Rheinmetall and PolyCharge Announce Joint Venture to Commercialize Innovative Capacitor Technology in Europe

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NEUSS, Germany and TUCSON, Ariz., Jan. 12, 2022 /PRNewswire/ — Rheinmetall (RHM.DE) and PolyCharge America (www.polycharge.com) immediately introduced the formation of Rheinmetall PolyCharge, GmbH (the “JV”) for the manufacturing, growth, and advertising of NanoLam™ DC-Hyperlink capacitors in Europe.

“Diversifying PolyCharge’s manufacturing base is essential as we transition to excessive quantity manufacturing of NanoLam™ capacitors for automotive, aerospace, and industrial markets,” stated Steven Yializis, Chief Working Officer of PolyCharge America. “Rheinmetall’s technical depth, utility experience, and powerful presence in Europe make it a great companion – permitting for fast growth on this essential and rising market,” added Mr. Yializis.

The JV is answerable for the commercialization of all NanoLam™ merchandise inside Europe and is within the planning phases to construct a NanoLam™ plant inside the area. Rheinmetall’s choice to enter the capacitor market was pushed by the rising demand for DC-link capacitors for automotive inverters “Rheinmetall is positioning itself to fulfill the rising demand for these elements,” stated Mr. Rene Gansauge, CEO of Rheinmetall’s Sensors and Actuators Division. He continued, “PolyCharge’s NanoLam™ merchandise are considerably smaller, lighter, and capable of function at larger temperatures – an actual quantum leap in comparison with the present state-of-the-art.”

About PolyCharge America, Inc.
PolyCharge (www.polycharge.com) was fashioned by Sigma Applied sciences (www.sigmalabs.com) to commercialize its NanoLam™ Expertise for electrical drive automobiles, renewable vitality inverters, medical, aerospace, and industrial mobility functions. The corporate’s headquarters, engineering, and product growth middle are situated in Tucson, Arizona.

About Rheinmetall AG
Based in 1889, Rheinmetall is an built-in expertise group with greater than 25,000 staff worldwide. Rheinmetall, with places all through the world, operates in numerous markets with an modern vary of services. Rheinmetall is a famend growth companion and direct provider to the worldwide automotive trade and a number one worldwide techniques supplier for safety expertise.