KULR Technology secures special permits from U.S. DoT for SafeX products

KULR Technology Group announced that the United States Department of Transportation recently granted Special Permit 21693 and Special Permit 21704 to the Company. The new special permits cover transportation of damaged, defective, or recalled batteries as well as end-of-life batteries to include the critical area of battery disposal and recycling, paving the way for safer and more sustainable battery recovery and reuse practices. The DoT’s approval of these special permits validates the safety standards and reliability of KULR‘s SafeCASE product for transporting and storing lithium-ion batteries which is expected to generate additional opportunities for KULR with both existing and new customers in various industries. Securing both Special Permit 21693 for DDR and Special Permit 21704 for EOL enables KULR to further deploy its innovative SafeCASE technology, addressing the pressing need for responsible battery management amidst the rising utilization of batteries across diverse industries. Both Special Permits will open new doors for the Company to support industries and consumers in managing batteries at their end of life or when they become damaged or defective, in a manner that is both safe and compliant with regulations. Previously, KULR partnered with Clarios, the largest global producer of lead acid batteries, providing its SafeCASE transportation solution for a U.S. Department of Energy lithium battery lifecycle initiative to develop the manufacturing and re-use of lithium-ion batteries and their chemical elements in the United States for the purpose of domestic national interest.