EXCLUSIVE: KULR Technology Partners with Forge Nano for Advanced Battery Solutions
Portfolio Pulse from Anusuya Lahiri
KULR Technology Group, Inc (NYSE:KULR) has signed a Memorandum of Understanding (MOU) with Forge Nano, a global player in precision nano-coating technology. The partnership, estimated to generate $3.5 million - $5 million in revenue, will combine KULR's advanced automated battery cell screening capabilities with Forge Nano's Atomic Layer Deposition (ALD) coating process. The partnership will initially focus on assessing Forge Nano's premium battery cells for space and U.S. Department of Defense (DoD) applications.
September 26, 2023 | 12:02 pm
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KULR's partnership with Forge Nano could generate significant revenue and enhance its product offerings. The partnership's focus on space and DoD applications could also open new markets for KULR.
The partnership with Forge Nano could significantly boost KULR's revenue and enhance its product offerings. The focus on space and DoD applications could also open new, high-value markets for KULR. This news is highly relevant to KULR and could have a significant impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100