Enovix Reports Strong Early Q4 Orders and Capacity Expansion Plans

Enovix said early fourth-quarter 2026 orders have exceeded its total third-quarter revenue, including an agreement to supply 100,000 batteries to a global drone manufacturer, with deliveries planned for the first half of 2027. The company plans to invest $19 million to double production capacity at its South Korean facilities as it scales silicon-anode battery manufacturing.