CPX.L

CAP-XX Ltd.
CAP-XX Limited - CAP-XX to exhibit at Electronica with SCHURTER
7th November 2024, 07:00
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RNS Number : 2667L
CAP-XX Limited
07 November 2024
 

REACH

7 November 2024

CAP-XX Limited

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

CAP-XX to Exhibit at Electronica 2024 in Collaboration with SCHURTER AG

The Board of CAP-XX, a global leader in supercapacitor and energy management system design, is delighted to announce its participation at Electronica 2024 in Munich from 12-15 November 2024, where it will co-exhibit and present alongside its strategic partner SCHURTER AG, a 4.6% shareholder in the Company and a participant in CAP-XX's recent fundraise.

Strategic Presence at Electronica 2024

Electronica 2024, the world's largest electronics trade fair, will host approximately 70,000 visitors from over 100 countries, offering CAP-XX an invaluable opportunity to showcase its supercapacitor technology and strengthen connections with industry leaders across automotive, IoT, industrial automation, and consumer electronics sectors. This aligns with CAP-XX's objectives of expanding its market reach, exploring collaborations, and deepening insights into industry advancements.

CAP-XX's Chief Executive, Lars Stegmann, commented: "Electronica 2024 is a premier event, gathering global innovators in power electronics and energy storage. CAP-XX looks forward to engaging with attendees in search of high-performance supercapacitors, highlighting our ultra-thin, high-capacity solutions for applications in IoT, automotive and wearable technologies."

Lars Brickenkamp, CEO of SCHURTER AG, added: "We're excited to collaborate with CAP-XX at Electronica 2024, a valuable platform to present our joint solutions in high-density, reliable supercapacitors that enhance energy efficiency and durability, catering to customers and engineers seeking advanced energy solutions."

 

For further information contact:

CAP-XX Limited                                                                                                          +61 (2) 9157 0000

Pat Elliott (Chairman)

Lars Stegmann (Chief Executive Officer)

 

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

David Hart / Piers Shimwell (Corporate Finance)

Tony Quirke / Jos Pinnington (Sales and Corporate Broking)

 

About CAP-XX

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.

About CAP-XX and Schurter AG Collaboration:

CAP-XX and SCHURTER AG have recently signed a Memorandum of Understanding (MoU) to collaborate on technology and product development under a unified brand. This partnership aims to leverage CAP-XX's expertise in high-density, compact supercapacitors and SCHURTER AG's extensive market reach, with the potential to create significant value for both companies' customers and stakeholders.

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