Dragonfly Energy Holdings Corp., an industry leader in lithium battery technology, today announced that it has completed the acquisition of substantially all of the operating assets associated with the Dakota Lithium brand. The acquisition expands Dragonfly Energy’s reach across marine, outdoor recreation, powersports, golf cart and other specialty battery markets, the company said in a recent release.
Dakota Lithium will continue to operate as a distinct brand alongside the company’s Battle Born Batteries brand. The addition complements Dragonfly Energy’s established Battle Born business, Dragonfly Energy said, with each brand maintaining its own product focus, market position and customer community. Together, the brands will expand the range of products Dragonfly Energy can offer customers across applications.
The acquisition broadens Dragonfly Energy’s product offering with deep-cycle and dual-purpose batteries, smaller-format starting and powersports models, higher-energy-density designs across multiple form factors, chargers and portable power stations.
“Dakota Lithium has established a recognized position across marine, outdoor recreation and other specialty applications,” said Wade Seaburg, chief commercial officer of Dragonfly Energy. “We see a meaningful opportunity to build on that foundation by supporting product availability, expanding distribution and introducing more customers to the Dakota Lithium brand. Our focus is to bring Dragonfly Energy’s broader commercial and operational capabilities to the business while strengthening support for customers and channel partners.”
Dragonfly Energy said it intends to work closely with Dakota Lithium’s existing distributors, dealers and customers throughout the transition. The company is working to replenish inventory and expects product availability to expand over the coming months. Additional information regarding customer support and commercial programs will be shared as plans are finalized.
For more information about Dragonfly Energy, visit Dragonflyenergy.com.
