Maxwell Technologies Inc. (Nasdaq: MXWL) announced today that Continental AG, one of the world’s leading automotive electronics suppliers, has selected Maxwell’s BOOSTCAP® ultracapacitors as the energy storage element of a "boardnet" stabilization system it is developing for a major automaker.
David Schramm, Maxwell’s president and CEO, said that Continental has advised the company to prepare to begin delivering initial series production volumes in the second half of 2009 for the 2010 automotive model year.
"After many years of design and development work on automotive applications, this design win for a high-volume series production program is a very significant milestone for Maxwell," Schramm said. "Over the life of this program, Continental will require very large quantities of ultracapacitor cells to produce these boardnet stabilization modules."
In this application, ultracapacitors provide a reservoir of standby power to ensure stable functioning of the vehicle’s electrical system when multiple power demands tax the system. Schramm said that Maxwell is working with Continental on other automotive programs, and with other Tier 1 suppliers, automakers and heavy vehicle OEMs on ultracapacitor-based solutions for other electrical subsystem applications, such as capacitive starting, as well as for a wide range of energy-efficient, low-emission, electric and hybrid drive train configurations.
"We continue to focus on aligning ourselves with industry leaders such as Continental, and on expanding and enhancing our design and production capabilities to solidify our position as the leading and lowest-cost producer of ultracapacitor-based solutions to accelerate BOOSTCAP® ultracapacitor products’ penetration of these key strategic markets," Schramm said.
Maxwell Technologies is a developer and manufacturer of energy storage and power delivery solutions. The BOOSTCAP® ultracapacitor cells and multi-cell modules provide power solutions for applications in consumer and industrial electronics, automotive, transportation and telecommunications.
The company’s CONDIS® high-voltage grading and coupling capacitors help to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution and measurement of high-voltage electrical energy.
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