Enovix Corporation announced that it has cleared a key technology validation milestone and has subsequently received an initial order for its high energy density smartwatch battery from one of the top consumer electronics companies in the world. This order marks the start of the next stage of the customer's product development process. Enovix battery performance was validated at the customer's test labs across a range of commercial requirements, including energy density, cycle life, charge/discharge rate and temperature performance.

This initial order marks the start of the next stage of the customer's formal product development cycle, which is expected to result in the integration of Enovix' batteries into several of the customer's next generation smartwatch prototype platforms, field trials in pre-production watches and ultimately high-volume production for worldwide consumer markets. The batteries will be produced by Enovix' automated production lines at its factory, Fab-1, in Fremont, Calif.