Enovix Corp designs and manufactures advanced lithium-ion batteries and battery packs built around its silicon-anode architecture. The company is commercializing its AI-1 platform for smartphones, smart eyewear and other AI-enabled devices, while also serving defense and industrial customers through its South Korea operations and global manufacturing footprint.
−446,7 %
19,2 %
−492,6 %
+37,9 %
8.34
8.13
| % | |
|---|---|
| Battery cells and packs | 85% Lithium-ion battery cells and assembled battery pack products sold to commercial and defense customers. |
| AI-1 platform products | 10% High-energy-density batteries designed for smartphones, smart eyewear and AI-enabled devices. |
| Engineering services | 5% Customer-funded development work for lithium-ion battery technology and qualification support. |
Enovix sells to a small number of qualified customers, with demand concentrated in defense, smartphone, smart eyewear...
Buy battery cells and packs for defense applications where reliability, supply continuity and qualification are critical.
Evaluate and purchase AI-1 batteries for next-generation smartphones that need higher energy density.
Buy compact batteries that support local AI processing and constrained form factors.
Purchase lithium-ion batteries and packs for broader consumer and industrial electronics use cases.
Fund development contracts and sample testing to validate designs before production orders.
Enovix is headquartered in Fremont, California, and runs corporate, sales, engineering and R&D functions from the...
Enovix is focused on commercializing its silicon-anode battery platform and proving performance advantages in...
The company needs a differentiated product with higher energy density to win smartphone and AI-device designs.
Volume production is required to convert technical progress into repeatable revenue and better unit economics.
Revenue concentration makes the business highly sensitive to the loss or slowdown of a single customer.
Defense demand provides near-term revenue support while consumer platforms are still in qualification.
Enovix faces execution risk because its battery technology and manufacturing process are complex, and volume production...
A limited number of customers, especially in defense, drive most revenue and create outsized dependence on renewals and demand.
The company relies on a new and complex process, so yield, throughput and cost may not improve fast enough for commercial scale.
Defense products rely on a single supplier for certain components, creating operational fragility.
Incumbent battery makers and new entrants are investing in silicon-anode and solid-state alternatives.
Lithium, silicon, graphite, nickel, cobalt and copper prices can move sharply and affect margins.
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: 28/04/2026