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Enovix Corporation is an advanced silicon battery company. The Company designs, develops, and commercially manufactures an advanced silicon-anode lithium-ion (Li-ion) battery using its three-dimensional (3D) cell architecture. Its standard Li-ion battery production involves electrode fabrication, cell assembly and battery packaging and formation. Its product is focused on developing battery nodes that share the same set of materials and mechanical design and then builds batteries at different sizes to accommodate customer requirements based on these nodes. Its product roadmap consists of future nodes of energy density based on both materials and design. The Company has built and sampled standard-size batteries that have a range of applications within specific end markets, such as wearables, mobile devices, laptops and augmented reality (AR) eyewear. The Company’s subsidiaries include Enovix Operations Inc., Enovix HoldCo Limited, Enovix OpCo Limited and Enovix India Holdco LLC.
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