According to reports, Globe Capacitors Pvt. Ltd. signs a Term Sheet with PolyCharge America, Inc to incorporate PolyCharge's advanced NanoLam™ technology into its finished capacitor products.

To provide customers in India and worldwide with state-of-the-art capacitor solutions, Globe Capacitors will use the NanoLam™ trademark in its marketing and sales initiatives as part of this partnership. The parties are attempting to quickly reach a final agreement.

Sanjay Agarwal, Managing Director of Globe Capacitors says, "Partnering with PolyCharge allows us to bring groundbreaking technology to our customers, enabling us to elevate the performance and innovation in our product offerings. This partnership strengthens our product portfolio and reinforces our commitment to delivering high-quality, advanced solutions in the power electronics industry. With PolyCharge's NanoLam™ technology, we are confident in our ability to meet the evolving demands of our customers in India and globally."

PolyCharge's NanoLam™ technology is poised to redefine performance standards in the capacitor industry. It offers high energy density, enhanced reliability, and compact form factors, ideal for applications including electric vehicles, renewable energy systems, and industrial power supplies. This partnership brings together Globe Capacitors' vast expertise in manufacturing high-quality capacitors and PolyCharge's innovative technology, promising a transformative impact on the industry.

Steven Yializis, Chief Operating Officer of PolyCharge says, "Our collaboration with Globe Capacitors is an exciting opportunity to expand the reach of NanoLam™ products into new markets. With Globe Capacitors' exceptional manufacturing capabilities and trusted presence within the Indian market, this partnership will enable us to deliver advanced capacitor solutions that cater to diverse and evolving customer needs worldwide."

The agreement includes joint press releases and co-marketing initiatives to promote the integration of NanoLam™ technology into Globe Capacitors' product line. This collaboration is expected to provide a strong foundation for the development of next-generation capacitor products, ensuring both companies remain innovation leaders.