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KULR Technology Group ( (KULR) ) has shared an update.
KULR Technology Group has entered into a significant $2.35 million licensing agreement for their KULR Xero Vibe technology, designed to enhance cooling systems by reducing vibration, thus improving energy efficiency and operational stability. This deal with a major Japanese corporation will apply the technology to industrial fan systems, potentially revolutionizing cooling in data centers and reducing environmental impact. The technology not only promises to lower operational costs but also to extend the lifespan of cooling systems, supporting a shift towards more sustainable energy management practices.
For a thorough assessment of KULR stock, go to TipRanks’ Stock Analysis page.
