seantoh

@spenbaker most of top management including the CEO was also reported to have been granted shares. They must have achieved a milestone (big milestone) to be granted that much shares, almost 1.2 million shares outs amounting to 60million (at today's NAV)

$envx shares surged with call options volume doubling. Currently up nearly 5% AH ad-hoc-news.de/boerse/ueberbl…

Advisor in the Material Qualification and Adoption Committee. Another strategic move. #execution

$envx Sure hope @EnovixBatteries is already listed as a battery supplier or potential supplier for this tech. Perhaps working within the military supply chain ecosystem. Dr. TJ Rodgers was sharing about how Enovix AI-1 batteries can lift up cars. so why not power this #militarytech

Great conversations last week around the future of advanced technology at the 2026 Cantor Global Tech & Industrial Growth Conference in NYC. Proud of our CFO Ryan Benton for representing the team and sharing how our 100% active silicon batteries will power next-gen devices.

soon enough...end the year with a bang and start 2027 with power...

$ENVX 🇮🇳 Enovix India expands its presence at Kapil Kavuri Hub, Financial District, Hyderabad

@spenbaker Omg, how is this not super good news? "Purchase Order & We are shipping them".

$envx /1 RT’s notable, condensed comments in Q&A session: [William Blair: in your engagements with Honor, how receptive were they when you suggested the change? Given that cycle life and energy density are always paired trade-offs, would Honor take a formulation that hits that 0.7 rate cycle life spec with a slightly lower energy density?] ..most of the use cases in smartphones are under 0.2 C discharge, which basically means we have a battery that we believe under 0.2 C goes over 1,000 cycles. We essentially feel we have a battery that meets the requirements of the smartphone market if you run at 0.2 C it takes a long time. So customers typically use higher rate of discharge, like 0.7 C, to cut the amount of time it takes to test. When you change technology from graphite to silicon, silicon anode batteries behave differently when you discharge them very fast in this 0.7 C Honor and our other smartphone customers, we’ve talked to them, they understand that. They realize that this test is a proxy and an accelerated test and not a true test. We are in discussions with them 3 pathways forward: 1 is we are able to convince them that this is not a real-life test, and the real-life test is really 0.2 C and we can get away with a less cycle life for 0.7 C, for example 2 is we have to find, together with them, another accelerated test that is more representative for silicon anodes. We have some ideas on what that is and we are discussing with them on that 3 is we’ll have to modify our electrochemistry just to pass this test at 0.7 C we are working on all 3 of those. Ultimately, there is a lot of interest from our customers in wanting to use our batteries because of the higher energy density we provide, and the roadmap to even higher energy densities because of 100% silicon anode, and those conversations are going well Ultimately we need to solve this passing of this test to where they and us both are comfortable that in the real-life use case, when the battery is put in the phone, it’s gonna do really well and everyone’s happy with the performance [William Blair: You did mention an initial production demand in your, in the release statement, should we think about that as a purchase order or is that a next step? Can you frame what the revenue opportunity might be for 2026, or is this a 2027 story?] Yes, you absolutely should think of the question you asked as a purchase order, and we are manufacturing them now to our lead customer. We are very excited by that. The whole team, I was in Penang last week, is focused on executing that and building those products and sending it out. Initial volumes will be lower just because they’re just starting. But 2027, 2028, we expect the market to really grow and be meaningful for us [Canaccord: you pointed to a little bit of an issue with the electrode dicing in the manufacturing process, getting yields up there. How much have you been talking with your customers around fixing that issue maybe together, in anticipation of ramping production towards the end of this year?] ..yields on almost all steps are above 80%. On the dicing side they’re close to 80% but not quite there in 4Q. This quarter to date we’re at 80%. We feel confident that, as we make progress, it’ll sort itself out We’re now focused on 2 batteries, one on Agility, one on HV line. We’ll continue to work to get it better our customers have visited our factories. They have seen it, we’ve got through multiple customer audits. we have enough supply to meet all the requirements for 2026. We’re looking at various options to increase the throughput and get even more cost-effective than laser dicing methods to actually get the volumes up. A lot of focus on that. We are working with our customers on that

@spenbaker and every quarter since taking helm as CEO, top line has just been increasing.

$envx Institutional ownership of Enovix has shown a steady upward trend, currently sitting at 56.81%. This represents a significant increase from 2022, when major holders like Vanguard held 6.77M shares compared to their latest position of over 17.76M shares.

@Bullstkpicks Great buddy, appreciate your perspective. Only time will tell if this is a positive or a negative. All investment carries risk. Thank you.

@seantoh I have no idea how you can see this as a positive. Extremely unlike Ajay is retiring. He probably agreed to that language as he wanted out due to the struggles

This is super good news. 1. 2026 is our Pivotal Year 2. 3 super experience individuals with track record of manufacturing batteries at scale. (You realize that for a phone company to issue a PO, they must already be asking if you guys are ready for mass production?), now we have 3 experience guys that have done this for decades. 3. Am I the only one hearing this, manufacturing at scale guys, PO is around the corner no doubt. 4. Buying opportunity again ❤️ $envx

$envx New posts on ST:

Another partner in Smartglasses at CES. "Besides CEO, I can also double as the poster boy/ model for Enovix" Award winning eyewear $jorjin $enovix $envx facebook.com/share/p/1bbsGE…

Awesome update, Let's go @EnovixBatteries $ENVX $enovix

$envx Raj in India

$envx expects to showcase the first end product with an OEM publicly in CES 2026, which takes place early next month.

Honor Malaysia marketing activities. Well done. Let's go @EnovixBatteries , take us to the promise land. $enovix $envx

$ENVX $EOSE $AMPX The secrecy surrounding battery suppliers in consumer electronics is not an oversight—it's a deliberate and strategic business practice driven by several powerful factors. Here is why battery suppliers are often a closely guarded secret: 1. Competitive Advantage & Differentiation Batteries are arguably the most critical component for a mobile or wearable device's success. Companies rely on them for their main selling points: Performance Metrics: The battery is directly responsible for a device's runtime, charging speed, and longevity. A superior, custom-engineered battery gives a brand a massive competitive edge (e.g., "all-day battery life"). Trade Secrets: The specific chemistry, packaging, and control software used in a custom battery are valuable intellectual property (IP). Revealing the supplier makes it easier for competitors to identify and try to replicate that specific performance advantage. 2. Supply Chain Leverage and Flexibility A major brand like Google or Apple will often use multiple suppliers for the same component. This protects them and gives them negotiating power: Price Negotiation: By keeping suppliers secret, a company can play them against each other, securing the lowest possible price. If one supplier knew they were the only one, their leverage would be too high. Risk Mitigation: The global battery supply chain is complex, prone to shortages, and heavily reliant on specific raw materials (like lithium and cobalt). Using multiple, undisclosed suppliers ensures that if one factory goes down or a political crisis interrupts a supply line, the company can quickly shift production to another without a major public announcement. 3. Safety, Quality, and Image Control The battery is the component most likely to fail dangerously (overheat, swell, or catch fire). Disclosing the supplier opens up two main risks: Quality Scrutiny: If a component is publicly tied to a particular supplier, any failure (even one caused by the device manufacturer's design or charging software) can damage the supplier's reputation and create a negative feedback loop for future devices. Compliance and Ethical Sourcing: Lithium-ion battery components often rely on raw materials like cobalt, which have been linked to ethical sourcing issues (e.g., child labor).1 While companies are working on better due diligence, keeping suppliers anonymous helps reduce public scrutiny on every single tier-one supplier's practices. 4. Protecting the Supplier Ecosystem Sometimes, the secrecy is a courtesy to the supplier itself: Preventing Poaching: If a battery supplier is publicly known to produce a high-performance battery for a top-tier customer, all the other large tech brands will immediately try to poach that supplier's capacity, engineers, and IP. Maintaining Focus: Allowing the supplier to operate discreetly lets them focus on fulfilling the current contract without the distraction and pressure of being chased by every other major company. In essence, batteries are treated as part of the core product IP and revealing the supplier would essentially hand the blueprint for a competitive edge to rivals. $enovix

$envx $enovix With all the cash in hand, scaling production remains top priority. If acquisition is in consideration,I think scaling FAB1 and retrofitting it to do some production can also be viable. Taking advantage of IRA (Inflation Reduction Act) Just a conjecture... Let's go @EnovixBatteries