Maxwell in the News

Maxwell in the News

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DateTitle
9/19/2017 Gallery: Technical highlights of the Electric & Hybrid Vehicle Technology Expo

Automotive Safety Integrity Level (ASIL) is a risk classification scheme defined by a standard called ISO 26262 – Functional Safety for Road Vehicles. The two lowest-level ASIL standards, A and B, require that vehicles store energy using at least two different technologies. That requirement has proven to be a boon for ultracapacitor technology which may be able to serve as one of the storage methods.

9/19/2017 Maxwell Announces Proposed Offering of $50 Million Convertible Senior Notes Due 2022

SAN DIEGO, Sept. 19, 2017 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) ("Maxwell"), a leading developer and manufacturer of capacitor energy storage and power delivery solutions, today announced its intention to offer, subject to market and other conditions, $50.0 million aggregate principal amount of convertible senior notes due 2022 (the "notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Maxwell also expects to grant the initial purchaser of the notes an option to purchase up to an additional $7.5 million aggregate principal amount of notes.

9/19/2017 Maxwell Technologies Announces Amended Agreement with Viex Capital Advisors

SAN DIEGO, Sept. 19, 2017 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL) ("Maxwell" or the "Company"), a leading developer and manufacturer of capacitor energy storage and power delivery solutions, announced today that it entered into an Amended and Restated Agreement (the "Agreement") with Viex Capital Advisors, LLC and its affiliates ("Viex"), which amends and restates a prior agreement with Viex. In connection with entering into the new Agreement, including the removal by Viex of certain restrictive covenants in the Agreement, Maxwell agreed to provide a cash payment in the amount of $600,000 to Viex upon the closing of a successful convertible debt financing (the "Qualified Financing"); provided, however, that if Viex is eligible to participate in the Qualified Financing, then Viex has agreed to re-invest the cash consideration into the Qualified Financing. Additionally, Viex agreed to support certain initiatives related to the Company's 2018 Annual Meeting of Stockholders, including, notably, the nomination and election of directors standing for election at the meeting.

9/15/2017 MINUTE RATINGS MATTER

Customers often ask, “What type of battery works best with the Maxwell Engine Start Module (ESM)?” Since the Maxwell ESM handles the engine cranking, the number and type of batteries you need can be determined by the following factors.

8/25/2017 How Does Ultracapacitor Energy Storage Work?

Here’s a question the energy storage industry faces today: How can energy storage devices, such as ultracapacitors and batteries, collaborate as one system to maximize value for grid operators?

8/9/2017 Energy storage gets ready for its close-up

Energy storage technology keeps making strides, even though it’s still unclear just how dramatically it will change the grid. For the more than 2,000 storage devotees who have descended on the San Diego Convention Center for the Energy Storage North America conference, though, the future is now.

8/9/2017 Battery Technology and Vehicle Investments Continue to Expand

According to IDTechEx’s latest report, “Electric Buses 2018-2038,” the hybrid and electric bus market is set to grow to a $500 billion market as city populations continue to grow and regulatory demands increase around the world.

8/1/2017 5 Ways The US Is Leading In Renewable Energy

From wind power to electric vehicles and from corporations to consumers, the push for renewables is getting stronger. We’re reflecting on the country’s renewable energy milestones and celebrating future achievements. Here are some of the top highlights and predictions contributing to the nation’s rank as a leader in renewable energy.

7/20/2017 Advanced energy storage

Using a combination of ultracapacitors and batteries in vehicle energy storage architectures can help reduce emissions and increase cost savings.

7/18/2017 VSP News: Kolman's Korner, Episode 137 - Engine Idling

In this installment, Fleet Maintenance editor David A. Kolman visits with Jeff Brakley, senior marketing and business development manager, Maxwell Technologies, about idling diesel engines and some of the issues associated with doing this.

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