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Kulr Secures $2.35M Cooling Tech Deal

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October 03, 2024

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Material developer Kulr has recently announced a significant milestone by signing a licensing agreement for its proprietary vibration reduction technology. The $2.35 million deal for the Xero Vibe (KXV) technology from US-based Kulr includes a $1.1 million minimum guaranteed license to a leading Japanese semiconductor company.

The KXV technology plays a crucial role in balancing high-performance commercial fans that run at speeds exceeding 33,000 RPM. These fans are essential for cooling a growing number of AI-driven data center computer servers. By reducing vibration to virtually zero, the KXV system optimizes cooling system performance and decreases energy consumption.

The licensee, specializing in systems integration and the distribution of advanced semiconductors, focuses on balancing industrial-scale fan systems used in data center computer cooling, HVAC, and other industrial applications. The advantages of reducing vibration extend to quieter, more stable, and reliable operations, with a significant reduction in mechanical stress on fans and cooling systems. This leads to an extended lifespan for the equipment and reduced maintenance costs.

Michael Mo, CEO of Kulr, emphasized the impact of the KXV technology, stating, “By virtually eliminating vibration, KXV is a game-changer technology that makes data center fan cooling systems more efficient and environmentally friendly. It helps customers lower operational and capital expenditure costs.”

According to the US Chamber of Commerce, energy consumption stands as the single largest operational expense for data centers, with cooling costs representing approximately 40% of total expenses. Kulr is now exploring additional license opportunities based on geographic regions in power applications to further expand the reach and impact of its innovative technology.

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