Looking Back at the Year’s Top Energy Storage Developments

2011 is coming to a close, and there’s no better time than now to look back at some of the most exciting moments of the past 12 months. We’ve had an exciting year both at Ioxus and in the energy storage industry. Here are our favorite news stories of 2011:

  • In April, we closed our Series B round of financing with a $21 million investment. We’ve used this funding to grow our sales, marketing and manufacturing operations as well as support research and new advancements in the energy storage industry.
  • Elon Musk, CEO of Tesla Motors, voiced his confidence in ultracapacitors when he said electric vehicle (EV) industry growth has been hindered because of battery limitations, but now the industry is moving, “away from battery technology altogether, into the realm of the humble capacitor.”
  • In an exciting company development, we moved our headquarters to the former Soccer Hall of Fame in July. The new headquarters is five times larger in order to house our growing staff, and it also holds our state-of-the-art ultracapacitor manufacturing facility. Ioxus hosted NY politicians, officials and organizations for a great grand opening celebration.
  • As confirmation of the growing global demand for ultracapacitors, Ioxus broadened its customer reach with a distribution partnership with WPG Americas this August.
  • Impending CAFE standards mean automakers are searching for ways to improve fuel efficiency, and New York Times reporter Matthew Wald noted ultracaps as one such solution. Using an ultracap in combination with a battery will help meet the average 35.5 miles per gallon fuel requirement for 2016 models.
  • In October, Ioxus was named to the prestigious Global Cleantech 100, chosen from more than 4,000 nominees. This recognition is further confirmation of the rising global use of ultracaps.
  • This fall saw the launch of the first module in Ioxus’ iMOD series: the 16V/58F iMOD. The 16V iMOD provides high performance, high efficiency and high reliability in a ready-to-use package that undercuts existing market prices.

Here’s looking forward to 2012.

Latest News

  • uSTART® Lead-Free Replacement for Truck Batteries

    ONEONTA, N.Y.Jan. 9, 2019 /PRNewswire/ -- Ioxus uSTART® has received two fleet industry awards for sustainability by eliminating lead-acid batteries with its ultracapacitor-based, drop-in battery replacement.

    "With uSTART, fleets not only realize the benefits of improved starting reliability, there are equally important and real sustainability improvements from lead waste reduction," said Chad Hall, executive vice president and co-founder of Ioxus. "By replacing one of the batteries on a vehicle with a uSTART module, up to 15 fewer batteries are needed over the lifetime of the vehicle. This translates into 1,000 pounds of lead that will never need to be disposed of or allowed to affect groundwater."

    EU legislation on batteries is embodied in the European Battery Directive.  Its objective is to contribute to the preservation and improvement of environmental quality by minimizing the negative impact of batteries and battery waste.  As these preservation efforts expand, sustainable technologies develop to manage and mitigate these risks.

    Replacing a lead-acid battery with uSTART in a typical commercial vehicle creates measurable environmental benefits:

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