Enovix Receives Purchase Order for 100,000 Drone Battery Units
Enovix said it received a purchase order for 100,000 drone battery units. Its shares rose 12% to $2.81 after Tuesday’s bell, after closing down 3.1% at $2.51.
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Enovix receives order for 100,000 drone batteries
Enovix received a purchase order for 100,000 battery units from a multinational dual-use drone systems provider. Deliveries are scheduled for the first half of 2027 from its TAA-compliant, military-qualified facility in South Korea. The order converts one opportunity from Enovix’s $216 million drone, defense, and indus