Dragonfly Energy Partners with Stryten Energy to Expand Battle Born Batteries
Dragonfly and Stryten Partner
Exciting news for the lithium battery market! Dragonfly Energy Holdings Corp. has announced a strategic partnership with Stryten Energy, granting them exclusive rights to market and distribute Battle Born Batteries across various sectors, including military, automotive, marine, power sports, lawn & garden, and golf carts. This partnership, valued at $30 million, signifies a major expansion for Battle Born Batteries, enhancing their presence in new markets and demonstrating their commitment to quality and innovation.
Battle Born Batteries: A Leader in Lithium Technology
Battle Born Batteries, a brand synonymous with high-quality lithium-ion battery solutions, will benefit from Stryten Energy's extensive distributor and customer network. This partnership will allow the brand to reach new business-to-business (B2B) markets, providing consumers with more accessible and reliable lithium-based power solutions.
The Strategic Partnership
- Stryten Energy's Role: Stryten Energy, a leading U.S. battery manufacturer, will utilize its vast retail and distribution networks to introduce Battle Born Batteries to a wider audience. They will focus on developing new battery models specifically tailored to target markets.
- Dragonfly Energy's Contribution: Dragonfly Energy will continue to manufacture batteries at its Northern Nevada facility, ensuring the quality that customers expect. They will also focus on battery design and contract manufacturing services.
- Financial Aspects: The agreement includes an upfront payment of $5 million to Dragonfly Energy and the potential for additional royalty payments of up to $25 million.
Expanding into New Markets
This partnership allows Battle Born Batteries to penetrate markets where Dragonfly Energy does not currently have a presence, such as military, automotive, marine, and golf carts. It also sets the stage for the development of new lithium battery models that meet the unique needs of these sectors.
About Dragonfly Energy
Dragonfly Energy is a leader in lithium battery technology, specializing in the production of high-quality lithium-ion batteries. With a focus on innovation and sustainability, Dragonfly Energy continues to set the standard for energy storage solutions. Learn more about Dragonfly Energy at Dragonfly Energy and their Battle Born Batteries.
About Stryten Energy
Stryten Energy is a U.S.-based manufacturer specializing in advanced energy storage solutions, offering a wide range of products across various sectors. With a commitment to innovation and sustainability, Stryten Energy is poised to enhance its lithium battery portfolio through this strategic partnership. Discover more at Stryten Energy.
Why Choose Battle Born Batteries?
- Quality and Innovation: Battle Born Batteries are designed to deliver exceptional performance across a variety of applications, making them a preferred choice for consumers and industries alike.
- Sustainability and Efficiency: The partnership emphasizes sustainability, with a focus on developing a robust U.S.-based supply chain and battery recycling program.
The Best Solar Battery?
When it comes to choosing the best solar battery, Battle Born Batteries stand out for their reliability and performance. They are designed to meet the demands of solar energy storage, providing efficient and long-lasting power solutions with an amazing 10 year warranty.
Explore Our Great Collection of Battle Born Products
For more information on Battle Born Batteries and to explore our great collection of Battle Born products, visit our CDN Solar Battle Born Collection.
Read the full article on Yahoo Finance.