Rebrand part of Dragonfly Energy bringing on Wakespeed earlier this year.
RENO, NEVADA – (Oct. 26, 2022) – Wakespeed, the brand behind the WS500 Advanced Alternator Regulator, acquired by Dragonfly Energy Corp. (“Dragonfly Energy”) in early 2022, announces the launch of its new product website, branding, and configuration app. The new branding is to be represented across the Dragonfly Wakespeed product line designed for marine, van, and motorized RV applications and will align with Dragonfly Energy’s position as a leader in energy storage and advanced technologies. The newly refreshed products can be seen at the Battle Born Batteries booth during the Fort Lauderdale International Boat Show, Oct. 26 – 30 at booth C65.
The Wakespeed WS500 Advanced Alternator Regulator is an innovative and unique product, positioned in the industry for safer and more efficient alternator-based charging. The rebranding aims to reveal a modern look that represents the quality and reliability of not just the WS500, but of Dragonfly Energy’s full line of LiFePO4 products and additional components.
“The inclusion of the Wakespeed products into our inventory this year has been phenomenal,” Dr. Denis Phares, Dragonfly Energy CEO, said. “We’re able to offer a quality product for our customers that works seamlessly with our existing product line. The goal of the rebrand is to demonstrate to our customers and OEM partners that these products are now part of the Dragonfly Energy umbrella and therefore they can expect the same level of excellence and customer satisfaction as they would from any of our existing line of lithium-ion batteries and other products.”
As part of the Wakespeed brand transitioning to Dragonfly Energy, the WS500 and additional Wakespeed accessory offerings are backed by Dragonfly Energy’s in-house, industry-leading support and customer service, as well as high-end educational materials including training videos, guides, and more.
The new Wakespeed Configuration Utility App is also now available, allowing users to not only update firmware but also monitor and configure the WS500 Alternator Regulator within the power system. The Wakespeed Configuration Utility App is available on Android and iPhone iOS platforms and will also be on display with an interactive interface at the Fort Lauderdale International Boat Show.
Those interested in checking out these products and learning more about Wakespeed products are encouraged to stop by Booth #65 at the Fort Lauderdale International Boat Show to get hands on the products, learn about intelligent engine-based charge control, ask questions and more.
View the new Wakespeed website at Wakespeed.com. For more information on Dragonfly Energy visit DragonflyEnergy.com.
About Dragonfly
Dragonfly Energy Corp. is a wholly-owned subsidiary of Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) headquartered in Reno, Nevada, and is a leading supplier of deep cycle lithium-ion batteries. Dragonfly’s research and development initiatives are revolutionizing the energy storage industry through innovative technologies and manufacturing processes. Today, Dragonfly’s non-toxic deep cycle lithium-ion batteries are displacing lead-acid batteries across a wide range of end-markets, including RVs, marine vessels, off-grid installations, and other storage applications. Dragonfly is also focused on delivering an energy storage solution to enable a more sustainable and reliable smart grid through the future deployment of the Company’s proprietary and patented solid-state cell technology. To learn more, visit www.dragonflyenergy.com/investors.
Forward-Looking Statements
Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical statements of fact and statements regarding the Company’s intent, belief or expectations, including, but not limited to, statements regarding the Company’s future results of operations and financial position, planned products and services, business strategy and plans, market size and growth opportunities, competitive position and technological and market trends. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions.
These forward-looking statements are subject to risks, uncertainties, and other factors (some of which are beyond the Company’s control) which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that may impact such forward-looking statements include, but are not limited to: the Company’s ability to successfully increase market penetration into target markets; the growth of the addressable markets that the Company intends to target; the Company’s ability to retain members of its senior management team and other key personnel; the Company’s ability to maintain relationships with key suppliers including suppliers in China; the Company’s ability to maintain relationships with key customers; the Company’s ability to protect its patents and other intellectual property; the Company’s ability to successfully optimize solid state cells and to produce commercially viable solid state cells in a timely manner or at all, and to scale to mass production; the Company’s ability to achieve the anticipated benefits of its customer arrangements with THOR and THOR’s affiliated brands (including Keystone); the impact of the coronavirus disease pandemic, including any mutations or variants thereof and/or the Russian/Ukrainian conflict; the Company’s ability to generate revenue from future product sales and its ability to achieve and maintain profitability; and the Company’s ability to compete with other manufacturers in the industry and its ability to engage target customers and successfully convert these customers into meaningful orders in the future. These and other risks and uncertainties are described more fully in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s Registration Statement on Form S-4 relating to the business combination declared effective by the U.S. Securities and Exchange Commission the (“SEC”) on September 16, 2022, in the Company’s Current Report on Form 8-K filed with the SEC on October 7, 2022, and in the Company’s subsequent filings with the SEC.
If any of these risks materialize or any of the Company’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company presently does not know or that it currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. All forward-looking statements contained in this press release speak only as of the date they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.
Dragonfly Contacts:
Investor Relations
Sioban Hickie, ICR, Inc.
DragonflyIR@icrinc.com
Media
Zach Gorin, ICR, Inc.
DragonflyPR@icrinc.com
Media Contacts:
Ronele Dotson / Amy Demuth
RAD Strategies Inc. for Dragonfly Energy
media@radstrategiesinc.com / 775-323-6333
