CAP-XX Limited CAP-XX collaboration with UNSW
26 May 2022 - 4:01PM
RNS Non-Regulatory
TIDMCPX
CAP-XX Limited
26 May 2022
REACH: non-regulatory announcement
26 May 2022
CAP-XX Limited
("CAP-XX" or the "Company")
CAP-XX collaboration with University of New South Wales, Sydney,
drives 3-volt supercapacitor optimisation
CAP-XX Limited, a world leader in the design and manufacture of
thin, flat supercapacitors and energy management systems, is
pleased to announce that following its collaboration with the
University of New South Wales (UNSW, or the University), Sydney, it
has today posted on its web site
https://www.cap-xx.com/corporate-videos/ a short video produced by
the University outlining its collaborative work with CAP-XX on the
optimisation of supercapacitor performance.
CAP-XX has been working with UNSW since 2017, when the
University set up a series of sophisticated experiments to improve
the leakage, current and lifetime performance in cells, under the
leadership of Professor Neeraj. Professor Neeraj used the advanced
capabilities available at UNSW to analyse the cell performance of
CAP-XX's supercapacitors at the microscopic and molecular
level.
As a direct result of a tailored programme of research started
in 2019, Professor Neeraj has enabled CAP-XX's R&D team to
improve its understanding of the various mechanisms occurring
within the cells. This has resulted in new IP, which has a direct
commercial application in the development of CAP-XX's new 3 volt
(3V) product which incorporates this IP. The result is a
supercapacitor with exceptionally low leakage current. Low leakage
current is arguably the single most important parameter when
considering a 3V supercapacitor being directly connected to a
battery, especially a non-rechargeable battery.
The Company is currently in preparation for the launch of the
new 3V supercapacitor at the end of 2022, which will utilise the
former Murata production lines now installed at the Company's Seven
Hills facility in Sydney, Australia. The Company had planned to do
this work at its Malaysian manufacturing site but continual delays
caused by COVID and the results from UNSW prompted the Company to
pivot back to using the Sydney site.
The 3V supercapacitor, when launched, will provide a
high-performance complement to traditional 3 volt coin cell
batteries.
Anthony Kongats, Chief Executive, said:
'Following the recent announcement of our proposed joint venture
with Ionic Industries, which involves technology developed at
Monash University, I am pleased to be able to point to how CAP-XX's
collaboration with university partners, such as this example with
the University of New South Wales, can lead to direct commercial
applications which can enhance the performance of our
supercapacitors."
For further information contact:
CAP-XX Limited
Anthony Kongats (Chief Executive Officer) +61 (0) 2 9428 0139
Kreab (Financial PR)
Robert Speed +44 (0) 20 7074 1800
Allenby Capital (Nominated Adviser and Joint Broker)
David Hart / Alex Brearley (Corporate Finance) +44 (0) 20 3328 5656
Tony Quirke (Sales and Corporate Broking)
Cenkos Securities plc (Joint Broker)
Neil McDonald / Pete Lynch +44 (0) 13 1220 6939
More information is available at www.cap-xx.com
Notes to Editors:
CAP-XX (LSE: CPX) is a world leader in the design and
manufacture of thin, flat supercapacitors and energy management
systems used in portable and small-scale electronic devices, and to
an increasing extent, in larger applications such as automotive and
renewable energy. The unique feature of CAP-XX supercapacitors is
their very high power density and high energy storage capacity in a
space-efficient prismatic package. These attributes are essential
in power-hungry consumer and industrial electronics, and deliver
similar benefits in automotive and other transportation
applications. For more information about CAP-XX, visit
www.cap-xx.com
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