Space. The Final Frontier. As with any frontier in human culture, there are two main steps: 1. Exploration and discovery; and 2. Commercialization.
The first step took place basically from the 60’s to the 90’s. The second is now fully underway, and it looks like a doozy. While it’s hard to understand how space can be a resource, there is a roadmap coming into existence. And it would appear that 3d printing technology may be one of the most significant core forces underlying – and benefitting from – the process.
In the near term (over the next decade or so), the commercialization framework includes the development of a commercial economy in low Earth orbit (LEO).
This will likely benefit from the inevitable and already-signaled retirement of the International Space Station (ISS). LEO commercial prospects are dominated by commercial space stations as successors to the ISS.
This roadmap presumes that current ISS participants transition from being owners and operators to being customers of commercially owned and operated facilities that replace the ISS. Once this aspect of the LEO commercial ecosystem is privatized, one would assume that costs are reduced for participation, and many more countries will be able to participate.
That is thought to augment demand and create a self-reinforcing feedback loop of economic growth in LEO economics, lowering launch costs and enabling still more customers, which spurs the potential for more ambitious objectives, fueling a growing space-oriented economic ecosystem that can open up some truly remarkable future goals for humanity.
But a basic ingredient in this process is fabrication – ie, 3d printing of functional resources. One of the most basic such processes is the space fabrication of 3D printed battery systems for space.
KULR Technology Group Inc (OTCMKTS:KULR) recently announced that NASA’s Marshall Space Flight Center (MSFC) has awarded the Company a dual-use technology development agreement to build 3D printed battery systems for manned and robotic space applications.
A Necessary Ingredient
According to the company’s release, KULR Technology Group Inc (OTCMKTS:KULR) has passive propagation resistant (PPR) and internal short circuit (ISC) technologies that will be used to develop 3D printed battery systems that meet the JSC 20793 Revision D safety standard created by NASA for crewed space missions.
In other words, KULR has developed technology that meets this need – 3d printable lithium-ion battery systems with resistance to passive propagation risks that can work as space-borne fabrication technology for the coming space commercialization boom. And investors should take note.
While top 3d printing names such as 3D Systems Corporation (NYSE:DDD), Stratasys Ltd (NASDAQ:SSYS), and ExOne Co (NASDAQ:XONE) have positioned themselves as leaders in the space, the emergence of the space-borne economic ecosystem as a primary driver of 3d printing demand could vault KULR higher in relative terms given its strong status and history with NASA’s MSFC and the need to deliver functional printable technology in an extraterrestrial context.
“NASA employs highly rigorous assurance and safety standards, especially for our man-rated technologies. KULR’s PPR design solution for future manned and unmanned space missions is an ideal fit for mass design, flexibility and cost, all the while maintaining this safety rigor through battery risks such as thermal runaway,” said NASA MSFC Deputy Chief Technologist, John Carr.
KULR Technology Group Inc (OTCMKTS:KULR) is particularly interesting because it is involved in a process that has enormous growth potential with very little direct competition.
According to its release, only a handful of groups are working to adapt 3D printing for space application, and NASA’s MSFC is at the forefront of engineering excellence for 3D printing technology.
MSFC’s 3D printing expertise, combined with KULR’s proficiency in designing PPR battery packs, establishes the pinnacle in safe battery power systems manufactured in outer space. KULR’s PPR solution demonstrated its efficiency when it was used by NASA to transport and store batteries aboard the International Space Station last year.
“Through our partnership with KULR, we will now have the incredible ability to build space-optimized battery pack systems in-orbit,” said Brandon Lewis, Human Landing System Cross Program Analysis Coordinator. “We take the safety of our astronauts very seriously. KULR’s technologies will enable us to build safer battery packs that prevent dangerous thermal runaway propagation and protect our most valuable assets.”
As noted in its communications, the ability to 3D print in space has numerous advantages, including the potential to make human space exploration less costly; allowing for extended missions; and reserving cargo capacity for other valuable items and/or equipment.
“The optionality to repair and replace battery packs in space with parts 3D printed in space is a complete game changer,” said Dr. Timothy Knowles, co-founder and chief technology officer of KULR. “3D printing of KULR’s PPR battery design will help lower the costs associated with battery pack transportation for the upcoming Artemis missions, where NASA will build sustainable elements on and around the moon in preparation for an eventual human mission to Mars.”
DISCLAIMER: EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. EDM is NOT affiliated in any manner with any company mentioned herein. EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. EDM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed EDM has been compensated forty five hundred dollars for news coverage of the current press releases issued by KULR Technology Group Inc by a third party.
EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.
EDM Media LLC