KULR Technology Group, Inc. (OTCQB:KULR), a leading developer of next-generation thermal management technologies, said it has supplied its internal short circuit (ISC) battery safety and testing device technology to the Federal Aviation Administration (FAA).
The company noted that, according to data released by the FAA, since January 2017, an air/airport incident involving lithium batteries (smoke, fire, extreme heat, or explosion) has occurred on average about once every eight days. As the exclusive provider of ISC technology to the FAA, KULR's devices will address the alarming increase in smoke and fire incidents aboard an aircraft due to passengers' malfunctioning lithium-ion batteries.
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Developed by researchers at NASA and the National Renewable Energy Lab (NREL), the ISC device reliably creates thermal runaway in lithium-ion battery trigger cells in controlled, laboratory conditions.
Unlike most other evaluation methodologies that mechanically damage the battery exterior to activate the short, KULR's ISC device triggers a true internal short. This method makes it possible to accurately pinpoint and fix problems leading to battery malfunctions. KULR's ISC technology received the prestigious R&D100 Award in 2016 and was runner-up for NASA invention of the year in 2017.
"We're excited to provide the FAA's research and design engineers an advanced means to improve avionic battery safety," Michael Mo, CEO of KULR said in a statement.
"Designing safer battery enclosures and systems is a key element in aviation sector safety and a cornerstone of what we do at KULR. The FAA's ISC order is just the latest example of KULR's ongoing effort to provide our technology to regulators and industry trade groups in order to educate consumers and enhance battery safety."
Last month, KULR participated in meetings of the United Nations Transport of Dangerous Goods Sub-Committee Informal Working Group to establish test methods and criteria by which lithium batteries could be more effectively regulated based on their inherent hazards.
The company also recently announced its membership into the Outdoor Power Equipment Institute (OPEI), further advancing its commitment to the safe design and manufacturing of lithium batteries.
KULR Technology develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems. Leveraging the company's 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.
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