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    Stackpole Presents High Current Metal Shunt Resistors

    Coilcraft Introduced Ultra-Low Loss Shielded Power Inductors

    Panasonic Releases SMD Automotive Power Choke Coil

    GAM Introduces Tantalum and Niobium Powders for Cold Spray Applications

    Skeleton Curved Graphene Scientists Named as European Inventor Award 2022 Finalists

    Flexible Cable Supercapacitor Application in EVs and HEVs

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CAP-XX rises on largest-ever order for supercapacitors

17.8.2017
Reading Time: 1 min read
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Source: Proactive Investors news

CAP-XX Limited (LON:CPX) shares gained after announcing that it received its largest-ever order for mass produced Thinline supercapacitors.

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A US customer has ordered the supercapacitors for an ‘Internet of Things’ (IoT) wearable device for the fitness and health markets.

An initial US$0.4mln order is for delivery of units starting in late 2017 and continuing into early 2018.  CAP-XX expects to secure a follow-on order for more than US$1.0mln in the first half of 2018.

“We are delighted to have secured our first high-volume order for Thinline supercapacitors for an IoT application,” said chief executive Anthony Kongats.

“Additionally, we remain confident that our partnerships with Murata and AVX will provide significant additional momentum to the adoption of CAP-XX supercapacitors in numerous very high volume applications across the globe.”

Shares jumped 21.90% to 13.25p.

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