Summary by Futu AI
On May 7, 2024, KULR Technology Group, Inc., a Delaware-incorporated company listed on the NYSE American under the symbol KULR, announced the successful completion of large format fractional thermal runaway calorimeter (L-FTRC) tests. These tests were conducted on 200 Amp-hour high energy Nickel Manganese Cobalt prismatic format lithium-ion cells for a global automotive OEM customer. KULR, which is the exclusive licensee of L-FTRC technology from NASA, is positioned to service the electric vehicle, grid energy storage, and industrial sectors. The company's recent advancements in battery safety and testing solutions have attracted a leading global automaker for its next-generation EV battery safety and testing. KULR's ability to conduct FTRC format experiments for various cell types and...Show More