KULR Technology Group, Inc. (KULR, Financial) has been awarded a $6,703,500 grant by the Texas Space Commission. The funding is part of a larger $26 million initiative aimed at bolstering Texas's position as a leader in space exploration and technology development.
The grant supports KULR's involvement in a cutting-edge program designed to create lithium-ion battery solutions for extreme cold environments, specifically for Lunar and Martian missions. This effort is being conducted in collaboration with NASA's Johnson Space Center and partnered with South 8 Technologies. Together, they are working to advance scalable battery technology suitable for space applications.
This project highlights a significant consolidation of public, private, and academic efforts, aiming to establish advanced, space-rated battery solutions. The development is part of broader efforts to support future space missions and technology advancements.
