Enovix Reports Progress on 2025 Smartphone Launch
Enovix (ENVX) has achieved its second milestone in a smartphone battery development agreement from October 2024, resulting in a payment for delivered sample battery cells to a leading smartphone OEM. The customized samples meet specific requirements including superior cycle life, fast charge, and energy density compared to current market offerings.
The company also announced the successful completion of an ISO 9001:2015 audit at their Fab2 facility in Malaysia with no findings, receiving formal certification last week. CEO Raj Talluri confirmed the project remains on track for mass production in late 2025.
Enovix (ENVX) ha raggiunto il suo secondo traguardo in un accordo per lo sviluppo di batterie per smartphone a partire da ottobre 2024, con un pagamento per le celle di batteria campione consegnate a un importante produttore di smartphone. I campioni personalizzati soddisfano requisiti specifici, tra cui una durata del ciclo superiore, una carica rapida e una densit脿 energetica rispetto alle attuali offerte di mercato.
L'azienda ha anche annunciato il completamento con successo di un audit ISO 9001:2015 presso il loro stabilimento Fab2 in Malesia, senza rilievi, ricevendo la certificazione formale la scorsa settimana. Il CEO Raj Talluri ha confermato che il progetto 猫 in linea con i tempi per la produzione di massa entro la fine del 2025.
Enovix (ENVX) ha alcanzado su segundo hito en un acuerdo de desarrollo de bater铆as para smartphones a partir de octubre de 2024, resultando en un pago por las celdas de bater铆a de muestra entregadas a un importante fabricante de smartphones. Las muestras personalizadas cumplen con requisitos espec铆ficos, incluyendo una vida 煤til del ciclo superior, carga r谩pida y densidad de energ铆a en comparaci贸n con las ofertas actuales del mercado.
La compa帽铆a tambi茅n anunci贸 la finalizaci贸n exitosa de una auditor铆a ISO 9001:2015 en su instalaci贸n Fab2 en Malasia, sin hallazgos, recibiendo la certificaci贸n formal la semana pasada. El CEO Raj Talluri confirm贸 que el proyecto sigue en camino para la producci贸n en masa a finales de 2025.
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Enovix (ENVX) a atteint son deuxi猫me jalon dans un accord de d茅veloppement de batteries pour smartphones 脿 partir d'octobre 2024, ce qui a entra卯n茅 un paiement pour les cellules de batterie 茅chantillons livr茅es 脿 un important OEM de smartphones. Les 茅chantillons personnalis茅s r茅pondent 脿 des exigences sp茅cifiques, y compris une dur茅e de cycle sup茅rieure, une charge rapide et une densit茅 茅nerg茅tique par rapport aux offres actuelles du march茅.
L'entreprise a 茅galement annonc茅 l'ach猫vement r茅ussi d'un audit ISO 9001:2015 dans son usine Fab2 en Malaisie, sans constatations, recevant la certification formelle la semaine derni猫re. Le PDG Raj Talluri a confirm茅 que le projet est en bonne voie pour une production de masse fin 2025.
Enovix (ENVX) hat seinen zweiten Meilenstein in einer Vereinbarung zur Entwicklung von Smartphone-Batterien ab Oktober 2024 erreicht, was zu einer Zahlung f眉r die gelieferten Musterbatteriezellen an einen f眉hrenden Smartphone-OEM f眉hrte. Die ma脽geschneiderten Muster erf眉llen spezifische Anforderungen, einschlie脽lich einer 眉berlegenen Zyklenlebensdauer, schneller Ladezeiten und Energiedichte im Vergleich zu den aktuellen Marktangeboten.
Das Unternehmen gab auch den erfolgreichen Abschluss eines ISO 9001:2015 Audits in seiner Fab2-Anlage in Malaysia bekannt, ohne Beanstandungen, und erhielt letzte Woche die offizielle Zertifizierung. CEO Raj Talluri best盲tigte, dass das Projekt auf Kurs f眉r die Serienproduktion Ende 2025 bleibt.
- Achieved second milestone payment from smartphone OEM agreement
- Successfully delivered customized battery samples meeting superior specifications
- Obtained ISO 9001:2015 certification with no major or minor findings
- On track for mass production timeline in late 2025
- None.
FREMONT, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (鈥淓novix鈥�) (Nasdaq: ENVX), a global high-performance battery company, today announced the completion of its second milestone, triggering a payment for sample battery cells shipped under a development agreement executed in October 2024 with a leading smartphone OEM. The samples were customized to specific requirements of the OEM, including cycle life, fast charge and energy density levels which Enovix believes are superior to any product available on the market today.
This development builds on recent achievements, including the completion of an ISO 9001:2015 audit of Fab2 in Malaysia with no major or minor findings. Enovix received formal ISO certification last week.
鈥淚 am pleased that our team continues to progress our most advanced smartphone agreement in-line with our aim for mass production late 2025,鈥� said Enovix CEO Raj Talluri. 鈥淧assing the ISO audit and receiving the certification was also a significant milestone, reflecting our deep commitment to quality in manufacturing operations.鈥�
About Enovix
Enovix is on a mission to deliver high-performance batteries that unlock the full potential of technology products. Everything from IoT, mobile, and computing devices, to vehicles and headsets, needs a better battery. The company has developed an innovative, materials-agnostic approach to building a higher performing battery without compromising safety, and it partners with OEMs worldwide to usher in a new era of user experiences.
Enovix is headquartered in Silicon Valley with facilities in India, Korea and Malaysia. For more information visit and follow the company on LinkedIn.
Investor Contact:
Enovix Corporation
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