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An update from Dragonfly Energy Holdings Corp ( (DFLI) ) is now available.
Dragonfly Energy Holdings Corp has appointed Dr. Vickram Singh as the new Chief Operating Officer, effective February 4, 2025. Dr. Singh, previously the Senior Vice President of Technology, has a rich history within the company, having served in various research and development roles. His appointment comes with an employment agreement outlining a three-year term, an annual base salary of $350,000, a discretionary bonus, and long-term incentives. The agreement includes provisions for severance, confidentiality, and non-competition covenants, ensuring a structured leadership transition and continuity in operations. This strategic appointment is expected to enhance the company’s operational capabilities and strengthen its market position in the energy storage industry.
More about Dragonfly Energy Holdings Corp
Dragonfly Energy Holdings Corp operates in the energy sector, focusing on developing and manufacturing innovative energy storage solutions. The company’s primary products include advanced lithium-ion batteries, which are designed for various market applications, including renewable energy integration, transportation, and grid storage.
YTD Price Performance: -28.97%
Average Trading Volume: 86,378
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $16.54M
See more insights into DFLI stock on TipRanks’ Stock Analysis page.
