Dragonfly Energy (NASDAQ:DFLI) stock is flying higher on Tuesday after the company announced an expanded partnership with nuCamp.
According to a press release, Dragonfly Energy’s Battle Born Batteries will come as standard equipment in all of nuCamp’s RV travel trailer and truck camper products starting with the 2024 model year. This builds on a prior relationship that allowed nuCamp customers to upgrade to Battle Born Batteries starting in 2022.
Wade Seaburg, Chief Revenue Officer for Dragonfly Energy, said the following about the nuCamp news:
“The nuCamp team prioritizes quality, craftmanship, and providing the best experience for their customers. They were quick to see how Dragonfly Energy power systems can help them reach that goal. We started out testing by providing some full power systems on a small scale, and the response from their customers was very positive which we believe has led to making Battle Born Batteries power systems standard for nuCamp.”
More DFLI Stock News
Just a few days ago, Dragonfly Energy was also in the news after successfully securing a patent. The patent covers its “non-toxic deep-cycle Lithium Iron Phosphate (LiFePO4) batteries.” These batteries can be used in a variety of markets, such as the RV space.
Today’s news also has DFLI stock seeing heavy trading volume. As of this writing, more than 18 million shares have changed hands. For the record, the company’s daily average trading volume is about 1.4 million shares.
DFLI stock is up 10.5% as of Tuesday morning.
Investors looking for even more of the most recent stock market stories are going to want to stick around!
We have all of the latest stock market coverage that traders will want to read about on Tuesday! A few examples include why shares of Tesla (NASDAQ:TSLA), Mullen Automotive (NASDAQ:MULN) and Salesforce (NYSE:CRM) stock are on the move today. All of that news is available at the following links!
More Tuesday Stock Market News
- Dear TSLA Stock Fans, Mark Your Calendars for July 14
- MULN Stock Alert: Mullen Terminates Lawrence Hardge Deal
- CRM Stock Alert: Salesforce Jumps After Raising Product Prices
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On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
