One small-cap tech stock to put on your list

As electronic devices evolve and demand more power, traditional batteries are finding it hard to cope. Tom Bulford investigates a cost-effective solution to the problem, and tips one firm poised to make it big.

This week I was given a new mobile phone by Vodafone. It had, unlike my old one, a camera, a radio, internet access and probably all sorts of other exciting things that I am yet to discover. All manufacturers want to load up their mobile devices with extra functions, but unfortunately battery technology is not keeping pace.

The amount of energy that a battery can store is growing by approximately 8% per year. But the power consumption of mobile devices is growing at more than three times that rate. Increasing battery performance is critical to all sorts of new technologies from the handset to electric cars. But a way of making more of what a battery can deliver today is by using a super-capacitor.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

Tom worked as a fund manager in the City of London and in Hong Kong for over 20 years. As a director with Schroder Investment Management International he was responsible for £2 billion of foreign clients' money, and launched what became Argentina's largest mutual fund. Now working from his home in Oxfordshire, Tom Bulford helps private investors with his premium tipping newsletter, Red Hot Biotech Alert.