KULR Technology Group and Scripps Research Institute's Baran Lab developed a cost-effective pyrolytic carbon electrode for electrochemistry.
Quiver AI Summary
KULR Technology Group, Inc. has announced a partnership with Scripps Research's Baran Lab to develop a new pyrolytic carbon (PC) electrode material that is set to enhance synthetic organic electrochemistry. This innovative electrode serves as a cost-effective and durable alternative to traditional carbon materials, boasting impressive mechanical strength and reactivity for various electrochemical applications, including crucial Kolbe couplings for chemical production. The electrode's manufacturing employs a proprietary chemical vapor deposition process, lowering costs and improving scalability. This advancement aims to facilitate broader access to advanced electrochemical techniques in industries ranging from pharmaceuticals to sustainable materials, promising to transform large-scale chemical synthesis. CEO Michael Mo expressed excitement about the potential impact of this technology on the market.
Potential Positives
- Innovative collaboration with Scripps Research's Baran Lab leads to the development of a groundbreaking pyrolytic carbon electrode material, enhancing the company's technological credibility and leadership in battery safety and thermal management.
- The new PC electrode material is a low-cost and scalable alternative to traditional carbon materials, which could improve KULR's competitive advantage in the synthetic organic electrochemistry market.
- The material's mechanical robustness and recyclability address previous limitations of existing electrodes, potentially expanding its adoption in various high-value chemical production applications.
- CEO Michael Mo emphasizes the transformative potential of this technology for large-scale chemical synthesis, reflecting strong leadership vision and market impact potential.
Potential Negatives
- While the collaboration with Scripps Research and the development of a new pyrolytic carbon electrode may present innovative advancements, it also indicates that KULR Technology Group is primarily reliant on external partnerships for breakthroughs, which could raise concerns about its internal research capabilities.
- The decision to allocate up to 90% of surplus cash to acquiring bitcoin may pose financial risks, as it exposes the company to the highly volatile cryptocurrency market, potentially affecting its financial stability and growth investments.
- Forward-looking statements in this release highlight uncertainties related to business projections, which could signal potential challenges ahead that may impact investor confidence.
FAQ
What is the significance of the collaboration between KULR and Scripps Research?
The collaboration aims to develop a groundbreaking pyrolytic carbon electrode material, enhancing synthetic organic electrochemistry.
How does the new pyrolytic carbon electrode compare to traditional materials?
The new electrode is a low-cost, robust, and versatile alternative to traditional amorphous carbon materials, offering enhanced mechanical strength and reactivity.
What are the key benefits of the pyrolytic carbon electrodes?
The electrodes provide affordability, scalability, durability, recyclability, and exceptional performance across various electrochemical reactions.
How will this innovation impact the field of synthetic organic chemistry?
This innovation promises to democratize access to advanced electrochemical techniques, improving batch and flow chemistry applications globally.
Where can I find more information about KULR Technology Group?
More information about KULR can be found on their website at www.kulrtechnology.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$KULR Hedge Fund Activity
We have seen 16 institutional investors add shares of $KULR stock to their portfolio, and 16 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ENZI WEALTH added 500,000 shares (+inf%) to their portfolio in Q3 2024, for an estimated $142,500
- GEODE CAPITAL MANAGEMENT, LLC added 479,026 shares (+44.5%) to their portfolio in Q3 2024, for an estimated $136,522
- MILLENNIUM MANAGEMENT LLC removed 288,426 shares (-68.1%) from their portfolio in Q3 2024, for an estimated $82,201
- JANE STREET GROUP, LLC removed 172,357 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $49,121
- VIRTU FINANCIAL LLC added 100,885 shares (+inf%) to their portfolio in Q3 2024, for an estimated $28,752
- FORTEM FINANCIAL GROUP, LLC added 84,082 shares (+inf%) to their portfolio in Q4 2024, for an estimated $298,491
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 79,104 shares (+inf%) to their portfolio in Q3 2024, for an estimated $22,544
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
HOUSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) --
KULR Technology Group, Inc.
(NYSE American: KULR) (the "Company" or "KULR"), a global leader in carbon-based thermal management and battery safety solutions, has announced an innovative collaboration with the prestigious Scripps Research Institute's Baran Lab. Together, the teams have developed a groundbreaking pyrolytic carbon (PC) electrode material, poised to transform synthetic organic electrochemistry.
The jointly developed electrode is a low-cost, robust, and versatile alternative to traditional amorphous carbon materials such as reticulated vitreous carbon (RVC) and glassy carbon (GC). With unparalleled mechanical strength and reactivity comparable to RVC and GC, this novel PC material overcomes the limitations of cost and scalability that have historically constrained large-scale synthetic organic applications.
Key Advancements:
Affordable and Scalable: The pyrolytic carbon electrodes are produced using a proprietary chemical vapor deposition (CVD) process, significantly reducing manufacturing costs and making large-scale synthesis feasible.
Versatile Applications: The material performs exceptionally well across a range of electrochemical reactions, including rapid alternating polarity (rAP) Kolbe couplings, which are essential for high-value chemical production.
Durability and Recyclability: Unlike fragile RVC electrodes, PC electrodes are mechanically robust, enabling simple cleaning and reusability without degradation.
Why This Matters
: Electrode innovation is critical for advancing synthetic organic electrochemistry, a field integral to the production of pharmaceuticals, polymers, and sustainable materials. This novel PC electrode addresses longstanding challenges, offering an economical, high-performance solution for batch and flow chemistry applications. Its scalability and broad reactivity promise to democratize access to advanced electrochemical techniques, enabling researchers and industries worldwide to adopt sustainable methodologies.
"KULR’s expertise in carbon materials, combined with the innovative vision of Scripps Research's Baran Lab, has resulted in a truly transformative material for synthetic chemistry," said Michael Mo, CEO of KULR Technology. "We are excited to bring this technology to market, where it has the potential to redefine how we approach large-scale chemical synthesis."
About KULR Technology Group Inc.
KULR Technology Group Inc. (NYSE American: KULR) delivers cutting edge energy storage solutions for space, aerospace, and defense by leveraging a foundation of in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities. The Company’s holistic offering allows delivery of commercial-off-the-shelf and custom next generation energy storage systems in rapid timelines for a fraction of the cost compared to traditional programs. On December 4, 2024, KULR announced that its Board of Directors has agreed to include bitcoin as a primary asset in its treasury program and committed to allocating up to 90% of its surplus cash to the acquisition of bitcoin. For more information, please visit
www.kulrtechnology.com
.
About Scripps Research
Scripps Research is a world-renowned institution at the forefront of medical and scientific discovery. Through groundbreaking research and strategic partnerships, the institute addresses global challenges and drives transformative innovation across disciplines. For more information, please visit
https://www.scripps.edu
.
Safe Harbor Statement
This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on April 12, 2024, as may be amended or supplemented by other reports we file with the Securities and Exchange Commission from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management’s best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Investor Relations:
KULR Technology Group, Inc.
Phone: 858-866-8478 x 847
Email:
ir@kulrtechnology.com
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
