Dragonfly Energy Holdings Corp. (NASDAQ: DFLI) shares barely budged Monday. The Reno-based Dragonfly, an industry leader in green energy storage and maker of Battle Born Batteries®, in recognition of Earth Day, is pledging to plant thousands of trees through a collaboration with the National Forest Foundation (NFF), the official non-profit partner of the United States Department of Agriculture (USDA) Forest Service. In support of the company’s commitment to environmental sustainability, Dragonfly Energy aims to exceed last year’s planting of 10,000 trees.
The National Forest Foundation is leading the charge on natural solutions for climate change having planted more than 33.5 million trees to date since the campaign began in 2018, and over five million alone in 2024. In Dragonfly Energy’s backyard alone, the Sierra Nevada, the NFF planted 24,225 trees in 2024, which included planting in five National Forests. These efforts are helping to restore public lands and ensure that forests can continue to sequester carbon dioxide (CO2), as America’s forests are the most efficient natural systems for pulling CO2 out of the atmosphere.
"Healthy forests are vital to a greener future, just as eco-friendly battery development and manufacturing are essential to sustainable progress," said Tyler Bourns, chief marketing officer for Dragonfly Energy. "As we enter our second year of partnership for Earth Day, we remain dedicated to environmental stewardship and the pursuit of a more sustainable planet.”
DFLI shares started out Monday where they ended up Thursday at 62 cents.
