Breaking Renewable Power
Inventory Information: KULR (NYSE: $KULR) Receives as much as $1.5M Satellite tv for pc Battery Methods
Order from South Korea’s Nara Area for Artemis II CubeSat Mission; @KULRTech
Houston. TX – September 10, 2024
(Investorideas.com Newswire) KULR Expertise Group, Inc. (NYSE American: KULR) (the
“Firm” or “KULR”), a worldwide chief in sustainable power
administration, in the present day introduced it has been awarded an preliminary contract valued
near $1M, with extra choices bringing whole contract worth as much as
$1.5M, to produce 20793-rated battery techniques to South Korea’s Nara Area (NARA) for his or her CubeSat mission
aboard Artemis II. This mission is an element of a bigger collaboration involving the Korea Astronomy and Area Science Institute (KASI)
and the Nationwide Aeronautics and Area Administration (NASA),
the place Nara Area is offering the CubeSat to KASI, as a part of the Artemis
program.
This
award highlights KULR’s rising affect within the aerospace sector and
reinforces its place as a trusted companion in growing cutting-edge power
options for area functions. Current evaluation by Professional Market Reviews tasks
the Area Battery Market to achieve USD 25.14 billion by 2032.
KULR’s profitable supply of a 20793-rated battery to NARA in
report time marks a major milestone in our battery design service
initiatives. This achievement displays the Firm’s strategic funding in
providing a complete suite of design providers, together with cell choice and
screening, thermal modeling, passive propagation-resistant design, and multi-fault
tolerant methods tailor-made for area and protection functions. Leveraging the
KULR ONE Area (K1S) structure, we’re capable of facilitate an expedited
four-month turnaround for NARA to obtain a completely 20793-compliant system.
This information is
paid commercial/ information disseminated on behalf of/issued on behalf of KULR
Expertise Group, Inc.
Learn this information, that includes KULR in full at
https://www.investorideas.com/information/2024/09101KULR-Satellite tv for pc-Battery-Methods-Order-for-Artemis-II-CubeSat-Mission.asp
We’re excited to announce the supply of the K1S
structure to prospects looking for to speed up their path to 20793
certification. This customizable answer permits for sooner time to market and
enhanced price effectivity. By providing a ready-made platform, KULR allows
prospects to cut back growth time and obtain compliance with higher pace
and effectiveness.
The awarded contract underscores KULR’s continued dedication to
growing superior power options for area and protection functions, which
typically require difficult mixtures of security and efficiency. Leveraging
its current analysis and growth efforts for space-rated battery techniques,
KULR will ship a scalable battery structure particularly designed to fulfill
the rigorous security and efficiency requirements required for human spaceflight
(20793 compliance). The choices included within the contract might be exercised
pending additional analysis with NASA to find out the need of extra
testing.
Dr. Will Walker, CTO of KULR Expertise Group, acknowledged, “Our
turn-key design method with KULR ONE Area (K1S) has been the focus for
our battery design groups for the final 12 months, and our ensuing place to
assist NARA’s timeline, which is pushed by NASA, represents a significant
development in simplifying and lowering the price of battery integration for
future human-rated area missions. By delivering a completely compliant and scalable
answer, we’re serving to to pave the way in which for extra environment friendly and dependable area
exploration.”
Ted Krupp, VP of Gross sales and Advertising and marketing at KULR Expertise Group,
added, “NARA’s choice to companion with KULR was pushed by our skill to
quickly convey merchandise to market and our sturdy relationships inside NASA.
These elements are important in optimizing the certification course of for each
NARA and KASI, an affiliated analysis institute of the Korea AeroSpace Administration (KASA), making certain
that their CubeSat is prepared for its position within the Artemis II mission. The NARA
20793-rated battery might be delivered in report time for this classification of
power storage system.”
For extra details about KULR Expertise Group and its
progressive options, please go to http://www.kulrtechnology.com.
About KULR Expertise Group,
Inc.
KULR Expertise Group Inc. (NYSE American: KULR) is a number one power administration
platform firm providing confirmed options that play a important position in
accelerating the electrification of the round financial 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 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 Expertise Group, Inc.
Cellphone: 858-866-8478 x 847
Electronic mail: ir@kulrtechnology.com
KULR
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