KULR Technology Group, Inc. (NYSE American: KULR) has announced an active collaboration with the U.S. Army to evaluate the Kulr Vibe system for vibration reduction and optimal balance on the AH-64E Apache and UH-60 Black Hawk helicopters. The 12-month study, set to commence in 2025, will be conducted in partnership with the South Carolina National Guard at McEntire Joint National Guard Base.
The evaluation aims to assess how Kulr Vibe can contribute to stricter vibration standards, streamline track and balance operations, reduce long-term maintenance costs, and improve aircraft longevity and reliability. The company's Vice President of Sales and Marketing, Ted Krupp, expressed excitement about the potential of Kulr Vibe to enhance reliability and safety while reducing maintenance overhead, noting that the collaboration underscores the Army's commitment to leveraging advanced technologies to optimize performance and safety across its aviation fleet.
KULR Technology's track record includes delivering innovative solutions that directly support the operational readiness of military assets. For example, its work with the U.S. Marine Corps on the AH-1Z Viper helped avoid the premature retirement of a $39 million asset and reduced over 2,000 hours of troubleshooting time, ultimately saving the Department of Defense millions of dollars.
This partnership with the U.S. Army reinforces KULR's dedication to enhancing the reliability, safety, and operational efficiency of critical equipment, ultimately contributing to mission success across the armed services. Today the company's shares have moved -7.8% to a price of $4.29. If you want to know more, read the company's complete 8-K report here.
