Dragonfly Energy to get US patent for battery pack design, shares up

Dragonfly Energy Holdings

13/07/2023 13:38

** Shares of battery maker Dragonfly Energy Holdings Corp
 DFLI.O  jump 18% premarket to $1.90
    ** Co says it will be granted a new U.S. patent for the
design of its deep cycle battery pack
    ** Co adds that the design of the battery pack provides for
increased energy density, compared to traditional lead acid and
lithium battery form factors
    ** Up to Wednesday's close, stock had fallen 86% YTD

 (Reporting by Arshreet Singh)
 ((Twitter: https://twitter.com/Arshreets))