CAP-XX shares soared on Tuesday after announcing it has secured a significant design win with one of the world’s largest semiconductor chip manufacturers.
The company said the deal marks a key milestone as it deepens its penetration into high-growth industrial sectors. Investors cheered the news, and shares surged over 50%.
The partner remains unnamed due to the commercial sensitivity of the partnership.
The project involves integrating CAP-XX’s supercapacitors into high-temperature electric chambers used in semiconductor fabrication. These demanding environments require power solutions that can withstand extreme heat whilst maintaining reliability—conditions where traditional batteries often fail due to temperature sensitivity and shortened lifespans.
“This is an exciting validation of our technology by a global industry leader,” Lars Stegmann, CEO of CAP-XX, commented.
“Our ability to deliver high-performance energy solutions in challenging conditions continues to set us apart. We look forward to expanding this relationship and driving further adoption of CAP-XX supercapacitors in high-value industrial applications.”
Today’s gains mean CAP-XX shares are 190% higher in 2025, so far.