KULR Technology Group, Inc. (OTCQB:KULR), a leading developer of next-generation thermal management technologies, has become a member of the Outdoor Power Equipment Institute (OPEI), demonstrating the company's commitment to the safe design and manufacturing of lithium batteries.
OPEI is an international trade association representing more than 100 power equipment, engine and utility vehicle manufacturers and suppliers. Its members support the use of lithium batteries in power outdoor equipment, such as leaf blowers, chainsaws, robotic lawnmowers and golf carts, and are committed to safe consumer-use of these products.
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When designing battery management systems battery manufacturers must balance three key factors: battery costs, battery performance and battery safety. As a member of the OPEI, KULR said it now has the opportunity to engage with manufacturers and suppliers, and encourage them to use the company's thermal runaway mitigation technology to achieve this balance.
"The market for outdoor power equipment is essential, and is rapidly growing in both size and innovation," Michael Mo, CEO of KULR said in a statement. "Amid this growth, we are pleased to join OPEI and its members in the pursuit of creating safe, compact, lightweight and less costly lithium battery-powered equipment for commercial and consumer use."
Appropriate battery design, manufacturing processes, testing and packaging play critical roles in battery safety and the success of industry innovation. The proper combination of these components creates strong pathways for new products and reduces the risk of thermal event by mitigating the hazards and limiting the effects of mass propagation.
KULR's passive propagation resistant (PPR) battery design solution, including both trigger and product cells, for lithium-ion battery testing and safety, is well-positioned to support the development of batteries that are more resistant to thermal runaway, thus ensuring battery safety during production, transport, and consumer or commercial applications.
The company develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems. Leveraging its roots in developing breakthrough cooling solutions for NASA space missions and backed by a strong intellectual property portfolio, KULR enables leading aerospace, electronics, energy storage, 5G infrastructure, and electric vehicle manufacturers to make their products cooler, lighter and safer for the consumer.
The OPEI is the advocacy voice of the industry, and a recognized Standards Development Organization for the American National Standards Institute (ANSI) and active internationally through the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC) in the development of safety and performance standards. OPEI is managing partner of GIE+EXPO, the industry's annual international trade show, and the creative force behind the environmental education program, TurfMutt.com. OPEI-Canada represents members on a host of issues, including recycling, emissions and other regulatory developments across the Canadian provinces.
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