KULR Technology Group Inc (NYSE:KULR) announced that it has received approval from the Department of Transportation (DoT) to increase the energy levels in three special permits from 2.1 kilowatt-hours (kWh) to 2.5 kWh, expanding usage for its SafeCase product.
The developer of next-generation lithium-ion (Li-ion) battery safety and thermal management technologies said it will utilize the permit upgrades to support a recently-awarded project with one of the three largest outdoor rider landscaping companies in the world for the safe shipment and storage of Li-ion batteries.
“The DoT’s approval for additional energy levels is further evidence of the quality of KULR’s SafeCase and our battery safety products that we produce from our holistic approach,” KULR Technology Group director of product marketing Jason Brandi said in a statement.
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“The permit upgrade enables one of our key customers to transport and store high energy batteries safely in a sustainable and cost-effective manner, and we look forward to providing the same capability to our other customers alike,” Brandi added.
KULR noted the permit approval restates the safety of its SafeCase product for transportation and storage of Li-ion batteries and will enable the large landscaping equipment customer to safely transport its batteries for services or end of life on its new line of higher-capacity landscaping electric vehicles.
The company said in addition to this project, the permit upgrades are expected to generate expanded use cases for the SafeCase product with existing and new customers.
KULR develops, manufactures, and licenses next-generation carbon fibre thermal management technologies for batteries and electronic systems.
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