Maxwell Technologies

Flux Power Appoints Kevin Royal as Chief Financial Officer

Retrieved on: 
Monday, February 26, 2024

Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced the appointment of Kevin Royal, CPA, a seasoned finance and accounting executive, as Chief Financial Officer of the Company, replacing Chuck Scheiwe as part of a planned transition given the Company’s strong financial performance and inflection point.

Key Points: 
  • Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced the appointment of Kevin Royal, CPA, a seasoned finance and accounting executive, as Chief Financial Officer of the Company, replacing Chuck Scheiwe as part of a planned transition given the Company’s strong financial performance and inflection point.
  • Kevin Royal brings over 20 years of experience as a Chief Financial Officer for four publicly traded companies, with oversight of Finance, Accounting, IT, HR, Legal, Investor Relations, and M&A.
  • As Chief Financial Officer of Flux Power, Mr. Royal will provide financial leadership to assist in building on the Company's goal of delivering value to its shareholders by implementing short, medium and long-range financial planning, budget development, risk management, corporate strategic development, system implementation, process improvement, regulatory compliance reporting, financial reporting for management, internal controls and tax advice.
  • “On behalf of our board and management team, I would like to welcome Kevin as our Chief Financial Officer, and we are privileged to have someone of his caliber and financial skill set serve as our CFO,” said Ron Dutt, Flux Power Chief Executive Officer.

Mitek Appoints David Lyle as Chief Financial Officer

Retrieved on: 
Tuesday, December 19, 2023

Mitek Systems, Inc. (NASDAQ: MITK, Mitek or the Company), a global leader in digital identity and fraud prevention is pleased to announce the appointment of David Lyle as Chief Financial Officer (CFO).

Key Points: 
  • Mitek Systems, Inc. (NASDAQ: MITK, Mitek or the Company), a global leader in digital identity and fraud prevention is pleased to announce the appointment of David Lyle as Chief Financial Officer (CFO).
  • “I am thrilled to welcome David to Mitek,” said Mitek CEO Max Carnecchia.
  • David joins us during a pivotal scaling period for our Digital Banking and Identity businesses, bringing valuable expertise to the team.
  • I would also like to thank and acknowledge Fuad for his interim leadership and many contributions to the company this past year.”
    "I am excited to join the Mitek team and its purpose-driven culture,” David Lyle said.

AM Batteries Closes $30M Series B led by Toyota Ventures to Accelerate the Commercialization of its Dry Battery Electrode Technology

Retrieved on: 
Monday, December 4, 2023

CHELMSFORD, Mass., Dec. 4, 2023 /PRNewswire/ -- AM Batteries, a pioneer in the field of lithium-ion dry-electrode technologies, today announced it closed a $30M Series B in an oversubscribed funding round led by Toyota Ventures. New investment combines strategic corporate support from Porsche Ventures and Asahi Kasei, with financial investment from RA Capital Management - Planetary Health, Wilson Sonsini, and Industry Ventures. The round also includes existing investors such as Anzu Partners, TDK Ventures, Creative Ventures, Doral Energy-Tech Ventures, Foothill Ventures, and Zeon Ventures.

Key Points: 
  • The round also includes existing investors such as Anzu Partners, TDK Ventures, Creative Ventures, Doral Energy-Tech Ventures, Foothill Ventures, and Zeon Ventures.
  • In contrast, AM Batteries' dry battery electrode (DBE) process uses a "powder to electrode" method that reduces the number of steps to make a battery electrode from seven steps to four by removing the need for electrode drying and solvent recovery.
  • "Batteries are integral to the energy transition, and AM Batteries' dry electrode technology creates a necessary pathway for wide-scale deployment with a dramatically reduced CO2 emissions profile.
  • Shi will lead AM Batteries' team and further their groundbreaking battery coating process while Duong will be responsible for driving the development and commercialization of the dry powder coating technology and equipment for low-cost lithium-ion battery manufacturing.

AM Batteries Nabs Industry Veterans from Tesla, Celgard to Mass Produce Low CO2 Footprint Li-ion EV Batteries

Retrieved on: 
Thursday, October 19, 2023

CHELMSFORD, Mass., Oct. 19, 2023 /PRNewswire/ -- Today, AM Batteries (AMB), a pioneer in the field of lithium-ion dry-electrode technologies, announced the appointments of Lie Shi as the new CEO and Hieu Duong as Chief Manufacturing Officer. Shi will lead AMB's team and further their groundbreaking battery coating process while Duong will be responsible for driving the development and commercialization of the dry powder coating technology and equipment for low-cost lithium-ion battery manufacturing.

Key Points: 
  • Before AMB, he served as President of Celgard LLC, a world-renowned battery separator company based in the US that invented and commercialized a solvent-free process to produce microporous membranes for lithium-ion batteries.
  • His expertise and passion are to build robust lithium-ion battery supply chains in the U.S. and transforming battery production to be solvent-free with the lowest carbon footprint.
  • The global demand for lithium-ion batteries is expected to grow about 27% annually to reach 5-6TWh demand by 2030.
  • Onboarding these two highly respected, and accomplished industry experts is a major win for the company, and the industry at large."

Insights on the Ultracapacitors Global Market to 2027 - Increasing Applications of Supercapacitors in the Aviation Sector Presents Opportunities

Retrieved on: 
Friday, September 9, 2022

The Global Ultracapacitors Market is estimated to be USD 32.12 Bn in 2022 and is expected to reach USD 45.47 Bn by 2027, growing at a CAGR of 7.2%.

Key Points: 
  • The Global Ultracapacitors Market is estimated to be USD 32.12 Bn in 2022 and is expected to reach USD 45.47 Bn by 2027, growing at a CAGR of 7.2%.
  • Market dynamics are forces that impact the prices and behaviors of the Global Ultracapacitors Market stakeholders.
  • The report presents a detailed Ansoff matrix analysis for the Global Ultracapacitors Market.
  • The report offers a comprehensive evaluation of the Global Ultracapacitors Market.

Zeta Energy Corp. Announces Appointment of Michael Liedtke as Chief Commercial Officer

Retrieved on: 
Monday, July 11, 2022

HOUSTON, July 11, 2022 /PRNewswire/ -- Zeta Energy , a Texas-based corporation that has developed a safe, low-cost, high performance and sustainable battery for the electric vehicle and energy storage markets, announced today that is has formally appointed Michael Liedtke to the role of Chief Commercial Officer.

Key Points: 
  • HOUSTON, July 11, 2022 /PRNewswire/ -- Zeta Energy , a Texas-based corporation that has developed a safe, low-cost, high performance and sustainable battery for the electric vehicle and energy storage markets, announced today that is has formally appointed Michael Liedtke to the role of Chief Commercial Officer.
  • Michael Liedtke comes to the company with extensive energy storage experience.
  • As noted by Charles Maslin , CEO of Zeta Energy, "Michael Liedtke, with his vast knowledge of engineering and marketing in the field of energy storage, has been an incredibly valuable team member since he started with Zeta as head of business development.
  • His well-deserved promotion to Chief Commercial Officer appropriately reflects his role as a key member of our senior management team.

Supercapacitor Market worth $912 million by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, June 30, 2022

China is projected to account for the major share of the supercapacitor market in Asia Pacific from 2022 to 2027.

Key Points: 
  • China is projected to account for the major share of the supercapacitor market in Asia Pacific from 2022 to 2027.
  • Panasonic Industry (Japan), Eaton (Ireland), Nippon Chemi-Con (Japan), Maxwell Technologies (South Korea), and Cap-XX(Australia)are the top five players in the supercapacitor market are some of the key players operating in supercapacitor market globally.
  • Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".
  • MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.

Supercapacitor Market worth $912 million by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, June 30, 2022

China is projected to account for the major share of the supercapacitor market in Asia Pacific from 2022 to 2027.

Key Points: 
  • China is projected to account for the major share of the supercapacitor market in Asia Pacific from 2022 to 2027.
  • Panasonic Industry (Japan), Eaton (Ireland), Nippon Chemi-Con (Japan), Maxwell Technologies (South Korea), and Cap-XX(Australia)are the top five players in the supercapacitor market are some of the key players operating in supercapacitor market globally.
  • Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".
  • MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.

Global Automotive Starter Motors, Alternators and Ignitions Market Report 2021-2036 with Exclusive Interviews with OE Suppliers - ResearchAndMarkets.com

Retrieved on: 
Friday, June 24, 2022

The "Automotive Starter Motors, Alternators and Ignitions Market and Trend Analysis by Technology, Key Companies and Forecast, 2021-2036" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Starter Motors, Alternators and Ignitions Market and Trend Analysis by Technology, Key Companies and Forecast, 2021-2036" report has been added to ResearchAndMarkets.com's offering.
  • While stop-start systems have evolved, manufacturers of rotating electrics have also pushed back the technical boundaries of Starter Motors and Alternators.
  • For the top 14 markets it provides market size data and a 15-year forecast for:
    Original Equipment (OE) Starter Motor, Integrated Starter-Alternator and Alternators Market.
  • Exclusive interviews with OE suppliers including: Ambixtra Sustainable Technologies, Autolite, Cap-XX, Delphi, Denso Europe, Federal-Mogul, Ioxus, Maxwell Technologies, NGK, Productiv, Pulstar and others.

Ultracapacitors Market to Advance at CAGR of 16.28% During 2021-2031: TMR Study

Retrieved on: 
Wednesday, May 18, 2022

The authors of the TMR study have taken a closer look at trends enriching aerospace ultra-capacitors market share.

Key Points: 
  • The authors of the TMR study have taken a closer look at trends enriching aerospace ultra-capacitors market share.
  • Prominent electric vehicle manufacturers, the TMR study observed, are keenly tapping into this game-changing potential of ultracapacitors.
  • Rising use in diverse range of automotive and aerospace applications is constantly expanding the revenue potential of the ultracapacitors market.
  • Some of the key players in the ultracapacitors market are Maxwell Technologies, Panasonic, LS Mtron, and CAP-XX Limited.