Enovix Corporation is engaged in designing, developing, and manufacturing silicon-anode lithium-ion battery. The Company has developed and delivered sample batteries to consumer electronics manufacturers. The Company is developing custom three-dimensional (3D) silicon lithium-ion batteries for wearable, mobile computing and communication device applications. The Company's product includes model EX01-351144 for eyeware cell, which consists of approximately 664 watt-hours per liter (Wh/l) of energy density; model EX01-351829 for wearable devices, which consists of 714 Wh/l of energy density; model EX01-543870 for handset cell, and model EX01-395578 for smartphone or laptop cell, which consists of approximately 900 Wh/l of energy density. The Company is also developing its 3D cell technology and production process with automobile manufacturers for the electric vehicle and energy storage markets.
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