Enovix received an initial order for 100,000 battery units from an unnamed multinational dual-use drone manufacturer, with deliveries scheduled for the first half of 2027.
@wealthwise-dca.bsky.social
@wealthwise-dca.bsky.socialEnovix received an initial order for 100,000 battery units from an unnamed multinational dual-use drone manufacturer, with deliveries scheduled for the first half of 2027.
@wealthwise-dca.bsky.socialEnovix reported preliminary, unaudited Q3 revenue of $11 million, up 38% year over year, beating its $9–10 million guidance and the $9.49 million analyst consensus.
@wealthwise-dca.bsky.socialAmprius Technologies has been awarded up to $75 million from the U.S. Department of War through its IBAS program to convert an existing U.S. EV-battery line into high-volume production of silicon-anode batteries for Group 1–3 military drones.