KULR Technology partners with Andretti Technologies to develop thermal management tech for EV motorsports

KULR Technology Group Inc (OTCQB:KULR) said it has agreed a long-term technology and developmental partnership with Andretti Technologies (ATEC), the advanced technology arm of racing team Andretti Autosport. The developer of lithium-ion battery safety and thermal management tech said as part of the alliance it will establish a thermal management testing and design platform for high-performance battery solutions with the highest safety ratings that will be adapted to the technical requirements of Andretti’s racing enterprise. READ: KULR Technology Group announces new president and COO Both parties will also focus on co-developing and co-marketing motorsports' battery and safety technologies to automotive partners for mass-market electric vehicle (EV) applications. KULR said the aim of the partnership is a transfer of technical knowledge from aerospace to the racetrack through ATEC affiliated programs. Drawing upon KULR's technical expertise in building lightweight, high-performance thermal management solutions for space exploration, including instruments for the International Space Station, the Mercury Messenger, and the Mars Rover, ATEC plans to implement new cooling technology, battery cell architecture, and testing methodologies for its high performance and high power applications within the global EV motorsports marketplace. The company also said it has ambitions for its passive propagation resistant (PPR) solutions within the ATEC battery storage and transportation safety roadmap. “We are in the early innings of the EV revolution. ATEC is a perfect partner for KULR to showcase our space-proven technology in the world of high-performance motorsports. From here, we will deliver the absolute pinnacle in performance and the safest battery products for the mass EV markets”, KULR chief executive Michael Mo said in a statement. Contact the author at calum@proactiveinvestors.com Follow him on Twitter @Cal_Proac