KULR Technology Group announced a licensing agreement for its proprietary vibration reduction technology, KULR Xero Vibe (KXV), valued at $2.35 million. The deal includes a $1.1 million minimum guaranteed license and royalty fee, with additional revenue upside based on volume and technology upgrades.
The licensee, a leading Japanese corporation, intends to utilize KXV technology to balance industrial-scale fan systems in data center computer cooling, HVAC, and other industrial applications. KULR's KXV technology offers a transformative solution for balancing high-performance commercial fans running at speeds exceeding 33,000 RPM.
By virtually eliminating vibration, KXV optimizes cooling system performance and reduces energy consumption, which is critical for the growing number of AI-driven data center servers. This technology aims to make data center fan cooling systems more efficient and environmentally friendly, helping customers lower operational and capital expenditure costs.
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