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$KULR) Companions with Amprius Applied sciences to Develop Reference Design to Improve Battery Security and Efficiency in Superior Air Mobility; @KULRTech


Breaking Renewable Vitality
Inventory Information: KULR (NYSE: $KULR) Companions with Amprius Applied sciences to Develop
Reference Design to Improve Battery Security and Efficiency in Superior Air
Mobility;
@KULRTech

 

SAN DIEGO, CA – August 20, 2024 (Investorideas.com
Newswire) 
KULR Know-how
Group, Inc.
 (NYSE American: KULR) (the “Firm” or “KULR”), a
international chief in protected and high-performance vitality storage options, as we speak
introduced it has been chosen for a pivotal battery pack reference design
mission by Amprius
Applied sciences
 (NYSE: AMPX), a pacesetter in next-generation
lithium-ion batteries with its Silicon Anode Platform. The ultimate reference
design will present Amprius’ clients with an answer to deal with thermal
runaway on the battery pack degree that leverages KULR’s superior vitality administration
platform, KULR ONE Design Options, with Amprius’ high-energy Silicon Anode
pouch cells to satisfy the rigorous thermal qualification requirements set by the
Federal Aviation Administration (FAA) and European Union Aviation Security Company
(EASA), making certain the very best ranges of security and efficiency. This partnership
is about to push the boundaries of next-generation battery know-how, with a
give attention to the burgeoning superior air mobility (AAM) market.

 

The combination of all lithium-ion
battery know-how into Superior Air Mobility (AAM) presents important
challenges, significantly as a result of dangers of cell thermal runaway. To handle
these issues, the FAA and EASA have established stringent design laws
to mitigate the dangers related to utilizing lithium-ion battery packs in
electrical manned purposes. The partnership between Amprius and KULR is
designed to satisfy these strict security requirements and speed up the adoption of
Amprius’ high-performance cells within the AAM sector, the place their know-how is
uniquely positioned to excel.

 

This information is paid
commercial/ information disseminated on behalf of/issued on behalf of KULR
Know-how Group, Inc.

 

Learn
this information, that includes KULR in full at

https://www.investorideas.com/information/2024/08201KULR-Amprius-Applied sciences.asp

 

Driving Innovation in Battery
Know-how

The joint effort will discover progressive strategies to boost battery security and
maximize vitality density on the pack degree. By integrating KULR’s superior
thermal administration options with Amprius’ high-energy and high-power
lithium-ion batteries and cutting-edge silicon anode know-how, the
partnership goals to ship a battery system that isn’t solely protected but in addition
exceptionally high-performance.

 

“KULR’s confirmed experience in
thermal administration and vitality storage options makes them an excellent associate for
this mission,” mentioned Jon Bornstein, President of Amprius Applied sciences Lab.
“By combining Amprius’ superior silicon anode battery know-how with
KULR’s progressive strategy to security and efficiency, we’re setting a brand new
normal within the superior air mobility phase. This partnership accelerates our
means to satisfy the stringent necessities of the electrical aviation business
whereas concurrently pushing ahead the evolution of battery know-how with a
give attention to security, effectivity, and market growth.”

 

A Complete Method to Design
and Testing

The mission might be executed in 4 phases, starting with intensive information
assortment and design idea supply. Subsequent phases will embody detailed
thermal modeling, propagation prevention response (PPR) design, and rigorous
testing to make sure compliance with the very best security requirements. This systematic
strategy will allow the event of a sturdy and scalable battery resolution
tailor-made to the wants of varied purposes throughout the e-aviation sector and
past.

 

A Dedication to Market Growth
This collaboration underscores KULR and Amprius’ dedication to increasing into
rising markets by offering progressive options that deal with the important
wants of security and efficiency in energy-dense battery techniques. The
partnership is poised to play a pivotal position within the evolution of battery
know-how, significantly within the electrical aviation market, the place the demand for
light-weight, high-performance vitality storage options is quickly rising.

 

Precision Enterprise Insights estimates the
international electrical plane market to succeed in USD $13.55 billion by 2030, rising at
a CAGR of seven.62% in the course of the forecast interval of 2024 to 2030.

 

About KULR Know-how Group, Inc.
KULR Know-how Group Inc. (NYSE American: KULR) is a number one vitality administration
platform firm providing confirmed options that play a important position in
accelerating the electrification of the round economic system. Leveraging a
basis in growing, manufacturing, and licensing next-generation carbon
fiber thermal administration applied sciences for batteries and digital techniques,
KULR has advanced its holistic suite of services to allow its
clients throughout disciplines to function with effectivity and sustainability in
thoughts. For extra data, please go to 
www.kulrtechnology.com.

 

About Amprius Applied sciences, Inc.
Amprius Applied sciences, Inc. is a number one producer of high-energy and
high-power lithium-ion batteries, producing the business’s highest-known vitality
density cells. The corporate’s commercially obtainable SiMaxxâ„¢ batteries ship
as much as 450 Wh/kg and 1,150 Wh/L, with third-party validation of 500Wh/kg and
1,300 Wh/L. Amprius expanded its product portfolio to incorporate the SiCoreâ„¢
platform in 2024, considerably enhancing its means to serve extra
buyer purposes. The corporate’s company headquarters is in Fremont,
California, the place it maintains an R&D lab and a MWh scale manufacturing
facility for the fabrication of silicon anodes and cells. To serve buyer
demand, Amprius entered into a number of agreements to safe over 500MWh of
contract manufacturing obtainable as we speak and entered right into a lease settlement for a
GWh scale facility in Brighton, Colorado. For added data, please
go to 
amprius.com. Additionally, see the corporate’s LinkedIn and Twitter pages.

 

Protected Harbor Assertion
This press launch doesn’t represent a proposal to promote or a solicitation of
presents to purchase any securities of any entity. This launch incorporates sure
forward-looking statements based mostly on our present expectations, forecasts and
assumptions that contain dangers and uncertainties. Ahead-looking statements in
this launch are based mostly on data obtainable to us as of the date hereof.
Our precise outcomes could differ materially from these said or implied in such
forward-looking statements, because of dangers and uncertainties related to our
enterprise, which embody the danger components disclosed in our Kind 10-Ok filed with
the Securities and Alternate Fee on April 12, 2024, as could also be amended or
supplemented by different studies we file with the Securities and Alternate
Fee on occasion. Ahead-looking statements embody statements
concerning our expectations, beliefs, intentions, or methods concerning the
future and may be recognized by forward-looking phrases resembling
“anticipate,” “imagine,” “might,” “estimate,”
“count on,” “intend,” “could,” “ought to,”
and “would” or related phrases. All forecasts are supplied by
administration on this launch are based mostly on data obtainable right now and
administration expects that inner projections and expectations could change over
time. As well as, the forecasts are completely on administration’s finest estimate of
our future monetary efficiency given our present contracts, present backlog
of alternatives and conversations with new and present clients about our
services. We assume no obligation to replace the knowledge
included on this press launch, whether or not due to new data, future
occasions or in any other case.

 

Investor Relations:
KULR Know-how Group, Inc.
Telephone: 858-866-8478 x 847
E-mail:
ir@kulrtechnology.com

 

KULR
Know-how Group, Inc. (NYSE: KULR) is a featured renewable vitality inventory on
Investorideas.com

 

Extra information on KULR at
Investorideas.com Go to: 
https://www.investorideas.com/CO/KULR/

 

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