Enovix receives 100,000-unit battery order for drone program

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. SPCX
2. NFLX
3. NVDA
4. ISRG
5. SMCI
6. COF
7. S
8. TSLA
9. RTX
10. CRWV

Go back to Enovix receives 100,000-unit battery order for drone program

Enovix Receives 100,000-Battery Drone Order

October 13, 2026 4:58 PM EDT

FREMONT, Calif., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix" or the "Company," Nasdaq: ENVX), a developer and manufacturer of advanced lithium-ion batteries, today announced a purchase order from a multinational provider of dual-use drone systems. The initial order is for 100,000 battery units, with deliveries scheduled in the first half of 2027 as the customer scales its use of Enovix cells manufactured at the Companys TAA-compliant, military-qualified facility in South Korea. Following successful initial deployment, the customer is expected to place follow-on orders for the program in the second half of 2027 and beyond.

... More