpenAI

Related Posts

KULR Launches Next-Generation Battery Management System for Space and Defense

byLuca Blaumann
October 2, 2025
0

kBMS introduces radiation-tolerant design, redundancy, and enhanced efficiency for mission-critical applications KULR Technology Group (KULR), a Bitcoin+ Treasury company with...

investing

Chijet Secures Up to $1 Billion in Expanded Private Placement

byLuca Blaumann
October 1, 2025
0

Automaker pivots toward digital asset custody with strong institutional backing Chijet Motor Company (CJET) announced a major milestone on Friday,...

trading-chart-2

AgriFORCE Rebrands as AVAX One With $550M Avalanche Strategy

byLuca Blaumann
September 22, 2025
0

First Nasdaq-listed company dedicated to AVAX ownership sets sights on institutional blockchain finance AgriFORCE Growing Systems (AGRI) has announced a...

Next Post
semiconductor-3

AMD Soars 25% After Landmark AI Chip Deal With OpenAI

Latest News

Verizon Partners with AST SpaceMobile to Deliver Space-Based Cellular Coverage

Envoy Medical Advances to Final Stage of FDA Trial for Fully Implanted Cochlear Implant

Tech Rally Lifts S&P 500 and Nasdaq as AMD Soars on OpenAI Deal

AMD Soars 25% After Landmark AI Chip Deal With OpenAI

Dragonfly Energy Secures Nevada Tech Hub Funding to Strengthen Lithium Battery Innovation

Based on Your Interest

Rivian Electric Pickup Truck
Auto Manufacturers

Rivian Cuts Delivery Forecast Amid Loss of EV Tax Credits

October 2, 2025
Electrical Equipment

KULR Launches Next-Generation Battery Management System for Space and Defense

October 2, 2025
investing
Auto Manufacturers

Chijet Secures Up to $1 Billion in Expanded Private Placement

October 1, 2025

Recommended

Large-Cap

Nike Surprises Wall Street With Strong Q1 Results

September 30, 2025
Entertainment

Fubo Shareholders Approve Disney Merger With Hulu Live TV

September 30, 2025
Brokerages

Robinhood Surges on Prediction Market Growth

September 30, 2025
Large-Cap

Nike Faces Steep Profit Decline as Q1 Results Loom

September 29, 2025
Biotechnology

Drugmakers Gain as Markets Digest Trump’s Proposed 100% Pharma Tariffs

September 26, 2025
Stoxpo

Follow us on social media:

Highlights

  • Verizon Partners with AST SpaceMobile to Deliver Space-Based Cellular Coverage
  • Envoy Medical Advances to Final Stage of FDA Trial for Fully Implanted Cochlear Implant
  • Tech Rally Lifts S&P 500 and Nasdaq as AMD Soars on OpenAI Deal
  • AMD Soars 25% After Landmark AI Chip Deal With OpenAI
  • Dragonfly Energy Secures Nevada Tech Hub Funding to Strengthen Lithium Battery Innovation

Category

  • Blog
  • Communication Services
    • Entertainment
    • Internet
    • Telecommunications
  • Companies
    • Large-Cap
    • Mega-Cap
    • Micro-Cap
    • Mid-Cap
    • Small-Cap
  • Consumer Cyclical
    • Auto Manufacturers
    • Casinos & Gambling
    • Ground Transportation
    • Hospitality
      • Casinp
      • Resorts & Lodging
      • Restaurants
      • Travel
        • Airlines
    • Retail
    • Textiles, Apparel & Luxury Goods
  • Consumer Defensive
    • Beverages
    • Discount Stores
    • Distributor
    • Ecommerece
    • Electrical Equipment
    • Foods
    • Household & Personal Products
    • Leisure Products
    • Tobacco
  • Contributions
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Economy
  • Energy
    • Electric
    • Oil & Gas
    • Renewables
  • Financial Services
    • Asset Management
    • Banks
    • Brokerages
    • Credit Services
    • Insurance
  • Healthcare
    • Biotechnology
    • Medical Devices
    • Pharmaceuticals
  • Industrials
    • Aerospace & Defense
    • Construction
    • Industrial Machinery
  • Materials
    • Building Materials
    • Chemicals
    • Gold
    • Mining
    • Silver
    • Steel
  • Q&A's
  • Real Estate
  • Technology
    • Artificial Intelligence
    • Computer Hardware
    • Consumer Electronics
    • Cybersecurity
    • IT Services
    • Semiconductors
    • Software
  • Utilities

Latest News

Verizon Partners with AST SpaceMobile to Deliver Space-Based Cellular Coverage

October 8, 2025
chemistry-2

Envoy Medical Advances to Final Stage of FDA Trial for Fully Implanted Cochlear Implant

October 7, 2025
investing

Tech Rally Lifts S&P 500 and Nasdaq as AMD Soars on OpenAI Deal

October 6, 2025
  • About
  • Privacy Policy
  • Contact

© 2024 All Rights Reserved: STOXPO.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More

In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information

Accept Cookie Settings
Cookies are small text files that can be used by websites to make a user's experience more efficient. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission. This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.
  • Always Active
    Necessary
    Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
  • Marketing
    Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
  • Analytics
    Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
  • Preferences
    Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.
  • Unclassified
    Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
Cookie Settings

Do you really wish to opt-out?

No Result
View All Result
  • Latest News
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Technology
    • Software
    • Semiconductors
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions

© 2024 All Rights Reserved: STOXPO.