RE: Court case - does this mean all over?21 Apr 2021 16:20
January 15, 2021
Oneonta, NY — Systematic Power Solutions, LLC/Ioxus has secured $1,900,000.00 in new commercial financing for expansion opportunities in Oneonta.
According to the company website, Ioxus is a technology company, and our iCAP ultracapacitors, iMOD modules, and THiNCAP products are optimized for higher power density, higher energy density, and voltage levels that provide simple solutions for our customers to incorporate our products easily.
Significant design efforts, along with the most advanced R&D in the market, have allowed Ioxus to significantly enhance products with various cell balancing techniques to solve problems for the hybrid automotive, hybrid bus, wind turbine pitch control, UPS, and industrial markets.
The IP-protected technology improvements offer markets a higher performing product that is easier to use and more cost effective to implement.