$KULR) Lands Preliminary $400K NASA Contract for Automated Battery Cell Testing, $2M in Complete Orders Anticipated Over A number of Quarters; @KULRTech

Breaking Renewable Vitality and Protection Inventory Information: KULR (NYSE: $KULR) Lands Preliminary $400K NASA Contract for Automated Battery Cell Testing, $2M in Complete Orders Anticipated Over A number of Quarters; @KULRTech

SAN DIEGO, CA – July 8, 2024 (Investorideas.com Newswire) KULR Know-how Group, Inc. (NYSE American: KULR) (the “Firm” or “KULR”), a world chief in sustainable vitality administration, at this time introduced it has been awarded a purchase order order exceeding $400,000 from the Nationwide Aeronautics and Area Administration (“NASA”), an unbiased company of the U.S. federal authorities, as a part of a $2M multi-phase settlement for its superior automated battery cell screening system. The battery security contract with NASA is to check lithium-ion cells going into future battery packs designed for the Artemis Program, a collection of United States-led worldwide human spaceflight packages. KULR will carry out the exams on cells in reserve for upcoming Artemis missions in addition to different pivotal manned area voyages. The cells used on the missions are required to fulfill certification to NASA’s strict specs for manned flights, EP-WI-037.

With a number one place in secure battery design and testing, and as a big participant within the international electrification motion, KULR is among the many few firms to fulfill the stringent necessities and rigorous testing requirements of NASA’s JSC 20793 Revision D for crewed area missions. This qualification allows KULR’s merchandise and options for use within the Artemis missions and different upcoming vital area voyages.

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/2024/07081KULR-NASA-Contract-for-Automated-Battery-Cell-Testing.asp

Based on Straits Analysis, the worldwide battery cell testing market is anticipated to develop at a CAGR of 4% between 2022-2030 and attain USD 7 billion by 2030.

KULR focuses on evaluating battery cells important for manned area missions. To satisfy rising demand, the Firm plans to develop its know-how to help 21700 cells by yr’s finish, enhancing security and reliability for numerous mission-critical purposes. The design and improvement work for this venture can be a collaborative effort between KULR’s state-of-the-art services positioned in Webster, Texas, and San Diego, California, and is an important cornerstone of increasing the KULR ONE Area (K1S) portfolio into CubeSat and SmallSat markets, custom-made battery design actions, and preparedness for low quantity however excessive technical area of interest battery manufacturing.

KULR’s modular screening know-how gives scalability to fulfill market calls for, reinforcing its strategic partnership with NASA and its function in aerospace vitality administration and battery security. Because the drive for electrification and sustainable vitality grows, KULR is well-positioned to leverage new alternatives and advance battery design and security measures in collaboration with trade companions.

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 vital function 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 developed its holistic suite of services and products to allow its prospects throughout disciplines to function with effectivity and sustainability in thoughts. For extra data, please go to www.kulrtechnology.com.

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KULR Know-how Group, Inc.
Telephone: 858-866-8478 x 847
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