Enovix Recognized on Fast Company’s Next Big Things in Tech List

Rhea-AI Summary

Enovix (Nasdaq: ENVX) was named to Fast Company’s Next Big Things in Tech list on October 15, 2025, recognizing its advanced silicon-anode battery work.

The company says independent testing and a leading smartphone OEM validated its AI-1 batteries as having the highest energy density of any commercially available smartphone battery. Enovix is engaging partners across smart eyewear, IoT, and defense while preparing to scale production in 2026 via manufacturing facilities in Malaysia and South Korea.

Positive

• Independent test and OEM validation of AI-1 energy density
• Planned production scale-up in 2026 in Malaysia and South Korea
• Commercial focus across smartphones, smart eyewear, IoT, defense

Negative

• Some listed technologies are not yet market available

Insights

Technology Commercialization Analyst

Inclusion on Fast Company’s list signals positive external validation of Enovix’s silicon‑anode battery tech and highlights near‑term commercialization milestones.

Enovix earns third‑party recognition for its AI‑1™ batteries and cites an independent test and a leading smartphone OEM validating the product’s claimed energy density. The announcement states the company is engaged with smart eyewear, IoT, and defense partners and plans to scale production in 2026 via facilities in Malaysia and South Korea.

The core business mechanism is straightforward: external validation plus demonstrated OEM interest lowers technical adoption barriers for a new battery architecture. Key dependencies include successful scale‑up at the named manufacturing sites and broader OEM qualification steps. Watch closely for concrete production milestones in 2026, public OEM qualification agreements, and replication of the independent test results across additional reviewers within the next five years.

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FREMONT, Calif., Oct. 15, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Company” or “Enovix”), a leader in advanced silicon battery technology, is proud to announce its inclusion in Fast Company’s Next Big Things in Tech list. This prestigious recognition highlights emerging technologies that have the potential to profoundly impact industries—from education and sustainability to robotics and artificial intelligence.

This year’s honorees represent a diverse array of technologies developed by established companies, startups, or research teams. These innovations are featured for their potential to revolutionize the lives of consumers, businesses, and society overall. While not all the technologies are available in the market yet, each is reaching key milestones to have a proven impact in the next five years.

“AI is transforming how we use our devices, but it also puts unprecedented strain on battery performance,” said Raj Talluri, CEO of Enovix. “Our product architecture enables 100% active silicon-anode solutions that deliver the energy density, safety and speed needed for next-generation smartphones and AI devices. Fast Company’s recognition underscores the industry’s need for a step-change in battery performance — and Enovix is delivering it.”

An independent testing firm and a leading smartphone OEM have validated that Enovix’s AI-1™ batteries deliver the highest energy density of any smartphone battery commercially available. The company is also engaged with leaders in smart eyewear, IoT, and defense applications while preparing to scale production in 2026 through manufacturing facilities in Malaysia and South Korea.

“Next Big Things in Tech is both a snapshot of the most interesting tech of the moment and a crystal ball that predicts the next several years,” says Brendan Vaughan, editor-in-chief of Fast Company. “We’re excited to share this list with our readers, and we congratulate the winners for their vision and innovation.”

For more information or to view the complete list of honorees, visit here.

About Enovix Corporation

Enovix is a leader in advancing lithium-ion battery technology with its proprietary cell architecture designed to deliver higher energy density and improved safety. The Company’s breakthrough silicon-anode batteries are engineered to power a wide range of devices from wearable electronics and mobile communications to industrial and electric vehicle applications. Enovix’s technology enables longer battery life and faster charging, supporting the growing global demand for high-performance energy storage. Enovix holds a robust portfolio of issued and pending patents covering its core battery design and manufacturing process.

Enovix is headquartered in Silicon Valley with facilities in India, South Korea and Malaysia. For more information visit https://enovix.com and follow us on LinkedIn.

Forward‐Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements generally relate to future events or our future financial or operating performance and can be identified by words such as anticipate, believe, continue, could, estimate, expect, intend, may, might, plan, possible, potential, predict, should, would and similar expressions that convey uncertainty about future events or outcomes. Forward-looking statements in this press release include, without limitation, our expectations regarding the Enovix batteries and our ability to scale production. Actual results and outcomes could differ materially from these forward-looking statements as a result of certain risks and uncertainties, including, without limitation, those risks and uncertainties and other potential factors set forth in our filings with the SEC, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our most recently filed annual report on Form 10-K and quarterly reports on Form 10-Q and other documents that we have filed, or that we will file, with the SEC. For a full discussion of these risks, please refer to Enovix’s filings with the SEC, including its most recent Form 10-K and Form 10-Q, available at https://ir.enovix.com and www.sec.gov. Any forward-looking statements made by us in this press release speak only as of the date on which they are made, and subsequent events may cause these expectations to change. We disclaim any obligation to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law.

Investor Contact:
Robert Lahey
ir@enovix.com 

Chief Financial Officer:
Ryan Benton
ryan.benton@enovix.com 

FAQ

What recognition did Enovix (ENVX) receive on October 15, 2025?

Enovix was named to Fast Company’s Next Big Things in Tech list on October 15, 2025.

What claim did Enovix make about its AI-1 batteries in the October 2025 announcement?

Enovix said an independent test and a leading smartphone OEM validated AI-1 as the highest energy density smartphone battery commercially available.

When does Enovix plan to scale production and where for ENVX?

Enovix is preparing to scale production in 2026 with manufacturing in Malaysia and South Korea.

Which end markets did Enovix highlight for its battery technology (ENVX)?

Enovix highlighted smartphones, smart eyewear, IoT, and defense as target markets.

Does the Fast Company recognition mean Enovix products are already widely available for ENVX investors?

Not necessarily; the announcement notes that some technologies on the list are not yet market available.

How does the Fast Company listing affect Enovix’s industry positioning for ENVX?

The listing signals third-party recognition of Enovix’s technology and may support commercial engagement and production scaling plans.