Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCAP-XX Regulatory News (CPX)

Share Price Information for CAP-XX (CPX)

Share Price is delayed by 15 minutes
Get Live Data
0.295    -0.015 (-4.84%)
Bid:
0.28
Ask:
0.31
Spread: 0.03 (10.714%)
Market Cap: £17.10m
CPX Live PriceLast checked at - London Stock Exchange

Intraday CAP-XX Share Chart

CAP-XX develops Automotive Supercapacitor

14 Feb 2012 07:00

RNS Number : 3179X
CAP-XX Limited
14 February 2012
Ā 



Ā 

Ā 

Ā 

14 February 2012

Ā 

CAP-XX Limited

Ā 

CAP-XX develops Stop-Start Automotive Supercapacitor module.

Initial tests increase battery life over 2 timesĀ 

Ā 

CAP-XX is pleased to announce that it has developed a supercapacitor module for use in automotive Stop-Start applications, which provides significant performance improvements relative to battery-only systems. This application for CAP-XX's supercapacitor technology represents an important market opportunity, as vehicle manufacturers increasingly adopt Stop-Start systems to reduce vehicle emissions and improve fuel efficiency.

Ā 

CAP-XX's supercapacitor module removes the dependence of the Stop-Start system on the vehicle's lead-acid battery to supply cranking current to start the engine. CAP-XX has shown that in extended testing its module reduces wear on the battery, which is a common failing of existing systems. Batteries in many of the existing systems may have a functional life of as little as 18 months because of the intensive demands made on the battery. As an additional benefit, the CAP-XX module also provides superior engine starting performance in cold weather, and can be used as an energy store for regenerative braking systems where fitted.

Ā 

The CAP-XX Stop-Start module is being tested under the New European Drive Cycle standard, and has so far completed 100,000 Stop-Start cycles at room temperature, with minimal wear on battery performance. During the test, the CAP-XX module has maintained the battery voltage above 11.8 volts, providing a very reliable voltage platform for the vehicle electrical systems. Comparative tests of a battery-only system, also at room temperature, show a drop to below 10 volts during the start cycle, after only 44,000 Stop-Start cycles. According to a leading European vehicle manufacturer 10V is regarded as the minimum voltage for reliable Stop-Start vehicle performance.

CAP-XX is now seeking partners to commercialise its technology globally via a Tier-1 automotive component supplier.

Ā 

In a separate development, ST Micro has launched an integrated supercapacitor driver integrated circuit in collaboration with Murata, CAP-XX's manufacturing partner, and OSRAM. More information is available at www.CAP-XX.com.

Ā 

Ā 

Anthony Kongats, CAP-XX Chief Executive said:

Ā 

"We are delighted with the results of these extended Stop-Start tests, which clearly demonstrate the performance advantages available from a supercapacitor-enhanced system. In particular, the CAP-XX solution addresses the shortcomings in terms of battery life of current generation of battery-only systems. We believe that the automotive sector provides a significant market opportunity for supercapacitors, whilst the ongoing work by Murata reinforces our confidence in mobile handset applications."

Ā 

Ā 

For further information, please contact

Ā 

CAP-XX Limited

Anthony Kongats, Chief Executive Officer

Ā 

+61 (0) 2 9428 0139

Seymour Pierce Ltd (Nominated Adviser and Broker)

Nandita Sahgal and Catherine Leftley (Corporate Finance)

David Banks and Paul Jewell (Corporate Broking)

Ā 

+44 (0) 20 7107 8000

Ā 

Kreab Gavin Anderson & Company (Financial PR)

Robert Speed, Deborah Walter, Anthony Hughes

Ā 

+44 (0) 20 7074 1800

Ā 

Notes to Editors:

Ā 

CAP-XX is a world leader in the design and manufacture of thin form prismatic supercapacitors and energy management systems, predominantly for portable and small scale electronic devices.

Ā 

The uniqueĀ feature of CAP-XX's supercapacitors isĀ their ability to store high volumes of energy andĀ output highĀ power levelsĀ within aĀ thinĀ prismatic design. These attributes are critical for power-hungry electronic devices, including mobile phones.

Ā 

Portable devices are one of the fastest growing segments of the electronics market, and provide the greatest opportunities for CAP-XX's products. CAP-XX's products are already an established enabling technology for the current generation of wireless and portable devices.Ā 

This information is provided by RNS
The company news service from the London Stock Exchange
Ā 
END
Ā 
Ā 
MSCZXLFFLLFFBBF
Date   Source Headline
3rd Nov 20227:00 amRNSChairman’s AGM Statement
19th Oct 20227:00 amRNSNotice of AGM
13th Oct 20227:00 amRNSHolding(s) in Company
29th Sep 20227:00 amRNSAudited results for the year ended 30 June 2022
29th Jul 20225:00 pmRNSTotal Voting Rights
27th Jul 20227:00 amRNSAgreement with Systematic Power Manufacturing LLC
12th Jul 20227:00 amRNSIssue of Shares and Director/PDMR Shareholdings
7th Jul 20227:00 amRNSPre-close trading update
28th Jun 20227:00 amRNSCAP-XX Adds Lithium-ion Capacitors to Portfolio
26th May 20227:00 amRNSCAP-XX collaboration with UNSW
4th May 20224:41 pmRNSSecond Price Monitoring Extn
4th May 20224:36 pmRNSPrice Monitoring Extension
4th May 20222:06 pmRNSSecond Price Monitoring Extn
4th May 20222:00 pmRNSPrice Monitoring Extension
4th May 20227:00 amRNSCAP-XX secures joint venture with Ionic Industries
12th Apr 20227:00 amRNSAppointment of Director and Grant of Share Options
28th Feb 20227:00 amRNSNotice of Investor Presentation
23rd Feb 20227:00 amRNSInterim Results
23rd Feb 20227:00 amRNSCAP-XX Secures Continental Automotive as Customer
8th Feb 20227:01 amRNSMCCI contract win
8th Feb 20227:00 amRNSCenkos Growth & Innovation Forum presentation
7th Feb 20229:00 amRNSNotification of date of interim results
20th Dec 20214:41 pmRNSSecond Price Monitoring Extn
20th Dec 20214:36 pmRNSPrice Monitoring Extension
14th Dec 20217:00 amRNSXtel Wireless Selects CAP-XX Supercapacitors
10th Dec 20217:00 amRNSFiiO Selects CAP-XX Supercaps
6th Dec 20217:00 amRNSTotal Voting Rights
24th Nov 20217:00 amRNSIssue of Shares and Director/PDMR Shareholdings
3rd Nov 20217:00 amRNSR&D Tax Rebate
27th Oct 20219:35 amRNSResult of AGM and Chairman’s AGM statement
14th Oct 20219:56 amRNSGrant of Share Options
5th Oct 20217:00 amRNSNotice of AGM
29th Sep 20217:00 amRNSAudited results for the year ended 30 June 2021
28th Sep 20217:00 amRNSCAP-XX Appoints Kessler Batteries as Distributor
14th Sep 20217:00 amRNSNotice of Results
7th Sep 20217:00 amRNSSpire Health Selects CAP-XX Supercapacitors
31st Aug 20215:00 pmRNSTotal Voting Rights
12th Aug 20217:00 amRNSHolding(s) in Company
11th Aug 20217:00 amRNSHolding(s) in Company
4th Aug 20217:00 amRNSResult of Placing and Completed Sale of Shares
3rd Aug 20213:33 pmRNSProposed Placing and Proposed Sale of Sale Shares
21st Jul 20217:00 amRNSRGM SpA Selects CAP-XX 3000F Supercapacitors
30th Jun 20215:00 pmRNSTotal Voting Rights
16th Jun 20217:00 amRNSSensys Networks Selects CAP-XX Supercapacitors
10th Jun 20217:00 amRNSPre-close trading update
1st Jun 20217:00 amRNSEveractive Selects CAP-XX for IoT Systems
17th May 202110:12 amRNSNotification of transactions by PDMRs
4th May 20217:00 amRNSCAP-XX Supercapacitors Selected by Jack
30th Apr 20211:03 pmRNSNotification of transactions by PDMRs
26th Apr 20217:00 amRNSVAIMOO Selects CAP-XX Supercapacitors

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.