Kulr Technology Group (KULR) said Thursday that an unnamed private US space company has selected its M35A battery cells for spaceflight programs.
The M35A cells, previously selected for The National Aeronautics and Space Administration's Artemis II mission, are now also being used in the company's new 400 watt-hour K1 Space battery, which is nearing completion and will soon be assessed by NASA's safety experts, Kulr Technology said.
KULR shares were up more than 9% in early trading.
Price: 1.35, Change: +0.15, Percent Change: +12.08
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