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Skeleton Technologies and Sumitomo Corporation Europe sign agreement to distribute graphene-based ultracapacitors

Skeleton Technologies, Europe´s leading ultracapacitor manufacturer, has signed a distribution agreement with Sumitomo Corporation Europe with the aim of providing energy storage solutions for the rapidly growing hybrid electric and electric vehicle industry.

“We are excited to announce the agreement with Sumitomo Corporation Europe, it was a natural fit from the start. Sumitomo´s world-class distribution network and technical expertise in electrification enable us to expand our footprint in the automotive sector and tap into the company’s relationships with key players in the transportation industry”,
commented Taavi Madiberk, CEO of Skeleton Technologies, the Estonian-founded ultracapacitor manufacturer.

Skeleton Technologies is the global leader in graphene-based ultracapacitors and energy-storage systems. We deliver high power, high energy, reliable and long-life storage solutions across the industry. Through the use of patented ‘curved graphene’, we have achieved global breakthroughs in ultracapacitor performance.

Ultracapacitors are high power energy storage devices, which fill a vital gap in hybridization and electrification efforts in the automotive sector. With high power density, a recharge time of 2-3 seconds and over one million life cycles, ultracapacitors are unique in their ability to not only reduce CO2 emissions but also increase performance and be cost-effective for manufacturers.
In electric vehicles, graphene-based ultracapacitors can be used in tandem with lithium-ion batteries, doubling the battery lifetime and downsizing the cell receiving the peak power from ultracapacitors and the long-term energy from the batteries.

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