Axion patent
Axion Power International, Inc. (OTC Bulletin Board: AXPW), the developer of advanced lead-carbon PbC® batteries, announced today that is has received notification from the United States Patent and Trademark Office that it has been granted an additional patent, its seventh, protecting aspects of its core supercapacitor technology. The new patent can be extended for up to a 20 year term.
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Axion has developed and patented a next generation energy storage device that won the prestigious Frost & Sullivan Technology Award for North America in the field of lead-acid batteries. According to Frost & Sullivan, Axion's new PbC® batteries have "the potential to revitalize the lead-acid battery industry by breathing new life into an established technology that is not well suited to the requirements of important new applications like hybrid electric vehicles and renewable power."
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