Defense Stock KULR Technology Group, Inc. (NYSE
American: $KULR) Trending On Navy Contract
@KULRTech
Investorideas.com (www.investorideas.com) a leader in retail investor trading ideas for defense and renewable
energy stocks issues a trading alert for KULR Technology Group, Inc. (NYSE American: KULR) , a provider of
advanced thermal management solutions.
The stock is trending for retail traders
and is currently trading at 0.7949, up 0.3498 gaining 78.5714% on volume of
over 364 Million shares as of this report.
Today KULR announced it has been awarded
a contract by the U.S. Navy to advance its Internal Short Circuit (ISC)
technology to activate at higher temperatures. This development, vital for both
military and commercial applications, will support a wide range of
safety-critical uses, with particular importance for aviation by enabling the
simulation of extreme conditions that better reflect the stringent safety
standards of the Federal Aviation Administration (FAA) and European Union
Aviation Safety Agency (EASA).
This news is paid
advertisement/ news disseminated on behalf of/issued on behalf of KULR
Technology Group, Inc.
Read this in full at
https://www.investorideas.com/news/2024/defense/11251KULR-Navy-Contract.asp
KULR's ISC devices, originally developed
in collaboration with NASA and the National Renewable Energy Laboratory (NREL),
induce controlled thermal runaway in lithium-ion cells, offering safer and more
accurate testing than conventional methods. With the capability to activate at
elevated temperatures, the new ISC devices provide deeper insights into battery
behavior under worst-case scenarios, allowing for a precise evaluation of
resilience and safety for high-stress environments.
Advantages of High-Temperature ISC
Activation
High-temperature ISC activation supports
critical advancements in aviation safety by:
Accurately Simulating Extreme Conditions:
Higher temperature activation mirrors real-world operational stresses, offering
precise data on thermal runaway behavior essential for electric and
hybrid-electric aircraft.
Achieving Greater Consistency with Safety
Standards: The advanced ISC testing helps align battery safety development with
the rigorous safety expectations of FAA and EASA as electric aviation
progresses toward certification.
Enhancing Military and Commercial Safety:
The technology provides both the U.S. Navy and commercial aviation sectors with
tools to rigorously evaluate battery resilience, bolstering mission safety and
reliability.
"Our work with the U.S. Navy on
high-temperature ISC technology will enhance safety protocols and provide
essential data as electric aviation moves closer to regulatory certification
and market entry," said Michael Mo, CEO of KULR Technology. "With
these advancements, KULR is well-positioned to support safer, more resilient
battery systems across the aviation industry."
This contract further strengthens KULR's
role as a critical partner in battery safety advancements. Combined with our
growing capability to evaluate large-format cells and battery packs during
thermal runaway, KULR is uniquely positioned to support the aviation sector in
meeting safety standards and advancing safely to market. For more information
on KULR's ISC technology and its applications, please visit kulrtechnology.com.
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