- KULR Technology Group Inc KULR has received an initial order totaling ~$500 thousand for its passive propagation resistant battery systems from the Lockheed Martin Corp LMT.
- The order is for immediate delivery and is the starting point in the partnership as LMT leverages KULR's technological advancements in PPR energy products for its Advanced Energy Systems.
- KULR's PPR energy products include the Thermal Runaway Shield, the Internal Short Circuit, and the monitoring system KULR developed for its aerospace and U.S. Department of Defense customers.
- Price Action: KULR shares are trading higher by 1.16% at $3.49, and LMT lower by 1.18% at $337.20 during the premarket session on Tuesday.
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