Enovix Announces Advancements to Its Laser Technology Program and Bolsters Team
Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced two major developments related to its laser program: a non-binding Memorandum of Understanding (MOU) with IPG Photonics Corporation (NASDAQ: IPGP), the leader in high-power fiber laser technology, to collaborate to develop cutting edge, next-generation laser tooling and methods to optimize battery cell manufacturing processes and productivity, and the appointment of Manuel Leonardo, an expert in the field of laser photonics, as Senior Staff Laser Engineer. Enovix believes these two developments will further accelerate its efforts to increase manufacturing productivity and product performance and enable the development of future products
FREMONT, Calif., Nov. 01, 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 two major developments related to its laser program: a non-binding Memorandum of Understanding (MOU) with IPG Photonics Corporation (NASDAQ: IPGP), the leader in high-power fiber laser technology, to collaborate to develop cutting edge, next-generation laser tooling and methods to optimize battery cell manufacturing processes and productivity, and the appointment of Manuel Leonardo, an expert in the field of laser photonics, as Senior Staff Laser Engineer. Enovix believes these two developments will further accelerate its efforts to increase manufacturing productivity and product performance and enable the development of future products.
“Our manufacturing process has advanced significantly going from 30-watt lasers in 2018 to one kilowatt lasers today, which will be incorporated into the Gen2 systems,” said Ashok Lahiri, Co-Founder and CTO of Enovix. “Our process relies heavily on the unique capabilities and precision of laser patterning technology. Leveraging both industry gains in laser power, as well as proprietary advances in electrode processing techniques, over the last 15 months, Enovix has demonstrated a severalfold improvement in laser throughput in high volume production. We are pleased to work with world-leading organizations such as IPG Photonics and bring on experts in the field like Manuel to further enable our capabilities in these areas.”
The goals of the collaboration agreement with IPG and Enovix are to enable Enovix’ growth model and promote the transition from mechanical cutting to laser processing in the industry at large. The next-gen laser tooling equipment is intended to significantly advance Enovix’ efforts to scale.
“More and more battery manufacturers are adopting laser technology into their manufacturing process,” said Trevor Ness, Senior Vice President, Worldwide Sales and Strategic Business Development of IPG Photonics. “We believe Enovix is a leader in this area and we’re excited to continue working with them to bring advanced laser innovation to the battery industry.”
