$KULR News : KULR Acquires IP Rights from Centropy
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Posted On: 12/08/2021 7:20:32 AM
$KULR News : KULR Acquires IP Rights from Centropy AB
Acquisition Provides Advanced Carbon Fiber Heatsink Solutions for High Power Computing Applications
SAN DIEGO, Dec. 07, 2021 (GLOBE NEWSWIRE) -- 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 it has acquired the patented intellectual property (“IP”) rights from Centropy AB ("Centropy" . The acquisition brings advanced carbon fiber based heatsink technology for high power computing (“HPC”) applications that strengthen KULR’s portfolio of thermal management solutions for cloud computing, AI, and crypto mining applications.
Centropy's cooling solutions will be integrated into KULR's existing technology portfolio – targeting air and liquid-cooling of HPC applications such as crypto mining, cloud computing, and AR/VR simulations. Combining Centropy's proprietary process of utilizing carbon fibers in cooling technology for electronic components used in aerospace, automotive, data centers, and other high-performance applications with KULR's innovation, productization, and commercialization capabilities, provides a dependable tailwind for the Company’s HPC technology development going forward.
https://finance.yahoo.com/news/kulr-acquires-...00331.html
Acquisition Provides Advanced Carbon Fiber Heatsink Solutions for High Power Computing Applications
SAN DIEGO, Dec. 07, 2021 (GLOBE NEWSWIRE) -- 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 it has acquired the patented intellectual property (“IP”) rights from Centropy AB ("Centropy" . The acquisition brings advanced carbon fiber based heatsink technology for high power computing (“HPC”) applications that strengthen KULR’s portfolio of thermal management solutions for cloud computing, AI, and crypto mining applications. Centropy's cooling solutions will be integrated into KULR's existing technology portfolio – targeting air and liquid-cooling of HPC applications such as crypto mining, cloud computing, and AR/VR simulations. Combining Centropy's proprietary process of utilizing carbon fibers in cooling technology for electronic components used in aerospace, automotive, data centers, and other high-performance applications with KULR's innovation, productization, and commercialization capabilities, provides a dependable tailwind for the Company’s HPC technology development going forward.
https://finance.yahoo.com/news/kulr-acquires-...00331.html
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