Day: November 30, 2021

2021 11 29
Announcements

KULR RECEIVES INITIAL PASSIVE PROPAGATION RESISTANT BATTERY SAFETY ORDER FROM LOCKHEED MARTIN

SAN DIEGO / GLOBENEWSWIRE / November 30, 2021 / KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today announced the Company has received an initial order totaling approximately $500,000 for its passive propagation resistant (โ€œPPRโ€) battery systems from the Lockheed Martin Corporation (NYSE: LMT) (โ€œLMTโ€). This initial order is for immediate delivery and is the starting point in the partnership as LMT leverages KULRโ€™s technological advancements in PPR energy products for its Advanced Energy Systems.

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