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Maxwell Gets a Boost from Swiss

February 24, 2012 in EVs by Rich Piellisch  |  No Comments

San Diego’s Maxwell Technologies (NASDAQ:MXWL) said that its Swiss subsidiary will receive approximately $600,000 from the Switzerland government to improve manufacturing processes and enhance performance of its Condis brand high-voltage capacitor products applicable to smart grid development.

The funding is being provided by the Commission for Technology and Innovation of the Swiss Federal Department of Economic Affairs to support a collaborative program with the Swiss Federal Laboratories for Materials Science and Technology. A 30-month program will commence March 1.

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