Maxwell Technologies Inc. (San Diego, CA) announced that its PowerCache ultracapacitors have been selected by Avista Labs (Spokane, WA) to optimize performance and reduce the cost of its modular fuel cell systems and components.
Carl Eibl, Maxwell's president and CEO, and J. Michael Davis, Avista Lab's CEO, report that the companies have signed a multi-year agreement and are exploring areas of mutual interest for a broader strategic relationship.