SANTIAGO, Sept. 20, 2022 (GLOBE NEWSWIRE) — KULR Technology Group Ltd. (NYSE: KULR) (the “Company” or “KULR”), a leading developer of next-generation lithium-ion (“Li-Ion”) battery safety and thermal management technologies, will present at the Federal Aviation Administration (“Li-Ion”) FAA”) Tenth Triennial International Conference on Fire and Cabin Safety Research, October 19, 2022 in Atlantic City, NJ. Dr. William Walker, Director of Engineering at KULR, will speak on the need for a holistic battery safety strategy for electric aviation. The presentation will cover the company’s battery solutions platform solution for industrial energy storage options and its SafeCase solution for battery transportation.
Bringing together world-renowned experts in fire safety and lithium battery design, manufacturing and packaging, the annual conference will be held October 17-20 in Atlantic City, NJ. This year’s conference, with the theme “Going Green – Implications for Aircraft Cabin and Fire Safety”, will create a forum for the international aviation community to discuss recent, ongoing and planned aircraft fire and cabin safety research activities.
“The FAA and other government agencies continue to put the safety of lithium-ion batteries at the top of their priority lists, as this product could adversely affect aircraft in the event of a malfunction,” Dr. Dr. said. Walker. “We are very proud of our partnership with the FAA over the years, and I am excited to showcase and share KULR’s excellent work and success in battery safety with innovative design and packaging to this influential team. From previous collaborations with the United Nations Working with regulators around the world has been an important part of our strategy to incorporate battery safety technologies into the world through this November’s hosting of the Society of Aerospace Engineers (SAE) G-27 meeting to support safe aircraft lithium-ion battery transportation Regulatory roadmap discussions.”
KULR introduction details:
Wednesday, October. February 19, 2022 11:00am – 11:30am EST
Track: POWERPLANT & PROPULSION Fire Protection III
Chaired by Aeon Brown
Resort Hotel – Casino, Atlantic City, NJ
Last year, KULR supplied the H55, a leading enabler of electric aviation, providing certified electric propulsion and battery solutions, thermal management solutions for its hybrid electric propulsion flight demonstration project with Pratt & Whitney Canada. Leveraging KULR’s thermal design architecture, the H55 received Production Organization Approval (“POA”) from the Swiss Federal Office of Civil Aviation in January 2022, followed by Design Organization Approval (“DOA”) from the European Union Aviation Safety Agency (“EASA”). ) in June 2022. With the DOA and POA awarded, the H55 is expected to receive type certificate for its 100kW electric propulsion system for the CS23 aircraft by the end of 2023.
Following on from its partnership with H55, KULR’s presence at this year’s conference is a testament to its continued efforts to ensure safety in the world’s growing electric aviation market.
About KULR Technology Group Inc.
KULR Technology Group Inc. (NYSE: KULR) develops, manufactures and licenses next-generation carbon fiber thermal management technologies for use in batteries and electronic systems. With the company’s roots in developing breakthrough cooling solutions for NASA space missions, backed by a strong intellectual property portfolio, KULR enables leading aerospace, electronics, energy storage, 5G infrastructure and electric vehicle manufacturers to enable them products are cooler, lighter and safer for consumers. For more information, please visit www.kulrtechnology.com
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This press release does not constitute a solicitation of an offer to sell or to buy any securities of any entity. This press release contains certain forward-looking statements based on our current expectations, projections and assumptions that involve risks and uncertainties. The forward-looking statements in this press release are based on information available to us as of the date of this press release. Our actual results may differ materially from those expressed or implied by such forward-looking statements, including our March 28 filing with the Securities and Exchange Commission on March 10, as a result of risks and uncertainties associated with our business. Risk Factors Disclosed on Form -K, 2022. Forward-looking statements include statements about our expectations, beliefs, intentions or strategies for the future, which can be forward-looking by means of “anticipates,” “believes,” “may,” “estimates,” etc. words to identify. Expect, “intend”, “may”, “should” and “will” or similar words. All forecasts in this press release are provided by management and are based on currently available information, and management anticipates that internal forecasts and expectations may change over time. In addition, these projections are based solely on management’s best estimate of our future financial performance, given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We undertake no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise.
Investor Relations:
tom colton or john yi
Gateway Group
Main Phone: (949) 574-3860
KULR@gatewayir.com
Media Relations:
Robert Collins / Zach Cardlets / Anna Root
Gateway Group
Main Phone: (949) 574-3860
KULR@gatewayir.com
