Enovix Signs MOU with Leading Consumer Electronics Battery Pack Manufacturer [Yahoo! Finance]
Enovix Corporation (ENVX)
Company Research
Source: Yahoo! Finance
announced it has signed a Memorandum of Understanding (“MOU”) with Elentec Co., Ltd (“Elentec”) (Kosdaq: 054210: KQ), a leading consumer electronic battery pack manufacturing company in Asia serving customers such as Samsung. The agreement provides a framework for a long-term business relationship between the two companies and enables Enovix to lock in a globally trusted battery pack manufacturing partner to support its growth with target customers worldwide. The MOU allows Enovix to fast track and utilize Elentec's battery pack design and high-volume manufacturing capability, while setting up the framework for definitive long-term supply and/or joint manufacturing agreements leveraging Elentec's footprint. Contingent on continued success in both technical and business negotiations, the companies intend to enter a strategic partnership, and collaborate in the incorporation and custom development of Enovix battery cells into multiple battery packs for consumer, industrial, and milita
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ENVX
News
- Enovix to Participate in Upcoming Investor EventGlobeNewswire
- Enovix: Scaling Back My Optimism [Seeking Alpha]Seeking Alpha
- Enovix: Executing On Commercialization And Manufacturing Milestones [Seeking Alpha]Seeking Alpha
- Enovix Corporation (ENVX): High Operating Expenses and Unproven Tech Make It a Risky AR Stock [Yahoo! Finance]Yahoo! Finance
- Enovix Corporation (ENVX): One of Oppenheimer's Top Stock Picks For the Next 12 Months [Yahoo! Finance]Yahoo! Finance
ENVX
Earnings
- 7/31/24 - Beat
ENVX
Sec Filings
- 9/25/24 - Form 4
- 9/19/24 - Form 4
- 9/16/24 - Form 4
- ENVX's page on the SEC website