Enovix Corporation (NASDAQ:ENVX) has signed an agreement with a leading California-based technology company to supply silicon batteries for mixed reality headsets. The deal includes an immediate one-time payment for tooling and subsequent payments for sample and production quantities. Enovix's high energy density batteries are designed to support the continuous use required by mixed reality devices. The global market for VR and AR headsets is expected to grow significantly, enhancing the potential impact of this agreement.