SAN DIEGO, April 10, 2024 (Globe Newswire) — KULR Technology Group Co., Ltd. (NYSE American: KULR) (the “Company” or “KULR”), an innovator in energy management systems, proudly announces the successful delivery of its custom-designed KULR ONE battery pack to the U.S. Army. This is an important step in strengthening your energy management system. Lifespan and efficiency of uninterruptible power supplies (“UPS”) in tactical command settings.
Under the multi-year contract, KULR achieved a significant milestone by specifically tailoring the KULR ONE battery pack to the Army's efforts to modernize future command posts. This specialized pack combines high-performance 21700 power cells with state-of-the-art thermal management technology to enhance propagation resistance while minimizing size and weight. This customization increased his UPS run time by 80%, providing a strategic advantage for tactical command operations.
Michael Moe, CEO of KULR, expressed pride in the project's success and said: This underscores our commitment to developing specialized solutions that meet our clients' demanding needs, especially in critical and high-stakes environments. The KULR ONE pack embodies our commitment to innovation, safety and performance in energy management. ”
The Army is evaluating a custom KULR ONE battery pack for next-generation command posts with the goal of significantly increasing mobility and survivability. These assessments are important for optimizing the use of advanced energy solutions. KULR remains closely engaged and supports the Army's mission to improve the efficiency and durability of its operational capabilities. This initiative highlights KULR's significant impact on battery technology innovation and strengthens his KULR commitment to providing high-quality energy solutions specialized for critical tactical needs. .
For more information about KULR Technology Group and its specialty energy solutions, please visit https://www.kulrtechnology.com/.
About KULR Technology Group Co., Ltd.
KULR Technology Group Inc. (NYSE American: KULR) is a leading energy management platform company delivering proven solutions that play a critical role in accelerating the electrification of the circular economy. Leveraging its foundation in developing, manufacturing, and licensing next-generation carbon fiber thermal management technology for batteries and electronic systems, KULR has evolved a comprehensive suite of products and services that enable customers in a variety of sectors to improve efficiency and We have made sure that we operate with sustainability in mind. For more information, please visit www.kulrtechnology.com.
Safe Harbor Statement
This press release does not constitute an offer to sell or a solicitation of an offer to buy any company's securities. This release contains certain forward-looking statements that are based on the Company's current expectations, projections and assumptions that involve risks and uncertainties. The forward-looking statements in this release are based on information available as of the date of this release. Our actual results may differ from such forward-looking statements due to risks and uncertainties associated with our business, including the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on March 28. may differ materially from that expressed or implied in the statements. , 2023, as may be amended or supplemented from time to time by other reports filed by the Company with the Securities and Exchange Commission. Forward-looking statements include statements regarding the Company's expectations, beliefs, intentions or strategies regarding the future and include statements such as “anticipates,” “believes,” “may,” “estimates,” “anticipates,” “anticipates,” “believes,” “may,” “estimates,” “expects,” Can be identified by forward-looking statements such as “will.” “intends,” “may,” “should,” “would” or similar words. All forecasts provided by management in this release are based on currently available information, and management anticipates that internal forecasts and expectations may change over time. . Additionally, this forecast is based entirely on management's best estimate of the Company's future financial performance, taking into account current contracts, current outstanding opportunities, and conversations with new and existing customers about the Company's products and services. Based on estimates. We undertake no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise.
Public relations activities for investors:
KULR Technology Group Co., Ltd.
Phone: 858-866-8478 x 847
Email: ir@kulrtechnology.com