Maxwell Technologies Inc. (San Diego, CA) announced that it has entered into a strategic alliance with Hydrogenics Corp. to collaborate on integrating Maxwell's BOOSTCAP® ultracapacitors into Hydrogenics' fuel cell power systems to optimize system performance, cost and longevity. The alliance consists of a joint development program to accelerate integration of ultracapacitor and fuel cell technologies, and provides for Maxwell to be Hydrogenics' preferred ultracapacitor supplier for a period of four years.
"Hydrogenics is a recognized world leader in development and commercialization of hydrogen fuel cell technology, and is working with a number of high-profile partners and suppliers to advance fuel cell power in a variety of applications," said Maxwell President and Chief Executive Officer Richard Balanson. "This agreement broadens and formalizes an ongoing relationship that has enabled both companies to see first-hand how well our technologies complement each other in delivering high-performance, low-cost solutions.
