Maxwell Technologies to receive more than $500K in funding for collaborative energy storage programs
Maxwell Technologies, Inc., a leading producer of ultracapacitor-based energy storage products, will receive more than $500,000 in state and federal funding for collaborative energy storage research and development programs with three US-based companies.
Maxwell will receive more than $300,000 for collaborative R&D programs with Connecticut-based battery manufacturer Yardney Technical Products, Inc., which has been awarded US federal government Small Business Innovation Research (SBIR) grants in which Maxwell is participating as a key contributor and collaborator.
The programs focus on application of Maxwell’s proprietary, solvent-free, electrode fabrication process to produce high-performance, low-cost, lithium-ion battery electrode material, and on integration of Maxwell’s high power-density ultracapacitors and Yardney’s high energy-density batteries for optimized energy storage solutions for transportation, industrial and other applications.
Maxwell will also receive more than $200,000 in funding through energy storage technology collaborations with two Ohio-based materials producers that have been awarded development grants from that state’s Ohio Third Frontier program.
One involves testing and evaluation of advanced activated carbons produced by Calgon Carbon Corp. at Calgon’s Columbus, Ohio facility, with a goal of establishing a domestic source of high-performance, low-cost carbon for ultracapacitors.
The second involves testing and evaluation of novel graphene material produced by Dayton, Ohio-based Nanotek Instruments, Inc., to determine how graphene might be used to increase the energy density of ultracapacitors.