BB's Stock Haven

[lucky__stock]

$KULR-Tech Safe Case Targets U.S. Coast Guard's Upcoming Safety Requirements for the Passenger Vessel Market

SAN DIEGO, Jan. 19, 2022 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, announced today the release of a passive propagation resistant (“PPR”) solution in its KULR-Tech Safe Case product family for maritime lithium-ion battery safety. The PPR solution is critical for the upcoming United States Coast Guard's new safety requirements for the passenger vessel industry, and provides additional battery safety options for the cargo, fishing, and cruise verticals. The Company’s solution prevents cell to cell thermal runaway propagation and prevents heat, fire, and explosion from exiting the KULR-Tech Safe Case enclosure.

The KULR-Tech Safe Case, based upon successful space-designed solutions for NASA, has been used on the International Space Station for safely storing laptop lithium-ion batteries since 2019. The KULR-Tech Safe Case is one of the Company’s recent product lines tailored for the commercial lithium-ion battery markets. By way of its patented, NASA-proven Thermal Runaway Shield technology, KULR is the only company in the world with a product approved by the United States 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 DDR (damaged, defective and recall) batteries. The KULR-Tech Safe Case is also designed to be reusable – creating a greener and healthier environment for ourselves and for future generations. The Company looks forward to providing important news about product development partnerships throughout 2022.

The KULR-Tech Safe Case was developed using KULR’s Thermal Runaway Shield (“TRS”), its Internal Short Circuit (“ISC”) device’s destructive testing and instrumentation, and extensive expertise in thermal management and safety design. KULR’s Thermal Runaway Shield has been proven by various government testing authorities to stop or mitigate the impacts of dangerous lithium-ion battery failures known as thermal runaway.

https://finance.yahoo.com/news/kulr-announces-lithium-ion-battery-114500400.html