09:28 AM EST, 11/25/2024 (MT Newswires) -- KULR Technology ( KULR ) said Monday it has been awarded a contract by the US Navy to develop high-temperature internal short circuit cells for improved battery safety in critical applications.

The project will support a wide range of uses, particularly in the aviation sector, by allowing the simulation of extreme conditions to better reflect the safety standards of the US Federal Aviation Administration and the EU Aviation Safety Agency, the company said.

Financial details weren't provided.