EXCLUSIVE: KULR Tecnology Tells Benzinga 'H55 will employ KULR's unique Thermal Runaway Shield ("TRS") within its propulsion systems that equip fleets of industry behemoths such as Pratt & Whitney and CAE'
Portfolio Pulse from Benzinga Newsdesk
KULR Technology has announced that H55 will use its Thermal Runaway Shield (TRS) in propulsion systems for major industry players like Pratt & Whitney and CAE. This collaboration highlights KULR's role in enhancing safety and efficiency in aviation propulsion technologies.
April 02, 2024 | 12:15 pm
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POSITIVE IMPACT
KULR Technology's partnership with H55 for the use of its Thermal Runaway Shield in propulsion systems marks a significant step in its business expansion and product application in the aviation industry.
The use of KULR's technology by H55 in systems for Pratt & Whitney and CAE indicates a strong validation of KULR's product and its potential for broader adoption in the aviation sector. This partnership is likely to enhance KULR's market position and could lead to increased investor interest and stock demand, potentially driving up its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90