Dragonfly Energy Partners with Nevada Athletics as Official “Go Green” Sponsor

• Dragonfly Energy is the official “Go Green” sponsor of the Nevada Athletics
• The multi-year agreement includes Nevada football, and men's and women's basketball starting with the 2023-24 season
• Dragonfly Energy and the university are exploring additional sustainability initiatives
  

RENO, Nev., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born Batteries ^TM and producer of deep cycle lithium-ion storage batteries, is the official “Go Green” sponsor of the Nevada Athletics for the 2023-24 season. The multi-year agreement includes football, and men's and women's basketball. Dragonfly Energy, a Reno-based lithium battery manufacturer, is also exploring additional sustainability initiatives with the University.

Founded in Reno in 2012 by Nevada MBA graduate and distinguished alumnus Dr. Denis Phares, the team at Dragonfly Energy will work with the University to help the athletics facilities identify opportunities to integrate eco-friendly and sustainable initiatives through use of Dragonfly's innovative Lithium-ion battery technology.

"I am proud to be able to return to the University of Nevada, Reno, as a supporting partner,” Dr. Phares said. “The University is an extremely important part of the Northern Nevada community to which we belong.  Not only is this a wonderful opportunity to support Nevada Athletics, but it’s a great way for us to look for opportunities on a larger scale with the University in our mission to revolutionize energy storage and make safe, reliable and clean technologies readily available.” 

Dragonfly Energy is a longtime supporter of the University of Nevada, Reno. A large percentage of the company’s workforce is University alumni, and the company works closely with various university departments on internship programs, including participation in the Wolf Pack STEM Internship Program this fall semester. In addition, Dragonfly Energy annually sponsors the College of Business Sontag Entrepreneurship Competition with a $10,000 Innovation Award.

"Dragonfly Energy and the prominence in the sustainable energy industry the company brings not only to the state, but to our University, is something we are proud to be associated with," Brian Sandoval, President of the University, said. "Dragonfly has generously supported the University through various efforts over the years and we are honored to continue that relationship as we welcome them as our Nevada Athletics Go Green sponsor. We look forward to exploring more sustainable initiatives with Dragonfly Energy in the future.”