22nd Dec 2020 10:11
(Alliance News) - Shares in CAP-XX Ltd surged on Tuesday after it said it has shipped made its first customer shipments of supercapacitors from its new production lines at its facility in Seven Hills, Sydney.
The stock was trading 21% higher at 9.49 pence each on Tuesday morning in London.
The Australia-headquartered supercapacitors and energy management systems manufacturer noted the production of the supercapacitors to customers' requirements follows the successful installation of its Murata production lines.
Positively, CAP-XX added it has seen a continued increase in the level of customer enquiries and sales orders.
By Ife Taiwo; [email protected]
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