Enovix Announces Fab2 Manufacturing Milestones [Yahoo! Finance]
Enovix Corporation (ENVX)
Company Research
Source: Yahoo! Finance
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. “I'm proud to announce the team has completed our rigorous FAT process for all machines that make up our Agility Line,” said Ajay Marathe, Chief Operating Officer at Enovix. “SAT is also well underway. Both FAT and SAT processes ensure that we only place machines into service that meet our specifications for throughput, yield and machine uptime. I'm extremely pleased with the results so far. We're on track to produce our first EX-1M samples for mobile and IoT customers in Q2.” Enovix patented manufacturing process uses dozens of machines to produce battery cells with a unique architecture that enables the use of a 100% active silicon anode for higher energy density. “I'm incredibly proud of the hard work from the entire operations team to get us to t
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ENVX
News
- Enovix Co. (NASDAQ: ENVX) had its price target lowered by analysts at B. Riley from $18.00 to $16.00. They now have a "buy" rating on the stock.MarketBeat
- Enovix Co. (NASDAQ: ENVX) had its price target lowered by analysts at JPMorgan Chase & Co. from $18.00 to $12.00. They now have an "overweight" rating on the stock.MarketBeat
- Enovix Co. (NASDAQ: ENVX) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $30.00 price target on the stock.MarketBeat
- 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 [Yahoo! Finance]Yahoo! Finance
- 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, 2024GlobeNewswire
ENVX
Earnings
- 2/20/24 - Beat
ENVX
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- ENVX's page on the SEC website