Business
Enovix to Demonstrate Breakthrough Battery Technology at CES 2023
FREMONT, Calif., Dec. 22, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (Enovix) (Nasdaq: ENVX), the leader in the design and manufacture of next-generation 3D
About this update from Enovix Corporation
[{"type":"text","content":"FREMONT, Calif., Dec. 22, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (Enovix) (Nasdaq: ENVX), the leader in the design and manufacture of next-generation 3D Silicon™ Lithium-ion batteries, today announced it will demonstrate its breakthrough battery technology at Pepcom’s Digital Experience! on Jan. 4, 2023 and the International Consumer Electronics Show (CES) Jan. 5-6, 2023 in Las Vegas. “We are at a tipping point where one of the only things keeping us from world-changing technologies is the energy to power them, and our battery cells are designed to deliver high energy density without compromising safety,” said Harrold Rust, President, Chief Executive Officer and Co-founder of Enovix. Increased energy density is essential to support compute-intensive applications in premium consumer electronics, such as Virtual Reality headsets, wearables, mobile phones and tablet/laptop platforms. At CES, Enovix will demonstrate how its batteries provide a step-change increase in energy density, while requiring less volume when benchmarked against batteries in leading off-the-shelf consumer electronics. In addition, Enovix will provide an interactive look at how the company manufactures its next-generation battery, as well as its ability to provide optimized battery packs, offering a complete power solution to customers. “What makes this increase in energy density possible is our novel 3D cell architecture, which completely reimagines battery construction, throwing out the more than a century-old wound design,” said Ashok Lahiri, Chief Technology Officer and Co-Founder of Enovix. “We invented a precise, laser-generated 3D architecture that provides a more efficient use of the battery volume and can accommodate a 100 percent active silicon anode. Silicon is a plentiful and sustainable ingredient that can theoretically store more than twice as many lithium ions as a graphite anode, which is used in most conventional Li-ion batteries today. Coupled together—our new cell design plus our 100% active silicon anode—and we believe it’s the most significant advancement in battery technology in our lifetime.” Enovix will participate at Pepcom’s Digital Experience! from 7 p.m. to 10:30 p.m. PST on Wed., Jan. 4, 2023, at Caesars Palace. Enovix also has a suite at The Venetian where it will host meetings and demonstrations. Please contact [email protected]...