Maxwell Technologies, Inc. engages in developing, manufacturing, and marketing energy storage and power delivery products for transportation, industrial, information technology and other applications; and microelectronic products for space and satellite applications. Products and Applications The company’s products incorporate its know-how and proprietary energy storage and power delivery and microelectronics technologies at both the component and system levels for specialized applications that demand ‘life-of-the-application’ reliability. Ultracapacitors Ultracapacitors, also known as electrochemical double-layer capacitors (EDLC) or supercapacitors, store energy electrostatically by polarizing an organic salt solution within a sealed package. The company links its ultracapacitor cells together in multi-cell modules to satisfy energy storage and power delivery requirements of varying voltages. Both individual cells and multi-cell products could be charged from any primary energy source, such as a battery, generator, fuel cell, solar panel, wind turbine, or electrical outlet. The company offers ultracapacitor cells with capacitances ranging from 1 to 3,400 farads. Applications such as hybrid-electric bus, truck and auto drive trains, electric rail systems and UPS systems require integrated energy storage systems consisting of up to hundreds of ultracapacitor cells. To facilitate adoption of ultracapacitors for these larger systems, the company has developed integration technologies, including proprietary electrical balancing and thermal management systems and interconnect technologies. The company holds patents for certain of these technologies. It offers a range of standard multi-cell modules. The company’s standard multi-cell products each incorporate from 6 to 60 of cells to provide ‘plug and play’ solutions for applications requiring from 16 to 160 volts, and these modules are designed to be linked together for higher voltage applications. High-Voltage Capacitors Electric utility infrastructure includes switches, circuit breakers, step-down transformers and measurement instruments that transmit, distribute and measure high-voltage electrical energy. High-voltage capacitors are used to protect these systems from high-voltage arcing. Radiation-Hardened Microelectronic Products The company designs, manufactures, and markets radiation-hardened microelectronic products that include single board computers and components, such as memory and power modules, for the space and satellite markets. Majority of these products incorporate its proprietary RADPAK packaging and shielding technology and novel architectures that enable them to withstand the effects of environmental radiation and perform reliably in space. Marketing and Sales The company markets and sells its products worldwide through both direct and indirect sales channels for incorporation by integrators and OEM customers into a range of end products. The company has an alliance with Yeong-Long Technologies Co., Ltd. (YEC) to assemble and market small cell ultracapacitor products. In addition, it sells electrode material to YEC, both for Maxwell-branded products and for incorporation into YEC’s own ultracapacitor products, and to Shanghai Sanjiu Electric Equipment Company, Ltd., which has licensed its large cell architecture and has introduced its own brand of ultracapacitor products in China. Research and Development As of December 31, 2014, the company’s research and development expenditures totaled approximately $26.3 million. Intellectual Property As of December 31, 2014, the company held 95 issued U.S. patents and 20 published pending U.S. patent applications which relate to core technologies, processes and designs. Of these issued patents, 62 relate to ultracapacitor products and technology, 6 relate to high-voltage capacitor products and technology, and 27 relate to microelectronics products and technology. As of December 31, 2014, the company had 12 formal trademark registrations within the U.S. Government Regulation Certain of the company’s microelectronics products are subject to International Traffic in Arms export regulations when they are sold to customers outside the U.S. Customers Shenzhen Xinlikang Supply China Management Co. Ltd., accounted for 20% of the company’s total revenue, as of December 31, 2014. Competition Ultracapacitors: The company’s principal competitors in the supply of ultracapacitor or supercapacitor products are Panasonic, a division of Matsushita Electric Industrial Co., Ltd.; NessCap Co., Ltd.; LS Mtron, a unit of LS Cable; Supreme Power Solutions Co., Ltd.; Vina Technology Company, Ltd.; Samxon, a unit of Man Yue Technology Holdings, Ltd.; and Ioxus, Inc. High-Voltage Capacitors: The company’s principal competitors in the high-voltage capacitor markets include Coil Product Division of Trench Limited in Canada and Europe; and Hochspannungsgeräte Porz GmbH in Germany. Radiation-Hardened Microelectronic Products: The company competes with Honeywell, BAE Systems, Aeroflex, Texas Instruments, Analog Devices, Atmel, Micross Components, Microsemi Corporation and Teledyne Microelectronics. History The company was founded in 1965. It was incorporated in 1965. The company was formerly known as Maxwell Laboratories, Inc. and changed its name to Maxwell Technologies, Inc. in 1996.
maxwell technologies inc (MXW:Berlin)
3888 Calle Fortunada
San Diego, CA 92123
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