LS Materials wins $51.5M ultracapacitor deal for AI data centers

LS Materials signed the largest ultracapacitor export contract in Korean industry history, supplying UC units for AI data centers to a US hydrogen fuel cell company for about $51.5 million (69 billion won). Deliveries begin in April 2027 and run for roughly a year; combined with a July order of $4.7 million, total bookings reached $56 million.

• $51.5M deal is the largest UC export contract in Korean history
• Contract value is 2.4x LS Materials' annual revenue of ~29 billion won
• Deliveries start in April 2027 and run for about a year
• Total orders reached $56M including a $4.7M July deal