Enovix is trading 5% up at $3.44 after announcing an expansion expected to double South Korea drone-battery capacity by mid-2027.
- The company is using existing land, buildings, and equipment.
- Its regional pipeline reached approximately $183 million, up 41% sequentially; drone opportunities exceed $100 million.
- Broader risk appetite improved as major U.S. indices gained modestly, supporting the positive move.