Business
Appointment of CTO and Technology Update
Appointment of CTO and Technology Update.
About this update from Cap-xx Limited
[{"type":"text","content":"\n\nREACH\n \n25 June 2024\nCAP-XX Limited\n(\"CAP-XX\" or \"the Company\")\nAppointment of CTO and Technology Update\nThe Board of CAP-XX Limited, a world leader in the design and manufacture of supercapacitors and energy management systems, is pleased to announce the appointment of Dr Alex Bilyk as Chief Technology Officer (CTO) and to update the market on technology developments at the Company.\nAppointment of Chief Technology Officer (CTO)\nDr Alex Bilyk has been appointed as Chief Technology Officer of the Company in a non-Board capacity, having previously been Head of R&D.\n \nAlex completed his undergraduate degree with honours in Chemistry at the University of Western Australia. He then pursued his PhD in Chemistry at the University of Sydney following which he returned to the University of Western Australia for a three-year post-doctoral project, which included a prestigious three-month visiting scientist position at the University of Strasbourg.\n \nAlex brings a wealth of experience in supercapacitors, synthetic chemistry, polymer chemistry, surface modification, material synthesis, and computational chemistry. His diverse expertise is complemented by a deep passion for industrial research and a strong commitment to the creation, protection, and management of intellectual property. As a key player at CAP-XX for the last ten years, Alex has been instrumental in driving innovation in the field of energy storage.\n \nTechnology and Product Development Update\n \nFurther to the Company's previous announcements and alongside its suite of existing products, CAP-XX is pleased to provide an update on two new important products that continue to be developed and have the potential to make a significant impact on the supercapacitor industry as well as opening new markets for CAP-XX. The first is the DMH Prismatic Series which are pouch supercapacitors, less than 500 microns thick, developed for the consumer electronics industry. The second is the SMT Cylindrical Series, a class of cylindrical supercapacitors utilising the Company's unique surface mount technology (\"SMT\"). This product can go throw a reflow oven; transforming the industry which currently uses wave or hand soldering.\n \nProgress with the DMH Prismatic Series\n \nCAP-XX is pleased to report that samples are now ready for cu...