Enovix invests $19 million to double drone battery production capacity in South Korea
ENVX•Enovix is investing $19 million to double drone battery production capacity at its South Korean plant. An initial order covers 100,000 battery units, with deliveries scheduled for the first half of 2027.
1. Production expansion
Enovix is investing $19 million to double in-house drone battery production capacity at its South Korean plant. The military-qualified, TAA-compliant facility will serve demand from U.S. and allied defense programs for non-Chinese batteries.
2. Initial order
An order from a multinational dual-use drone systems provider covers 100,000 battery units, with deliveries scheduled for the first half of 2027. Follow-on orders are expected in the second half of 2027 and beyond, following successful initial deployment.
