13th May 2025 11:52
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.
Cap-XX Chief Executive Officer Lars Stegmann says: "This design win is a strong endorsement of our technology and validates the value CAP-XX brings to next-generation consumer electronics. As devices become more compact and power-hungry, efficient energy storage becomes mission-critical. We are proud to support our customer's innovation journey and excited about the broader opportunities this relationship may unlock."
Current stock price: 0.13 pence each, up 19% on late Tuesday morning in London
12-month change: up 49%
By Tom Budszus, Alliance News slot editor
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