Breaking Defense Stock News: KULR (NYSE: $KULR)
Announces Active Collaboration with U.S. Army to Evaluate Vibration Reduction
on AH-64E and UH-60 Helicopter Platforms; @KULRTech
Houston,
TX - December 30, 2024 (Investorideas.com Newswire) KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leader in advanced
thermal management and vibration reduction solutions, is pleased to announce
its active collaboration with the U.S. Army to plan an in-depth evaluation of
the KULR VIBE system for vibration reduction and optimal balance on AH-64E
Apache and UH-60 Black Hawk helicopters. The evaluation is slated to begin in
2025 and will explore the potential of KULR VIBE to enhance operational
efficiency and safety across these critical platforms.
The planned 12-month study will be
conducted in partnership with the South Carolina National Guard at McEntire
Joint National Guard Base. It aims to assess how KULR VIBE can contribute to
stricter vibration standards, streamlining track and balance operations,
reducing long-term maintenance costs, and improving aircraft longevity and
reliability.
Ultimately, the study seeks to
bolster Army Aviation's operational availability while reducing overall
expenditures.
This news is paid
advertisement/ news disseminated on behalf of/issued on behalf of KULR
Technology Group, Inc.
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"KULR is proud to collaborate
with the U.S. Army on this forward-thinking initiative," said Ted Krupp,
Vice President of Sales and Marketing at KULR Technology. "It is an honor
to be entrusted to explore innovative ways to improve operational availability and
cost-efficiency. We are excited by the potential of KULR VIBE to be a force
multiplier for military aviation, enhancing both reliability and safety while
reducing maintenance overhead."
This collaboration underscores the
Army's ongoing commitment to leveraging advanced technologies to optimize
performance and safety across its aviation fleet. Upon completion of the study,
findings will be published for review, potentially paving the way for
widespread adoption of KULR VIBE across Army Aviation platforms.
Commitment to Supporting Our Armed
Forces
KULR Technology has a proven track
record of delivering innovative solutions that directly support the operational
readiness of military assets. For example, the company's work with the U.S.
Marine Corps on the AH-1Z Viper helped avoid the premature retirement of a $39
million asset and reduced over 2,000 hours of troubleshooting time, directly
saving the Department of Defense millions of dollars. This partnership with the
Army continues KULR's dedication to enhancing the reliability, safety, and
operational efficiency of critical equipment, ultimately contributing to
mission success across the armed services.
About KULR Technology Group Inc.
KULR Technology Group Inc. (NYSE American: KULR) delivers cutting edge energy
storage solutions for space, aerospace, and defense by leveraging a foundation
of in-house battery design expertise, comprehensive cell and battery testing
suite, and battery fabrication and production capabilities. The Company's
holistic offering allows delivery of commercial-off-the-shelf and custom next
generation energy storage systems in rapid timelines for a fraction of the cost
compared to traditional programs. For more information, please visit www.kulrtechnology.com.
Safe Harbor Statement
This release contains certain forward-looking statements based on our current
expectations, forecasts and assumptions that involve risks and uncertainties.
Forward-looking statements in this release are based on information available
to us as of the date hereof. Our actual results may differ materially from
those stated or implied in such forward-looking statements, due to risks and
uncertainties associated with our business, which include the risk factors
disclosed in our Form 10-K filed with the Securities and Exchange Commission on
April 12, 2024, as may be amended or supplemented by other reports we file with
the Securities and Exchange Commission from time to time. Forward-looking
statements include statements regarding our expectations, beliefs, intentions,
or strategies regarding the future and can be identified by forward-looking
words such as "anticipate," "believe," "could,"
"estimate," "expect," "intend," "may,"
"should," and "would" or similar words. All forecasts are
provided by management in this release are based on information available at
this time and management expects that internal projections and expectations may
change over time. In addition, the forecasts are entirely on management's best
estimate of our future financial performance given our current contracts,
current backlog of opportunities and conversations with new and existing
customers about our products and services. We assume no obligation to update
the information included in this press release, whether as a result of new information,
future events or otherwise.
Investor Relations:
KULR Technology Group, Inc.
Phone: 858-866-8478 x 847
Email: ir@kulrtechnology.com
KULR
Technology Group, Inc. (NYSE: KULR) is a featured renewable energy stock on
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