Enterprise Estonia has awarded a grant in the sum of 548 576 EUR to Estonian Defense Industry Cluster which includes Skeleton Technologies.

CEO of Skeleton Technologies Taavi Madiberk commented: " Skelcap ultracapacitors, with their third-party validated reliability and 4x higher power density and 2x high energy density, offer a significant competitive edge to the defense industry. Current customer references, which already include high-profile companies like the European Space Agency, coupled with partaking in the Estonian Defense Industry Cluster gives a good platform for increased sales in the sector. Although we don´t consider the defense industry our core market in long-term perspective, it does offer great product validation opportunities in the harshest environments."

Read more (in Estonian): http://www.struktuurifondid.ee/eas-toetab-kaitse-ja-julgeolekutehnoloogiate-ning-spordimeditsiini-klastrite-arendamist/