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KULR grants carbon fiber cathode license for nuclear reactor applications

KULR Technology Group signed a multi-million-dollar licensing agreement with a new technology partner to enable advanced carbon fiber cathode applications for nuclear reactor systems in Japan. The licensed carbon fiber cathode solutions are specifically engineered for critical use in nuclear reactors, offering enhanced safety, superior heat dissipation, and structural integrity.

The license will be applied to laser-based nuclear fusion systems as well as small modular reactors (SMRs). Laser-based fusion employs high-powered lasers to initiate fusion reactions, representing an alternative to traditional methods.

This licensing agreement underscores KULR’s leadership in carbon fiber-based energy solutions and opens new opportunities for advancements in nuclear technology within Japan and the broader Asian market. By leveraging its innovative carbon fiber cathode technology, KULR aims to contribute to the development of fusion technology to meet the world’s increasing energy demands while addressing climate change.

According to Goldman Sachs, data center energy demand—currently representing 1-2% of global demand—is projected to double by 2030. This growth is driven by hyperscalers increasingly focusing on nuclear energy to meet the rising demands of AI-powered applications in data centers. Global electricity use is projected to rise by as much as 75% by 2050 (US Department of Energy).

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