Enovix Corp (ENVX) Sector
Energy

(Current) $10.84
1.10 (11.29%) Open Price: 9.61

 

Enovix Corp is a battery technology company that was founded in 2007 and is headquartered in Fremont, California. The company has developed a new type of lithium-ion battery that it claims offers significantly higher energy density, longer cycle life, and faster charging times than existing battery technologies.

 

Enovix's batteries use a unique 3D architecture that allows for more efficient use of the battery's active materials. This, in turn, leads to higher energy density, longer cycle life, and faster charging times. Enovix's batteries are also designed to be more stable and safer than existing battery technologies.

 

Enovix is targeting a range of markets with its battery technology, including mobile devices, wearables, and electric vehicles. The company has partnerships with several leading semiconductor and battery companies, including Qualcomm and Cypress Semiconductor.

 

Enovix has received significant funding from a range of sources, including venture capital firms and strategic partners. The company has also received funding from the U.S. Department of Energy to support the development of its battery technology.

 

Enovix's battery technology has the potential to significantly improve the performance and capabilities of a range of devices, from smartphones and laptops to electric vehicles. The company's unique 3D architecture and focus on efficiency and safety set it apart from existing battery technologies. As demand for longer-lasting, faster-charging batteries continues to grow, Enovix is well-positioned to become a leading player in the battery market.

 



 

(05/23/24) $9.61
(05/25/24) $9.74
(05/25/24) (Qty.)5,887,722
(05/23/24) $9.24
(05/23/24) $10.66
(05/05/24) $8.48
(05/19/24) $11.39
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