ENVX ENOVIX CORP

Enovix Named CES 2024 Innovation Awards Honoree

Enovix Named CES 2024 Innovation Awards Honoree

FREMONT, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced it has been named a for its pioneering BrakeFlow safety technology. The announcement of award winners was made ahead of in Las Vegas, NV, the world’s most powerful technology event.

The CES Innovation Awards program, owned and produced by the , is an annual competition honoring outstanding design and engineering in 29 consumer technology product categories. An , including members of the media, designers, engineers and more, reviewed submissions based on innovation, engineering and functionality, aesthetic and design. This year’s CES Innovation Awards program received a record number of over 3,000 submissions.

Enovix BrakeFlow technology was designed to usher in a new level of safety in next-generation, high energy density lithium-ion battery technology. BrakeFlow is a unique safety system located inside the battery cell, which acts as a safety resistor to reduce the risk of overheating.

“We are honored that the CTA recognized BrakeFlow as a standout among consumer electronics technology innovations,” said Dr. Raj Talluri, President and CEO of Enovix. “Instead of a sudden catastrophic release of energy if the cell is damaged, with BrakeFlow incorporated, the battery is designed to discharge slowly and safely. Our team continues to pioneer new innovations like BrakeFlow, enabling high energy density batteries that also have high cycle and calendar life and the ability to fast charge. We believe traditional graphite batteries have plateaued, and our silicon anode lithium-ion batteries will power the technologies of the future.”

Enovix battery cells incorporate many intra-cell features to improve electrical, physical and environmental abuse tolerance over conventional lithium-ion cells. For more information on Enovix BrakeFlow technology, visit:

About Enovix

Enovix is on a mission to power the technologies of the future. Everything from IoT, mobile and computing devices, to the vehicle you drive, needs a better battery. The company’s disruptive architecture enables a battery with high energy density and capacity without compromising safety. Enovix is scaling its silicon-anode, lithium-ion battery manufacturing capabilities to meet customer demand. For more information visit and follow us on

About Consumer Technology Association

As North America’s largest technology trade association, CTA® is the tech sector. Our members are the world’s leading innovators – from startups to global brands – helping support more than 18 million American jobs. CTA owns and produces CES® – the most powerful tech event in the world. Find us at CTA.tech. Follow us @CTAtech.

About CES

CES® is the most powerful tech event in the world – the proving ground for breakthrough technologies and global innovators. This is where the world's biggest brands do business and meet new partners, and the sharpest innovators hit the stage. Owned and produced by the Consumer Technology Association (CTA)®, CES features every aspect of the tech sector. CES 2024 will take place Jan. 9-12, 2024, in Las Vegas. Learn more at  and follow CES on .   

For media inquiries, please contact:

Enovix Corporation

Kristin Atkins

Phone: +1 (650) 815-6934

Email:

For investor inquiries, please contact:

Enovix Corporation

Charles Anderson

Phone: +1 (612) 229-9729

Email:



EN
16/11/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on ENOVIX CORP

 PRESS RELEASE

Enovix Announces First Quarter 2025 Financial Results

Enovix Announces First Quarter 2025 Financial Results FREMONT, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today financial results for the first quarter 2025, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the first quarter of 2025, Enovix advanced across critical milestones with our lead smartphone customer, keeping us on track for a customer product launch later this year. We also strengthened our leadership team, expanded our manufacturing footprint t...

 PRESS RELEASE

Enovix Appoints Ryan Benton as Chief Financial Officer

Enovix Appoints Ryan Benton as Chief Financial Officer FREMONT, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX), a global high-performance battery company, announced the appointment of Ryan Benton as Chief Financial Officer (CFO). Mr. Benton brings over three decades of financial leadership experience. He previously held key roles at ASM International and served as CFO for multiple public companies including Silvaco and Exar Corporation. Enovix CEO Dr. Raj Talluri added, “Ryan’s experience and transparent communication style make him an ideal leader for o...

 PRESS RELEASE

Enovix To Acquire Korean Battery Cell Facility to Bolster Manufacturin...

Enovix To Acquire Korean Battery Cell Facility to Bolster Manufacturing Acquisition will support company’s efforts to meet growing demand in the defense industry FREMONT, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX), a global high-performance battery company, today announced the acquisition of battery cell manufacturing assets from , located in South Korea. The acquisition will expand the company’s manufacturing footprint and help position Enovix to meet growing demand in the defense industry. The transaction is expected to close in April 2025, subject to...

 PRESS RELEASE

Enovix Reports Progress on 2025 Smartphone Launch

Enovix Reports Progress on 2025 Smartphone Launch FREMONT, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced the completion of its second milestone, triggering a payment for sample battery cells shipped under a development agreement executed in October 2024 with a leading smartphone OEM. The samples were customized to specific requirements of the OEM, including cycle life, fast charge and energy density levels which Enovix believes are superior to any product available on the market today. ...

 PRESS RELEASE

Enovix Announces Fourth Quarter and Full Year 2024 Financial Results

Enovix Announces Fourth Quarter and Full Year 2024 Financial Results FREMONT, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) -- (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today financial results for the fourth quarter and full year 2024, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the fourth quarter of 2024, we achieved key milestones in manufacturing, technology, and sales, setting the stage for a breakout year in 2025. We are focused on launching our first smartphone battery and converting our ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch