Enovix Completes Ordering of Laser Patterning and Assembly Line Equipment for Gen2 Autoline
FREMONT, Calif., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (Enovix) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon Lithium-ion batteries, today announced that it has placed the remaining purchase orders for the laser patterning and assembly line equipment of its Gen2 Autoline.
- FREMONT, Calif., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (Enovix) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon Lithium-ion batteries, today announced that it has placed the remaining purchase orders for the laser patterning and assembly line equipment of its Gen2 Autoline.
- The Gen2 Autoline will be the copy exact platform from which the company plans to scale up production to meet the strong demand for its advanced batteries.
- Ordering the laser patterning and assembly line equipment follows earlier purchase orders for long-lead materials, system design, and proof-of-concept hardware fabrication to demonstrate the design improvements built into Gen2.
- The full Gen2 packaging line was previously ordered in September 2022.