KULR's Xero Vibe Technology Lands Licensing Partnership with $2.35M Deal
KULR Technology Group has announced a significant licensing agreement for its KULR Xero Vibe (KXV) technology, a proprietary vibration reduction solution. The $2.35M deal includes a $1.1M minimum guaranteed license and royalty fee, with additional revenue potential. The licensee, a leading Japanese , plans to use KXV technology to balance industrial-scale fan systems in data centers and other applications.
KXV technology offers substantial benefits for high-performance commercial fans, reducing vibration to near-zero levels, optimizing cooling system performance, and reducing energy consumption. This is particularly important for AI-driven data centers, where power consumption is expected to increase significantly. The technology also provides advantages such as reduced noise, increased stability, and less wear and tear on equipment.
KULR Technology Group ha annunciato un importante accordo di licenza per la sua tecnologia KULR Xero Vibe (KXV), una soluzione proprietaria per la riduzione delle vibrazioni. L'accordo del valore di 2,35 milioni di dollari include una tassa di licenza e di royality garantita minima di 1,1 milioni di dollari, con ulteriore potenziale di guadagno. Il licenziatario, un importante attore giapponese, prevede di utilizzare la tecnologia KXV per bilanciare i sistemi di ventole su scala industriale nei centri dati e in altre applicazioni.
La tecnologia KXV offre vantaggi sostanziali per le ventole commerciali ad alte prestazioni, riducendo le vibrazioni a livelli prossimi a zero, ottimizzando le performance dei sistemi di raffreddamento e riducendo il consumo di energia. Questo è particolarmente importante per i centri dati guidati da IA, dove ci si aspetta un aumento significativo del consumo energetico. La tecnologia fornisce anche vantaggi come la riduzione del rumore, una maggiore stabilità e minori usure delle attrezzature.
KULR Technology Group ha anunciado un importante acuerdo de licencia para su tecnología KULR Xero Vibe (KXV), una solución propietaria para la reducción de vibraciones. El acuerdo de 2,35 millones de dólares incluye una tarifa mínima garantizada de licencia y regalías de 1,1 millones de dólares, con un potencial adicional de ingresos. El licenciatario, un destacado japonés, planea utilizar la tecnología KXV para equilibrar sistemas de ventiladores a gran escala en centros de datos y otras aplicaciones.
La tecnología KXV ofrece beneficios sustanciales para ventiladores comerciales de alto rendimiento, reduciendo la vibración a niveles casi nulos, optimizando el rendimiento de los sistemas de enfriamiento y reduciendo el consumo de energía. Esto es especialmente importante para los centros de datos impulsados por IA, donde se espera que el consumo de energía aumente significativamente. La tecnología también proporciona ventajas como la reducción del ruido, mayor estabilidad y menos desgaste en los equipos.
KULR 기술 그룹은 독점 진동 감소 솔루션인 KULR 제로 바이브 (KXV) 기술에 대한 중요한 라이센스 계약을 발표했습니다. 235만 달러 규모의 계약에는 110만 달러의 최소 보장 라이센스 및 로열티 수수료와 추가 수익 가능성이 포함됩니다. 라이센스 수취인인 일본의 한 선도 기업은 KXV 기술을 데이터 센터 및 기타 애플리케이션에서 산업 규모의 팬 시스템을 균형 잡는 데 사용할 계획입니다.
KXV 기술은 상업용 고성능 팬에 대한 상당한 혜택을 제공하여 진동을 거의 제로 수준으로 줄이고 냉각 시스템 성능을 최적화하며 에너지 소비를 줄입니다. 이는 인공지능 기반 데이터 센터에서는 전력 소비가 크게 증가할 것으로 예상되는 만큼 특히 중요합니다. 이 기술은 소음 감소, 안정성 증가 및 장비 마모 감소와 같은 장점도 제공합니다.
KULR Technology Group a annoncé un important accord de licence pour sa technologie KULR Xero Vibe (KXV), une solution exclusive de réduction des vibrations. L'accord de 2,35 millions de dollars comprend des droits de licence et des redevances garantis d'un montant minimum de 1,1 million de dollars, avec un potentiel de revenus supplémentaires. Le licencié, une entreprise japonaise de premier plan, prévoit d'utiliser la technologie KXV pour équilibrer des systèmes de ventilateurs à l'échelle industrielle dans des centres de données et d'autres applications.
La technologie KXV offre des avantages considérables pour les ventilateurs commerciaux haute performance, réduisant les vibrations à des niveaux proches de zéro, optimisant les performances des systèmes de refroidissement et réduisant la consommation d'énergie. Ceci est particulièrement important pour les centres de données alimentés par l'IA, où la consommation électrique devrait augmenter considérablement. La technologie offre également des avantages tels que la réduction du bruit, une stabilité accrue et moins d'usure des équipements.
KULR Technology Group hat eine bedeutende Lizenzvereinbarung für ihre KULR Xero Vibe (KXV) Technologie, eine proprietäre Lösung zur Reduzierung von Vibrationen, angekündigt. Das 2,35 Millionen US-Dollar umfassende Geschäft beinhaltet eine garantierte Mindestgebühr für Lizenzrechte und Royalties in Höhe von 1,1 Millionen US-Dollar sowie zusätzliches Einnahmepotential. Der Lizenznehmer, ein führendes japanisches Unternehmen, plant, die KXV-Technologie zu verwenden, um industrielle Ventilatorsysteme in Rechenzentren und anderen Anwendungen auszubalancieren.
Die KXV-Technologie bietet erhebliche Vorteile für hochleistungsfähige kommerzielle Ventilatoren, reduziert Vibrationen auf nahezu Null, optimiert die Leistung von Kühlsystemen und senkt den Energieverbrauch. Dies ist besonders wichtig für KI-gesteuerte Rechenzentren, wo ein signifikanter Anstieg des Energieverbrauchs erwartet wird. Die Technologie bietet auch Vorteile wie reduzierte Geräuschentwicklung, erhöhte Stabilität und weniger Abnutzung von Geräten.
- Secured a $2.35M licensing deal for KULR Xero Vibe technology
- Potential for additional revenue through equipment sales and royalties
- Technology addresses growing energy consumption in AI-driven data centers
- KXV technology offers multiple benefits: improved efficiency, reduced noise, and increased equipment lifespan
- None.
Insights
This licensing deal marks a significant milestone for KULR, potentially opening new revenue streams and expanding their market reach. The
The partnership with a leading Japanese validates KULR's Xero Vibe technology and positions them in the rapidly growing data center cooling market. With AI driving a projected
Investors should note the potential for expanded licensing opportunities in various geographic regions and applications, which could significantly boost KULR's revenue. The company's focus on energy efficiency aligns with industry trends, as evidenced by major tech companies' efforts to reduce data center energy costs.
KULR's Xero Vibe technology addresses a critical need in the data center industry: efficient cooling for high-performance systems. The ability to balance fans running at speeds exceeding 33,000 RPM with virtually zero vibration is a significant technological achievement. This innovation not only improves cooling efficiency but also extends equipment lifespan and reduces maintenance costs.
The technology's application in AI-driven data centers is particularly noteworthy. As AI workloads consume substantially more power than traditional computing tasks, the demand for more efficient cooling solutions will likely surge. KULR's solution could become increasingly valuable as data centers struggle to manage their energy consumption and environmental impact.
The additional benefits of noise reduction and increased system stability further enhance the technology's appeal. These factors contribute to improved working environments and overall system performance, which are important considerations for data center operators seeking to optimize their facilities.
Milestone IP Licensing Deal Expands Business Opportunities via New Business Model
HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced a licensing agreement for its proprietary vibration reduction technology named KULR Xero Vibe (“KXV”). The
KULR’s KXV technology offers a transformative solution for balancing high-performance commercial fans running at speeds exceeding 33,000 RPM. These fans are critical for, among other things, cooling a growing number of AI-driven data center computer servers. The KXV system reduces vibration to virtually zero, optimizing cooling system performance and reducing energy consumption.
Michael Mo, KULR CEO, said, “Did you know a ChatGPT query uses almost 10 times as much electricity as a Google search? According to Goldman Sachs, AI will drive data centers power consumption by
Additional Advantages of KULR’s KXV Technology
KXV technology not only improves cooling system energy efficiency but also offers several additional benefits for data centers:
- Reduced Noise Enhances Work Environment: Lower vibration means quieter operations, contributing to a better working environment.
- Increased Stability Improves Performance: Systems operate more smoothly and reliably, enhancing overall performance
- Less Wear and Tear Reduces Both Capital Spending and Operating Expenses: Dramatic reduction in vibration decreases mechanical stress on fans and cooling systems, extending their lifespan and reducing maintenance costs.
Improving Data Center Cooling Efficiency
According to the United States Chamber of Commerce, energy consumption is the single largest operational expense for data centers, with cooling costs representing approximately
About KULR Technology Group Inc.
KULR Technology Group Inc. (NYSE American: KULR) delivers cutting edge energy storage solutions for space, aerospace, and defense by leveraging a foundation of in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities. The Company’s holistic offering allows delivery of commercial-off-the-shelf and custom next generation energy storage systems in rapid timelines for a fraction of the cost compared to traditional programs. For more information, please visit www.kulrtechnology.com.
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FAQ
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