PolyCharge and Globe Capacitors Forge Strategic Partnership to Bring Advanced NanoLam™ Technology to Global Markets
PolyCharge America, Inc. ("PolyCharge") announced today that it has signed a Term Sheet with Globe Capacitors Pvt. Ltd. ("Globe Capacitors") to supply its advanced NanoLam™ Products for use in Globe Capacitors' finished capacitor products. As part of this collaboration, Globe Capacitors is expected to incorporate PolyCharge’s NanoLam™ technology into its products and to use the NanoLam™ trademark in its marketing and sales efforts. The parties anticipate finalizing a definitive agreement in the near future.
“Our collaboration with Globe Capacitors represents an exciting opportunity to expand the reach of NanoLam™ products into new markets," said Steven Yializis, Chief Operating Officer of PolyCharge. "With Globe Capacitors' manufacturing expertise and stellar reputation within the India market, we are confident that this partnership will deliver innovative capacitor solutions that meet the evolving needs of our customers both in India and throughout the world.”
PolyCharge's NanoLam™ technology is set to redefine the performance standards in the capacitor market, offering high energy density, improved reliability, and compact form factors, making it ideal for a wide range of applications, including electric vehicles, renewable energy systems, and industrial power supplies.
“Partnering with PolyCharge allows us to bring cutting-edge technology to our customers, enabling us to offer superior performance in our finished capacitor products," said Sanjay Agarwal, President of Globe Capacitors. "This Supply and Licensing Agreement strengthens our product portfolio and reinforces our commitment to delivering high-quality, advanced solutions in the power electronics industry.”
The parties have committed to a joint press release and co-marketing initiatives to promote the integration of NanoLam™ technology into Globe Capacitors’ product line. This agreement is expected to provide a foundation for future collaboration on next-generation capacitor products, ensuring both companies remain at the forefront of innovation.
About PolyCharge
PolyCharge was formed by Sigma Technologies (www.sigmalabs.com) to commercialize its NanoLam™ Technology for electric drive vehicles, renewable energy inverters, medical, aerospace, and industrial mobility applications. The company's headquarters, engineering, and product development center are located in Tucson, Arizona. For more information, visit www.polycharge.com.
About Globe Capacitors
Globe Capacitors Pvt. Ltd., headquartered in Faridabad, India, is a leading manufacturer of high-quality capacitors for a variety of applications, including consumer electronics, industrial equipment, and renewable energy solutions. Established in 1982, the company is the largest producer of metallized polypropylene (MPP) film and electrolytic capacitors in India, with an impressive production of over 110 million capacitors in 2024. With decades of expertise in capacitor manufacturing, Globe Capacitors is committed to delivering reliable, innovative, and customized solutions that meet the demands of a rapidly evolving market. Serving industries worldwide, the company exports its products across the globe. Known for its robust R&D, stringent quality control, and timely delivery, Globe Capacitors thrives on a vision of “Energizing The Future.”
For more information, visit:
Website: www.globecapacitors.com
LinkedIn: https://www.linkedin.com/company/globe-capacitors-ltd/