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KULR Technology | 8-K: Current report

SEC announcement ·  May 7 20:34
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
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 capacities solidifies its unique standing in the market. The company's ongoing R&D efforts aim to enhance instrumentation for real-time gas flow measurement and toxic gas characterization, which is crucial for certification in human-centric applications. The press release also served as a reminder of KULR's role in the energy management sector, focusing on efficient and sustainable solutions for the electrification of the circular economy.

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