Cap-XX Ltd - Sydney-based manufacturer of supercapacitors for portable electronic devices - Signs strategic distribution agreement with JM elektronik SP ZOO, aimed at expanding its presence in Poland. JM is a Gliwice, Poland-based electronic component distributor. Cap-XX Chief Executive Lars Stegmann says: ‘This strategic alliance marks a significant milestone for CAP-XX as it continues to grow its international footprint and deliver advanced energy storage solutions for a smarter and more efficient world.’
On Wednesday, Cap-XX announced the first shipment of co-branded supercapacitor products was on route to Schurter AG’s warehouse in Switzerland. Schurter CEO Bruno Zemp says: ‘This first shipment of supercapacitors represents a significant next milestone in our great partnership with CAP-XX and is equally fantastic news for our customers.’
Current stock price: 0.14 pence each, up 4.00% on late Friday morning in London
12-month change: down 77%
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