RENO, Nev., June 15, 2026 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) ("Dragonfly Energy" or the "Company"), an industry leader in energy storage and maker of Battle Born Batteries®, today announced it has received a notice of allowance from the European Patent Office for its patent application titled "Systems and Methods for Dry Powder Coating Layers of an Electrochemical Cell."

The allowed patent application covers key elements of Dragonfly Energy's proprietary dry electrode manufacturing platform. At its core, the Company's dry electrode manufacturing technology uses dry powder coating to form critical layers within an electrochemical cell. The process can support electrode, separator, and solid-state electrolyte layers. This allowance further reinforces the Company's intellectual property position in scalable, solvent-free battery manufacturing and all-solid-state battery development.

"This European allowance expands the global reach of our intellectual property portfolio and strengthens protection around the dry electrode technology central to our long-term cell manufacturing strategy," said Dr. Denis Phares, Chief Executive Officer of Dragonfly Energy. "As we advance our all-solid-state battery development, we believe securing such patent rights in key markets will strengthen our position for future commercialization opportunities worldwide."

Securing patent protection in Europe supports Dragonfly Energy's strategy to commercialize next-generation battery technologies and expand its position in global energy storage markets. The Company's proprietary dry electrode platform is designed to support multiple battery chemistries and advance the future deployment of nonflammable, all-solid-state battery cells.

For more information about Dragonfly Energy, visit Dragonflyenergy.com.

About Dragonfly Energy

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) is a comprehensive lithium battery technology company, specializing in cell manufacturing, battery pack assembly, and full system integration. Through its renowned Battle Born Batteries^® brand, Dragonfly Energy has established itself as a frontrunner in the lithium battery industry, with hundreds of thousands of reliable battery packs deployed in the field through top-tier OEMs and a diverse retail customer base. At the forefront of domestic lithium battery cell production, Dragonfly Energy's patented dry electrode manufacturing process can deliver chemistry-agnostic power solutions for a broad spectrum of applications, including energy storage systems, electric vehicles, and consumer electronics. The Company's overarching mission is the future deployment of its proprietary, nonflammable, all-solid-state battery cells.

To learn more about Dragonfly Energy and its commitment to clean energy advancements, visit investors.dragonflyenergy.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the United States Private Securities 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 intellectual property portfolio, 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. Such factors include those set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, and in the Company's subsequent filings with the SEC available at www.sec.gov. 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.

Investor Relations

Eric Prouty

Szymon Serowiecki

AdvisIRy Partners

DragonflyIR@advisiry.com

Dragonfly Energy Media Relations

media@dragonflyenergy.com

Source: Dragonfly Energy Holdings Corp.

Dragonfly Energy Receives European Patent Allowance for Advancing Dry Electrode and Solid-State Battery Manufacturing