REG - CAP-XX Limited - CAP-XX Secures Continental Automotive as Customer

CAP-XXAnnouncement

23/02/2022 07:00

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RNS Number : 4918C  CAP-XX Limited  23 February 2022

23 February 2022

 

CAP-XX Limited

 

("CAP-XX")

 

CAP-XX Secures Continental Automotive GmbH as Tier 1 Automotive Customer

 

CAP-XX will supply ultra-thin DMT supercaps produced on its new Sydney
high-volume production lines, recently recommissioned from Murata

 

Sydney, Australia - February 23, 2022 - CAP-XX (https://www.cap-xx.com/)
Limited (LSE:CPX), the leading manufacturer of ultra-thin prismatic and
high-power cylindrical supercapacitors, announced it has signed a Sourcing
Agreement with Continental Automotive GmbH, a Tier 1 automotive supplier, to
provide CAP-XX DMT220 prismatic supercap
(https://www.cap-xx.com/products/prismatic-overview/) s for one of
Continental's key automotive programs. The Sourcing Agreement for this design
win covers the expected volumes for the model years 2024 through 2030.

 

The CAP-XX DMT220 supercapacitor
(https://www.cap-xx.com/product/dmt3n4r2u224m3dta0-2/) , previously
manufactured by Murata under license from CAP-XX, is now produced in CAP-XX's
new high-capacity factory at Seven Hills, NSW, Australia using production
lines acquired and successfully recommissioned from Murata.  DMT220 features
include:

 

·      220 mF Capacitance / Rated at 4.2 Volts

·      High temperature operation -40°C to 85°C

·      Ultra-thin form factor 21 x 14 x 2.2mm thin

·      High charge efficiency with long life, up to 20 year or 1,000,000
charge discharge cycles

 

 

"Achieving a design win and becoming a qualified supplier to a Tier 1 like
Continental is an endorsement of CAP-XX's capabilities," said Anthony Kongats,
CEO at CAP-XX.  "With the acquisition of the Murata high-volume
supercapacitor production lines, CAP-XX is able to successfully address the
demanding requirements of the automotive industry."

 

For further information contact:

 CAP-XX Limited                                        +61 (0) 2 9428 0139

 Anthony Kongats (CEO)

 Kreab (Financial PR)                                  +44 (0) 20 7074 1800

 Robert Speed

 Allenby Capital (Nominated Adviser and Joint Broker)  +44 (0) 20 3328 5656

 David Hart / Alex Brearley (Corporate Finance)

 Tony Quirke (Sales and Corporate Broking)

 Cenkos Securities plc (Joint Broker)                  +44 (0) 13 1220 6939

 Neil McDonald / Pete Lynch

 

 

About CAP-XX

CAP-XX (LSE:CPX) is the world leader in the design and manufacture of
ultra-thin prismatic and compact cylindrical supercapacitors. Its prismatic
supercapacitors are manufactured in Australia and Malaysia and its cylindrical
supercapacitors are manufactured in China. The company's strong intellectual
property (IP) portfolio includes 11 patent families. CAP-XX's ultra-thin
prismatic supercapacitors are ideal for space-constrained electronics
applications where small energy storage device size and thickness are
important. The unique feature of CAP-XX supercapacitors is their very
high-power density and high-energy storage capacity in space-efficient thin
prismatic and compact cylindrical packages. For more information about CAP-XX,
visit https://www.cap-xx.com/ (https://www.cap-xx.com/) or email
sales@cap-xx.com.

 

 

 

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