KULR Technology Group, Inc. Secures Exclusive License for NASA’s FTRC
KULR Technology Group, Inc. has announced the execution of an exclusive worldwide license agreement for NASA’s large format Fractional Thermal Runaway Calorimeter (FTRC). This technology, which was co-invented by NASA alumnus and KULR’s Chief Technology Officer, Dr. William Walker, is an important tool for analyzing the thermal runaway characterization of lithium-ion cells. The small format version of the FTRC was named NASA’s 2023 Invention of the Year. This exclusive license solidifies KULR’s position as a global leader in sustainable energy management.
KULR Becomes Industry Standard in Battery Testing and Design Services
As the exclusive licensee of NASA’s FTRC technology, KULR is now the only entity in the world offering comprehensive fractional thermal runaway calorimetry testing services for all cell types, regardless of capacity or format. This breakthrough win firmly establishes KULR as the de facto industry standard for battery testing and design services. OEM customers across all industries can rely on KULR for state-of-the-art battery safety design, testing, storage, and recycling throughout the entire life cycle of the battery.
KULR’s Exclusive License Gives Them Sole Access to Key Thermal Runaway Data
The exclusive license obtained by KULR grants them sole access to NASA’s entire FTRC technology suite. This includes the large format FTRC, which is crucial for analyzing the thermal runaway characteristics of lithium-ion cells used in vehicles, grid storage applications, and even on the International Space Station. By having exclusive access to this thermal runaway data, KULR can provide its OEM customers with the most accurate and comprehensive information about the safety of their batteries.
KULR Positioned as Crucial Partner for OEMs in Battery Safety Design and Testing
With their exclusive license for NASA’s FTRC technology, KULR is positioned as a crucial strategic partner for OEM customers who require cutting-edge battery safety design and testing. Battery pack manufacturers and their OEM customers must conduct complex testing protocols to ensure the safety of their batteries. The FTRC technology is a core tool for designing safe battery systems that meet stringent safety requirements imposed by regulators around the world.
KULR Takes Lead in Global Battery Testing Equipment Market with Exclusive NASA License
The global battery testing equipment market is projected to reach USD 16.5 billion by 2030, according to Straits Research. With their exclusive license for NASA’s FTRC technology, KULR is well-positioned to dominate this market. As the only company in the world offering comprehensive fractional thermal runaway calorimetry testing services for all cell types, KULR is the go-to provider for OEM customers across industries. This exclusive license firmly establishes KULR as the leader in battery testing and design services, further solidifying their position as a global leader in sustainable energy management.
Analyst comment
Positive news:
KULR Technology Group, Inc. secures exclusive license for NASA’s FTRC
KULR becomes industry standard in battery testing and design services
KULR’s exclusive license gives them sole access to key thermal runaway data
KULR positioned as crucial partner for OEMs in battery safety design and testing
KULR takes lead in global battery testing equipment market with exclusive NASA license
As an analyst, I predict that with the exclusive license for NASA’s FTRC technology, KULR will become the dominant player in the battery testing and design services market. They will provide comprehensive testing services and accurate thermal runaway data to OEM customers, positioning themselves as a trusted partner. This will solidify their position as a global leader in sustainable energy management and allow them to capitalize on the growing global battery testing equipment market.
