Tech Stock News And Analysis

 
Tech Stock News and Analysis
Thursday, December 07, 2006
Maxwell Technologies Inc., a maker of capacitors used to extend battery life in electronic devices, said Wednesday that a European wind energy company placed an order for 3 million ultracapacitors.

Financial details were not disclosed. However, the company said the order, which will be filled over two years, is for double the quantity of its previous largest "D cell" order.

The ultracapacitors are used for backup energy storage and power delivery in wind turbines.

Shares of Maxwell jumped 56 cents, or 3.8 percent, to $15.16 in after-hours trading, after gaining 31 cents, or 2.2 percent, to close at $14.60 on the Nasdaq.

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