CAP-XX, a global leader in the development and manufacture of supercapacitors and energy management systems, and SCHURTER have signed a memorandum of understanding (MoU) to work closely together on technology development and the development of supercapacitor products under a common brand name.
The MoU marks the beginning of a strategic alliance that the companies are convinced will bring substantial benefits for both sides and create real added value for their customers and stakeholders.
Joint technology development
To meet the evolving market needs, CAP-XX and SCHURTER will work closely together. By combining their extensive knowledge and capabilities, CAP-XX and SCHURTER will develop innovative, competitive products and new application-specific solutions, including co-branded supercapacitor products.
Lars Stegmann, CEO of CAP-XX, said: “We are thrilled to partner with SCHURTER AG. Their expertise in the passive electronics market complements our capabilities perfectly. Together we can deliver unparalleled value to our customers and drive significant growth in the market.”
Lars Brickenkamp, CEO of SCHURTER AG, echoed this sentiment and added: “This MOU marks a new era of cooperation. By combining our strengths, we will be able to innovate and offer solutions that are not only cutting-edge, but also highly beneficial to our customers. We are looking forward to a fruitful partnership with CAP-XX.”