Mentioned:
KULR Technologies is on the leading edge of innovation in battery technology. And now, they’re coming after the opportunity in drones.
What’s happening:
- KULR Technology Group (NYSE: KULR) has entered into a new partnership with Amprius Technologies and Molicel to launch new advanced battery systems for drones known as KULR ONE Air
Why it matters:
- The opportunity in drones has been making major waves on Wall Street lately, which has largely been fuelled by aggressive policy changes and new executive orders coming out of the White House to accelerate the American military’s use of drone software and hardware for combat
Going deeper:
- The new batteries being developed by KULR Technologies are focused on next generation drone use, including fully autonomous missions that require higher amounts of energy and extended battery life for long duration missions
- KULR Technologies has publicly stated that they will supply defense companies with both standard KULR ONE Air batteries as well as developing fully custom battery systems for specific drone hardware
