This firm produces supercapacitors for tech devices.
Does anyone know much about this company or invested in them?
Raised £2.75m today. Due £600k from Aussie Tax rebate (21st October RNS). So £3.35m cash, and will be circa £5m market cap after shares issued.
Dr Graham Cooley investing £240k into fund raise, on directors and ex head of ITM Power.
Schurter investing to maintain their 4.7% holding. These are huge and already working with co.
Could be a time to snaffle a few of these and tuck them away. Think super capacitors, fast charging scenarios with green / ev / battery storage markets incoming.
A bit of info on it all.
“While traditional batteries store electric energy on a chemistry basis, supercapacitors do so on the basis of physics. The energy is stored as electrostatic charge, within an electrochemical double layer at the boundary between an organic electrolyte and activated carbon layers,” explains energy storage engineer Brandon of ESA’s Energy Storage section.
“This means they can both store and discharge power at a very fast rate that batteries cannot match, for many thousands of cycles with almost no internal resistance. However they have the corresponding disadvantage that they possess a lower overall energy density, so are able to store only a fraction the amount of energy of a battery with the same mass.”
Supercapacitors are, for instance, often used within electric and hybrid cars, storing the electric energy generated by braking wheels for later reuse and supplying power boosts for rapid acceleration.”
Another article. I’ll leave it here, but worth a read.
1 Like
Munich