KULR Technology Group Inc (OTCQB:KULR), a leading developer of next-generation thermal management technologies, has announced that it is expanding its manufacturing presence to a new, larger facility in San Diego to accommodate continued business growth.
The company said it plans to leverage its new facility to commence commercialization of its product portfolio while also establishing new internal operational efficiencies.
The new facility will also provide KULR’s partners with improved workspace to facilitate collaboration and communication while providing the company with further room for growth.
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“We’re truly happy to be able to move into a new building with significantly more production space while remaining in our home city of San Diego,” said Keith Cochran, president and COO of KULR.
“More than anything, this move and recent key hires represent our continued commitment to scale and commercialization of KULR’s space-proven thermal management technologies. This strategic move will assist the company as it pushes forward with the uplisting process to a U.S. senior exchange.”
As of May 1, KULR’s new location will be based at the McGrath Commerce Center, 4863 Shawline Street, Suite B, San Diego, California, 92111.
The company develops, manufactures, and licenses next-generation carbon fiber thermal-management technologies for batteries and electronic systems.
KULR’s technology enables leading aerospace, electronics, E-mobility, energy storage, 5G infrastructure and electric vehicle manufacturers to make their products cooler, lighter, and safer for users and consumers.
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Story by ProactiveInvestors
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