KULR Technology Group Inc (NYSE:KULR) announced that it has entered into a six-figure annual subscription agreement with a US-based commercial helicopter operator to provide global track and balance support for its fleet of helicopters via KULR VIBE, which provides a proprietary artificial intelligence (AI)-driven vibration reduction solution.
The energy management platform company said by incorporating KULR VIBE into its maintenance program, the helicopter operator client, which is one of the world's largest civilian helicopter operators, can safely service and maintain operations of its diverse helicopter fleet that service customers in the oil and gas and air-medical sectors.
“KULR has a long history of developing products that offer its customers proven solutions built to safely withstand the most severe conditions, from space to extreme heat, while also mitigating the potentially devastating effects of excessive vibration on machinery,” KULR Technology chief operating officer Keith Cochran said in a statement.
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“Through our KULR VIBE solution we enable this client to provide high-quality support to their customers and ensure they can safely carry out some of the most challenging assignments in aviation,” Cochran added.
KULR noted that by integrating KULR VIBE into its existing hardware and software processes, the client can pinpoint areas where excess vibrations across its fleet of 250 plus helicopters may cause system malfunctions, weakened performance, maintenance issues, and loss of available aircraft to perform its mission.
The company added that its immediate focus is two-fold: grow the commercial helicopter business; and integrate with the United States Department of Defense to help enable its fleet is flight ready 24 hours a day, seven days a week, and 365 days a year.
KULR said, in addition to helicopters, it sees applications for KULR VIBE in eVTOL aircraft, unmanned aircraft systems, high-performance automobiles, renewable wind energy turbines and industrial motors.
KULR Technology Group develops, manufactures, and licenses next-generation carbon fiber thermal-management technologies for batteries and electronic systems. As the world of electronics demands increasing processing power and further miniaturization and transportation into electrification, KULR’s disruptive, game-changing thermal management technology strives to solve the challenge of keeping electronics cooler, lighter, and safer in an ethical and environmentally sustainable manner.
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