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

  • Ioxus uSTART® Battery Replacement for Heavy Equipment Increases Starting Reliability

    ONEONTA, N.Y., April 2, 2019 /PRNewswire/ -- Ioxus, Inc., a leading developer and manufacturer of ultracapacitors and energy storage products, announced today that the 24V uSTART® battery support system is now being offered as the heavy equipment industry's only drop-in replacement product that needs no special wiring. Using two group 31 batteries in series, with one 24V uSTART in parallel, users can replace their 4D battery in heavy equipment.

    The ultracapacitor-based product is designed with smart power electronics to assist in starting engines up to 50L for large off-road equipment.  Using the available Smartphone Bluetooth app, once the uSTART is connected to the batteries, users can look at the voltage of the batteries, the charge level of uSTART, initiate a jump start without connecting any wires, or put the unit into maintenance mode for safe removal or repairs.

    The goal of the uSTART system is to provide the vehicle with a start, no matter the condition of the existing batteries or external temperature. If the batteries run too low duread more...

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