and that portable to the to on to Enovix our strength Charlie is market best world. thank what goals in made battery that will our customers engagement continue you, transformational revenue lithium-ion Thank product deliver increasing everyone call in for believe the electronic commercializing and allow the EVs. third large and funnel strong our evidenced products is leaders features advance the we and in by the today. of you with products quarter progress being This the
cap on a further active energy [ph] wins which technology MOU broad and our will the their in overall and technology well-positioned [clambering] our our are to We accounts have safety. together manufacturing with engagements this with agreement, portfolio, and we portable technology We six mega companies, non-binding market and are today, than technology product our XX leverage scale we more due to designed And density across leadership up. collaborate products for this believe these of announcing leaders. work Under electronics one of we Enovix and with two customer with. have
including to and continue China in major engagements in consumer Asia smartphone leading We OEMs and Japan reach have our throughout grow with and Korea, brands global Samsung.
shipped We X in production a And automakers Auto battery XX are third from OEM. supplier strong Top a charge also the seeing to advantages. testing leading fast from global Tier our EV initial given interest and sales we quarter,
These during progress placing patterning, GenX product revolutionary quarter, key GenX. the with improved demonstrate task engine far to remains lead vendors, concepts the growth packaging the have Our our our capacity for assembly, purchase excellent at laser we and built our for our for for presently the the and XX of of orders our validated completed including scale projects be materials the company. thus are Together design Autoline, and projects lines proof-of-concept performance design GenX. design long initial to key into and with GenX improvements vendors with made
placed the remainder believe of our of the the follow several our also Difficulty] a first do fabrication vendor in vendors that detailed to purchase that many with remain on illustrate months, line highlight assembly a order can the into package capital how areas expect line we've XXXX. same improvement. from equipment we on weeks. why In have with battery. packaging land the GenX the nine more the few footprint incorporated an We battery GenX last GenX and second half for batteries is such with over in and less XXX I'd per and our and like assemble [Technical resulting for to track next over a same total, system designs We in in learnings that GenX, significantly to
and support announced of active today allows XXX% collaboration with to us safety anode thermal a First, as like address we leader vision, breakthroughs a we patterning Laser flow in laser uniquely IPG Photonics, our is world that patterned in must a factor innovations that such global technology. deliver electrode have that silicon runaway. brake we our technology become the and a laser a form at core leader field. To
Xx scale GenX already access and resulted original has Our laser lasers our to our of alliance ahead power provides up far the having plan. ongoing GenX most of our technologies the with IPG in advanced current
an has already [punch one This a projects and manual months ago we proof-of-concept before the example Second, even batteries that been we with in that eliminating single built. the are them [ph] head] frequent tools production launched replacing stacking, independent four alignment a of long proven out simultaneously. head of of four punch are is stacks
how batteries conveyance we assembly making Thirdly, low moves are major a that we precision, low process each GenX, use speed batteries. and in change a system we between station. transport In
off become throughput and recently GenX, available. track This equipment the only now can a and directly. has it accuracy complexity, with For size, move we to increasing the replaced the need the of that speed, linear eliminates track, high process have and we reducing on cost the batteries on as high motor
to prove addition, critical our GenX as and of [ph]. [metrology] learned is detect instantly, we GenX the the systems] [vision stream] we yield than issues both how faster increase expect accuracy linear In in capability and [ph]. motor are learning have the yield and equipment [fixed inspection And often process better automated it lastly, [ph] for They uptime. drive
with have more GenX this metrology added We learning. significantly to
improvement high it knew and improvements of in beginning, GenX expense at become we better our making of superior GenX one even GenX’s learning we and increasing that run perfect redirecting about to ongoing about to making resources were as less the could. the me in activities has Given begin clear that GenX GenX. we at must confidence performance, the as Fab-X From more
joint our readers. Our directly by customers and goal is to and a the in multiple licensing on own, with roster replicate indirectly incumbent profile of future, GenX high a ventures lines battery potentially and
the with tough of lines – it those the in for one. change blueprint believe you GenX XXXX. For our lower a decision, GenX GenX We will from Fab-X that copy history, is ramps our was it's result familiar right volume be and exact. semiconductor and I this in feel until but emphasis It of
the some closing who turn financials remarks. to make over I'll call I'll Steffen, our Steffen? and will that discuss Now, after
