SAN DIEGO, May 12, 2014 /PRNewswire/ -- Maxwell
Technologies, Inc. (Nasdaq: MXWL), a leading developer and
manufacturer of ultracapacitor-based energy storage and power
delivery, today announced that it has been named a Cool Vendor in
the "Cool Vendors in Automotive Electronics, 2014" [1] report by
Gartner, Inc. The Cool Vendors in the report develop innovative
technology in the areas of human-machine interface, energy storage
and machine vision for automotive applications. Maxwell is one of
the few ultracapacitor manufacturers that supplies to the
automotive industry, which is known for long development cycles and
stringent requirements for components, and for developing faster,
more efficient product production due to its unique dry electrode
fabrication process.
James Hines, research director of
Gartner and co-author of the report, wrote, "As cars become more
connected, automated and green than ever before, the computational
power and related electronics technology that underlie these
capabilities has become critical elements of automobile
development."
"As Gartner confirms, more automotive companies are looking for
electronics technology, that helps meet higher fuel-efficiency
standards," said John Warwick,
Maxwell's chief operating officer. "Because our ultracapacitors
hold the required automotive-quality certifications, deliver high
power and can accept a high rate of charge, they're ideal for
high-power automotive applications. More companies are joining the
ranks of Continental, which developed an ultracapacitor-based
voltage stabilization system for PSA Peugeot-Citroen, and
Lamborghini, which uses ultracapacitors in its stop-start system in
the Aventador sports car."
There are several uses for ultracapacitors in automotive
applications, including regenerative braking systems, start-stop
systems, high-power consumer support for components such as power
steering and air conditioning compressors, and boardnet
stabilization. Unlike batteries, which produce and store energy by
means of a chemical reaction, Maxwell's ultracapacitor products
store energy in an electric field that is larger than that of a
capacitor—meaning ultracapacitors have greater energy storage
capacity than capacitors. The ultracapacitors can charge and
discharge in as little as fractions of a second, perform in
temperatures ranging from -40 degrees to +65 degrees C,
operate reliably through one million or more charge/discharge
cycles and resist shock, vibration and overcharging.
Additional Maxwell Technologies information:
- Ultracapacitors in automotive applications:
http://bit.ly/1mRu5N9
- Maxwell Technologies on Twitter:
https://twitter.com/Maxwell_Tech
- Maxwell Technologies on Facebook: http://on.fb.me/10e2nPA
- Maxwell Technologies on LinkedIn: http://linkd.in/Z4737Y
Disclaimer:
Gartner does not endorse any vendor,
product or service depicted in our research publications, and does
not advise technology users to select only those vendors with the
highest ratings. Gartner research publications consist of the
opinions of Gartner's research organization and should not be
construed as statements of fact. Gartner disclaims all warranties,
expressed or implied, with respect to this research, including any
warranties of merchantability or fitness for a particular
purpose.
About Maxwell Technologies:
Maxwell is a leading developer and manufacturer of innovative,
cost-effective energy storage and power delivery solutions. Our
ultracapacitor products provide safe and reliable power solutions
for applications in consumer and industrial electronics,
transportation and information technology. Our CONDIS® high-voltage
grading and coupling capacitors help to ensure the safety and
reliability of electric utility infrastructure and other
applications involving transport, distribution and measurement of
high-voltage electrical energy. Our radiation-mitigated
microelectronic products include power modules, memory modules and
single board computers that incorporate powerful commercial silicon
for superior performance and high reliability in aerospace
applications. For more information, please visit
www.maxwell.com.
Reference:
[1] Gartner "Cool Vendors in Automotive
Electronics, 2014" by James F.
Hines, April 29, 2014
For more information, contact:
Media:
Rachel Sullivan, Metis
Communications: +1 (617) 236-0500, maxwell@metiscomm.com
Investor: Michael Sund, +1
(858) 503-3233, msund@maxwell.com
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SOURCE Maxwell Technologies, Inc.