United States Secretary of Commerce Gina Raimondo held a press conference with Nevada Senator Jacky Rosen from the Reno, Nevada, headquarters of Dragonfly Energy Holdings. During the event, Senator Rosen, alongside Secretary of Commerce Raimondo, announced an investment of $21M in federal funding in the Nevada Tech Hub, a consortium led by the University of Nevada, Reno. The Nevada Tech Hub supports the Nevada lithium economy and companies like Dragonfly Energy, which are integral in technology development. Dragonfly Energy was selected as the host location for the announcement and serves as an example of the technological innovation happening in Nevada.
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