other material
confidence high
sentiment positive
materiality 0.65
KULR awarded $6.7M Texas Space Commission grant for cold-temp space battery platform
KULR Technology Group, Inc.
- Grant is part of a $26M award program by Texas Space Commission to strengthen state's space leadership.
- Funds will develop cold-temperature lithium-ion battery solutions for Lunar and Martian missions.
- Collaboration with NASA Johnson Space Center and South 8 Technologies using LiGas electrolyte cells operating down to -60°C.
- Work will be performed at KULR's Webster, TX facility, supporting NASA Artemis objectives.
- KULR awarded $6,703,500 specifically for design, testing, and production of space-rated battery technology.