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SAN DIEGO – KULR Technology Group, Inc. (NYSE American: KULR), a specialist in lithium-ion battery safety and thermal management, has been awarded a contract worth more than $865,000 from Nanoracks, part of the exploration division of Voyager Space. .
The agreement announced today marks KULR's involvement in the development and initial production of specialized space batteries designed to power CubeSat applications for Voyager.
The initial phase of the contract is expected to be completed in April 2024, with KULR already delivering prototype batteries in late 2023. This achievement proves that KULR can meet stringent project requirements within an accelerated schedule and ensure battery safety. This technology will be essential in driving the next generation of satellite applications.
Commenting on the new partnership, KULR CEO Michael Moe highlighted its importance to both companies in terms of innovation and potential for future collaboration. Robbie Harris, director of advanced concepts (exploration) at Voyager Space, also said the partnership is focused on pushing the boundaries of battery technology to ensure safety, reliability and performance.
KULR's ONE Space Platform is designed to meet NASA's human spaceflight standards and is expected to increase its impact in the aerospace field. With facilities in Webster, Texas and San Diego, California, the company is focused on advancing safe battery technology and is positioned to meet the evolving demands of the aerospace industry.
This information is based on a press release statement from KULR Technology Group, Inc.
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