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Keyword: ultracapacitors

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  • Tesla Buys Battery Technology Firm Maxwell for $218 Million

    02/05/2019 11:06:30 AM PST · by SunkenCiv · 43 replies
    The Street ^ | Monday, February 4, 2019 | Martin Baccardax
    Tesla Inc. (TSLA) said Monday it will buy Maxwell Technologies Inc. (MXWL) , a battery technology firm based in San Diego, for around $218 million. Telsla will pay $4.75 for each Maxwell share, the company said, a 54.7% premium to its closing price Friday of $3.07, and bring the company into the corporate fold as a wholly owned subsidiary. "We are very excited with today's announcement that Tesla has agreed to acquire Maxwell. Tesla is a well-respected and world-class innovator that shares a common goal of building a more sustainable future," said Maxwell CEO Franz Fink. "We believe this transaction...
  • Nanotube ultracapacitors promise the first alternative to conventional batteries in 200 years

    02/13/2006 1:27:18 PM PST · by Neville72 · 86 replies · 2,143+ views
    GizMag ^ | 2/14/2006 | Staff
    Nanotube ultracapacitors promise the first economically viable alternative to conventional batteries in 200 years February 14, 2006 Almost everything we use requires electrical storage via a battery - computers, cell phones, cars, personal entertainment devices and much more – and as compelling functionality has increased in the digital age, so too has our reliance on the traditional battery which has changed little since it was developed by Alessandro Volta in 1800. Now, work at MIT's Laboratory for Electromagnetic and Electronic Systems (LEES) holds the promise of the first technologically significant and economically viable alternative to conventional batteries in more than...