Corporate Development

CAP-XX was established in 1997 to develop and commercialise supercapacitor technology initiated by the CSIRO and Energy Storage Systems (ESS) in Australia. Significant milestones include:

2013 1400F prismatic cells and 16V modules are made available to automotive OEMs and components manufacturers for prototyping studies in micro-hybrid vehicles. In-vehicle field trials are completed with Club Assist. Murata launches the revolutionary DMF series supercapacitors based on CAP-XX’s technology.
2012 Further characterisation and field testing of large prismatic cells and modules for automotive and other applications is completed, including demonstrations of cold weather performance. Murata continues to extend its line of CAP-XX-derived supercapacitors with the launch of the long life DMG series.
2011

A new line of high energy supercapacitor cells and modules for use in automotive and other larger-scale applications developed and tested. Murata launches the DME and DMD series supercapacitors.

2010

CAP-XX completes the development of the world’s first surface mount-capable, high power supercapacitor. Murata commences volume production of its EDLC products based on technology licensed from CAP-XX.

2009

Agreement signed with Nationgate Technology Manufacturing of Malaysia to provide a second source manufacturing facility, and a primary source for the smaller footprint “A” and “Z” devices.

2008

Licensing agreement signed with Murata Manufacturing Co. Ltd of Japan to manufacture and sell small, prismatic supercapacitors powered by CAP-XX’s patent-protected, industry-leading technology.

2006

CAP-XX Ltd lists on the London Stock Exchange AIM Market.

2004

Manufacturing agreement signed with Polar Twin Advance of Malaysia. Key global distributor relationships established and production quantities of key products begin shipping.

2003

Additional production line components are installed and assembly automation completed. Sales tripled over the previous year.

2002

New electrolyte technology is developed to meet the needs of key customers. This involves partnering with Vision Systems/Invetech, an Australian company with world-leading expertise in manufacturing and commercialisation of technology, to develop major production line components.

2001

Series B funding is provided by Intel, Acer, and a number of global IT companies and venture capital organizations. Research and Development and Applications Engineering leaders are appointed, and the company launches its key products. An R&D Start Grant is received from the Australian Government.

2000

Series A funding is completed and the company’s first wireless mobile product design is delivered.

1999

CAP-XX ships its first product order. Seed capital is raised to build a pilot production plant. A predictive supercapacitor model is developed.

1998

CAP-XX receives its first engineering sample order for a thin, flat supercapacitor. Anthony Kongats is appointed CEO.

1997

ESS receives a US-Australian government research grant. CAP-XX is established as a wholly owned operating subsidiary of ESS. ESS licenses CAP-XX to develop and commercialise its intellectual property.

1996

Energy Storage Systems (ESS) is launched to commercialise the intellectual property arising from CSIRO’s supercapacitor research efforts.

1994

Anthony Kongats (founder of CAP-XX) partners with CSIRO to research and commercialise supercapacitor technology.