NCET helps you explore business and technology
By Dave Archer
Take a look at Dragonfly Energy. It’s a fast-growing young company in Reno that developed a strong name for itself as a manufacturer of lithium-ion batteries for RVs, boats and off-grid applications.
Working at a facility on Longley Lane, the company’s 17 employees use advanced manufacturing techniques and customized equipment designed to Dragonfly Energy’s standards to create some of the most efficient lithium-ion batteries on the market.
Dragonfly took flight after a couple of MBA students at UNR, Denis Phares, a former faculty member at the University of Southern California, and Sean Nichols, an expert in sales and operations, met for lunch one day.
Phares had conceived the Dragonfly Energy technology and joined forces with Nichols to bring it to market. The company they conceptualized in 2013 began winning cash prizes in numerous college business-plan and entrepreneurial competitions — the Nevada Governor’s Cup, Tristate Business Competition, Sontag Entrepreneurship Competition, the Cleantech Open.
Those prizes provided funds to advance Dragonfly Energy’s technology. Equally important, Phares says, judges in the competitions asked tough questions that sharpened the entrepreneurs’ focus on creation of a successful company.
As the company made the challenging transition from a classroom exercise to a profitable and thriving corporation, Phares and Nichols recognized that the business climate and cost of living in Northern Nevada provided important advantages.
Today, Dragonfly Energy (which also sells lithium-ion batteries under the “Battle Born Batteries” brand) has built a solid following among consumers as well as manufacturers and dealers of RVs and boats.
Its customers recognize that affordable and effective energy storage is one of the key elements of the renewable energy landscape of the future, and they recognize that Dragonfly’s products provide excellent efficiency and safety at a competitive price.
Equally important, Nichols says customers like buying an American-made product, and they love the customer-service provided by the Dragonfly Energy team.
Customers, in fact, have driven their RVs across the country and showed up unannounced in the Dragonfly Energy parking lot to discuss the company’s products with its staff.
The combination of industry-leading lithium-ion technology and old-school customer service does more than build another successful company in the Northern Nevada economy. Dragonfly Energy’s success allows it to support nonprofit groups such as The Eddy House (a program for homeless teens), and the entire community benefits.
Dragonfly Energy now is winning the most important business competition of all: Success in the marketplace.
See how lithium-ion batteries are built and learn how Dragonfly Energy established a strong market position during NCET’s Tech Wednesday event 5:30-7:30 p.m., May 9, 2018, at Dragonfly Energy, 4814 Longley Lane in Reno. More information and registration at NCETwed.org
Dave Archer is president/CEO of NCET, which produces educational and networking events to help people explore business and technology.