Sept. 14, 2021, 12:29 p.m. EDT

InvestorNewsBreaks - KULR Technology Group Inc. (US: KULR) Announces Entry into Strategic Lithium-Ion Battery Transportation Partnership

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/zigman2/quotes/201615923/composite KULR +5.05%

Sep 14, 2021 (Investor Brand Network via COMTEX) -- wp:paragraph

KULR Technology Group , a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today announced that it will provide its KULR-Tech Safe Case to lithium-ion battery recycler Heritage Battery Recycling ("HBR"), a new platform company of The Heritage Group. Under the partnership, the KULR-Tech Safe Case will be utilized for the safe transportation logistics of HBR's battery collection operations across North America. One of the company's recently leading product lines entering into commercial markets, the KULR-Tech Safe Case is based upon successful space-designed solutions for NASA that were deployed on the International Space Station for safely storing laptop lithium-ion batteries. Leveraging patented, NASA-proven Thermal Runaway Shield technology, KULR is the only company in the world with a product approved by the U.S. Department of Transportation for storage and transport of lithium-ion batteries that can manage up to a capacity of 2.1 kWh for recycled, prototype and damaged, defective and recall ("DDR") batteries. The KULR-Tech Safe Case is also designed to be reusable -- creating a greener and healthier environment for existing and future generations.

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To view the full press release, visit https://ibn.fm/Ig9GR

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About KULR Technology Group Inc.

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KULR Technology Group develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems. Leveraging the company's roots in developing breakthrough cooling solutions for NASA space missions and backed by a strong intellectual property portfolio, KULR enables leading aerospace, electronics, energy storage, 5G infrastructure and electric vehicle manufacturers to make their products cooler, lighter and safer for the consumer. For more information, please visit www.KULRTechnology.com .

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COMTEX_393324044/2557/2021-09-14T12:29:23

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/zigman2/quotes/201615923/composite
US : U.S.: NYSE American
$ 2.08
+0.10 +5.05%
Volume: 684,630
Jan. 25, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$207.31 million
Rev. per Employee
$142,735
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