Maxwell soars amid Tesla-related buzz

Maxwell (MXWL +15.3%) soared to new 52-week highs today on volume more than 5x its daily average.

No news has hit the wires to explain the move, which comes two days after Tesla provided details for its planned lithium-ion battery gigafactory.

Hopes that Tesla will use Maxwell's ultracapacitors in its EVs have been around for a while. Elon Musk has suggested ultracapacitors, which can recharge in a small fraction of the time needed by lithium-ion cells, could yield an energy storage breakthrough. But he also admits major improvements in energy density are needed before they can replace lithium-ion.

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Comments (3)
  • InvestorWisdom
    , contributor
    Comments (253) | Send Message
    MXWL is siting on next generation power storage technology and Musk loves the idea of Supercapacitors. The speculation alone could drive MXWL to new highs in THIS market.
    28 Feb 2014, 04:42 PM Reply Like
  • InvestorWisdom
    , contributor
    Comments (253) | Send Message
    For Musk to achieve his dream of using Ultra/Supercapacitors, he might need 1 or all of MXWL's 100+ patents and with the new battery factory about to be built and TSLA stock being red hot, now might be the time he makes his move.


    Technology Leadership


    Maxwell Technologies is a pioneering global leader in developing, manufacturing and marketing ultracapacitors, with millions of units now performing reliably around the clock worldwide. Ultracapacitors are energy storage and power delivery products that enable design engineers to create systems that optimize energy efficiency, performance, reliability and cycle life. We have been developing and producing power products since 1965, and have invested more than $100 million in research and product development that today translates into solutions that meet the stringent requirements of a broad range of electrical energy applications. Maxwell’s investments in research and development are protected by more than 100 issued U.S. patents and pending patent applications.


    A critical element of Maxwell ultracapacitors’ industry-leading cost position and unparalleled longevity and performance lies in our proprietary electrode fabrication process. Through this unique, environmentally compatible, solvent-free process, high-purity activated carbon powder is formed into carbon film and laminated onto aluminum foil substrate to produce super-capacitive double-layer electrode material. Wound or folded electrode and separator material are then sealed in a robust, hermetically sealed package and impregnated with high-performance electrolyte. The resulting ultracapacitors are extremely durable, maintenance-free products in a variety of form factors and capacitance ratings to meet the needs of applications ranging from hand-held devices to hybrid transit buses, wind turbines and more.




    Maxwell’s research and product development centers are located in San Diego, California, for ultracapacitor and microelectronic products and Rossens, Switzerland for high-voltage capacitor products. To safeguard proprietary processes and trade secrets, our ultracapacitor electrode fabrication and microelectronic and high-voltage capacitor product manufacturing are conducted only within company facilities. To take advantage of low-cost labor and commodity materials sourcing, we have formed relationships with fully certified offshore contract manufacturers for final assembly. These contract manufacturing relationships have been instrumental in optimizing product quality and reducing ultracapacitor manufacturing costs and give the company the ability to rapidly and efficiently expand ultracapacitor production capacity to keep pace with growing demand.
    28 Feb 2014, 04:48 PM Reply Like
  • CarlOC
    , contributor
    Comments (8) | Send Message
    Too much speculation here. Seems more likely the Korean use of ultracaps moved the stock. Consider the news that we have been waiting for and has not come to pass, China's use of ultracaps in their hybrid bus manufacturing. In the past that was a significant contributor to revenues.


    Perhaps a "pie in the sky" deal could come though with Musk, sometime in the future, but that is closer to pumper talk than reality. I'll take regular contracts over speculation and day of the week. And why add all the text from Maxwell's website, that is not your work. Seems like an attempt to substantiate speculation.


    Konrad writes valuable posts based on fundamentals and reality. This link was from a Forbes article that I'm sure has been posted on SA.

    2 Mar 2014, 12:33 PM Reply Like
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