1. Nesscap Receives $20M from Russia for Supercapacitor Manufacturing

    Nesscap Receives $20M from Russia for Supercapacitor Manufacturing
    Russian Government-owned Rusnano and I2BF have invested a combined $20 million in ultracapacitor maker Nesscap Energy. Nesscap will use the proceeds for the establishment of a full-scale production facility for ultracapacitors and accompanying research center in the Russian Federation (US $15,000,000), and for the expansion of Nesscap’s current manufacturing and core R&D operations in Korea, and for general corporate purposes (US $5,000,000).
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