$KULR Developing Next Generation Tech for a Greene
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It’s always exciting to see a company that successfully combines innovation with ethics, which is exactly the case with KULR Technology Group (NYSE American: KULR), a leading developer of next-generation lithium-ion battery safety and thermal management technologies.
The company recently rang the closing bell on the New York Stock Exchange to celebrate the completion of its up listing to the NYSE American exchange. As KULR Technology begins its next chapter as a public company, it’s a good time to remind investors what makes this company stand out.
Renewable energy and electric vehicle stocks like Tesla (NASDAQ: TSLA) and KULR Technology are intriguing because they are companies using technology for better environmental initiatives.
Investors can feel good about putting their capital to work to make the world a better place while benefiting from the potential upside that companies working for a cleaner future may realize, given the huge growth opportunities in areas like 5G infrastructure, aerospace, electronics, and electric vehicles.
KULR Technology works with a broad range of customers from NASA to electric vehicle manufacturers, and the company’s technology is making it safer to transport and store lithium-ion batteries. What’s also attractive about the company is that it is working hand in hand with the burgeoning environment, social and governance (ESG) movement.
If you aren’t familiar with lithium-ion batteries, they are environmentally friendly and used in things like portable electronics, electric vehicles and even for military and aerospace applications.
They have come a long way over the last decade thanks to a surge in lithium-ion battery production, which has made electric vehicles and energy storage commercially viable for the first time ever.
The only problem with lithium-ion batteries is that they can present several safety hazards including fire or an explosion if they aren’t protected from physical impacts, extreme temperatures and more. That’s why KULR Technology’s Thermal Runway Shield technology is so interesting.
https://finance.yahoo.com/news/kulr-developin...c=fin-srch
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