Oct 08, 2020 (Baystreet.ca via COMTEX) -- Thursday, October 8, 2020
10:24 AM EST - KULR Technology Group, Inc. : Announced it is partnering with Airbus Defense and Space to provide KULR's passive propagation resistant (PPR) battery design solutions for ongoing research into lithium-ion battery testing and safety for flight applications. The electrical engineers at Airbus /zigman2/quotes/200706109/composite EADSY +1.68% /zigman2/quotes/208224336/delayed FR:AIR +3.90% do research and develop safe battery solutions for defense, space, helicopter, and aircraft applications. "We are excited to work with Airbus to refine and enhance its battery safety research, an agreement that further demonstrates our commitment to battery safety in consumer and commercial applications," said Michael Mo, CEO of KULR. "We believe our TRS technology can provide a lightweight and effective solution to mitigate thermal runaway propagation risk for Airbus' high-performance batteries." KULR Technology Group, Inc. ( O.KULR ) shares were down 14 cents at 1.4.
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