Defense/Aerospace Stock KULR Technology Group, Inc.
(NYSE American: $KULR) Continues Rally; @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 trading up this morning,
continuing to build momentum from its recent rally and is trading at 0.$8649,
up 0.1449, gaining 20.0692% this morning on volume of over 14 Million shares as
of this report.
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.
Recently KULR announced it was 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 news, featuring KULR in full at: https://www.investorideas.com/news/2024/defense/11291KULR-Technology-Group.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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