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Cap-XX Ltd on Wednesday said it has signed an accord with National University of Singapore’s Institute for Functional Intelligent Materials to advance new technology research & development. Cap-XX is a Sydney, Australia-based designer and manufacturer of supercapacitors and energy management systems. Cap-XX said the collaboration will focus on the development of advanced substrates with improved performance characteristics, and the exploration of new materials and their applications in technology. Cap-XX added that the partnership will offer NUS students practical industry experience. In turn, the firm expects a pipeline of ‘talented graduates’. Chief Executive Officer Lars Stegmann commented: ‘By combining our practical industry experience with the institute’s academic prowess, we are poised to make ground-breaking advancements that will benefit a wide range of sectors’. Cap-XX shares were down 7.1% to 0.32 pence each in London on Wednesday afternoon. Copyright 2024 Alliance News Ltd. All Rights Reserved.
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