Core Insights - KULR Technology Group has been selected for a significant battery pack reference design project by Amprius Technologies, focusing on addressing thermal runaway in battery packs for advanced air mobility applications [1][2][4] - The partnership aims to meet stringent safety standards set by the FAA and EASA, enhancing the adoption of Amprius' high-performance lithium-ion cells in the electric aviation sector [2][6] Company Overview - KULR Technology Group is recognized as a leader in energy management solutions, specializing in thermal management technologies for batteries and electronic systems [8] - Amprius Technologies is a prominent manufacturer of high-energy lithium-ion batteries, known for its SiMaxx™ batteries that deliver up to 450 Wh/kg and 1,150 Wh/L [9] Project Details - The project will be executed in four phases, including data collection, thermal modeling, propagation prevention response design, and rigorous testing to ensure compliance with safety standards [5] - The collaboration emphasizes a comprehensive approach to design and testing, aiming to develop a robust battery solution for various applications in the e-aviation sector [5][6] Market Potential - The global electric aircraft market is projected to reach USD $13.55 billion by 2030, with a compound annual growth rate (CAGR) of 7.62% from 2024 to 2030, indicating significant growth opportunities for KULR and Amprius [7]
KULR Partners with Amprius Technologies to Develop Reference Design to Enhance Battery Safety and Performance in Advanced Air Mobility