Summary by Moomoo AI
On April 10, 2024, KULR Technology Group, Inc., a Delaware-incorporated company listed on the NYSE American under the symbol KULR, announced the successful delivery of its custom-designed KULR ONE battery packs to the United States Army. The delivery is part of a multi-year contract aimed at modernizing the Army's future command posts. The KULR ONE battery packs, which incorporate high-performance 21700 power cells and advanced thermal management technology, have achieved an 80% improvement in run times for Uninterruptible Power Supplies (UPS) used in tactical command settings. CEO Michael Mo highlighted the delivery as a testament to KULR's commitment to providing specialized, high-stakes solutions. The Army is currently evaluating the battery packs for their next-generation command posts to improve mobility and survivability. KULR continues to support the Army's mission and emphasizes its role in advancing battery technology for critical applications.