July 1, 2014
FastCAP Announces Major Breakthrough in High Temperature Energy Storage
FastCAP Systems announced today that its newest technology, an ultracapacitor (ultracap) that reliably operates in extreme temperatures (200˚C, or roughly 400˚F), has successfully completed third party validation testing by Sandia National Laboratory. The newly validated ultracaps, celebrated as the highest temperature rechargeable energy storage devices in the world, mark a new frontier in ultracap development with major implications in a variety of industries, from energy exploration to defense, and vehicles to consumer electronics.
May 9, 2014
FastCAP Systems Acquires Key Technology from Canada-Based Calmena, Expands into New Oil, Gas and Geothermal Markets
BOSTON, MA – INNOVATION DISTRICT. FastCAP Exploration Technologies Ltd. (“FET”), a newly formed subsidiary of FastCAP Systems Corporation (“FSC”) in Boston, Massachusetts has acquired key technology, assets and team members of Calmena Energy Services Inc.’s (“Calmena”) Directional Drilling Technologies, based in Calgary, Alberta. FSC has developed and commercialized world record breaking high performance ultracapacitor based power systems, and intends for FET to focus specifically on FSC’s extreme environment products and services for the oil, gas and geothermal industries.