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Dragonfly Energy achieves key milestone with cathode electrode dry deposition

Dragonfly Energy announced the successful deposition of cathode electrodes, and double-sided dry deposition of both anode and cathode electrodes, both at scale, using the Company’s patented dry electrode battery manufacturing process. Achievement of this key technological milestone puts Dragonfly Energy on track for the production of its American-made lithium cells by the end of 2023. “With the successful scaled-up deposition of cathode electrodes, we can now say that Dragonfly Energy has passed the last anticipated major technological hurdle as we work towards lithium battery cell production right here in Nevada,” Dr. Denis Phares, chief executive officer of Dragonfly Energy, said. “Graphite anodes and LiFePO4 cathodes have fundamentally different physical and mechanical properties, so we’re proud to say this is a significant achievement for our whole team and an incredibly exciting time for the industry as a whole. I believe it validates the strength of our chemistry agnostic manufacturing process as economically deployable and scalable.”

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