Keystone RV ties with Dragonfly Energy

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Keystone RV ties with Dragonfly Energy

The business relationship with Keystone RV, a Towable RV Manufacturer in the U.S. has been strengthened by Dragonfly Energy Corp, an energy storage and producer of deep cycle lithium-ion storage batteries.

Dragonfly has previously announced an agreement for a business combination with Chardan NexTech Acquisition 2 Corp. CNTQ, which is expected to result in Dragonfly becoming a public company in the second half of 2022, under the new ticker symbol DFLI.

Customers can expect Dragonfly Energy Lithium-Ion batteries to be included in all Keystone units shipped through the end of 2022.

Keystone has previously announced an exclusive agreement that will provide Dragonfly Energy batteries as standard or optional OEM equipment on all Keystone RV travel trailers and fifth-wheels.

The Dragonfly-KeystoneDragonfly-Keystone relationship continues to value customers, so every Keystone RV that ships out through the end of the year will have Dragonfly Energy's Lithium-Ion batteries on board.

Denis Phares, CEO of Dragonfly Energy, said that Keystone RV has been at the forefront of technology development for their units. Keystone RV's numerous award-winning brands are embracing Dragonfly's battery storage products that improve the RV'ing experience for their customers, and we're excited to be an integral part of that. Jeff Runels, President and CEO of Keystone RV, said that the strategic partnership with Dragonfly Energy shows our commitment to set the standard in our industry for providing top energy storage solutions for all of our customers.

Dragonfly products are replacements for traditional lead-acid batteries with a 10 times longer lifespan, 3 times the power, 5 times the energy density and 5 times the charging speed.

Price Action: CNTQ shares traded higher by 0.29% to $10.35 in the premarket on the last check Tuesday.