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Dragonfly Energy

NASDAQ: DFLI

Reno, US · Founded 2020 · 81 employees on LinkedIn · 1 known investors

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Dragonfly Energy operates a Nevada-based lithium battery factory that uses a dry electrode process to manufacture battery cells across chemistries such as NMC, LCO, and LFP, and assembles LiFePO4 battery packs in-house. The company participates in building a domestic lithium supply chain in Nevada through cell manufacturing, pack assembly, and partnerships with lithium mining and recycling firms.

Advanced ManufacturingCleantechEnergy

Founders & leadership

Dragonfly Energy was founded in 2020 by Denis Phares.

DPDenis Phares
Denis PharesFounder · Chief Executive OfficerExecutive Officer, Director at Dragonflyenergy
TBTyler Bourns
Tyler BournsChief Marketing OfficerHe spent nearly two decades in content-driven marketing and brand strategy, previously owning Bourns Productions, a production company recognized with three Emmy Awards and screenings at international film festivals including Cannes.
VSVick Singh
Vick SinghChief Operating OfficerVick Singh is Chief Operating Officer of Dragonfly Energy, a Nevada-based lithium battery manufacturer using dry electrode technology to produce battery cells and packs.
WSWade Seaburg
Wade SeaburgChief Commercial Officer (CCO)He previously led Structure Sales, a sales agency, before joining Dragonfly full-time.
VS
Vickram SinghChief Operating Officer
GL
George LopesDirector of Human Resources

Board

BN
Brian NelsonBoard Member
JB
Jonathan BellowsBoard director
PB
Perry BoyleBoard director
KM
Karina Montilla EdmondsBoard director
LI
Luisa IngargiolaBoard Member
RP
Rick ParodBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$3.5M disclosed across 1 of 2 rounds · 1900–2025

▶$3.5MraisedMar 2025 · 1 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Karina Montilla EdmondsDirector
  • Luisa IngargiolaDirector
  • Tyler BournsExecutive Officer
  • Vick SinghExecutive Officer
  • Rick ParodDirector
  • Denis PharesExecutive Officer, Director
  • Brian NelsonDirector
  • Jonathan BellowsDirector
  • Perry BoyleDirector
  • Wade SeaburgExecutive Officer
Offering amount
$8M
Amount sold
$3.5M
Sales commissions
$400K
Placement agents
Chardan Capital Markets, LLC
First sale
Feb 2025
Incorporated
Corporation, Nevada, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently asked questions

What does Dragonfly Energy do?
Dragonfly Energy operates a Nevada-based lithium battery factory that uses a dry electrode process to manufacture battery cells across chemistries such as NMC, LCO, and LFP, and assembles LiFePO4 battery packs in-house. The company participates in building a domestic lithium supply chain in Nevada through cell manufacturing, pack assembly, and partnerships with lithium mining and recycling firms.
Who founded Dragonfly Energy?
Dragonfly Energy was founded by Denis Phares in 2020.
Who are Dragonfly Energy's investors?
Dragonfly Energy's investors include Energy Impact Partners.
How much funding has Dragonfly Energy raised?
Dragonfly Energy has disclosed $3.5M raised across 1 of its 2 known rounds.
Where is Dragonfly Energy headquartered?
Dragonfly Energy is headquartered in Reno, US.