Publicly-listed KULR and Worksport Partner To Drive Innovation in Battery Technology, Manufacturing

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TheNewsCrypto 1w ago

Publicly-listed KULR and Worksport Partner To Drive Innovation in Battery Technology, Manufacturing - TheNewsCrypto

Quick Summary:

Both companies made headlines last month when they announced they would purchase large amounts of BTC Worksport Ltd.(NASDAQ: WKSP) and KULR Technology Group (NYSE: KULR), have posted an announcement that they are joining forces to push the boundaries of battery technology.

The company revealed its plan to allocate up to 90% of its surplus cash reserves to Bitcoin, marking a significant shift in its treasury management approach.

Beyond hardware improvements, the companies are also taking a forward-thinking approach by integrating AI-driven software into the battery management system.