Enovix secures purchase order for silicon batteries

Enovix (ENVX) Corporation announced it received a sizable pre-paid purchase order from a Silicon Valley-based global technology leader in Artificial Intelligence and immersive technologies. The order is for a cutting-edge battery solution tailored for next-generation head-worn Mixed Reality wearables. These batteries will support the revolution of smart glasses, augmented reality devices, and other pioneering products in the MR space. Under the terms of the agreement, Enovix is scheduled to deliver initial shipments by mid-2025.