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 Company’s TAA-compliant, military-qualified facility in South Kore

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 Company’s TAA-compliant, military-qualified facility in South Kore

Enovix Corporation (NASDAQ:ENVX - Get Free Report) has been given a consensus rating of "Moderate Buy" by the twelve ratings firms that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold rec

The order moves one opportunity from Enovix’s ~$216M drone, defense and industrial pipeline into backlog; deliveries are scheduled for the first half of 2027.