REG - CAP-XX Limited - Technology Cooperation Agreement with SCHURTER

CAP-XXAnnouncement

12/03/2025 14:45

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RNS Number : 4257A  CAP-XX Limited  12 March 2025

12 March 2025

CAP-XX Limited

("CAP-XX" or "the Company")

Strategic Technology Cooperation Agreement with SCHURTER AG

CAP-XX Limited, a global leader in supercapacitor technology and energy
management systems, is pleased to announce a strategic Technology Cooperation
Agreement (the "Agreement") with SCHURTER AG ("SCHURTER"), a leading innovator
in electronic components.

The primary aim of the Agreement is to strengthen the competitive market
position of both companies by leveraging synergies across research,
development, manufacturing and sales. By pooling resources and expertise, the
partnership aims to foster innovation and efficiency, driving shared growth
opportunities in the rapidly evolving energy storage sector.

Under the Agreement, SCHURTER and CAP-XX will focus on collaborative projects
within the field of energy storage technologies, while also allowing for
future collaborations in additional areas as mutually agreed between the
parties.

The Agreement outlines two types of cooperation: smaller projects and idea
exchanges, which will move forward without additional agreements under the
Agreement, and larger strategic initiatives that will be implemented using sub
agreements. These will cover financing, project management, intellectual
property, exclusivity rights and other essential details. Pursuant to the
Agreement, any intellectual property that is developed jointly between CAP-XX
and SCHURTER during the partnership will be co-owned by both parties.

To support this collaboration, SCHURTER will provide the "SCHURTER Innovation
Platform" as a centralised tool for idea sharing and technology roadmap
development. This platform will facilitate the exchange of ideas and insights,
contributing to shared innovation goals.

This strategic partnership represents a significant step forward for both
companies, combining CAP-XX's expertise in advanced energy storage solutions
with SCHURTER's innovation leadership. By working together, the companies aim
to accelerate the development of cutting-edge technologies and deliver
enhanced solutions to global markets.

Lars Stegmann, CEO of CAP-XX, commented: "We are delighted to enter into this
strategic Agreement with SCHURTER. This represents a unique opportunity to
combine our strengths and accelerate innovation in energy storage solutions.
By leveraging our combined expertise in research, development and
manufacturing, we aim to deliver groundbreaking technologies that will shape
the future of the energy storage market. Working closely with SCHURTER will
enable us to unlock new opportunities and drive shared success, reinforcing
CAP-XX's position as a global leader in supercapacitor technology."

Lars Brickenkamp, CEO of SCHURTER, commented: "We are pleased to be partnering
with CAP-XX to accelerate innovation in energy storage solutions. This
collaboration reinforces our commitment to spearheading digital transformation
and our dedication to creating inspiring technologies that drive a safe,
all-electric, and connected society. By combining our expertise, we aim to
create new opportunities and strengthen our position in the global market."

 

For further information contact:

CAP-XX Limited

Pat Elliott (Chairman)
                                           +61 (2) 9157
0000

Lars Stegmann (Chief Executive Officer)

 

Allenby Capital (Nominated Adviser and Broker)

David Hart/Piers Shimwell (Corporate Finance)
                                    +44 (0)
20 3328 5656

Jos Pinnington/Tony Quirke (Sales and Corporate Broking)

 

Notes to Editors:

CAP-XX (LSE: CPX) is a leader in the design and manufacture of thin, flat
supercapacitors and energy management systems used in portable and small-scale
electronic devices, and to an increasing extent, 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
(http://www.cap-xx.com)

 

 

 

 

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