Newly Secured Federal DoT Permits Bolster KULR Technology Group

KULR DoT Permits


Newly Secured Federal DoT Permits Bolster KULR Technology Group’s Battery Shipping and Safety Standardization Strategy

Civilization is hungry for powerful technologies, products and systems that make business and life more convenient. The rampant pursuit of “faster, louder and stronger” reveals, however, that without safeguards, too much power can be devastating. Take the lithium battery market, for example. Consumers demand high-performance, high-powered electric vehicles (EVs), devices and equipment; innovators respond with increasingly powerful batteries. The challenge isn’t typically how to create enough power, it’s how to make it safe.

Lithium-ion batteries are made of highly flammable solvents. Extreme heat, physical damage, or deformation of a single battery cell in a multi-cell pack can create internal failure that allows the solvents to combine and cause high-energy fires and/or explosions. This is called thermal runaway, and we’ve seen it happen in e-cigarettes, hover boards, EVs, laptops, cell phones and other battery-powered products, at times putting human life at risk. As the battery industry grows, so has concern over the safe transport of these batteries at the prototype and consumer-use levels.

KULR Technology Group Inc. (NYSE American: KULR) develops technologies to keep batteries cooler, lighter and safer. The company’s next-gen carbon fiber thermal management technologies are used by NASA, Drako Motors, Airbus, battery manufacturer SAFT, a shipping container maker, a large medical device manufacturer, a major power tool manufacturer, and a Tier-1 automaker. Two recent developments have the potential to greatly widen KULR’s base of logistical partners for air, maritime, and ground cargo transportation of lithium batteries.

In June 2021, the U.S. Dept of Transportation (DoT) authorized KULR to market and utilize its proprietary packaging, which incorporates the company’s patented thermal runaway shield (TRS) technology, to transport prototype lithium cells and batteries on cargo aircrafts.

While the permit is an obvious nod to KULR’s passive propagation resistant (PPR) technology to provide a high level of safety and to contain potential hazards, what’s interesting is the vast market reach this provides to the company.

Lithium batteries are used by a wide range of global players in home maintenance/improvement: Dewalt, Craftsman, Ryobi, Milwaukee, Stanly, Black & Decker and Kobalt; mobile phones and electronic devices: Samsung, Apple and Motorola; and electric vehicles: Tesla, Audi, BMW, Buick, Cadillac, General Motors, Chevrolet, Nissan and Ford. This list is just a drop in the ocean. Grandview Research forecasts increasing demand for lithium batteries from nuclear power plants, the railway industry, the manufacturing, medical and energy sectors, and other areas that rely on energy storage and power backup. Federal, state and municipal governments are also expected contributors to market growth.

As the lithium battery market grows in size, the power and performance of lithium batteries increases, and the need for battery manufacturers to safely ship their prototypes grows more crucial. In a news release, KULR summed it up, stating that, “The ability to develop and access new cell and battery architectures and configurations is severely constrained if prototype lithium battery cells cannot arrive at their required end destination in an expeditious manner.”

Technically, however, the true “end destination” is the garbage. When a battery has reached its end of life, particularly at the hands of the consumer, it should be recycled – and thus transported – in a safe manner.

In May 2021, DoT also issued to KULR a special permit to transport lithium-ion and metal batteries for recycling, bringing the company’s addressable markets full circle. When shipping lithium batteries up to 2.1 KWh, the special permit allows exceptions from shipping papers and employee safety training. The special permit authorizes these exceptions based on using KULR’s specially designed thermally protective packaging which incorporates the company’s patented Thermal Runaway Shield (TRS) technology.

These are hard-hitting permits, and they weren’t granted on whim. Extensive research, development and testing were crucial for obtaining the permits and other corporate missions.

In the fall of 2019, KULR’s packaging solution was used by NASA to safely ship and store laptop batteries to the International Space Station (ISS), an endeavor that presented a myriad of environmental challenges that could trigger thermal runaway. In 2020, the Naval Surface Warfare Center Carderock Division (NSWCCD) only confirmed the technology, stating that KULR’s thermal management solutions can stop fires and explosions in lithium-ion battery packs. The report mirrored test results from other government and private test authorities such as NASA, which co-developed KULR’s core thermal technology.

Adequate testing is also crucial for mass application of KULR’s battery safety technology, and with testing complete and new partnerships and permits on board, KULR is now making the trek toward mass commercialization in various markets.

“Our product strategy is to provide a suite of products to address the battery safety issue from testing, transportation, application, second life, and to end of life,” KULR CEO Michael Mo has stated. “We firmly believe the rising safety regulations in the renewable energy market will be a strong catalyst for KULR’s products and testing services going forward.”

About the Author

Stuart Smith is the CEO and Founder of SmallCapVoice.com. SmallCapVoice.com. is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks,  audio interviews, as well as its clients’ financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and their services, please visit us here.

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