Nisshinbo Industries Inc.

a ramp up phase through power quality applications like UPS, then in full scale with the transport and industrial sector. This means they are realistic about the development time for their product to be accepted in the transport sector for example. The company seems to know well, where high power supercapacitor applications can be drive growth. On Mr. Madiberk words:"Although the market is growing at a 30% rate, additional growth has been stalled by the lack of high energy and power densities needed by high-performance applications" The company recently procured funding for an additional investment round.