CAP-XX Limited Developing first 3V thin prismatic supercapacitors
April 11 2018 - 2:01AM
RNS Non-Regulatory
TIDMCPX
CAP-XX Limited
11 April 2018
11 April 2018
CAP-XX Limited
("CAP-XX" or "the Company")
CAP-XX developing industry's first 3 Volt thin prismatic
supercapacitors
CAP-XX (LSE:CPX), a leader in supercapacitors that deliver peak
power to support or replace batteries, today announces that it has
developed the industry's first 3 Volt (3V) thin, prismatic
supercapacitor.
Anthony Kongats, CAP-XX's Chief Executive Officer, will cover
the new 3V developments in a paper that he is presenting titled
"Using thin prismatic supercapacitors to support 3V coin cell
batteries", on 12th April 2018 at the IDTechEx conference in
Berlin. It is anticipated that CAP-XX's 3V supercapacitors will
complete production trials shortly, with samples expected to be
available to customers in August 2018, and commercial production
potentially commencing in Q2 2019.
The Company will develop its 3V technology first in thin
prismatic form to meet demand for small, inexpensive,
energy-efficient power solutions for thin wearables, key FOBs and
other IoT devices. CAP-XX plans to then integrate the 3V technology
into its larger prismatic supercapacitors, automotive modules and
other products for high-energy, high-power applications.
The new 3V supercapacitors will eliminate the cost and
inefficiencies of the low-dropout (LDO) voltage regulator or buck
converter often required to step the voltage down to work with the
industry's existing 2.7V-rated thin, prismatic supercapacitors.
CAP-XX will initially target markets that use 3V coin cell
batteries, where popular batteries such as the CR2032 can deliver
reasonable energy (220mAh) but have trouble delivering the peak
power (100mA) needed for data collection and transmission. CAP-XX's
technology can handle those power bursts, and its new 3V
supercapacitors will be designed to be placed directly across the
battery without the intermediary LDO. It is anticipated that this
will give a typical cost saving of 20-25% for a single cell and
will also increase energy storage by 42% and power density by 23%
over a current generation 2.7 volt device.
To achieve the 3V supercapacitor technology, CAP-XX has
developed new materials and production techniques. The Company has
successfully tested 3V prototypes at 70degC, meeting the IEC 62391
requirement for endurance. CAP-XX is due to start production trials
this year, with samples for customers expected by the end of August
2018, and mass production potentially commencing in the second
quarter of 2019. Pricing is anticipated to start at less than US$1
in large volumes. The Directors of CAP-XX believe that this will
lead to the Company becoming the only manufacturer to provide a 3V
supercapacitor in a thin, prismatic form factor.
The 3V versions, ranging from 0.9mm to 1.9mm thick, will come in
the same footprints as CAP-XX's existing 2.7V thin prismatic
supercapacitors: Z, 20mm x 15mm; A, 20mm x 18mm; W, 17.5mm x
28.5mm; S, 17.5mm x 39.5mm. Initial samples will be in the S
package, with other footprints and the 0.6mm Thinline products to
follow.
A copy of the full release can be seen at the Company's web
site: http://www.prweb.com/releases/2018/04/prweb15398786.htm
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 Broker)
David Hart / Alex Brearley (Corporate Finance) +44 (0) 20 3328 5656
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
large supercapacitor based modules used 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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April 11, 2018 02:01 ET (06:01 GMT)
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