KULR Technology Group, Inc. unveiled a commitment exceeding $1 million with H55 Inc. H55 will employ KULR's unique Thermal Runaway Shield (?TRS?) within its propulsion systems that equip fleets of industry behemoths such as Pratt & Whitney and CAE Inc. According to the agreement, the initial delivery phase began in First Quarter 2024. Embedding KULR's TRS into H55's Electrical Propulsion System (?EPS?) is critical for aligning with the European Union Aviation Safety Agency (?EASA?) safety protocols. H55 harnesses KULR's innovative TRS to construct systems that adhere to stringent safety measures while retaining efficiency and energy density.

EASA recently approved the H55 EPS solution, paving the way for the critical compliance demonstration phase of their certification program.