Enovix Corporation

Enovix Corporation is a global high-performance battery company that designs, develops, manufactures, and sells advanced Lithium-ion (Li-ion) batteries. These batteries include proprietary silicon-anode architectures and are used in smartphones, smart eyewear, defense, industrial, and emerging edge-AI applications. The company's unique silicon-anode battery architecture provides higher energy density and performance compared to traditional battery cells, especially in devices with limited space. This mechanical design allows Enovix to use high-performance chemistries while maintaining safety and reliability, opening up commercial opportunities in various consumer and industrial markets. Enovix has focused on developing a battery architecture that uses 100% active silicon and no graphite in the battery's anode. Silicon has the potential to significantly increase energy density compared to graphite, which is commonly used in most Li-ion batteries today. While silicon can theoretically store over twice as much lithium as graphite, its tendency to swell and crack in conventional battery designs has historically limited its use. Enovix's architecture is specifically designed to manage silicon's swelling and apply pressure to prevent cracking. The company's current AI-1™ battery platform is a unified silicon-anode platform built to meet the demanding requirements of high-performance consumer electronics and defense applications.