REG - CAP-XX Limited - Update re. collaboration with SCHURTER

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RNS Number : 5765R  CAP-XX Limited  18 July 2025

18 July 2025

CAP‑XX Limited

("CAP‑XX" or the "Company")

Update re. collaboration with SCHURTER

CAP‑XX Limited (LSE: CPX), a global leader in supercapacitor technology,
is pleased to provide a further update regarding the cooperation agreement
(the "Agreement") with SCHURTER AG ("SCHURTER"). The current total project
pipeline under the Agreement is estimated to be approaching USD 2 million of
potential revenue to CAP-XX, which underscores the commercial viability of the
joint Agreement.

Progress over the first few months is delivering strong momentum

·      A diversified design-in pipeline is now underway across multiple
industrial electronics projects.

·      Potential pipeline revenue to CAP-XX is approaching
USD 2 million from prismatic supercapacitor volumes.

·      Achieved first design-win order, confirming early-stage
commercial traction.

Strategic Significance

The Agreement between CAP-XX and SCHURTER represents a significant milestone
in CAP-XX's growth strategy. By combining CAP-XX's advanced supercapacitor
technology with SCHURTER's global market access and established customer
relationships in the industrial and electronics sectors, the partnership
enables CAP-XX to accelerate its commercial expansion. The collaboration is
already facilitating entry into new market segments, while enhancing the
scalability of CAP-XX's solutions through SCHURTER's international
distribution and support infrastructure.

Recent Visit to Sydney Facility

This week, CAP‑XX hosted Lars Brickenkamp, CEO of SCHURTER, at its
manufacturing plant in Seven Hills, Sydney. During his visit, Mr. Brickenkamp
toured the facility alongside CAP‑XX CEO Lars Stegmann, observing first-hand
the end-to-end production process.

Lars Stegmann, CEO of CAP‑XX, commented: "The cooperation with SCHURTER is
delivering strong momentum. The first design-win order and c. USD 2 million
of potential pipeline opportunities underscore the commercial viability of our
joint innovation. It was a pleasure to host Lars Brickenkamp in Sydney and
showcase our cutting-edge production capabilities."

Lars Brickenkamp, CEO of SCHURTER Group, added: "We are excited by the early
success of our partnership. CAP‑XX's capabilities are truly world‑class,
and we look forward to scaling global deployments of advanced energy storage
solutions, leveraging SCHURTER's established international network."

Outlook for partnership

CAP-XX and SCHURTER will continue to advance multiple design-in opportunities
across the industrial and electronics sectors, with a focus on converting the
current pipeline into commercial sales. Both companies are actively working
together on go-to-market strategies to maximise reach and customer engagement.

For further information, please contact:

 

CAP-XX Limited

Dr Graham Cooley
(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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