Enovix Secures 100,000-Unit Battery Order From Global Dual-Use Drone Manufacturer For 2027 Deliveries; Order Moves One Opportunity From The ~$216M Drone, Defense And Industrial Pipeline Reported On October 12, 2026 Into Backlog, And Is Among The Q4’26 Purchase Orders

Enovix Corporation (NASDAQ: ENVX) has secured a purchase order for 100,000 battery units from a global dual-use drone manufacturer, with deliveries planned for the first half of 2027. This order transitions an opportunity from the company's $216 million drone, defense, and industrial pipeline into backlog, as reported on October 12, 2026. The company anticipates further orders following the initial deployment and expects additional pipeline opportunities to convert into purchase orders in the upcoming quarters.