Saw a post couple days ago on this company regarding the stock price jump that’s been happening every July, with nearly 200% jump in the month for the last five years.
Apparently these silicon anode batteries can store a significantly larger about of lithium.
Honor is the only company that has been publicly linked to this company. Honor did 70ish million in revenue 2025. Its the fastest growing smartphone brand at 11% growth yoy.
They seem to be focused on smartphones and eyewear, so companies such as Samsung, Apple, meta and google could end up signing some large contracts for their eyewear.
The growth is there as they have 200% revenue jump in 2024 and 37% in 2025.
Projected revenue for the next couple years:
2026 40-65m
2027 200m-250m
2028 650m-800m (projection from Business Quant, not the Enovix management team)
As AI grows, platforms need higher battery life without physical batteries becoming larger.
In January 2025 the company announced a prepaid purchase order from a Silicon Valley-based global AI and immersive technology company for batteries designed for mixed reality wearables and smart glasses.
If anyone has some better DD or overall advice on this companies direction I’m all ears.