Ultracapacitor firm FastCAP Systems has entered into a manufacturing agreement with fellow US company Calvary Automation Systems.
The partnership will allow FAstCAP to produce its ultracapacitors on a large scale to meet growing demand from the aerospace, defence, automotive and stationary storage markets.
“This relationship is a great step for FastCAP towards addressing energy-related problems of scale,” said John Cooley, President and CTO of FastCAP Systems.
The firm, based in New York, US, manufactures high-energy and high-temperature ultracapacitors — which the firm says can reach up to 1,000,000 cycles in operating temperatures from -40°C to 150°C, and which can withstand high shock and vibration.
Earlier this year FastCAP signed a letter of intent with Mullen Technologies to pursue a joint venture (JV) to improve its electric vehicle range.
“By combining ultracapacitors with batteries in an electrified drivetrain, longer range and safer battery technologies become more feasible,” said Cooley at the time.