KULR Xero Vibe Solution Launches on NVIDIA Jetson Edge AI Platform

Rhea-AI Summary

KULR Technology Group has announced the integration of its KULR Xero Vibe™ (KXV) solution with the NVIDIA Jetson edge AI platform. This integration combines vibration mitigation with AI capabilities for enhanced edge computing applications. The solution features advanced vibration reduction technology, seamless AI integration, and durability for harsh environments.

The edge AI market is projected to grow from $24.05 billion in 2024 to $356.84 billion by 2035, with a CAGR of 27.786%. The KXV solution targets multiple industries including data centers, wind-powered turbines, Bitcoin mining, robotics, and aerospace applications, offering benefits such as improved cooling system efficiency, extended mechanical lifespans, and reduced energy consumption.

Positive

• Integration with NVIDIA Jetson platform expands market reach in the growing edge AI sector
• Solution addresses multiple high-value markets including data centers, renewable energy, and aerospace
• Technology offers operational cost reduction through improved energy efficiency and extended equipment lifespan

Negative

• None.

Insights

Tech Expert

The integration of KULR Xero Vibe with NVIDIA's Jetson platform represents a significant technological advancement in edge AI computing. The solution addresses critical challenges in vibration management while leveraging AI capabilities, particularly valuable for data centers and industrial applications. With the edge AI market projected to reach $356.84 billion by 2035 at a 27.786% CAGR, this strategic integration positions KULR to capture a share of this rapidly growing market. The technology's application across multiple high-value sectors including data centers, renewable energy and aerospace demonstrates strong market potential. The focus on reducing operational costs and improving system longevity through vibration mitigation, combined with AI-driven optimization, provides a compelling value proposition for industrial customers seeking to enhance their edge computing infrastructure.

Market Research Analyst

This product launch strategically positions KULR in the intersection of two high-growth markets: edge AI computing and industrial energy management. The partnership with NVIDIA, a dominant player in AI computing, significantly enhances KULR's market credibility and distribution potential. The solution's diverse applications across data centers, wind energy and cryptocurrency mining sectors create multiple revenue streams and market expansion opportunities. The timing is particularly advantageous given the projected $356.84 billion market size by 2035, suggesting substantial growth potential. However, investors should note that success will depend on effective market penetration and adoption rates in these competitive sectors.

HOUSTON, Dec. 10, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in energy management and vibration reduction solutions, today announced the launch of its innovative KULR Xero Vibe™ (“KXV”) solution integrated with the NVIDIA Jetson edge AI platform. This new rollout combines superior vibration mitigation with artificial intelligence capabilities to enable high-performance, reliable operation in edge AI environments.

The NVIDIA Jetson platform, known for its powerful edge AI computing capabilities, offers unparalleled performance for edge applications such as robotics, autonomous machines, industrial IoT, and smart cities. KULR’s Xero Vibe™ solution complements the Jetson platform by addressing key operational challenges such as vibration suppression, ensuring optimal cooling system performance, reduced energy consumption, and extended mechanical lifespans.

KULR CEO Michael Mo highlighted, "The Jetson platform is NVIDIA's Industrial AI-at-the-edge solution to connect the physical world to the Omniverse through AI agents for the Industrial Revolution 4.0. It's the perfect platform for KULR to integrate our KXV technology and provide our customers a future proof AI-agent powered energy management edge device solution for data centers, renewable energy, electric mobility and industrial cooling applications. We are very excited to embark on this new era of AI-agent powered future with the NVIDIA platform."

The edge AI market size is projected to grow from $24.05 billion in 2024 to $356.84 billion by 2035, representing a CAGR of 27.786% during the forecast period 2024-2035.

Key Features of the KULR Xero Vibe™ Solution:

• Advanced Vibration Mitigation: KULR Xero Vibe™ utilizes proprietary vibration reduction technology to minimize mechanical stress, enhancing the reliability and longevity of AI edge devices.
• Seamless AI Integration: While reducing vibration to virtually zero, KULR Xero Vibe™ is enhanced by NVIDIA Jetson platform’s real-time data processing and machine learning at the edge, unlocking new possibilities for AI-driven operations.
• Durability in Harsh Environments: Designed for rugged and mission-critical use cases, the KXV solution supports operations in extreme conditions, making it ideal for industrial, aerospace, and defense applications.

Applications Across Industries:

The KULR Xero Vibe™ solution unlocks transformative opportunities across various sectors, including:

• Data Centers: Enables data center fan cooling systems to run more efficiently and environmentally friendly which lowers operational and capex costs.
• Wind-Powered Turbines: Diminished mechanical breakdown extends system lifespan leading to increased energy efficiency.
• Bitcoin: Lowers energy consumption by generating less noise and reduced mechanical wear and tear in proof-of-work mining applications.
• Robotics: Ensures seamless operation in precision robotics for industrial automation.
• Aerospace, Defense, and Electric Aviation: Enables robust performance in mission-critical applications requiring ruggedized systems.

For more information about the KULR Xero Vibe™ solution, visit www.kulrtechnology.com.

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.

About NVIDIA Jetson
The NVIDIA Jetson platform is the leading AI-at-the-edge computing platform with over a million developers. It offers high performance, energy efficiency, and scalability, enabling the development of smart devices and systems across diverse industries.

Safe Harbor Statement
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 KULR's new product integration with NVIDIA announced in December 2024?

KULR announced the integration of its KULR Xero Vibe™ (KXV) solution with the NVIDIA Jetson edge AI platform, combining vibration mitigation with AI capabilities for edge computing applications.

What is the projected market size for edge AI where KULR's new solution operates?

The edge AI market is projected to grow from $24.05 billion in 2024 to $356.84 billion by 2035, with a CAGR of 27.786%.

What industries will KULR's Xero Vibe solution target?

KULR's Xero Vibe solution targets data centers, wind-powered turbines, Bitcoin mining operations, robotics, and aerospace/defense applications.