Maxwell Gets $500K to Advance Ultracapacitor Technologies
Bruce V. Bigelow6/29/11
San Diego ultracapacitor maker Maxwell Technologies (Nasdaq: MXWL), says it’s getting more than $500,000 in government funding to collaborate on energy storage and R&D programs with three other U.S. companies. Maxwell and Yardney Technical products of Pawcatuck, CT, will get $300,000 under a Small Business Innovation Research grant to integrate Maxwell’s high power-density with Yardney’s high energy-density batteries. Maxwell and two Ohio-based materials makers also will share $200,000 from Ohio’s Third Frontier program to develop a domestic source for high-performance, low-cost carbon used in ultracapacitors and to determine how graphene might be used to increase the energy density of ultracapacitors.
