Monday, July 6, 2015

Maxwell Technologies Gets $25M In Credit Facility

San Diego-based Maxwell Technologies, which develops ultracapacitor-based energy storage and other products, said today that it has received a $25M, three year revolving line of credit. The new funding will go towards working capital. Maxwell said the line comes from East West Bank. Terms of the credit line were not disclosed. Maxwell develops ultracapacitor products, power modules, and a number of other energy and aerospace related products.

---