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KULR Partners with Amprius Technologies to Develop Reference Design to Enhance Battery Safety and Performance in Advanced Air Mobility

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KULR Technology Group has been chosen by Amprius Technologies for a crucial battery pack reference design project. This collaboration aims to create a solution for thermal runaway prevention in battery packs, combining KULR's energy management platform with Amprius' high-energy Silicon Anode pouch cells. The project focuses on meeting FAA and EASA safety standards for the advanced air mobility (AAM) market.

The partnership will explore innovative methods to enhance battery safety and maximize energy density at the pack level. The project will be executed in four phases, including data collection, thermal modeling, and rigorous testing. This collaboration is expected to set new standards in the AAM segment and accelerate the adoption of Amprius' high-performance cells in electric aviation applications.

KULR Technology Group è stata scelta da Amprius Technologies per un progetto di design di riferimento per pacchi batteria di fondamentale importanza. Questa collaborazione mira a creare una soluzione per la prevenzione del runaway termico nei pacchi batteria, combinando la piattaforma di gestione energetica di KULR con le celle pouch ad anodo di silicio ad alta energia di Amprius. Il progetto si concentra sul soddisfacimento degli standard di sicurezza FAA ed EASA per il mercato della mobilità aerea avanzata (AAM).

Il partenariato esplorerà metodi innovativi per migliorare la sicurezza delle batterie e massimizzare la densità energetica a livello di pacco. Il progetto sarà eseguito in quattro fasi, comprese la raccolta dei dati, la modellazione termica e test rigorosi. Questa collaborazione si prevede stabilirà nuovi standard nel segmento AAM e accelererà l'adozione delle celle ad alte prestazioni di Amprius nelle applicazioni di aviazione elettrica.

KULR Technology Group ha sido seleccionada por Amprius Technologies para un proyecto crucial de diseño de referencia de paquetes de baterías. Esta colaboración tiene como objetivo crear una solución para la prevención del desbordamiento térmico en paquetes de baterías, combinando la plataforma de gestión de energía de KULR con las celdas pouch de ánodo de silicio de alta energía de Amprius. El proyecto se enfoca en cumplir con los estándares de seguridad de la FAA y EASA para el mercado de movilidad aérea avanzada (AAM).

La asociación explorará métodos innovadores para mejorar la seguridad de las baterías y maximizar la densidad de energía a nivel de paquete. El proyecto se llevará a cabo en cuatro fases, que incluyen la recopilación de datos, modelado térmico y pruebas rigurosas. Se espera que esta colaboración establezca nuevos estándares en el segmento AAM y acelere la adopción de las celdas de alto rendimiento de Amprius en aplicaciones de aviación eléctrica.

KULR Technology Group는 Amprius Technologies에 의해 중요한 배터리 팩 참조 설계 프로젝트를 위해 선택되었습니다. 이 협업의 목표는 KULR의 에너지 관리 플랫폼과 Amprius의 고에너지 실리콘 음극 파우치 셀을 결합하여 배터리 팩에서의 열 폭주 방지를 위한 솔루션을 만드는 것입니다. 이 프로젝트는 FAA 및 EASA 안전 기준을 충족하는 데 초점을 맞추고 있으며, 첨단 항공 모빌리티(AAM) 시장을 대상으로 하고 있습니다.

파트너십은 배터리 안전성을 향상시키고 에너지 밀도를 극대화하는 혁신적인 방법을 탐색할 것입니다. 이 프로젝트는 데이터 수집, 열 모델링 및 철저한 테스트를 포함하여 네 단계로 진행될 예정입니다. 이 협력은 AAM 분야에서 새로운 기준을 설정하고, 전기 항공 응용 분야에서 Amprius의 고성능 셀 채택을 가속화할 것으로 예상됩니다.

KULR Technology Group a été choisie par Amprius Technologies pour un projet de conception de référence de pack de batteries crucial. Cette collaboration vise à créer une solution pour la prévention du risque thermique dans les packs de batteries, en combinant la plateforme de gestion de l'énergie de KULR avec les cellules pouch à anode de silicium haute énergie d'Amprius. Le projet se concentre sur la conformité aux normes de sécurité FAA et EASA pour le marché de la mobilité aérienne avancée (AAM).

Le partenariat explorera des méthodes innovantes pour améliorer la sécurité des batteries et maximiser la densité énergétique au niveau du pack. Le projet sera exécuté en quatre phases, y compris la collecte de données, la modélisation thermique et des tests rigoureux. Cette collaboration devrait établir de nouvelles normes dans le segment AAM et accélérer l'adoption des cellules haute performance d'Amprius dans les applications d'aviation électrique.

KULR Technology Group wurde von Amprius Technologies für ein schlüssiges Referenzdesign-Projekt für Batteriepacks ausgewählt. Diese Zusammenarbeit zielt darauf ab, eine Lösung zur Verhinderung von thermischem Durchgehen in Batteriepacks zu schaffen, indem KULRs Energiemanagementplattform mit Amprius' Hochenergie-Silizium-Anoden-Pouchzellen kombiniert wird. Der Fokus des Projekts liegt darauf, die Sicherheitsstandards der FAA und EASA für den Markt der fortschrittlichen Luftmobilität (AAM) zu erfüllen.

Die Partnerschaft wird innovative Methoden zur Verbesserung der Batteriesicherheit und Maximierung der Energiedichte auf Packebene untersuchen. Das Projekt wird in vier Phasen umgesetzt, darunter Datensammlung, thermische Modellierung und umfassende Tests. Diese Zusammenarbeit wird voraussichtlich neue Standards im AAM-Segment setzen und die Akzeptanz von Amprius' Hochleistungszellen in der elektrischen Luftfahrt beschleunigen.

Positive
  • Partnership with Amprius Technologies to develop advanced battery pack design for AAM market
  • Potential to meet stringent FAA and EASA safety standards for lithium-ion batteries in aviation
  • Opportunity to expand into the growing electric aircraft market, estimated to reach $13.55 billion by 2030
Negative
  • None.

This partnership between KULR and Amprius marks a significant advancement in battery technology for Advanced Air Mobility (AAM). The collaboration aims to develop a reference design that combines KULR's thermal management expertise with Amprius' high-energy Silicon Anode cells. This integration could potentially solve one of the biggest challenges in electric aviation - thermal runaway in lithium-ion batteries.

The project's focus on meeting FAA and EASA standards is crucial, as it addresses the regulatory hurdles that have been slowing AAM adoption. If successful, this could accelerate the commercialization of electric aircraft, opening up new possibilities in urban air mobility and short-haul flights. The four-phase approach, including thermal modeling and rigorous testing, demonstrates a comprehensive strategy to ensure both safety and performance.

The KULR-Amprius partnership taps into a rapidly growing market. With the global electric aircraft market projected to reach $13.55 billion by 2030, growing at a CAGR of 7.62%, this collaboration is well-positioned to capitalize on this trend. The focus on safety and performance addresses key concerns in the industry, potentially giving KULR and Amprius a competitive edge.

This partnership could lead to:

  • Increased adoption of electric aircraft in commercial and private sectors
  • New opportunities in urban air mobility and short-distance transportation
  • Potential expansion into other high-performance battery markets beyond aviation
Investors should watch for successful testing results and any subsequent contracts or partnerships in the AAM sector as indicators of future growth potential.

SAN DIEGO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in safe and high-performance energy storage solutions, today announced it has been selected for a pivotal battery pack reference design project by Amprius Technologies (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform. The final reference design will provide Amprius’ customers with a solution to address thermal runaway at the battery pack level that leverages KULR’s advanced energy management platform, KULR ONE Design Solutions, with Amprius’ high-energy Silicon Anode pouch cells to meet the rigorous thermal qualification standards set by the Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA), ensuring the highest levels of safety and performance. This partnership is set to push the boundaries of next-generation battery technology, with a focus on the burgeoning advanced air mobility (AAM) market.

The integration of all lithium-ion battery technology into Advanced Air Mobility (AAM) presents significant challenges, particularly due to the risks of cell thermal runaway. To address these concerns, the FAA and EASA have established stringent design regulations to mitigate the risks associated with using lithium-ion battery packs in electric manned applications. The partnership between Amprius and KULR is designed to meet these strict safety standards and accelerate the adoption of Amprius’ high-performance cells in the AAM sector, where their technology is uniquely positioned to excel.

Driving Innovation in Battery Technology
The joint effort will explore innovative methods to enhance battery safety and maximize energy density at the pack level. By integrating KULR’s advanced thermal management solutions with Amprius’ high-energy and high-power lithium-ion batteries and cutting-edge silicon anode technology, the partnership aims to deliver a battery system that is not only safe but also exceptionally high-performance.

"KULR’s proven expertise in thermal management and energy storage solutions makes them an ideal partner for this project,” said Jon Bornstein, President of Amprius Technologies Lab. “By combining Amprius' advanced silicon anode battery technology with KULR’s innovative approach to safety and performance, we are setting a new standard in the advanced air mobility segment. This partnership accelerates our ability to meet the stringent requirements of the electric aviation industry while simultaneously pushing forward the evolution of battery technology with a focus on safety, efficiency, and market expansion."

A Comprehensive Approach to Design and Testing
The project will be executed in four phases, beginning with extensive data collection and design concept delivery. Subsequent phases will include detailed thermal modeling, propagation prevention response (PPR) design, and rigorous testing to ensure compliance with the highest safety standards. This systematic approach will enable the development of a robust and scalable battery solution tailored to the needs of various applications within the e-aviation sector and beyond.

A Commitment to Market Expansion
This collaboration underscores KULR and Amprius' commitment to expanding into growing markets by providing innovative solutions that address the critical needs of safety and performance in energy-dense battery systems. The partnership is poised to play a pivotal role in the evolution of battery technology, particularly in the electric aviation market, where the demand for lightweight, high-performance energy storage solutions is rapidly increasing.

Precision Business Insights estimates the global electric aircraft market to reach USD $13.55 billion by 2030, growing at a CAGR of 7.62% during the forecast period of 2024 to 2030.

About KULR Technology Group, Inc.
KULR Technology Group Inc. (NYSE American: KULR) is a leading energy management platform company offering proven solutions that play a critical role in accelerating the electrification of the circular economy. Leveraging a foundation in developing, manufacturing, and licensing next-generation carbon fiber thermal management technologies for batteries and electronic systems, KULR has evolved its holistic suite of products and services to enable its customers across disciplines to operate with efficiency and sustainability in mind. For more information, please visit www.kulrtechnology.com.

About Amprius Technologies, Inc.
Amprius Technologies, Inc. is a leading manufacturer of high-energy and high-power lithium-ion batteries, producing the industry’s highest-known energy density cells. The company’s commercially available SiMaxx™ batteries deliver up to 450 Wh/kg and 1,150 Wh/L, with third-party validation of 500Wh/kg and 1,300 Wh/L. Amprius expanded its product portfolio to include the SiCore™ platform in 2024, significantly enhancing its ability to serve additional customer applications. The company’s corporate headquarters is in Fremont, California, where it maintains an R&D lab and a MWh scale manufacturing facility for the fabrication of silicon anodes and cells. To serve customer demand, Amprius entered into several agreements to secure over 500MWh of contract manufacturing available today and entered into a lease agreement for a GWh scale facility in Brighton, Colorado. For additional information, please visit amprius.com. Also, see the company’s LinkedIn and Twitter pages.

Safe Harbor Statement   
This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on April 12, 2024, as may be amended or supplemented by other reports we file with the Securities and Exchange Commission from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management’s best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.  
  
Investor Relations:
KULR Technology Group, Inc.
Phone: 858-866-8478 x 847
Email: ir@kulrtechnology.com


FAQ

What is the purpose of KULR's partnership with Amprius Technologies?

KULR is partnering with Amprius Technologies to develop a battery pack reference design that enhances safety and performance for advanced air mobility applications, focusing on thermal runaway prevention and meeting FAA and EASA standards.

How will KULR's technology contribute to the partnership with Amprius?

KULR will integrate its KULR ONE Design Solutions, an advanced energy management platform, with Amprius' high-energy Silicon Anode pouch cells to address thermal runaway issues at the battery pack level.

What market is KULR targeting with this new battery pack design?

KULR is targeting the advanced air mobility (AAM) market, particularly the electric aircraft sector, which is estimated to reach $13.55 billion by 2030.

What are the phases of the battery pack reference design project between KULR and Amprius?

The project will be executed in four phases: data collection and design concept delivery, detailed thermal modeling, propagation prevention response (PPR) design, and rigorous testing to ensure compliance with safety standards.

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