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Live News EQUITY FLASH M impact

Enovix secures 100,000-battery drone systems order

Deliveries are scheduled for H1 2027 using military-qualified, TAA-compliant cells manufactured in South Korea. The order converts part of Enovix's approximately $216 million drone, defense and industrial pipeline into firm backlog. Follow-on orders are expected in H2 2027 and beyond, subject to successful initial deployment.