Maxwell Technologies, Inc. (NASDAQ:MXWL) was established in 1965, formerly known as Maxwell Laboratories, Inc., and changed to its current name in 1996 , Headquartered in San Diego, California, USA, with 450 full-time employees. The company serves a wide range of industries such as energy, transportation, automobiles, information technology, renewable energy and industrial electronics, providing energy storage power transmission equipment.
Maxwell Technologies (MXWL):
In 1965, Raymond C. O’Rourke, Alan Kolb, Bruce Hayworth, and Terrence C. Gooding founded Maxwell Laboratories Inc. in San Diego, California, which was the predecessor of Maxwell Technologies, Inc.
Maxwell Laboratories was originally a government contractor, providing advanced physics, pulse power, space effects analysis, and other research and development services for the US military and other government agencies. Maxwell Technologies began to shift its business focus to the commercial application of its technology and products in the early 1990s. Currently, it mainly derives revenue from business. In 1996, Maxwell Laboratories, Inc. changed its name to Maxwell Technologies, Inc.
Maxwell Technologies, together with its subsidiaries, is engaged in the development, manufacturing and sales of leading energy storage and power transmission products worldwide. The supercapacitors provided by Maxwell are widely used in transportation, automobiles, information technology, renewable energy, industrial electronics and other industries to provide energy storage and power transmission equipment and solutions.
Maxwell Technology also provides CONDIS high-voltage capacitors (including classification and coupling capacitors) and electronic voltage transformers used to ensure the safety and reliability of power infrastructure and high-voltage transmission and transformation power distribution and measurement.
In addition, Maxwell Technology also provides radiation hardening equipment for microelectronic products composed of single-board computers and components, such as high-density memory and data conversion module applications for satellites and spacecraft. Maxwell sells its products to integrators and equipment manufacturers through direct and indirect sales channels for the manufacture of a series of end products.
Maxwell Technologies (MXWL) History:
- In 2003, Maxwell Energy Products (including Maxwell High Voltage Capacitor product line) under Maxwell was acquired by General Atomics and merged into General Atomics Electronic Systems, Inc. in 2003.
- In 2007, Maxwell Technologies won a US$3 million contract from Astrium Satellites to provide computers for the European Space Agency’s Gaia astronomy mission. Maxwell provided 7 Maxwell SCS750 SBCs for processing the images and data collected by satellite cameras.
- In November 2013, Maxwell Technologies opened a manufacturing plant in Peoria, Arizona. In December of the same year, Maxwell Technologies signed a Memorandum of Understanding (MOU) with SK Innovation to develop next-generation energy storage solutions together with Maxwell’s supercapacitors and SK’s lithium-ion batteries.
- In April 2016, Maxwell completed the sale of the Microelectronics product line to Microsoft .
- In April 2017, Maxwell Technologies completed the acquisition of Nesscap Energy Business.
Maxwell Technologies (MXWL) investment reference:
As a leading company in the capacitor industry, Maxwell MXWL is officially used in household, industrial and aerospace industries, and its super capacitor products are worthy of long-term attention.