Enovix plans to double South Korea drone battery capacity by mid-2027
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Enovix to Double Korea Drone Battery Capacity
August 20, 2026 8:30 AM EDTExpansion Leverages Existing Company-Owned South Korea Facility, With Added Capacity Expected in Mid-2027
FREMONT, Calif., Aug. 20, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (Enovix), a developer and manufacturer of advanced lithium-ion batteries, including proprietary silicon-anode architectures, today provided additional details of its accelerated capacity expansion in South Korea, whose first phase is expected to double production capacity for its flagship drone products, and of the growing strategic role of its silicon-blended graphite anode battery platform (MX-1).
Already underway and expected online in mid-2027, the expansion is highly... More
