Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) announced it secured a multi-million dollar order from Stevens Transport for its patented lithium-ion battery systems, a major commercial milestone for the company. The deal was announced on April 20, 2026.
According to a company press release, the order represents a significant step in the adoption of lithium-based idle reduction systems across the heavy-duty commercial trucking industry. The exact financial terms of the deal were not disclosed.
The order will see Dragonfly’s systems installed across the fleet of Stevens Transport, one of the largest refrigerated trucking companies in the United States. These systems allow drivers to power their cabs and trailers without idling the engine, reducing fuel consumption and emissions.
This agreement is a key validation of Dragonfly's technology and its application in the transportation sector. For investors, the order provides a tangible sign of commercial progress and market acceptance, which could support the company's future revenue growth.
The deal signals that market adoption for Dragonfly's battery technology is gaining momentum. Investors will be watching for the financial impact of this order in the company's upcoming quarterly earnings reports and for signs of further fleet partnerships.
This article is for informational purposes only and does not constitute investment advice.