Oneonta, N.Y.-based Ioxus Inc., a developer and manufacturer of ultracapacitor technologies for a wide range of energy-storage markets, has launched its first family of electric double-layer capacitors and power modules for military, transportation and alternative energy applications. Ioxus' family of ultracapacitors provides smaller-sized solutions with more capacitance and greater power densities, the company says.
Ioxus' ultracapacitors extend the charge time and reduce the use of batteries for wind farms, electronics, hybrid vehicles and material handling equipment. The company also is working towards AS9100 and ISO-9001 certification.
‘The cyclical nature of solar, wind and wave systems requires a means to temporarily store energy and deliver power when required,’ says Chad Hall, chief operating officer at Ioxus.
The New York State Energy Research and Development Authority awarded up to $1.5 million to Ioxus in April 2009 to support the company's manufacturing facilities. As a result of the NYSERDA program, Ioxus raised $5 million in venture capital funding to support the manufacturing and development of its solutions.
SOURCE: Ioxus Inc.