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Dakota Lithium brand and assets acquired in strategic move by Dragonfly Energy

Dakota Lithium brand and assets acquired in strategic move by Dragonfly Energy
Dragonfly Energy expands with acquisition

Dragonfly Energy has completed the acquisition of the Dakota Lithium brand and operating assets in a move designed to broaden its market reach.

With this acquisition, Dragonfly Energy intends to strengthen its position across the marine, outdoor recreation, powersports, golf cart, and other specialty battery market segments. The transaction signals the company’s strategy to grow its product offerings and tap into additional customer bases through established industry brands. Financial details of the deal were not disclosed.

Dragonfly Energy recently appointed Robert Keller as director of national fleet sales, adding nearly four decades of fleet industry experience to its leadership team through the Keller appointment. The company has also detailed advances in lithium battery technology, with CCO Wade Seaburg discussing their role in next-generation transportation sectors in a separate feature on battery innovation. These moves highlight Dragonfly Energy’s focus on expanding both its executive expertise and technical capabilities.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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