KULR lands deal for cutting-edge space battery tech with Investing.com

TLDR:

• KULR Technology Group secures an $865,000 contract for space battery technology.
• Partnership with Nanoracks to enhance CubeSat applications for Voyager.

KULR Technology Group, specializing in lithium-ion battery safety and thermal management, has secured a contract worth over $865,000 with Nanoracks, a part of Voyager Space’s Exploration Segment. The partnership aims to develop and produce a specialized space battery to improve CubeSat applications for Voyager. The initial phase of the contract, expected to be completed by April 2024, has already seen the delivery of a prototype battery in late 2023. This collaboration highlights KULR’s ability to meet stringent project requirements within a short timeframe, positioning their battery technology to power next-generation satellite applications. The CEO of KULR, Michael Mo, and Voyager Space’s Director of Advanced Concepts, Robbie Harris, both emphasized the importance of pushing the boundaries of battery technology to ensure safety, reliability, and performance. KULR’s ONE Space Platform, designed to meet NASA’s standards for manned spaceflight, is expected to make a significant impact in the aerospace sector. With facilities in Texas and California, the company is well-equipped to address the evolving needs of the aerospace industry and advance safe battery technology.