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Maxwell Technologies is an American developer and manufacturer headquartered in San Diego, California. The company focuses on developing and manufacturing energy storage and power delivery solution-related products for automotive, heavy transportation, renewable energy, backup power, wireless communications and industrial and consumer electronics applications.
|Traded as||NASDAQ: MXWL|
Russell 2000 Component
|Headquarters||3888 Calle Fortunada, San Diego, California, US|
|Franz Fink, President and CEO|
Engine Start Module (ESM)
Backup power systems
Number of employees
The company was founded in 1965 as Maxwell Laboratories Inc. by Raymond C. O'Rourke, Alan Kolb, Bruce Hayworth, and Terrence C. Gooding in San Diego, California. Maxwell Laboratories was originally a government contractor, providing advanced physics, pulsed power, space effects analysis and other research and development services to the U.S. military and other government agencies. The company began converting its focus to commercial applications for its technologies and products in the early 1990s, and now generates all of its revenue from commercial sources. In 1996, Maxwell Laboratories, Inc. changed its name to Maxwell Technologies, Inc.
Maxwell Energy Products, a division that included the Maxwell High Voltage Capacitor product line, was acquired in March 2000 by General Atomics, eventually merging into General Atomics Electronic Systems, Inc. in 2003.
In 2007, Maxwell Technologies won $3 million contract from Astrium Satellites to supply computers for European Space Agency’s ‘Gaia’ Astronomy mission. Maxwell supplied seven Maxwell SCS750 SBCs to process images and data gathered by the satellite’s camera.
In December 2013, Maxwell Technologies signed a memorandum of understanding (MOU) with SK Innovation to develop the next generation energy storage solution with Maxwell’s ultracapacitors and SK’s lithium-ion batteries.
In April 2016, Maxwell completed its sale of the Microelectronics product line to Data Device Corporation.
- “About Maxwell Technologies” website, accessed 5 February 2014
-  “Dr. Alan C. Kolb, 77; co-founded Maxwell Labs in San Diego” U-T San Diego, accessed 5 February 2014
- “Business Summary”, Yahoo Finance – Maxwell Technologies (MXWL), accessed 5 February 2014
-  “Maxwell Technologies Wins $3 Million Contract From Astrium Satellites to Supply Computers for European Space Agency's 'Gaia' Astronomy Mission”
- “Maxwell Technologies creating $26M facility in Peoria”, Phoenix Business Journal, accessed 6 February 2014
- “Maxwell and SK to Jointly Develop Ultracap/Battery Combo”, Charged Electric Vehicle Magazine, accessed 6 February 2014
- “Maxwell Technologies Completes Sale of Microelectronics Product Line to Data Device Corporation for $21 Million, accessed 4 May 2016
- "Maxwell Technologies to Acquire Nesscap Energy Business". investors.maxwell.com. Retrieved 2017-08-02.
- "Tesla Plans to Acquire Maxwell Technologies in Deal Valued at $218 Million". Fortune. February 4, 2019. Retrieved February 4, 2019.
- Lambert, Fred (February 4, 2019). "Tesla acquires ultracapacitor and battery manufacturer for over $200 million".