Enovix Receives 100,000-Battery Drone Order
Key Highlights
- ➤100,000-battery drone order scheduled for delivery in first-half 2027
- ➤Enovix (ENVX) moves one opportunity into backlog from approximately $216 million pipeline
- ➤Follow-on drone-program orders expected in second-half 2027 and beyond
- ➤Cells manufactured at TAA-compliant, military-qualified South Korea facility
Expert Statements
Steve Bakos, Chief Revenue Officer and General Manager of Enovix
“Drone makers need high-performance batteries from a qualified, non-Chinese source now, and this order shows Enovix can deliver.”
Steve Bakos, Chief Revenue Officer and General Manager of Enovix
“It confirms that our technology performs in demanding applications and that our TAA-compliant, in-house manufacturing has real value to customers who need a secure source of supply.”
FREMONT, Calif., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix" or the "Company," Nasdaq: ENVX), a developer and manufacturer of advanced lithium-ion batteries, today announced a purchase order from a multinational provider of dual-use drone systems. The initial order is for 100,000 battery units, with deliveries scheduled in the first half of 2027 as the customer scales its use of Enovix cells manufactured at the Company’s TAA-compliant, military-qualified facility in South Korea. Following successful initial deployment, the customer is expected to place follow-on orders for the program in the second half of 2027 and beyond.
“Drone makers need high-performance batteries from a qualified, non-Chinese source now, and this order shows Enovix can deliver,” said Steve Bakos, Chief Revenue Officer and General Manager of Enovix. “It confirms that our technology performs in demanding applications and that our TAA-compliant, in-house manufacturing has real value to customers who need a secure source of supply.”
Get started
Create a free account to read the full story.