Enovix Receives 100,000-Unit Battery Order for Dual-Use Drones

05:31 PM EDT, 10/13/2026 (MT Newswires) -- Enovix (ENVX) said late Tuesday it received a purchase order from an unnamed multinational provider of dual-use drone systems for 100,000 battery units. Deliveries are scheduled for the H1 of 2027 as the customer expands use of Enovix cells produced at the company's TAA-compliant, military-qualified facility in South Korea. The customer is expected to place follow-on orders in H2 of 2027 and beyond, subject to successful initial deployment, Enovix said. Shares of Enovix were up more than 7% in after-hours activity.