US-based ultracapacitor company Ioxus, Inc. has acquired Power Systems, Ltd., a Japanese manufacturer of flexible, slim-pack electric double layer capacitors (EDLCs) with an extensive customer base in the Asia-Pacific region. With Power Systems’ proprietary high-power flat cell design, Ioxus says it gains the technological building blocks for creating flexible ultracapacitor energy storage solutions for a variety of applications.
The Power Systems acquisition comes a year after Ioxus’ purchase of Advanced Energy Conversion (AEC), a company that specializes in advanced power electronics and ultracap module designs. Power Systems adds another technology asset to the Ioxus product family with its flat prismatic ultracapacitor design in slim, flexible pouch cells.
Ioxus will continue to serve Power Systems’ customer base in Japan as part of its ongoing expansion into the Asia-Pacific region. The acquisition increases the scale of Ioxus’ business, especially in Japan, where Power Systems enjoys a significant share of the market for 100 Farad-plus-sized ultracapacitors.