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Defense/Aerospace Stock KULR Technology Group, Inc. (NYSE American: KULR) Continues Rally

 

November 29, 2024 (Investorideas.com Newswire) 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.

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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https://www.investorideas.com/news/2024/11251KULR-US-Navy-Contract-High-Temperature-Internal-Short-Circuit-Cells.asp

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