Tuesday, 02 January 2024 12:17 GMT

Dragonfly Energy Stock Surged 42% Pre-Market Today: What's Driving The Rally?


(MENAFN- AsiaNet News)

Dragonfly Energy Holdings Corp. (DFLI) received a boost to its intellectual property portfolio on Wednesday after the United States Patent and Trademark Office (USPTO) issued a Notice of Allowance for the company's latest battery communication technology patent. 

The new protection strengthens its proprietary Dragonfly IntelLigence system. The patent covers technology that enables multiple battery units and wireless devices to share information through a connected mesh network, allowing them to communicate even if one system is powered down. 

This advancement enhances operational awareness, improves reliability, and enables quick alerts if faults are detected. 

Following the update, Dragonfly Energy stock traded over 42% higher in Wednesday's premarket. On Stocktwits, retail sentiment around the stock jumped to 'bullish' from 'neutral' territory the previous day. Message volume shifted to 'normal' from 'high' in 24 hours. 

Get updates to this developing story directly on Stocktwits.

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