Press Releases

Press Releases

For an archive of all press releases visit our investors page
DateTitle
2/4/2019 Maxwell Technologies Announces Definitive Merger Agreement with Tesla, Inc.

SAN DIEGO, Feb. 4, 2019 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL or the "Company" or "Maxwell"), a leading developer and manufacturer of energy solutions, today announced it has entered into a definitive agreement (the "Merger Agreement") to be acquired by Tesla, Inc. (Nasdaq: TSLA or "Tesla"). Tesla will commence an all stock exchange offer for all the issued and outstanding shares of the Company (the "Offer"), after which the Company will be merged with a Tesla subsidiary and become a wholly owned subsidiary of Tesla.

1/9/2019 Maxwell Technologies Launches New 3-Volt (3.0V) Platform for Full Range of Market Applications

SAN DIEGO, Jan. 9, 2019 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL), the leading developer and manufacturer of energy storage and power delivery solutions, today announced the launch of a new full-featured 3.0-volt (3.0V) product platform.

12/19/2018 Maxwell Technologies Completes Sale of its High Voltage Product Line to Renaissance Investment Foundation for $55.1 Million Plus Up to $15 Million in Future Pay-outs

SAN DIEGO and LAUSANNE, Switzerland, Dec. 19, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL), a leading developer and manufacturer of energy storage and power delivery technology, today announced it has simultaneously signed and closed a definitive agreement to sell its High Voltage (HV) product line to Renaissance Investment Foundation.

11/6/2018 Maxwell Reports 2018 Third Quarter Results

SAN DIEGO, Nov. 6, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL), a leading developer and manufacturer of energy storage and power delivery solutions, today reported results for its 2018 third quarter for the period ended September 30, 2018.

9/5/2018 Maxwell Technologies Announces Ultracapacitor Grid Energy Storage Subsystem Design-in with Siemens Transmission Solutions to Stabilize Global Power Grids

SAN DIEGO, Sept. 5, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL), a leading developer and manufacturer of energy storage and power delivery solutions, today announced a grid energy storage subsystem design-in with Siemens to deliver economical, fast responding, long life grid voltage and frequency support solutions.

8/13/2018 Maxwell Announces Closing of Public Offering and Full Exercise of Underwriters' Option

SAN DIEGO, Aug. 13, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL) ("Maxwell"), a leading developer and manufacturer of capacitor energy storage and power delivery solutions, today announced the closing of its previously announced underwritten public offering of 7,590,000 shares of its common stock at a public offering price of $3.25 per share. This includes the exercise in full by the underwriters of their option to purchase up to 990,000 additional shares at the public offering price. Including the proceeds from the sale of these additional shares, the Company received total net proceeds of approximately $22.9 million from the offering, after deducting the underwriting discounts and commissions and estimated offering expenses payable by the Company.

8/7/2018 Maxwell Commences Public Offering of Common Stock

SAN DIEGO, Aug. 7, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL) ("Maxwell"), a leading developer and manufacturer of capacitor energy storage and power delivery solutions, today announced that it has commenced an underwritten public follow-on offering of 6,000,000 shares of its common stock to be sold by the Company. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to 900,000 additional shares. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

6/27/2018 Maxwell Technologies Launches Advanced Energy Storage Power Delivery Solutions for Utility Grids and Microgrids

SAN DIEGO, June 27, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL), a leading developer and manufacturer of energy storage and power delivery solutions, today announced the launch of two new highly scalable products to deliver reliable, fast responding, long lifetime storage in grids and microgrids. Having deployed over 65 million ultracapacitors globally with more than eight million in grid applications, these ready-to-integrate products address the growing need for power-intense grid services, and feature advanced utility grade control and communications to facilitate integration at the transmission, distribution substation and commercial/industrial level.

5/8/2018 Geely/Volvo Awards Maxwell Technologies with Ultracapacitor Subsystem Design Win for 2020 Model Year Platforms

Geely/Volvo Awards Maxwell Technologies with Ultracapacitor Subsystem Design Win for 2020 Model Year Platforms

4/18/2018 Maxwell Technologies Reports Preliminary First Quarter 2018 Revenue

SAN DIEGO, April 18, 2018 /PRNewswire/ -- Maxwell Technologies, Inc. (NASDAQ: MXWL), a leading developer and manufacturer of capacitor-based energy storage and power delivery solutions, today announced preliminary unaudited revenue results for the first quarter of 2018.

123456