NYSE: KULR)
NYSE: KULR)
KULR Technology Group (NYSE: KULR) is actually looking to capitalize on this with its “SafeCASE” technology. It’s essentially a product that “ensures lithium-ion batteries are handled with the highest safety standards for storage and transportation.”Truth is, I didn’t even realize a market for such a thing existed. But according to Precedence Research, the global battery packaging market is projected to be valued at $201.85 Billion by 2032.Of course, providing storage and transportation for lithium-ion batteries isn’t the company’s calling card. Truth is, it’s actually been quite active in the space industry. The company has provided its technology for satellites, the International Space Station, and the Mars Rover. It partnered with NASA, Boeing, Lockheed Martin and Raytheon. And it provides everything from battery analysis and cell testing to battery production and vibration reduction systems.