CAP-XX Ltd - Sydney-based maker of ultra-thin prismatic and cylindrical supercapacitors - Launches lithium-ion capacitors, otherwise known as hybrid supercapacitors. LICs are asymmetric energy storage device systems, which are well-suited for power quality, peak-load shaving and micro-energy harvesting applications.
"We aim to help design engineers with all their burst, micro energy harvesting and backup power needs, and Lithium-ion capacitors provide a valuable alternative energy solution for higher-voltage and increased-energy applications. Combining the LICs with our existing ultra-thin prismatic and cylindrical supercapacitors forms an extensive product portfolio to meet those needs," says Chief Executive Officer Anthony Kongats.
Current stock price: 3.99 pence
12-month change: down 47%
By Elizabeth Winter; elizabethwinter@alliancenews.com
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Cap-xx (CPX)