KULR Technology awarded $6.7M by Texas Space Commission

KULR Technology (KULR) announced that it has been awarded $6,703,500 by the Texas Space Commission as part of a $26 million grant award focused on strengthening Texas’ leadership in space exploration and technology. The announcement was made public by the Commission and covered by SpaceNews. KULR’s selection supports its role in an ambitious program to develop cold-temperature lithium-ion battery solutions for the next generation of Lunar and Martian missions. The initiative is being carried out in close collaboration with NASA Johnson Space Center, JSC, and in partnership with South 8 Technologies, aligning public, private, and academic stakeholders to deliver scalable, space-rated battery technology.