KULR secures contract with main house exploration agency for superior battery security options
by Clarence Oxford
Los Angeles CA (SPX) Jan 01, 2024
KULR Know-how Group, Inc. (NYSE American: KULR), a pioneer in thermal administration and battery security options, has lately marked a major milestone within the house exploration sector. The corporate introduced receiving an preliminary buy order from one of many world’s most distinguished privately held house exploration firms. This order is targeted on enhancing battery security testing options, using KULR’s proprietary KULR ONE Design Options (K1-DS) platform.
The K1-DS platform is on the forefront of battery security expertise. It encompasses a complete design and testing methodology that features a number of progressive options. These embrace Inside Brief Circuit (ISC) expertise, Fractional Thermal Runaway Calorimetry (FTRC), bomb calorimetry, and impingement zone mapping. Collectively, these elements facilitate an intensive cell-level characterization of thermal runaway conduct within the buyer’s battery cells.
Whereas the specifics of the contract stay underneath wraps, the house exploration firm has publicly introduced plans for a major enhance in its house missions. It’s actively scaling its satellite tv for pc deployment operations all through 2024. This enlargement aligns with the rising world house exploration market, which, in response to a Might 2023 report by Spherical Insights and Consulting, is predicted to surge at a 16.21% CAGR, reaching a formidable USD 1,879 Billion by 2032.
KULR’s K1-DS platform leverages the corporate’s intensive expertise in difficult environments, notably in spaceflight collaborations with NASA. This expertise positions KULR as a supplier of among the most stringent battery options on a world scale. KULR’s deal with the house exploration market with the K1-DS platform is strategic, and the corporate anticipates this preliminary contract to be the precursor to additional design wins extending into the following yr.
Earlier this month, KULR was awarded a vital contract for the expedited improvement, testing, and manufacturing of a complicated house battery for a distinguished privately-held {hardware} and in-space companies firm. This contract is predicted to evolve right into a multi-million-dollar partnership, with expanded manufacturing slated for 2024.
Associated Hyperlinks
KULR Know-how Group
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