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The latest update is out from CAP-XX Ltd ( (GB:CPX) ).
CAP-XX Limited announced the approval and receipt of an R&D tax credit of A$1.23 million from the Australian Tax Office. This funding is expected to support the company’s continued innovation in energy management solutions and strengthen its position in the electronics, automotive, and renewable energy markets.
More about CAP-XX Ltd
CAP-XX Limited is a leading company in the design and manufacture of thin, prismatic supercapacitors and energy management systems. These products are used in portable electronic devices and increasingly in larger applications such as automotive and renewable energy sectors. The company’s supercapacitors are known for their high-power density and energy storage capacity, making them ideal for power-hungry consumer and industrial electronics.
YTD Price Performance: -11.25%
Average Trading Volume: 178,233,247
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £8.18M
Learn more about CPX stock on TipRanks’ Stock Analysis page.
