Dragonfly Energy Holdings Corp. (NASDAQ: DFLI) gained ground Monday. The Reno-based company, an industry leader in energy storage and maker of Battle Born Batteries®, today announced it has received a notice of allowance from the European Patent Office for its patent application titled “Systems and Methods for Dry Powder Coating Layers of an Electrochemical Cell.”
The allowed patent application covers key elements of Dragonfly Energy’s proprietary dry electrode manufacturing platform. At its core, the Company’s dry electrode manufacturing technology uses dry powder coating to form critical layers within an electrochemical cell. The process can support electrode, separator, and solid-state electrolyte layers. This allowance further reinforces the Company’s intellectual property position in scalable, solvent-free battery manufacturing and all-solid-state battery development.
“This European allowance expands the global reach of our intellectual property portfolio and strengthens protection around the dry electrode technology central to our long-term cell manufacturing strategy,” said CEO Denis Phares.
“As we advance our all-solid-state battery development, we believe securing such patent rights in key markets will strengthen our position for future commercialization opportunities worldwide.”
Securing patent protection in Europe supports Dragonfly Energy’s strategy to commercialize next-generation battery technologies and expand its position in global energy storage markets. The Company’s proprietary dry electrode platform is designed to support multiple battery chemistries and advance the future deployment of non-flammable, all-solid-state battery cells.
DFLI shares began trading Monday up 24 cents, or 14.2%, to $1.98.
