(Alliance News) - Stock prices in Europe were largely higher at midday on Friday, though the FTSE 100 pared some earlier gains as a slump from GSK weighed on the index. Read More
(Alliance News) - London's FTSE 100 opened in the red on Monday, after a data reading showed the UK economy grew as expected in the first quarter of the year and as US tariff cuts come into effect in the UK. Read More
(Alliance News) - Cap-XX Ltd on Monday reported it was in a "strong" position, despite a slight decrease in cash balance, as it hailed new contracts gained in the past five months. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced in the past week and not separately reported by Alliance News: Read More
(Alliance News) - London's FTSE 100 remained in the green at midday on Tuesday despite Wall Street being called to open lower following Monday's rally, as investors look to this afternoon's US inflation reading. Read More
Cap-XX Ltd - Sydney-based designer and manufacturer of supercapacitors and energy management systems - Secures a design win with an unnamed "major" Asia-based multinational conglomerate which provides advanced audio solutions. Cap-XX will integrate its supercapacitors into the customer's "next-generation" headphone platform, which is set for launch in October. The new solution will deliver "superior" performance across a temperature range from -25C to +65C, Cap-XX says. The company adds it is well-positioned for potential broader deployment across future product lines. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced in the past week and not separately reported by Alliance News: Read More
Cap-XX Ltd - Sydney-based manufacturer of supercapacitors for portable electronic devices - Signs strategic technology cooperation agreement with Lucerne, Switzerland-based electronic components manufacturer Schurter AG. The agreement aims to enhance the market position of both firms through leveraging synergies and pooling resources. Its primary focus is on collaborative projects within the field of energy storage technologies. The agreement outlines two cooperation types, smaller projects and idea exchanges and larger strategic initiatives. Notes that larger strategic initiatives will require sub agreements for implementation. Jointly developed intellectual property will be co-owned by both firms. Chief Executive Lars Stegmann says: "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." Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Cap-XX Ltd on Monday said its loss narrowed in the first half of its current financial year, following the resolution of a legal case. Read More
Cap-XX Ltd - Sydney-based manufacturer of supercapacitors for portable electronic devices - Signs strategic distribution agreement with JM elektronik SP ZOO, aimed at expanding its presence in Poland. JM is a Gliwice, Poland-based electronic component distributor. Cap-XX Chief Executive Lars Stegmann says: "This strategic alliance marks a significant milestone for CAP-XX as it continues to grow its international footprint and deliver advanced energy storage solutions for a smarter and more efficient world." Read More
Cap-XX Ltd - Sydney-based manufacturer of supercapacitors for portable electronic devices - Appoints Ariel Sivikofsky as interim chief financial officer for an initial period of 6 months. Adds that the intention is for him to stay in the role permanently thereafter. Says Sivikofsky has over 15 years experience as a CFO for both public and private companies and has worked in executive roles in across Europe and Australia. CAP-XX Chief Executive Officer Lars Stegmann says: "We are delighted to welcome Ariel Sivikofsky to the CAP-XX team and I look forward to working with him as we continue to grow the business." Read More
(Alliance News) - Cap-XX Ltd on Friday hailed its transformation into a customer-focused designer, as it reported an increased loss amid higher costs that outpaced revenue growth. Read More
CAP-XX Ltd - manufacturer of supercapacitors for portable electronic devices - Signs a contract with a new customer in the smart meter sector in South Africa following a successful design-in project. The contract is for an initial 12 months, with the majority of revenue expected to be recognised in the current financial year to June 30, 2025. Anticipates further orders from the new customer over the coming years as additional smart meter products are required for general maintenance of the product and from an increase in the number of end use customers. No financial details were disclosed. Read More
(Alliance News) - Cap-XX Ltd on Wednesday said it has signed an accord with National University of Singapore's Institute for Functional Intelligent Materials to advance new technology research & development. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More