Enovix (ENVX) Signs Manufacturing Agreement with YBS International Berhad for Fab2 in Malaysia

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Enovix Signs Manufacturing Agreement with YBS International BerhadĀ for Fab2 in Malaysia

July 26, 2023 4:01 PM EDT

Agreement secures $70 million of non-dilutive funding

FREMONT, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (Enovix) (Nasdaq: ENVX), an advanced silicon battery company, announced today it has entered into a Master Service Agreement (MSA) with YBS International Berhad (YBS) (MESDAQ: YBS:KLS), a Malaysia-based investment holding company with segments including electronic manufacturing and assembly, high-precision engineering, and precision machining and stamping, among others. The... More