PolyCharge America, Inc. (“PolyCharge”), announced today that Mitsubishi Heavy Industries, Ltd. (“MHI”), and PolyCharge have entered into a Joint Development and Supply Agreement to facilitate the development and supply of capacitor products based on PolyCharge’s revolutionary NanoLam™ technology. MHI also confirmed, as part of this transaction, that it has acquired an ownership stake in PolyCharge. Terms of the investment were not disclosed.
“Our partnership with Mitsubishi Heavy Industries is a testament to the potential of our NanoLam™ capacitor technology to revolutionize the capacitor industry. With MHI’s expertise and investment, we are poised to bring next-generation capacitor solutions to the electrification market,” said Steven Yializis, Chief Operating Officer of PolyCharge.
“Our partnership with PolyCharge solidifies our position as a leader in electrification – enabling us to provide innovative and premium performing solutions to our customers. This Joint Development and Supply Agreement serves as a testament to our commitment to delivering cutting-edge technology and unparalleled expertise as a world-leading industrial group,” said Tomoaki Omura, Senior General Manager of Growth Strategy Office.
PolyCharge expects that the Joint Development and Supply Agreement will act as a foundation to encourage collaboration and integration on next-generation capacitor products for electrification applications. PolyCharge is well positioned to custom design, develop, and supply tailored solutions for MHI’s future electrification projects.
PolyCharge’s product engineering teams remain focused on supporting MHI’s leading position in its markets by developing differentiated capacitor solutions.
PolyCharge NanoLam technology enables capacitors that are half the weight and half the size of conventional polypropylene film capacitors solutions. They are also able to operate at higher temperaures: capacitors with NanoLam technology feature an extremely thin, dielectric polymer coating that assures optimum cooling and thermal stability as well as improved power density. The capacitors form part of the power electronics in e-cars and offer advantages in terms of volume and weight.
Further Read About NanoLam™ capacitor technology: A Disruptive NanoLam DC-Link Capacitor Technology for Use in Electric Drive Inverters
