Enovix Corporation
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- Ryan A. Benton
- Full Time Employees
- 664
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Address
- 3501 West Warren Avenue Fremont CA United States of America 94538
- IPO Date
- Jan 5, 2021
- CIK
- 0001828318
- Website
- enovix.com
- Similar Companies
- Business
- Enovix Corporation designs, develops, manufactures and commercializes high-performance silicon-anode lithium-ion batteries that deliver higher energy density, fast charging and enhanced safety compared to conventional cells; its core products include Artificial Intelligence Class batteries for smartphones and laptops supporting 3C fast charge and high cycle life, batteries for smart eyewear and IoT devices with 2C fast charge capability, rugged cells for portable power, military and industrial applications featuring BrakeFlow thermal management, power disc batteries, flexible lithium-ion polymer batteries, superior lithium-ion polymer batteries and active silicon lithium-ion cells produced through its Routejade subsidiary for wearables, medical devices, headsets, activity trackers and industrial equipment. The company, founded in 2007 and headquartered in Fremont, California, operates manufacturing facilities in the United States, South Korea, Malaysia and India, serving original equipment manufacturers in wearables and IoT, smartphones, computing, electric vehicles, defense and industrial sectors with primary revenue from South Korea, Switzerland, Norway, the United States and Taiwan. Recent developments include the Q2 2025 acquisition and integration of a SolarEdge battery cell facility in Nonsan City, South Korea to expand capacity and support 100% active silicon anode production for new product introductions, advancement of its lead smartphone program with Honor into final validation ahead of a planned 2026 launch following a September 2024 development agreement, completion of a $300 million convertible senior notes offering due 2030, a warrant dividend program and share repurchases totaling $58.29 million, alongside Q3 2025 revenue growth to $8 million reflecting an 85% year-over-year increase and projections for profitability within three years.
Company News
Enovix: Change In Strategic Focus Not Likely To Be Sufficient - Hold
Enovix Stock Rises on 100,000-Battery Drone Order, Eyes Follow-On Demand in 2027
Enovix Receives 100,000-Battery Drone Order
Enovix Bets Big on Defense Batteries with $216 Million Pipeline, Korea Expansion
Enovix (NASDAQ:ENVX) Shares Gap Up – Here’s Why
US Stocks Mixed; Enovix Shares Jump
Powell Industries (NASDAQ:POWL) versus Enovix (NASDAQ:ENVX) Critical Contrast
Enovix's TAA-Compliant Battery Manufacturing Strengthens Position with U.S. Defense Supply Chain
BlackRock Inc. Takes Position in Enovix Corporation $ENVX
Enovix Is At The Lows For Good Reason (Rating Upgrade)
Enovix to Double Korea Drone Battery Capacity
Enovix Corporation (ENVX) Upgraded to Buy: What Does It Mean for the Stock?
After Plunging 35% in 4 Weeks, Here's Why the Trend Might Reverse for Enovix Corporation (ENVX)
Enovix Says Strategy Intact as CFO Takes Interim CEO Role After Raj Resigns
Enovix: Time For A Strategy Change After Surprise CEO Departure (Rating Upgrade)
Enovix Reports on CEO Transition Webcast
QuantumScape Falls 6%, Enovix Sinks 14%, Solid Power Drops 4% as Yields at 19-Year Highs Hit Speculative Growth
Enovix Corporation (ENVX) Shareholder/Analyst Call Transcript
Enovix Says Strategy Intact as CFO Takes Interim CEO Role After Raj Resigns
Enovix Stock Slides Following Leadership Restructuring: What Investors Need to Know