By Chris Wack
KULR Technology Group shares were 10% higher, at $2.64, after the company entered into a collaboration with the Scripps Research Institute's Baran Lab to continue development of a pyrolytic carbon electrode material.
The two parties jointly developed the electrode as a low-cost, versatile alternative to traditional amorphous carbon materials such as reticulated vitreous carbon and glassy carbon.
The pyrolytic carbon electrodes, used in the production of pharmaceuticals, polymers and sustainable materials, are produced using a proprietary chemical vapor deposition process, which KULR says reduces manufacturing costs and makes large-scale synthesis feasible.
KULR also said the material performs well across a range of electrochemical reactions, including rapid alternating polarity Kolbe couplings, which are essential for high-value chemical production.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
January 22, 2025 13:52 ET (18:52 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。