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KULR Technology and H55 Inc. partner to develop sustainable electric propulsion systems for major firms like Pratt & Whitney and CAE, meeting safety standards and advancing certification journey.
Oddly enough, it will likely turn out that batteries are the next big thing. It shouldn’t be so surprising given that the big idea here is really about the storability and transportability of energy to power the world. The global market for lithium-ion batteries was valued at $108.4 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.1% over the next seven years. In the U.S., the battery market was valued at $10.49 billion in 2019. This is a clear revolutionary growth theme. And it is being driven primarily by the shift to electric vehicles. But there are m...