Friday, May 24, 2024

New in Potash Stocks - Gensource Potash (TSX-V: $GSP.V) Kore Potash (LSE: $KP2.L) South Harz Potash (ASX: $SHP.AX)

New in Potash Stocks - Gensource Potash (TSX-V: $GSP.V) Kore Potash (LSE: $KP2.L) South Harz Potash (ASX: $SHP.AX)

 

Following Tin, Silica, Platinum & Graphene Stocks; (LSE: $1SN.L) (LSE: $SLP.L) (ASX: $VRX.AX) (TSXV: $SWAN.V)

 

 



 

 

May 24, 2024 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces today’s roundup of stocks to watch in the Mining sector.  

 

Read this in full at https://www.investorideas.com/news/2024/main/05241Stocks.asp

 

The newest potash mining companies have operations in Canada, Republic of the Congo and Central Germany.

 

The latest tin and platinum companies are LSE-listed, while the newest silica mining company is ASX-Listed.

 

The latest graphene company is operating in Quebec, Canada.

 

Investor Ideas is always on the hunt for new stocks to add to our growing list of free stock directories. The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector. 

 

New Stocks Added to the Mining Directories:

Gensource Potash Corp (TSX-V:GSP) is a fertilizer development company based in Saskatoon, Saskatchewan and is on track to become the next fertilizer production company in that province. With a modular and environmentally leading approach to potash production, Gensource believes its technical and business model will be the future of the industry. Gensource operates under a business plan that has two key components: (1) vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and (2) technical innovation which will allow for a modular and economic potash production facility, that demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning.

 

Kore Potash PLC (LSE:KP2) is focused on bringing its world-class potash projects into production for the benefit of all stakeholders. Kore’s Sintoukola district is a globally significant potash basin in the Republic of the Congo, with extremely high grade deposits at shallow depth located in close proximity to the coast. This new potash basin is strategically located close to growing African and South American markets and will provide an important new source of potash fertiliser, helping to meet the food needs of a growing global population.

 

South Harz Potash Ltd (ASX:SHP) was founded in 2015 in Australia and specializes in the development of potash mining projects. The executive managers and members of the board have decades of experience in potash exploration and mining around the world. Südharz Kali GmbH, which is 100% owned by South Harz Potash, holds three perpetual mining licences, Ohmgebirge, Ebelebenand Mühlhausen-Nohra, and two exploration licences, Küllstedt and Gräfentonna, in the South Harz Potash District in north-western Thuringia, central Germany. Our portfolio of German licences represents Western Europe’s most significant potash resource, comprised of high-grade Muriate of Potash (MOP) Inferred Mineral Resources (JORC 2012) and valuable potassium and magnesium sulphate minerals at relatively shallow depths. South Harz has identified at least four potential project areas across its licences, with Ohmgebirge identified as our flagship project due to its relative shallowness, high level of capital efficiency and potential to use existing proximate vertical shafts during construction. Permitting is already well advanced, and the proposed mining and processing methods for Ohmgebirge and Nohra-Elende are environmentally conscious.

 

First Tin PLC (LSE:1SN) is a fast-developing, LSE Main Market listed mining and development company which produces sustainable, ethical and reliable tin in conflict-free, low political risk jurisdictions, to support the current global clean energy and technological revolutions, with an ethos to “leave no trace” on the environment.

 

Sylvania Platinum (LSE:SLP) engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa and Mauritius. The company produces PGMs, including platinum, palladium, and rhodium.

 

VRX Silica Ltd          (ASX:VRX) is the most advanced pure-play silica sand company on the ASX, and perfectly positioned to capitalise on this unique opportunity for Western Australia to supply a growing silica sand market and meet rising global demand. The Company is developing its portfolio of five high-quality silica sand projects – the Arrowsmith North, Brand Silica and Central Silica Sand Projects, located 270km north of Perth, the Muchea Silica Sand Project 50km north of Perth, and the Boyatup Silica Sand Project, 100km east of Esperance all located in Western Australia. The company’s most advanced project, Arrowsmith North, is on track to commence production in 2024 subject to environmental approvals.

 

Black Swan Graphene (TSXV:SWAN) is focused on the large-scale production and commercialization of patented high-performance and low-cost graphene products aimed at several industrial sectors, including concrete, polymers, Li-ion batteries, and others, which are expected to require large volumes of graphene. Black Swan aims to leverage the low cost and green hydroelectricity of the province of Québec as well as the proximity of the province's emerging graphite industry in order to establish an integrated supply chain, reduce overall costs, and accelerate the deployment of graphene usage. On March 27, 2023, Black Swan, Nationwide Engineering Research and Development Ltd. and Arup Group Ltd. ("Arup") announced strategic partnerships, establishing a fully integrated supply chain, and providing a turnkey solution for the construction and concrete industries. Arup is a multinational engineering consultancy headquartered in London, United Kingdom, with 18,000 experts working across 140 countries. Black Swan's graphene processing technology was developed by Thomas Swan & Co. Ltd. ("Thomas Swan") over the last decade. Thomas Swan is a United Kingdom-based global chemicals manufacturer, with a century-long track record and has been at the forefront of graphene innovation.

 

 


For the avid Mining Stock Investors – Check out our free comprehensive directory of 
Mining Stocks Mining Stocks Directory

 

 

 

Stay up to date on current mining sector news at https://www.investorideas.com/Gold_Stocks/ and Get News Alerts on Mining Stocks

 

 


Check out the 
Exploring Mining podcast by Investor Ideas for the latest mining stock news and insightful interviews with top industry experts. We're proud to have been recognized as number 1 in the top 30 Mining Podcasts to listen to in 2024 by Feedspot based on a review of thousands of podcasts on the web and ranked by traffic, social media followers & freshness. Host Cali Van Zant interviews CEO's and analysts to give you insight into the sector. Stay ahead of the game with Exploring Mining.

 



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Revolutionizing the Electric Recreational Market (NYSE: $KULR) (NYSE: $PII) (NASDAQ: $VMAR) (NASDAQ: $SEDG) @KULRTech @PolarisInc @marine_vision @SolarEdgePV

Revolutionizing the Electric Recreational Market (NYSE: $KULR) (NYSE: $PII) (NASDAQ: $VMAR) (NASDAQ: $SEDG) @KULRTech @PolarisInc @marine_vision @SolarEdgePV  

 

May 24, 2024 - Investorideas.com, a go-to investing platform covering electric vehicles releases a report on the evolution of the sector as the recreational market follows suit, featuring KULR Technology Group, Inc (NYSE American:KULR), a global leader in safe and high-performance energy storage solutions.

 

This is a paid news dissemination for KULR

 

Read this article, featuring KULR in full at https://www.investorideas.com/news/2024/renewable-energy/05241Electric-Recreational-Stocks.asp

 

As all industry sectors of vehicles build out their electric portfolios, battery safety is still a key issue to address. ResearchandMarkets reported, ”In line with rapidly evolving electric mobility demands, the process of EV battery formation and testing is cementing its role as a critical industry segment. Technological advancements and rigorous testing measures are the linchpins for establishing stable, efficient, and secure battery operation that meets consumer expectations and strict regulatory frameworks.”

 

With battery safety as a key service and betting on a future of the electrification of multiple industries, (KULR Technology Group, Inc. (NYSE American:KULR) just added to its growing list entering the electric recreational products sector.

 

KULR just announced it has been awarded an engineering contract with Bombardier Recreational Products (NASDAQ: DOOO) for the Company’s Fractional Thermal Runaway Calorimetry (FTRC) testing services. This milestone underscores KULR's expanding influence and commitment to advancing battery safety in the rapidly growing electric recreational products sector. With an already established presence in space and military safe battery designs, KULR looks to continue discussions and market expansion with potential customers from major electric aviation, electric maritime, EV, and recreational off-road vehicle manufacturers.

 

Paid news dissemination for KULR:

The partnership highlights BRP’s proactive approach to thermal runaway management across all its e-mobility market verticals – including National Fire Protection Association (NFPA) 1192, while concurrently aligning with KULR’s development of the KULR ONE Design Solutions (K1-DS) platform, which focuses on regulatory compliance, including battery cell testing, propagation-resistant materials, pack and module level testing. The NFPA 1192 standard establishes fire and life safety criteria for recreational vehicles to provide protection from loss of life from fire and explosion.

 

"Securing this contract with BRP is a testament to the critical role that FTRC plays in ensuring the safety and reliability of next-generation consumer facing e-mobility products," said Michael Mo, Chief Executive Officer of KULR. "FTRC analysis is quickly becoming the de facto method to characterize cell-level thermal runaway, and we are actively working to expand our throughput for this testing in the coming months."

 

KULR's exclusive worldwide license for NASA’s large format FTRC positions the company as the industry standard for battery testing and design services. Serving top automakers, space exploration companies, and electric truck manufacturers, KULR’s FTRC technology offers comprehensive thermal runaway characterization for various cell types. This crucial technology enhances battery safety across industries, providing detailed insights into thermal runaway behavior and aiding in regulatory compliance. As the global battery testing market is projected to reach USD 16.5 billion by 2030, KULR’s FTRC capabilities ensure safe, high-capacity batteries for a sustainable future.

 

BRP Inc. (Bombardier Recreational Products) (NASDAQ: DOOO), a global leader in the world of powersports products, propulsion systems and boats built on over 80 years of ingenuity and intensive consumer focus, announced in February it added two new electric models available to more commercial users such as ski centers and recreational resorts, as well as consumers to play around their cabin. These new models are designed for more traction and flotation in loose snow.

 

Polaris (NYSE:PII), a global leader in powersports and its dvision, Polaris Commercial, introduced earlier this year its  all-new, all-electric Pro XD Full-Size Kinetic utility vehicle (UTV) ,engineered from the inside out to withstand tough jobsite duty cycles and enable all-day operation with zero exhaust – taking operational efficiency and sustainability to the next level. The Pro XD Kinetic further expands the industry-leading line-up of commercial work UTVs that boast durability, serviceability and safety features while increasing the environments and areas these all-electric UTVs can operate.

 

Polaris has been a leader in the electric UTV space with the class-leading and award-winning RANGER XP Kinetic. The all-electric RANGER has been called game changing and the gold standard for battery EV UTVs.

 

Also addressing safety in the electric recreational vehicle market, Vision Marine Technologies, Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion announced yesterday the filing of its fourth patent on May 15, 2024, for a dedicated high-voltage marine battery pack. This battery pack is a key element of the E-Motion™ Marine Powertrain Technology and will also be available as a standalone product for future recreational electric powerboats.

 

Over a rigorous five-year development period, Vision Marine meticulously tested and evaluated various batteries to power the E-Motion™ Electric Powertrain. Existing solutions fell short of the high standards for performance, security, and ease of installation required for a premier marine powertrain. Determined to address this gap, Vision Marine engineered a bespoke solution prioritizing security, performance, and user-friendly installation.

 

The Vision Marine team created a state-of-the-art marine battery surpassing automotive standards, featuring NMC (1) cells and an advanced battery management system. This unique battery is designed to endure the critical challenges of electric boating, with high voltage delivery, sophisticated electronic communications, and internal cooling tailored for the E-Motion™ Technology.

 

SolarEdge (NASDAQ: SEDG), a global leader in smart energy technology has also entered the recreational market. SolarEdge e-Mobility has developed The Modular electrification kit for trailers to overcome driving range challenges of electric vehicles and increase customer’s comfort.

 

According to the company website, “Modular e-Trailer, equipped with our system, is the key to autonomy and comfort without making compromises in environmental protection. It can support your EV, generate solar and recuperation energy, and play the role of solar residential storage, being an integral part of your home power network.”

 

As the electrification of all transportation rolls out from EV’s to aviation, recreational – battery safety and performance will remain some of the biggest issues to overcome.

 

Positioned to capitalize on these multiple markets,  KULR Technology Group, Inc (NYSE American:KULRannounced in January that it “is now the only entity in the world providing comprehensive fractional thermal runaway calorimetry testing services for every cell type, regardless of capacity or format. This breakthrough win firmly establishes KULR as the de facto industry standard battery testing and design services provider in the world to the largest OEM customers across all industries.”

 

Continued: “Sole access to this all-important thermal runaway data decisively positions KULR as a crucial strategic partner for OEM customers requiring state-of-the-art battery safety design, testing, storage, and recycling throughout any part or all of the battery’s life cycle.”

 

Research electric vehicles stocks at Investorideas.com

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp#EV

About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

 

Disclaimer/Disclosure: This news article featuring KULR is a paid for news release on Investorideas.com -Our site does not make recommendations for purchases or sale of stocks, services or products.  This is not investment opinion: Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more.. Contact management and IR of each company directly regarding specific questions. - More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Thursday, May 23, 2024

Breaking AI Stock News: Alset Capital Inc. (TSXV: $KSUM.V) (OTC: $ALSCF) Announces Formation of Artificial Intelligence Advisory Board and Appointments of Former Google, Panasonic, Huawei AI Executive and Web 3.0 Pioneer; @AlsetAI

Breaking AI Stock News: Alset Capital Inc. (TSXV: $KSUM.V) (OTC: $ALSCFAnnounces Formation of Artificial Intelligence Advisory Board and Appointments of Former Google, Panasonic, Huawei AI Executive and Web 3.0 Pioneer; @AlsetAI

 

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

 


VANCOUVER, BC , May 23, 2024 (Investorideas.com Newswire) Alset Capital Inc. (TSXV:KSUM) (FSE:1R60, WKN:A3ESVQ) ("Alset" or the "Company") is pleased to announce the formation of its Artificial Intelligence Advisory Board ("AI Advisory Board"), alongside the appointments of Willy Sun and Michael Gord to its AI Advisory Board.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Alset Capital Inc

 

Read this news, featuring KSUM in full at https://www.investorideas.com/news/2024/technology/05231KSUM-Formation-of-AI-Advisory-Board.asp

The AI Advisory Board will assist the Company's board of directors and executive officers to provide strategic guidance, expert insights, and oversight on the company's AI initiatives. Comprising diverse experts, the board will advise on AI strategy, identify emerging trends, ensure compliance with ethical standards, manage risks, evaluate AI performance, and foster innovation. The AI Advisory Board will report to the company's Board of Directors.

 

"The appointment of Willy Sun and Michael Gord to our AI Advisory Board marks a significant milestone in Alset's journey towards positioning its investment portfolio to become leaders in AI computing infrastructure and data management solutions," said Morgan Good, CEO of Alset. "Their combined expertise and leadership will be instrumental in guiding our strategic initiatives and driving innovation in the rapidly evolving field of artificial intelligence."

 

Willy Sun

Willy Sun, a seasoned executive with a distinguished background in artificial intelligence (AI) from leading technology firms including Google LLC (NASDAQ:GOOG), Panasonic Holdings Corporation (TYO:6752), and Huawei Technologies Co., Ltd., brings extensive experience in AI research and development. Willy's visionary leadership positions him as an ideal candidate to guide Alset in its AI initiatives.

 

Willy's illustrious career began at National Taiwan University's Department of Electrical Engineering, where he distinguished himself by publishing three lead-authored papers and delivering a presentation at a prominent IEEE conference during his doctoral studies - IEEE is the world's largest technical professional organization dedicated to advancing technology for the benefit of humanity. His pioneering work, especially in speech emotion recognition, set new benchmarks for accuracy, underscoring its potential to revolutionize human-computer interaction.

 

Transitioning from academia to the tech industry, Willy made substantial contributions to setting global standards in noise reduction for mobile devices at HTC and enhancing live streaming content monitoring regulations. His tenure at Google in the UK saw groundbreaking work on language-independent emotion recognition and advancements in Long Short-Term Memory (LSTM) research.

 

As the Chief Engineer for AI development at Huawei Technologies' 2012 Laboratory and an AI Scientist at Panasonic, Willy spearheaded initiatives in deep learning applications for speech processing, dialogue systems, and interactive interface design. His innovations in real-time monitoring of sensitive content in digital media have set new industry standards for safety and compliance.

 

In recent years, Willy has dedicated himself to harnessing AI to improve interactions between users and their home environments, pushing the boundaries of convenience, intelligence, and sustainability in living spaces. His vision for smart homes integrates advanced AI voice and dialogue systems, transforming daily life by enhancing efficiency, comfort, and security.

 

Michael Gord

Michael Gord, a serial entrepreneur and investor in Web 3.0, bringing his extensive experience in the digital asset space. Michael has successfully exited three startups and facilitated four acquisitions. He is an investor with over 70 portfolio companies, including four that have grown from seed stage to unicorn status.

 

Michael is the co-founder & CEO of the GDA Group of Companies, which are focused across the digital asset capital market and include GDA Capital, Acronym Asset Management, NFT BAZL, and Life DeFi. He is also a founder and board member of Metaverse Group, a metaverse technology company that was acquired by Tokens.com and subsequently by StoryFire, a SocialFi application with over 2.5 million users.

 

Previously, Michael was the CEO of MLG Blockchain, which focused on enterprise and government consulting and development, later merging with Secure Digital Markets to form GDA Capital. He also founded Bitcoin Canada, served on the board of the Bitcoin Association of Canada, which was acquired by the Chamber of Digital Commerce, and played a key role in the international expansion of the Blockchain Education Network. Michael was also the first enterprise blockchain developer at TD Bank.

 

Michael holds a B.Comm from The Desautels Faculty of Management at McGill University. He is fluent in English and French, and is learning Spanish, Portuguese, and Swedish. He has traveled to 80 countries across all continents and has lived in five countries across three continents.

 

On behalf of Alset Capital Inc.

 

"Morgan Good"

 

Morgan Good

Chief Executive Officer

 

About Alset Capital Inc.

Alset Capital Inc. is an investment issuer that is focused on investment in diversified industries such as technology, healthcare, industrial, special situations, operating businesses through both debt and equity using cash resources or shares in its capital. The Company is led by an experienced, entrepreneurial group of executives having a diverse industry and capital markets background.

 

Alset Capital Inc.'s investment portfolio comprises 49% ownership of Cedarcross International Technologies Inc. and 49% ownership of Vertex AI Ventures Inc.

 

For further information about Alset Capital Inc., please contact:

Morgan Good, CEO and Director

T: 604.715.4751

E: morgan@alsetai.com

 

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release may contain forward-looking information (within the meaning of Canadian securities legislation), including, without limitation, the creation of the advisory board and the appointment of Greg Johnson to the Company's board of directors. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors, which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Forward-looking statements speak only as of the date those statements are made. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions, or changes in other factors affecting the forward-looking statements. If the Company updates any forward-looking statement(s), no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE: Alset Capital Inc.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: Alset Capital Inc. is a paid featured AI stock on Investorideas.com effective April 20, 2024, More info https://www.investorideas.com/About/News/Clientspecifics.asp

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Stocks in the Electric Recreational Market (NYSE: $KULR) (NYSE: $PII) (NASDAQ: $VMAR) (NASDAQ: $SEDG) @KULRTech @PolarisInc @marine_vision @SolarEdgePV

Stocks in the Electric Recreational Market (NYSE: $KULR) (NYSE: $PII) (NASDAQ: $VMAR) (NASDAQ: $SEDG) @KULRTech @PolarisInc @marine_vision @SolarEdgePV  

 

Recreational Market Joins the Electrification Revolution of Vehicles; Battery Safety Still a Key Issue

 


May 23, 2024 - Investorideas.com, a go-to investing platform covering electric vehicles releases a report on the evolution of the sector as the recreational market follows suit, featuring KULR Technology Group, Inc (NYSE American:KULR), a global leader in safe and high-performance energy storage solutions.

 

This is a paid news dissemination for KULR

 

Read this article, featuring KULR in full at https://www.investorideas.com/news/2024/renewable-energy/05231Electric-Recreational-Market.asp

 

As all industry sectors of vehicles build out their electric portfolios, battery safety is still a key issue to address. ResearchandMarkets reported, ”In line with rapidly evolving electric mobility demands, the process of EV battery formation and testing is cementing its role as a critical industry segment. Technological advancements and rigorous testing measures are the linchpins for establishing stable, efficient, and secure battery operation that meets consumer expectations and strict regulatory frameworks.”

 

With battery safety as a key service and betting on a future of the electrification of multiple industries, (KULR Technology Group, Inc. (NYSE American:KULR) just added to its growing list entering the electric recreational products sector.

 

KULR just announced it has been awarded an engineering contract with Bombardier Recreational Products (NASDAQ: DOOO) for the Company’s Fractional Thermal Runaway Calorimetry (FTRC) testing services. This milestone underscores KULR's expanding influence and commitment to advancing battery safety in the rapidly growing electric recreational products sector. With an already established presence in space and military safe battery designs, KULR looks to continue discussions and market expansion with potential customers from major electric aviation, electric maritime, EV, and recreational off-road vehicle manufacturers.

 

Paid news dissemination for KULR:

The partnership highlights BRP’s proactive approach to thermal runaway management across all its e-mobility market verticals – including National Fire Protection Association (NFPA) 1192, while concurrently aligning with KULR’s development of the KULR ONE Design Solutions (K1-DS) platform, which focuses on regulatory compliance, including battery cell testing, propagation-resistant materials, pack and module level testing. The NFPA 1192 standard establishes fire and life safety criteria for recreational vehicles to provide protection from loss of life from fire and explosion.

 

"Securing this contract with BRP is a testament to the critical role that FTRC plays in ensuring the safety and reliability of next-generation consumer facing e-mobility products," said Michael Mo, Chief Executive Officer of KULR. "FTRC analysis is quickly becoming the de facto method to characterize cell-level thermal runaway, and we are actively working to expand our throughput for this testing in the coming months."

 

KULR's exclusive worldwide license for NASA’s large format FTRC positions the company as the industry standard for battery testing and design services. Serving top automakers, space exploration companies, and electric truck manufacturers, KULR’s FTRC technology offers comprehensive thermal runaway characterization for various cell types. This crucial technology enhances battery safety across industries, providing detailed insights into thermal runaway behavior and aiding in regulatory compliance. As the global battery testing market is projected to reach USD 16.5 billion by 2030, KULR’s FTRC capabilities ensure safe, high-capacity batteries for a sustainable future.

 

BRP Inc. (Bombardier Recreational Products) (NASDAQ: DOOO), a global leader in the world of powersports products, propulsion systems and boats built on over 80 years of ingenuity and intensive consumer focus, announced in February it added two new electric models available to more commercial users such as ski centers and recreational resorts, as well as consumers to play around their cabin. These new models are designed for more traction and flotation in loose snow.

 

Polaris (NYSE:PII), a global leader in powersports and its dvision, Polaris Commercial, introduced earlier this year its  all-new, all-electric Pro XD Full-Size Kinetic utility vehicle (UTV) ,engineered from the inside out to withstand tough jobsite duty cycles and enable all-day operation with zero exhaust – taking operational efficiency and sustainability to the next level. The Pro XD Kinetic further expands the industry-leading line-up of commercial work UTVs that boast durability, serviceability and safety features while increasing the environments and areas these all-electric UTVs can operate.

 

Polaris has been a leader in the electric UTV space with the class-leading and award-winning RANGER XP Kinetic. The all-electric RANGER has been called game changing and the gold standard for battery EV UTVs.

 

Also addressing safety in the electric recreational vehicle market, Vision Marine Technologies, Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion announced yesterday the filing of its fourth patent on May 15, 2024, for a dedicated high-voltage marine battery pack. This battery pack is a key element of the E-Motion™ Marine Powertrain Technology and will also be available as a standalone product for future recreational electric powerboats.

 

Over a rigorous five-year development period, Vision Marine meticulously tested and evaluated various batteries to power the E-Motion™ Electric Powertrain. Existing solutions fell short of the high standards for performance, security, and ease of installation required for a premier marine powertrain. Determined to address this gap, Vision Marine engineered a bespoke solution prioritizing security, performance, and user-friendly installation.

 

The Vision Marine team created a state-of-the-art marine battery surpassing automotive standards, featuring NMC (1) cells and an advanced battery management system. This unique battery is designed to endure the critical challenges of electric boating, with high voltage delivery, sophisticated electronic communications, and internal cooling tailored for the E-Motion™ Technology.

 

SolarEdge (NASDAQ: SEDG), a global leader in smart energy technology has also entered the recreational market. SolarEdge e-Mobility has developed The Modular electrification kit for trailers to overcome driving range challenges of electric vehicles and increase customer’s comfort.

 

According to the company website, “Modular e-Trailer, equipped with our system, is the key to autonomy and comfort without making compromises in environmental protection. It can support your EV, generate solar and recuperation energy, and play the role of solar residential storage, being an integral part of your home power network.”

 

As the electrification of all transportation rolls out from EV’s to aviation, recreational – battery safety and performance will remain some of the biggest issues to overcome.

 

Positioned to capitalize on these multiple markets,  KULR Technology Group, Inc (NYSE American:KULRannounced in January that it “is now the only entity in the world providing comprehensive fractional thermal runaway calorimetry testing services for every cell type, regardless of capacity or format. This breakthrough win firmly establishes KULR as the de facto industry standard battery testing and design services provider in the world to the largest OEM customers across all industries.”

 

Continued: “Sole access to this all-important thermal runaway data decisively positions KULR as a crucial strategic partner for OEM customers requiring state-of-the-art battery safety design, testing, storage, and recycling throughout any part or all of the battery’s life cycle.”

 

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