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AXPW - Axion Power International, Inc.
Axion Power International, Inc. (AXPW) was a technology company that specialized in developing advanced energy storage systems and components. The company was founded in 2003 and was headquartered in New Castle, Pennsylvania, in the United States.
Axion Power International developed a proprietary lead-carbon battery technology called PbC, which it claimed offered superior performance and longer lifespan compared to traditional lead-acid batteries. The company focused on a variety of markets, including transportation, military, and industrial applications.
However, Axion Power International faced financial difficulties and filed for Chapter 11 bankruptcy in 2017. In 2018, the company's assets were acquired by LCB Acquisition Company, a newly-formed entity consisting of a group of investors who aimed to continue the development and commercialization of Axion Power International's technologies.
It's important to note that since my knowledge cutoff date of September 2021, there may have been updates or developments regarding Axion Power International, its technologies, or its bankruptcy proceedings.
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