The Harju Elekter-backed ultracapacitor producer will develop automated production technology with funding secured from the German government.

Skeleton Technologies, an Estonia-based ultracapacitor developer backed by electrical equipment maker Harju Elekter, has agreed €51m ($61m) of funding from Germany’s Federal Ministry for Economic Affairs and Energy and the Free State of Saxony. Founded in 2009, Skeleton is developing graphene-based ultracapacitor cells, modules and systems used for energy storage. The company’s ultracapacitor products are…

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