In the extended trading session on Tuesday, shares of Bruker Corporation (NASDAQ: BRKR) surged 7.56% to $51.90 on the charts, sparked by the announcement of a quarterly cash dividend.
Bruker announced Dividends
A quarterly cash dividend of $0.05 per share was approved by the Bruker (BRKR) board of directors. It is projected that registered investors will get their dividend on December 2, 2024, on December 16, 2024. This action increased confidence and strengthened the market’s bullish momentum for the stock.
Bruker and Dragonfly Energy Signed a Strategic Alliance
Notably, Bruker and Dragonfly Energy Holdings Corp. (DFLI), a pioneer in energy storage and manufacturer of Battle Born Batteries, inked a Memorandum of Understanding (MOU).
The goal of this partnership is to bring together Bruker’s cutting-edge analytical tools with Dragonfly’s experience with solid and liquid-state battery technology. The alliance seeks to expedite improvements in battery research and manufacture. That also include the development of next-generation battery systems, and sustainable energy solutions.
Innovative Tools for Research on Batteries
BRKR’s cutting-edge nuclear magnetic resonance (NMR) technology plays a pivotal role in Dragonfly Energy’s research efforts. This equipment enables detailed analysis of lithium batteries, allowing scientists to examine electrolyte samples at various stages of a battery’s life.
These insights support optimization of battery performance, particularly for Dragonfly’s patented dry electrode process. Bruker’s product portfolio, which includes FT-IR, Raman spectroscopy, XRD, and XRF equipment, has significantly aided in the advancement of lithium battery cell technology.
BRKR Promoting Innovation in Renewable Energy
Bruker and Dragonfly Energy’s collaboration demonstrates their mutual dedication to developing energy storage technologies. The firms want to improve research and production operations by combining Bruker’s cutting-edge analytical instruments with robots, lab automation, and IoT connection.
This collaboration fosters evidence-based decision-making, improves worldwide technique harmonization, and increases the effectiveness of renewable energy storage systems. According to Bruker (BRKR), this partnership will be essential to redefining sustainable battery technology and, eventually, aiding in the world’s shift to renewable energy sources.
