GregFolin

$KULR Sets Up Bull Pennant Breakout as Space Theme Grows

Long
OTC:KULR   None
KULR Technology Group Inc (OTCMKTS:KULR) has developed a proprietary solution, in partnership with NASA, for a very difficult problem: how to 3D print a passive propagation resistant (PPR) and internal short circuit (ISC) augmented battery that even works in space.

The stock now sits in a type-specimen Bullish Pennant pattern under clear target resistance above $3.75, which would represent an additional 50-60% upside ahead of a possible further breakout as the company continues to pile up catalysts as an emerging play on the growing Space theme.

"Through our partnership with KULR, we will now have the incredible ability to build space-optimized battery pack systems in-orbit," said Brandon Lewis, Human Landing System Cross Program Analysis Coordinator. "We take the safety of our astronauts very seriously. KULR's technologies will enable us to build safer battery packs that prevent dangerous thermal runaway propagation and protect our most valuable assets."

As noted in the company’s release, the ability to 3D print in space has numerous advantages, including the potential to make human space exploration less costly; allowing for extended missions; and reserving cargo capacity for other valuable items and/or equipment.

"The optionality to repair and replace battery packs in space with parts 3D printed in space is a complete game changer," said Dr. Timothy Knowles, co-founder and chief technology officer of KULR. "3D printing of KULR's PPR battery design will help lower the costs associated with battery pack transportation for the upcoming Artemis missions, where NASA will build sustainable elements on and around the moon in preparation for an eventual human mission to Mars."

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