Dragonfly Energy Partners with the National Forest Foundation to Plant Trees in Honor of Earth Day

RENO, Nev., April 30, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in green energy storage and maker of Battle Born Batteries, announced today its pledge to plant over 10,000 trees in collaboration with the National Forest Foundation (NFF), the official non-profit partner of the USDA Forest Service, in recognition of Earth Day and the Company’s commitment to sustainability.

In celebration of Earth Day, Dragonfly Energy launched its annual sale, held April 22 through 26, this year pledging to plant 10 trees for every battery sold during the week-long event. Partnering with the National Forest Foundation's Reforestation Program, they're ensuring these efforts make a significant impact within the United States. All trees will be planted on public lands, targeting areas where reforestation is needed most. The NFF collaborates with the USDA Forest Service to identify planting sites across the vast 193-million-acre National Forest System.

“At Dragonfly Energy, sustainability is more than just a buzzword – it’s the foundation of everything we do,” Tyler Bourns, CMO of Dragonfly Energy, said. “Partnering with the National Forest Foundation to plant trees is a natural extension of our commitment to green initiatives. From our eco-friendly products and practices to fostering healthier forests, we’re actively cultivating a greener future.”

Every Battle Born Battery sold helped to plant 10 trees with Dragonfly Energy's Earth Day pledge.

According to the NFF, America’s forests are the most efficient natural systems for pulling carbon dioxide (CO₂) out of the atmosphere, with U.S. Forests sequestering up to 15% of the country’s CO₂ emissions annually. Natural disturbances, however, continue to affect National Forests each year, with wildfires, insects, drought, and disease – all exacerbated by climate change – causing deforestation. By planting trees, NFF and companies like Dragonfly Energy are helping to restore these public lands and ensure that our forests can continue to sequester CO₂, provide a habitat for wildlife, and mitigate the effects of climate change.