Enovix (ENVX) Awarded Follow-On Contract to Build Wearable Battery Cells for U.S. Army Soldiers
Enovix, a leading developer of lithium-ion battery cells, has been awarded a follow-on contract to build wearable battery cells for the U.S. Army.
The cells will be used in the Conformal Wearable Battery (CWB), a battery pack that is worn by soldiers on their vests. The CWB powers vital communications and navigation equipment, and it is essential for soldiers to have a reliable and long-lasting power source.
Enovix's cells are made with a proprietary 3D cell architecture that increases energy density and maintains high cycle life. This makes them ideal for use in wearable devices, as they can provide long-lasting power without being too bulky or heavy.
In addition, Enovix batteries have BrakeFlow technology which makes them safer. BrakeFlow™ Technology works by using a series of resistive elements to limit the current flow in the event of an internal short circuit. This helps to prevent the battery from overheating and entering thermal runaway, a condition that can lead to fires or explosions.
The award of this contract is a major win for Enovix. It shows that the company's technology is being recognized by the U.S. military, and it could open up new opportunities for Enovix in the defense sector.
Here are some additional details about the news:
- The CWB is a critical piece of equipment for soldiers, as it powers their communications and navigation devices
- Enovix's cells are more energy-dense than traditional lithium-ion cells, which means that they can provide longer-lasting power and they weigh less
- Enovix BrakeFlow™ Technology makes batteries safer and more reliable, and helps to reduce the risk of fires and explosions
The award of this contract is a major win for Enovix, as it shows that the company's technology is being recognized by the U.S. military
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