KULR TECHNOLOGY GROUP ANNOUNCES SPONSORSHIP OF MARCO ANDRETTI IN THE 105TH RUNNING OF THE INDIANAPOLIS 500
KULR Technology Group, Inc. (OTCQB: KULR) (the “Company” or “KULR”), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today announced it will serve as a sponsor of Marco Andretti in the 105th Running of the Indianapolis 500 this Sunday, May 30, 2021. Piloted by Marco Andretti, the No. 98 Honda represents a partnership between Andretti Herta-Haupert Autosport with Marco Andretti and Curb-Agajanian. As a corporate sponsor, the KULR logo will be featured on the side tire ramp of the race car.
KULR Technology Group Inc. develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems. Earlier this year KULR became the official thermal management and battery safety technical partner for Andretti Technologies, the advanced technology arm of racing enterprise Andretti Autosport. The alliance establishes a thermal management testing and design platform for high-performance battery solutions with the highest safety ratings adapted to the technical requirements of Andretti’s racing enterprise.
“Excited to have KULR expand to our INDYCAR family for this year’s Indy 500,” said Marissa Andretti, Vice President, Andretti Autosport. “We already collaborate together on other motorsports projects, and we are both huge proponents of highlighting technical excellence, racing safety, and team building. I’m excited to see what we can accomplish together – both on and off the track.”
“The Andretti name represents the pinnacle of racing achievement in the NTT INDYCAR SERIES,” said Michael Mo, CEO, KULR Technology Group. “KULR is honored to be associated with the heritage and legacy Andretti Autosport maintains in the world of high-performance racing.”
In April 2021, KULR became official thermal management and battery safety provider for Andretti United Extreme E, the combination of U.S.-based Andretti Autosport and England’s United Autosports, for Extreme E, the new all-electric off-road global racing series.