Faradox is developing the next generation of high energy density capacitors capable of operating in high temperature environments. These capacitors will have 10x the energy density of standard capacitors and can operate at temperature exceeding 350C. Applications include high value products such as down-hole tools, satellites, defense weapons systems, medical devices, and electric cars. The company has been issued a patent in December 2008 and will be securing licensing/manufacturing partners to enter production soon.