Ukrainian Company Yunasko Reaches Licensing Agreement with Chinese Company For Ultracapacitors Cells & Modules

In what represents the first instance of a Ukrainian company licensing a technology of this type to a Chinese company, Yunasko of Ukraine has reached an agreement with the Chinese company Power Tech to license its patented ultracapacitor technology. The licensing agreement pertains to both the manufacture and sales of Yunasko’s ultracapacitor cells and modules, for use in public transportation such as hybrid buses, subways, trams, etc.

Yunasko’s cells are, essentially, pouch type, symmetric carbon-carbon energy storage devices based on organic electrolytes. The technology has been tested at a number of different independent testing labs — including JME in the US — and has shown “market leading” properties and durability.

JME founder Dr John Miller has commented on the performance and testing results thusly: “Measured life for the YUNASKO ultracapacitors exceeded manufacturer’s specifications. Cells have been designed to have minimum ESR and these cells have the lowest DC resistance and exhibit the highest charge/discharge efficiency. The pilot production YUNASKO capacitors exhibited the longest life in terms of capacitance retention. Even with tripling of resistance these capacitors still have very low resistance values.”

Accompanying the licensing deal, Power Tech has reportedly created a 10,000 m2 ultracapacitor manufacturing facility in Hebi City in the Chinese province of Henan.

Power Tech’s CEO, Peer Nielsen, commented on the deal by stating: “We are going into production now and we are very excited about the market opportunity and our license agreement with Yunasko. The Yunasko technology is clearly superior to the best available and we plan to provide the Chinese market with a product produced in China that is competitive on both performance and price.”

Yunasko’s CEO, Vadim Utkin, chimed in as well: “We believe there is significant opportunity for Yunasko’s technology across several different markets in China like buses, renewable energy and mass transit, so expanding our partnership should provide Power Tech the opportunity to benefit from the increasing demand for ultracapacitor solutions.”

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