Ioxus Acquires Ultracapacitor Manufacturer Power Systems, Ltd.
Ioxus, Inc. announced that it 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 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 critical technology asset to the Ioxus product family with its flat prismatic ultracapacitor design in slim, flexible pouch cells.