Articles from Enovix Corporation

Search to Replace Enovix CFO
FREMONT, Calif., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global leader in high-performance batteries, today announced that CFO Farhan Ahmad has left the company and that it is searching for a new CFO.
By Enovix Corporation · Via GlobeNewswire · December 16, 2024
Enovix Expands Leadership Team with Battery Industry Veteran Dr. Hongwei Yan
FREMONT, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global leader in high-performance batteries, today announced the appointment of Dr. Hongwei Yan as Chief Technology Officer (CTO), reporting directly to CEO Dr. Raj Talluri. In this role, Dr. Yan will work in concert with the CEO and the leadership team to drive technology development, customer qualification and the 2025 scale up of the company’s Malaysia high-volume manufacturing plant.
By Enovix Corporation · Via GlobeNewswire · November 26, 2024
Enovix to Participate in Upcoming Investor Events
FREMONT, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today its participation in the following upcoming investor events:
By Enovix Corporation · Via GlobeNewswire · November 6, 2024
Enovix Completes $100 Million Equity Offering
FREMONT, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today that it completed a secondary equity offering. On Friday November 1, the Company received approximately $96 million dollars net of fees related to the transaction. As a result, the Company now expects to close 2024 with cash levels of approximately $245 million, compared to the prior expectation of $150 million.
By Enovix Corporation · Via GlobeNewswire · November 5, 2024
Enovix Announces Pricing of Public Offering of Common Stock
FREMONT, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (NASDAQ: ENVX), a global high-performance battery company, today announced the pricing of an underwritten public offering of 10,416,667 shares of its common stock for total gross proceeds of $100 million before deducting underwriting discounts and commissions and estimated offering expenses payable by Enovix. The offering is expected to close on November 1, 2024, subject to satisfaction of customary closing conditions. All of the shares of common stock in the offering will be sold by Enovix.
By Enovix Corporation · Via GlobeNewswire · October 30, 2024
Enovix Announces Proposed Public Offering of Common Stock
FREMONT, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (NASDAQ: ENVX), a global high-performance battery company, today announced that it has commenced an underwritten public offering of $100.0 million of shares of its common stock, subject to market and other conditions. In connection with the offering, Enovix expects to grant the underwriter a 30-day option to purchase up to an additional $15.0 million of the shares of common stock offered in the public offering. There can be no assurances as to whether or when the offering may be completed, or as to the actual size or terms of the offering. All of the shares of common stock in the offering will be sold by Enovix.
By Enovix Corporation · Via GlobeNewswire · October 30, 2024
Enovix Announces Third Quarter 2024 Financial Results
FREMONT, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today financial results for third quarter 2024, which included the summary below from its President and CEO, Dr. Raj Talluri.
By Enovix Corporation · Via GlobeNewswire · October 29, 2024
Enovix and Leading Smartphone OEM Execute Development Agreement for Mass Production in 2025
FREMONT, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today that it executed a development agreement with one of the leading global smartphone OEMs with top 5 market share in China. Under the terms of the agreement and subject to applicable milestones, the companies will develop a 100% active silicon anode battery customized for specific smartphone models targeted for launch in Q4 2025. The company now has agreements with 2 of the leading smartphone OEMs and has further sales momentum building in IoT and EV markets.
By Enovix Corporation · Via GlobeNewswire · October 29, 2024
Enovix to Release Third Quarter 2024 Financial Results on October 29, 2024
FREMONT, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it will release financial results for the third quarter of 2024 on Tuesday, October 29, 2024, after the close of the market.
By Enovix Corporation · Via GlobeNewswire · October 16, 2024
Enovix Begins Shipment of Battery Cells to Customers from Malaysia Fab
FREMONT, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today that it commenced shipping EX-1M battery cell samples from its new Agility Line in Malaysia last week. This is an important milestone on the Company’s journey to scale which follows shipping initial samples from Fab1 in California, and opening high-volume Fab2 in Malaysia just this summer. Enovix also recently completed internal UN38.3 certification for cells now shipping. UN38.3 is the United Nations standard for safe transportation of Lithium-ion batteries and is only granted to products that meet strict international safety and abuse tolerance standards through a series certified test protocol. By shipping samples within the third quarter of 2024, the Company is on track to commence high-volume production in 2025.
By Enovix Corporation · Via GlobeNewswire · October 2, 2024
Enovix to Participate in Upcoming Investor Event
FREMONT, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced its participation in the following investor event:
By Enovix Corporation · Via GlobeNewswire · September 10, 2024
Enovix Announces Second Quarter 2024 Financial Results
FREMONT, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today financial results for second quarter 2024, which included the summary below from its President and CEO, Dr. Raj Talluri.
By Enovix Corporation · Via GlobeNewswire · July 31, 2024
Enovix Signs MOU with Global High-Performance Automotive OEM
FREMONT, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has signed a non-binding Memorandum of Understanding (“MOU”) with a high-performance, global automotive OEM aimed at scaling the Enovix cell architecture for the EV market. The agreement is focused on cell design and performance validation and optimization at the cell, pack, and vehicle level to take advantage of the unique Enovix cell design to improve performance and customer experience.
By Enovix Corporation · Via GlobeNewswire · July 31, 2024
Enovix Signs Collaboration Agreement with Fortune 200 Company
FREMONT, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has signed a collaboration agreement with a Fortune 200 company to provide silicon batteries for a fast-growing IoT product category that already has tens of millions of users globally.
By Enovix Corporation · Via GlobeNewswire · July 31, 2024
Enovix to Release Second Quarter 2024 Financial Results on July 31, 2024
FREMONT, Calif., July 17, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it will release financial results for the second quarter of 2024 on Wednesday, July 31, 2024, after the close of the market.
By Enovix Corporation · Via GlobeNewswire · July 17, 2024
Enovix to Hold Grand Opening of Malaysia Factory on August 8, 2024
FREMONT, Calif., July 03, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it will hold a grand opening of Fab2, its high-volume production facility in Penang, Malaysia, on August 8, 2024.
By Enovix Corporation · Via GlobeNewswire · July 3, 2024
Enovix Signs MOU with Leading Consumer Electronics Battery Pack Manufacturer
FREMONT, Calif., June 26, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has signed a Memorandum of Understanding (“MOU”) with Elentec Co., Ltd (“Elentec”) (Kosdaq: 054210: KQ), a leading consumer electronic battery pack manufacturing company in Asia serving customers such as Samsung. The agreement provides a framework for a long-term business relationship between the two companies and enables Enovix to lock in a globally trusted battery pack manufacturing partner to support its growth with target customers worldwide.
By Enovix Corporation · Via GlobeNewswire · June 26, 2024
Enovix Signs Agreement to Deliver High-Performance Batteries for Mixed Reality Headset
FREMONT, Calif., June 25, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has signed an agreement with a leading California-based technology company to provide silicon batteries and packs for a mixed reality headset.
By Enovix Corporation · Via GlobeNewswire · June 25, 2024
Enovix Begins Customer Sampling of EX-1M Batteries
FREMONT, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced that it has begun customer sampling of its breakthrough EX-1M battery.
By Enovix Corporation · Via GlobeNewswire · May 13, 2024
Enovix to Participate in Upcoming Investor Conferences
FREMONT, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced its participation in the following investor conferences in May and June:
By Enovix Corporation · Via GlobeNewswire · May 7, 2024
Enovix Announces First Quarter 2024 Financial Results
FREMONT, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today financial results for first quarter 2024, which included the summary below from its President and CEO, Dr. Raj Talluri.
By Enovix Corporation · Via GlobeNewswire · May 1, 2024
Enovix Reaches Development Agreement with a Leading Smartphone OEM
FREMONT, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has reached a development agreement with one of the top five smartphone OEMs in the world by unit volume.
By Enovix Corporation · Via GlobeNewswire · May 1, 2024
Enovix to Release First Quarter 2024 Financial Results on May 1, 2024, and Additionally Host Live “Ask Me Anything” Video Call with CEO Dr. Raj Talluri on May 6, 2024
FREMONT, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it will release financial results for the first quarter of 2024 on Wednesday, May 1, 2024, after the close of the market.
By Enovix Corporation · Via GlobeNewswire · April 17, 2024
Enovix Announces Fab2 Manufacturing Milestones
FREMONT, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has completed Factory Acceptance Testing (“FAT”) for its Gen2 Agility Line and is on track to produce first silicon battery samples from Fab2 in the second quarter of 2024.
By Enovix Corporation · Via GlobeNewswire · April 16, 2024
Enovix Awarded 15-Year Pioneer Status from Malaysian Investment Development Authority for its High-Volume Manufacturing Facility
FREMONT, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has been granted 15-year Pioneer Status from the Malaysian Investment Development Authority (MIDA) for manufacturing its batteries in Malaysia. Enovix’s high-volume manufacturing facility, Fab2, is located in the Penang Science Park in Penang, Malaysia. Enovix previously announced the establishment of Enovix Malaysia Sdn. Bhd. (“Enovix Malaysia”) in March 2023.
By Enovix Corporation · Via GlobeNewswire · March 27, 2024
Enovix to Present at J.P. Morgan Industrials Conference
FREMONT, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced it will webcast a presentation by CFO Farhan Ahmad at 8:30 AM ET on Thursday, March 14, 2024, from the J.P. Morgan Industrials Conference in New York City.
By Enovix Corporation · Via GlobeNewswire · March 4, 2024
Enovix Announces Fourth Quarter and Full Year 2023 Financial Results
FREMONT, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today financial results for fourth quarter and full year 2023, which included the summary below from its President and CEO, Dr. Raj Talluri.
By Enovix Corporation · Via GlobeNewswire · February 20, 2024
Enovix to Release Fourth Quarter and Full Year 2023 Financial Results on February 20, 2024
FREMONT, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced it will release financial results for the fourth quarter and full year 2023 on Tuesday, February 20, 2024, after the close of the market.
By Enovix Corporation · Via GlobeNewswire · January 30, 2024
Enovix and Group14 Announce Collaboration to Develop Best-in-Class Silicon Batteries
FREMONT, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, and Group14 Technologies, a leading manufacturer and supplier of active silicon battery material, today announced their collaboration to develop a silicon battery using Group14’s silicon-carbon composite SCC55® for 100% of the anode material within Enovix’s battery architecture. Enovix and Group14 will additionally explore new ways to advance the performance and efficiency of lithium-ion silicon batteries, in line with their commitments to innovation, renewable energy and customer satisfaction.
By Enovix Corporation · Via GlobeNewswire · January 8, 2024
Enovix President and CEO Dr. Raj Talluri Receives Executive of the Year BIG Award for Business
FREMONT, Calif., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced that its President and CEO, Dr. Raj Talluri, has received the Business Intelligence Group’s BIG Award for Business in the “Executive of the Year” category. The organization’s annual program rewards companies, products and people that are leading their respective industries.
By Enovix Corporation · Via GlobeNewswire · November 22, 2023
Enovix Named CES 2024 Innovation Awards Honoree
FREMONT, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced it has been named a CES® 2024 Innovation Awards Honoree for its pioneering BrakeFlow™ safety technology. The announcement of award winners was made ahead of CES 2024 in Las Vegas, NV, the world’s most powerful technology event.
By Enovix Corporation · Via GlobeNewswire · November 16, 2023
Enovix Vice President of Product Strategy Samira Naraghi Appointed to Prestigious Consumer Technology Association Board of Industry Leaders
FREMONT, Calif., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced that Samira Naraghi, Enovix’s Vice President of Product Strategy, has been appointed to the 2024 Consumer Technology Association (CTA)® Board of Industry Leaders.
By Enovix Corporation · Via GlobeNewswire · November 15, 2023
Enovix Announces Third Quarter 2023 Financial Results
FREMONT, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) --  Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today financial results for the third quarter of 2023, which included the summary below from its President and CEO, Dr. Raj Talluri.
By Enovix Corporation · Via GlobeNewswire · November 7, 2023
Enovix Batteries Demonstrate Highest Energy Density Among Cells Evaluated According to Polaris Battery Labs
FREMONT, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced its IoT & Wearable cell exceeded the requirements of a global wearable apparel company and outperformed all competitive cells, including other advanced silicon batteries tested by Polaris Battery Labs, an established testing lab based in Beaverton, Oregon.
By Enovix Corporation · Via GlobeNewswire · November 7, 2023
Enovix Completes Acquisition of Routejade
FREMONT, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced that it has completed the acquisition of privately-held Routejade, an established Korean battery manufacturer.
By Enovix Corporation · Via GlobeNewswire · November 1, 2023
Enovix to Release Third Quarter 2023 Financial Results on November 7, 2023
FREMONT, Calif., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced it will release financial results for the third quarter of 2023 on Tuesday, November 7, 2023, after the close of the market.
By Enovix Corporation · Via GlobeNewswire · October 12, 2023
Enovix Announces Strategic Realignment of Fab1 to Improve Operational Efficiency and Enhance Technology Development
FREMONT, Calif., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced that it has initiated a strategic realignment of Fab1 in Fremont designed to refocus the facility from a manufacturing hub to its “Center for Innovation,” focused on new product development. This move is supportive of the Company’s strategy to locate high-volume manufacturing in Asia near customers and suppliers while locating technology development in both Silicon Valley and Asia.
By Enovix Corporation · Via GlobeNewswire · October 3, 2023
Emmanuel T. Hernandez to Retire from Enovix Board of Directors
FREMONT, Calif., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced that Emmanuel T. Hernandez will retire from the company’s board of directors effective September 30, 2023. Hernandez joined the board in July 2021, when Enovix became a publicly traded company.
By Enovix Corporation · Via GlobeNewswire · September 28, 2023
Enovix Batteries Chosen for FDA-Approved Accurate Mini Blood Pressure Monitor
Enovix Increases Battery Run Time By 35%
By Enovix Corporation · Via GlobeNewswire · September 25, 2023
Enovix to Acquire Routejade
FREMONT, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced the acquisition of privately-held Routejade, an established Korean battery manufacturer for a total consideration of approximately 6.2 million shares of Enovix common stock and $16.5 million in cash assuming purchase of 100% of Routejade. The acquisition provides Enovix with vertical integration of electrode coating and battery pack manufacturing while adding an established lithium-ion battery business with factories in Korea, along with complementary products, customers, and suppliers. The transaction is expected to close in the fourth quarter of 2023 and be immediately accretive.
By Enovix Corporation · Via GlobeNewswire · September 20, 2023
Enovix Launches Podcast Detailing Its Journey to Scale After Commencing Factory Acceptance Testing of Gen2 Equipment in August
FREMONT, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced it is launching the company’s first podcast, “Journey to Scale,” to provide in-depth and frequent updates as it scales to high-volume manufacturing. The podcast is being launched following commencement of Factory Acceptance Testing of the company’s Gen2 production equipment, a key milestone outlined earlier this year.
By Enovix Corporation · Via GlobeNewswire · September 6, 2023
Enovix to Participate in Upcoming Investor Conferences
FREMONT, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced its participation in the following investor conferences in August and September:
By Enovix Corporation · Via GlobeNewswire · August 8, 2023
Enovix Announces Second Quarter 2023 Financial Results
FREMONT, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today financial results for the second quarter of 2023, which included the summary below from its President and CEO, Dr. Raj Talluri.
By Enovix Corporation · Via GlobeNewswire · July 26, 2023
Enovix Establishes Research and Design Center in India
Enovix India team will use advanced battery modeling and cutting-edge machine learning to accelerate the company’s product development roadmap
By Enovix Corporation · Via GlobeNewswire · July 26, 2023
Enovix Signs Manufacturing Agreement with YBS International Berhad for Fab2 in Malaysia
Agreement secures $70 million of non-dilutive funding
By Enovix Corporation · Via GlobeNewswire · July 26, 2023
Enovix Announces General Availability of Its Standard IoT and Wearable Cell
FREMONT, Calif., July 18, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced the general availability of its standard-sized IoT and Wearable cell.
By Enovix Corporation · Via GlobeNewswire · July 18, 2023
Enovix to Release Second Quarter 2023 Financial Results on July 26, 2023
FREMONT, Calif., July 12, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced it will release financial results for the second quarter of 2023 on Wednesday, July 26, 2023, after the close of the market.
By Enovix Corporation · Via GlobeNewswire · July 12, 2023
Enovix Announces Farhan Ahmad as Chief Financial Officer
FREMONT, Calif., June 29, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced the appointment of Farhan Ahmad as Chief Financial Officer, replacing Steffen Pietzke, who is stepping down effective July 9, 2023. Pietzke will stay on as a consultant for up to six months to ensure a smooth transition.
By Enovix Corporation · Via GlobeNewswire · June 29, 2023
Enovix Receives Purchase Order to Produce Battery Cells for U.S. Army
Batteries Include the Company’s Unparalleled Safety System—BrakeFlow™
By Enovix Corporation · Via GlobeNewswire · June 27, 2023
Enovix Announces Appointment of Joseph Malchow and Bernard Gutmann to Its Board of Directors
FREMONT, Calif., June 26, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced the appointment of Joseph Malchow, founding partner at HNVR Technology Investment Management and board member at Enphase Energy, Inc., and Bernard Gutmann, a 40-year semiconductor industry veteran and former CFO at On Semiconductor, to its Board of Directors (the “Board”) effective June 22, 2023. These appointments expand the Board to eight directors, six of whom are independent.
By Enovix Corporation · Via GlobeNewswire · June 26, 2023
Enovix Achieves Quarterly Milestone Early, Producing 18,000 Cells
FREMONT, Calif., June 15, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today it has already achieved its second quarter forecast of 18,000 units manufactured out of its Fab1 location in Fremont, and expects to exceed its quarterly guidance for the number of units produced, with more than two weeks remaining in the quarter.
By Enovix Corporation · Via GlobeNewswire · June 15, 2023
Enovix Expands Asia Presence with Additional Go-to-Market Partners in Japan and South Korea
FREMONT, Calif., June 06, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced agreements with Japanese distribution and manufacturing services company, Elematec Corporation (“Elematec”), and South Korean power management and IoT-focused distributor, Semicomtech, to support pan-Asian shipping, distribution and market expansion.
By Enovix Corporation · Via GlobeNewswire · June 6, 2023
Enovix Co-Founder to Speak at 13th International Advanced Automotive Battery Conference in Mainz, Germany
FREMONT, Calif., June 01, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced its Co-Founder and Technical Advisor, Ashok Lahiri, will speak at the 13th International Advanced Automotive Battery Conference (AABC) Europe in Mainz, Germany. The conference is in-person and online June 19-22, 2023.
By Enovix Corporation · Via GlobeNewswire · June 1, 2023
Enovix to Participate in Upcoming Investor Conferences
FREMONT, Calif., May 02, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced its participation in the following investor conferences in May:
By Enovix Corporation · Via GlobeNewswire · May 2, 2023
Enovix Announces First Quarter 2023 Financial Results
FREMONT, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today posted to its website at https://ir.enovix.com a quarterly shareholder letter containing the financial results for the first quarter 2023, ending April 2, 2023, and a new investor presentation.
By Enovix Corporation · Via GlobeNewswire · April 26, 2023
Enovix Announces Pricing of $150.0 Million Offering of 3.00% Convertible Senior Notes Due 2028
FREMONT, Calif., April 18, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (NASDAQ: ENVX), an advanced silicon battery company, today announced the pricing of $150.0 million aggregate principal amount of 3.00% Convertible Senior Notes due 2028 (the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) (the “Offering”) and in a concurrent private placement under Section 4(a)(2) of the Securities Act.
By Enovix Corporation · Via GlobeNewswire · April 18, 2023
Enovix Announces Proposed $150 Million Offering of Convertible Senior Notes Due 2028
FREMONT, Calif., April 17, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (NASDAQ: ENVX), an advanced silicon battery company, today announced its intent to offer $150 million aggregate principal amount of Convertible Senior Notes due 2028 (the “Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Enovix also intends to grant the initial purchasers of the Notes an option to purchase, within a 13-day period beginning on, and including, the date on which the Notes are first issued, up to an additional $22.5 million aggregate principal amount of Notes. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.
By Enovix Corporation · Via GlobeNewswire · April 17, 2023
Enovix to Release First Quarter 2023 Financial Results on April 26, 2023
FREMONT, Calif., April 11, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced it will release financial results for the first quarter of 2023 on Wednesday, April 26, 2023, after the close of the market.
By Enovix Corporation · Via GlobeNewswire · April 11, 2023
Enovix Issues Purchase Orders for Agility Line and Completes Gen2 Autoline Equipment Orders
Line Designed to Increase Speed of Custom-Sized Cell Development and Customer Qualification
By Enovix Corporation · Via GlobeNewswire · April 10, 2023
Enovix Receives UL1642, a Global Safety Certification for Its Wearable Cells
FREMONT, Calif., April 03, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced it received UL1642 certification for its first wearable lithium-ion battery cells. UL1642 is a voluntary certification from Underwriters Laboratories (UL), a global leader in applied safety science.
By Enovix Corporation · Via GlobeNewswire · April 3, 2023
Enovix Announces Manufacturing Partner and Location for Fab-2 in Malaysia
YBS International Berhad Working with Malaysian Financial Institutions and Local Authorities to Fund Equipment Buildout
By Enovix Corporation · Via GlobeNewswire · March 29, 2023
Enovix Announces Multiple Leadership Additions
FREMONT, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced multiple leadership additions in key functional roles to support the company’s scale-up.
By Enovix Corporation · Via GlobeNewswire · March 13, 2023
Enovix Announces Its First High-Volume Production Facility Will Be Located in Malaysia
FREMONT, Calif., March 09, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced its first high-volume manufacturing facility (“Fab-2”) will be located in Penang, Malaysia.
By Enovix Corporation · Via GlobeNewswire · March 9, 2023
Enovix Announces Design Approval of Its Next-Generation Autoline
FREMONT, Calif., March 09, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced that its Board of Directors approved the design of its next-generation manufacturing line (“Gen2 Autoline”), a key milestone in its journey to scale. The Gen2 Autoline is anticipated to increase battery manufacturing throughput by over 10x compared to the current throughput of the Gen1 line. The principal enhancements in the Gen2 Autoline involve increased levels of automation, parallelism, and in-line metrology.
By Enovix Corporation · Via GlobeNewswire · March 9, 2023
Enovix to Present at J.P. Morgan Industrials Conference
FREMONT, Calif., March 07, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced it will webcast a presentation by President and CEO Dr. Raj Talluri at 10:30 AM ET on Wednesday, March 15, 2023, from the J.P. Morgan Industrials Conference in New York City.
By Enovix Corporation · Via GlobeNewswire · March 7, 2023
Enovix Announces Fourth Quarter and Full Year 2022 Financial Results
FREMONT, Calif., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today posted to its website at https://ir.enovix.com a quarterly shareholder letter containing the financial results for the fourth quarter and full-year 2022, ending January 1, 2023, and a new investor presentation.
By Enovix Corporation · Via GlobeNewswire · February 22, 2023
Enovix Technologist to Speak on Battery Advances at Upcoming Industry Conferences
FREMONT, Calif., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced that Jerry Hallmark, senior director at Enovix, will be speaking at two upcoming conferences, NAATBatt in Phoenix, Arizona, and the International Battery Seminar (IBS) in Orlando, Florida.
By Enovix Corporation · Via GlobeNewswire · February 21, 2023
Enovix to Release Fourth Quarter and Full Year 2022 Financial Results on February 22, 2023
FREMONT, Calif., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced it will release financial results for the fourth quarter and full year 2022 on Wednesday, February 22, 2023, after the close of the market.
By Enovix Corporation · Via GlobeNewswire · February 2, 2023
Enovix Announces CTO and CCO Transitions
FREMONT, Calif., Jan. 23, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced that Ashok Lahiri will retire as Chief Technology Officer (CTO), effective February 1, 2023, but will continue to support the company by leading its technical advisory board, in addition to other advisory and support roles.
By Enovix Corporation · Via GlobeNewswire · January 23, 2023
Enovix Delivers Custom Cells to Inventus Power and U.S. Army
FREMONT, Calif., Jan. 05, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced it has designed, developed and delivered custom sample cells for use within U.S. Army soldiers’ central power source, called the Conformal Wearable Battery (CWB). Created by Inventus Power, the CWB integrates into a soldier’s vest and powers vital communications and navigation equipment.
By Enovix Corporation · Via GlobeNewswire · January 5, 2023
Join Live-Stream Special Presentation by Enovix Executive Chairman
FREMONT, Calif., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (Enovix) (Nasdaq: ENVX), the leader in the design and manufacture of next-generation 3D Silicon™ Lithium-ion batteries, today announced it will host a special presentation by Enovix Executive Chairman T.J. Rodgers, which will be livestreamed from the Enovix factory, followed by a Q&A session.
By Enovix Corporation · Via GlobeNewswire · January 3, 2023
Enovix Appoints Raj Talluri as CEO
FREMONT, Calif., Dec. 29, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced the appointment of Dr. Raj Talluri as President and Chief Executive Officer, effective January 18, 2023. Talluri is also expected to be appointed to the Enovix board of directors on a later date. Talluri replaces CEO and Co-Founder Harrold Rust, who is retiring from his position and the board but will serve in an advisory capacity to support the leadership transition.
By Enovix Corporation · Via GlobeNewswire · December 29, 2022
Enovix to Demonstrate Breakthrough Battery Technology at CES 2023
FREMONT, Calif., Dec. 22, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (Enovix) (Nasdaq: ENVX), the leader in the design and manufacture of next-generation 3D Silicon™ Lithium-ion batteries, today announced it will demonstrate its breakthrough battery technology at Pepcom’s Digital Experience! on Jan. 4, 2023 and the International Consumer Electronics Show (CES) Jan. 5-6, 2023 in Las Vegas.
By Enovix Corporation · Via GlobeNewswire · December 22, 2022
Enovix to Participate in Upcoming Investor Conferences
FREMONT, Calif., Dec. 19, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced its participation in the following upcoming investor conferences:
By Enovix Corporation · Via GlobeNewswire · December 19, 2022
Enovix Announces Date for Special Presentation by Executive Chairman T.J. Rodgers
FREMONT, Calif., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced that it will hold a special presentation on Tuesday, January 3, 2023, at 2:00 PM PT / 5:00 PM ET featuring Executive Chairman T.J. Rodgers.
By Enovix Corporation · Via GlobeNewswire · December 15, 2022