Maxwell Technologies, Inc. announced that it will receive more than $500,000 in state and federal funding for collaborative energy storage research and development programs with three U.S.-based companies.
Maxwell will receive more than $300,000 for collaborative R&D programs with Connecticut-based battery manufacturer Yardney Technical Products, Inc., a Veteran Owned Small Business that has been in operation since 1944. Yardney has been awarded U.S. federal government Small Business Innovation Research (SBIR) grants in which Maxwell is participating as a key contributor and collaborator.