LONDON Thin form supercapacitor and energy management system designer CAP-XX Ltd. has signed a letter of intent with Murata Manufacturing Corporation of Japan to establish a partnership to provide high performance supercapacitors to the mobile hand-set industry and for other applications.
Murata will focus on mass production, sales & marketing and in parallel CAP-XX (Lane Cove, Australia) and Murata will jointly develop next generation products with CAP-XX leading the material development.
Under the terms of the licence, CAP-XX will receive licence fees and a royalty based on the volume of sales of supercapacitors.
“This partnership with Murata is a critical step for CAP-XX, as Murata is able to support us in many fields of the business value chain such as mass production, sales & marketing and new product development,”said Anthony Kongats, CEO of CAP-XX.
CAP-XX's supercapacitors is their ability to store high volumes of energy and output high power levels within a thin form design. These attributes will be critical for the next generation of high volume, power-hungry portable electronic devices, including mobile phones.