Enovix Corporation announced its IoT & Wearable cell exceeded the requirements of a global wearable apparel company and outperformed all competitive cells, including other advanced silicon batteries tested by Polaris Battery Labs, an established testing lab based in Beaverton, Oregon. “Polaris Labs was engaged recently by a Tier-1 wearable company to assess advanced performing cell options for their next generation product,” said Doug Morris, President of Polaris Battery Labs. “The Enovix cells met the customer’s performance specifications, including cycle life and storage testing, and have shown the highest energy density among the cells evaluated.” “Separate from this project, Morris continued, “Polaris states that the Enovix cells perform better than the other silicon products we’ve assessed in our lab. We are impressed by the performance of the cell and the commercial availability of their products for a variety of OEM applications.” “Receiving successful third-party validation of our battery performance from both Polaris Labs and their customer is further evidence of our superior technology advantage,” said Dr. Raj Talluri, President and CEO of Enovix. “We’re pleased to share these results, which underscore the market demand for our next-generation battery.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ENVX:
- Enovix Batteries Demonstrate Highest Energy Density Among Cells Evaluated According to Polaris Battery Labs
- Enovix Announces Third Quarter 2023 Financial Results
- Enovix call volume above normal and directionally bullish
- Enovix price target lowered to $18 from $25 at B. Riley
- Enovix Completes Acquisition of Routejade