Dragonfly Energy Secures $527K Grant to Expand Cell Prototyping and Testing
Dragonfly Energy secured a second consecutive Nevada Tech Hub award of $527,000 to expand in-house cylindrical cell prototyping and advanced testing, supplemented by $432,000 in internal funding and running through Q2 2027. The non-dilutive funding accelerates R&D cycles, enhances validation of new materials, and deepens integration of its patented dry electrode cell technology with its core battery pack business.
1. Grant Award Details
Dragonfly Energy has been selected for a second consecutive Nevada Tech Hub award, receiving $527,000 in non-dilutive funding to expand its in-house cylindrical lithium battery cell prototyping and advanced testing capabilities.
2. Project Focus and Capabilities
The funding will enable acquisition of specialized equipment for cylindrical cell production and advanced validation systems to evaluate performance, qualify new materials and suppliers, and support next-generation cell development integrated with the company’s battery pack expertise.
3. Strategic Impact and Timeline
With an additional $432,000 internal investment, the initiative will run from Q2 2026 through Q2 2027, accelerating R&D and validation cycles, leveraging field data-driven design, and advancing the company’s patented dry electrode manufacturing platform.