KULR Technology Group

KULR Technology Group, Inc. engages in the development and commercialization of thermal management technologies for batteries, electronics, and other components across an array of battery-powered applications. Its total battery safety solution products can be used for electric vehicles, energy storage, battery recycling transportation, cloud computing, and 5G communication devices. The company was founded by Michael Mo in December 2015 and is headquartered in San Diego, CA.

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KULR Technology Group excels in Q1 2024, eyes space battery market

KULR Technology Group's Q1 2024 performance reflects strong revenue growth, cost management improvements, and strategic advancements in battery design and testing.
While facing challenges in product revenue and cost discipline, the company is well-positioned to leverage opportunities in the space battery market and drive innovation through data-driven solutions.

KULR Technology Group excels in Q2 2024, poised for industry leadership

KULR Technology Group's Q2 2024 performance reflects strong revenue growth, strategic investments, and product development initiatives.
The company's financial stability, technological advancements, and market expansion efforts position it well for future growth and industry leadership.
While facing challenges in scaling operations and navigating industry dynamics, KULR remains focused on innovation and seizing growth opportunities.
Overall, KULR's Q2 2024 earnings call highlights a promising outlook driven by revenue growth, product diversification, and market expansion strategies.

KULR Technology Group achieves record revenue, eyes growth opportunities ahead

KULR Technology Group reported strong financial performance, highlighted by record revenue and strategic investments in growth areas.
The company's focus on diversification, operational efficiency, and readiness for future demand signals a proactive approach to sustainable growth.
While facing challenges in managing growth and regulatory complexities, KULR is well-positioned to capitalize on opportunities in evolving markets.

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KULR Technology Group, Inc. engages in developing, manufacturing, and licensing next-generation carbon fiber thermal management technologies for batteries and electronic systems. Its products include cellcheck, safecase, thermal capacitor, fiber thermal interface, thermal runaway shield, internal short circuit, and cathode. The company was founded by Michael Mo and Timothy R. Knowles in December 2015 and is headquartered in San Diego, CA.

KULR Technology Group Inc (NYSE:KULR) said it has secured a $2.68 million follow-on contract as the exclusive supplier of its patented and proprietary fail-safe Passive Propagation Resistant (PPR) battery solutions for a stationary and mobile lithium-ion battery power system manufacturer. After extensive design and testing efforts, this order represents KULR's single largest PPR deployment order in a stationary or mobile energy product to date.

KULR Technology secures $2.68 million follow-on contract for its Passive Propagation Resistant battery solutions

SAN DIEGO, Feb. 28, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced it secured a $2.68 million follow-on contract as the exclusive supplier of its patented and proprietary fail-safe Passive Propagation Resistant (“PPR”) battery solutions for a stationary and mobile lithium-ion battery power system manufacturer (the “Customer”). After extensive design and testing efforts, this order represents KULR's single largest PPR deployment order in a stationary or mobile energy product to date. This is a follow-on order as the Customer prepares to scale towards the full automation of its battery assembly operations, whilst KULR expands its automated PPR component manufacturing in North America.

KULR Secures Follow-On $2.68 Million Contract as Exclusive Supplier of Fail-Safe Battery Safety Solutions for Industrial Scale Energy Storage System Manufacturer

KULR Technology Group Inc (NYSE:KULR) has announced that its fourth-quarter revenue probably more than doubled, while its profit margins expanded as it added more customers to its platform.  Releasing preliminary and unaudited results for the three months ended December 31, 2022, the energy management platform company told investors it expects to report revenue of $1,813,000, an increase of about 137% from the $766,000 reported a year earlier.

KULR Technology says 4Q revenue likely jumped 137% as its platform expands

SAN DIEGO, Feb. 13, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced its unaudited preliminary financial results for the fourth quarter ending December 31st, 2022.

KULR Reports Preliminary Fourth Quarter 2022 Financial Results, Anticipates 137% Revenue Growth

KULR Technology Group Inc (NYSE:KULR) has announced that the US Patent and Trademark Office has awarded a patent on the technology behind its SafeCase products – a US Department of Transportation (DoT) permitted lithium-ion battery cell and pack storage and transportation system.  The company said the SafeCase products are designed to mitigate thermal runaway propagation and its catastrophic effects for lithium-ion battery packs of up to 2.5 kilowatt-hours (kWh) per case by utilizing its patented Thermal Runaway Shield technology.

KULR Technology announces issuance of US patent covering lithium-ion battery storage and transportation solution

Issuance of United States Patent 11502352 Further Bolsters Company's Intellectual Property Portfolio Issuance of United States Patent 11502352 Further Bolsters Company's Intellectual Property Portfolio

KULR Technology Group Announces Issuance of U.S. Patent Covering Li-Ion Battery Storage and Transportation Solution

SAN DIEGO, Feb. 01, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced that it has retained Integrous Communications as its investor relations advisor.

KULR Technology Group Retains Integrous Communications

SAN DIEGO, Jan. 30, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, is scheduled to participate at the following conferences in the month of February 2023:

KULR Sets February 2023 Conference Schedule

KULR CEO Michael Mo says the company had spent the past few years investing in its employees and infrastructure to create long-term shareholder value. A bearish trend since November 2021, but KULR underperformed the leading stock market indices in 2022. But note that KULR is a volatile small-cap stock.

Lithium Is Cool But KULR Technology Could Be Cooler (A Discussion With CEO)

SAN DIEGO, Jan. 23, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced it will demonstrate its KULR VIBE suite of products and services at the 2023 Autonomous VTOL Technical Meeting and Electric VTOL Symposium on January 24-26, 2023 in Mesa, Arizona. KULR is a sponsor of the event, which is in its 10th year of leading presentations and interactive discussions in the latest advancements in electric vertical takeoff and landing (“eVTOL”) aircrafts, and the challenges that still remain. Invited presentations from all areas of eVTOL will be discussed, from researchers and leaders in academia, industry and government agencies from around the globe, and cover all-electric, hybrid-electric and hydrogen-electric propulsion systems.

KULR Technology Group to Demonstrate KULR VIBE at the 2023 Autonomous VTOL Technical Meeting and Electric VTOL Symposium on January 24-26, 2023

SAN DIEGO, Dec. 30, 2022 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE: KULR) (“the Company” or “KULR”), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, is scheduled to virtually participate at the 25th Annual Needham Growth Conference on January 12, 2023.

KULR Technology Group to Virtually Participate at the 25th Annual Needham Growth Conference on January 12, 2023

KULR Technology Group Inc (NYSE:KULR) has announced a partnership with Theory Racing, a leading World Cup Enduro racing team. The partnership with Theory comes on the heels of the company announcing that it will introduce its all-new modular energy storage platform, KULR ONE, at CES 2023 this January 5-8.

KULR Technology announces partnership with Theory Racing, a leading World Cup Enduro racing team

Company Takes Technological Safety Advancements Derived from NASA-Proven Thermal Solutions to Mountain and City Commuter E-Bikes Company Takes Technological Safety Advancements Derived from NASA-Proven Thermal Solutions to Mountain and City Commuter E-Bikes

KULR Technology Group Partners With Theory Racing to Develop Next-Generation E-Bike Batteries

KULR Technology Group Inc (NYSE:KULR) announced that it has entered into a six-figure annual subscription agreement with a US-based commercial helicopter operator to provide global track and balance support for its fleet of helicopters via KULR VIBE, which provides a proprietary artificial intelligence (AI)-driven vibration reduction solution.  The energy management platform company said by incorporating KULR VIBE into its maintenance program, the helicopter operator client, which is one of the world's largest civilian helicopter operators, can safely service and maintain operations of its diverse helicopter fleet that service customers in the oil and gas and air-medical sectors.

KULR Technology inks six-figure yearly subscription deal to provide US helicopter operator with KULR VIBE

KULR Provides Client's Global Fleet of Helicopters with Mission-Critical Maintenance Support KULR Provides Client's Global Fleet of Helicopters with Mission-Critical Maintenance Support

KULR Secures First Customer for KULR VIBE Underscoring Solution's Commercial Application in the Aviation Sector

KULR Technology Group Inc (NYSE:KULR) announced that its CellCheck Battery Monitoring System is now running on the Azure cloud computing service by Microsoft. The next-generation battery safety technology captures real-time and lifetime battery data, which allows it to detect adverse electrical, environmental and physical events and leads to maximum battery safety, reliability, and performance, according to KULR.

KULR Technology Group launches CellCheck Battery Monitoring System on Microsoft's Azure cloud service

SAN DIEGO, Dec. 13, 2022 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced that its CellCheck Battery Monitoring System is now running on the Azure Cloud Computing Service by Microsoft (NASDAQ: MSFT). This next-generation battery safety technology captures real-time and lifetime battery data allowing it to detect adverse electrical, environmental and physical events resulting in maximum battery safety, reliability, and performance. In its new iteration, CellCheck devices can wirelessly transmit live sensor data from the edge to the Azure Cloud where it is displayed on an extensive dashboard system.

KULR's CellCheck Battery Monitoring System Launches on Microsoft's Azure Cloud Computing Service

KULR Technology Group Inc (NYSE:KULR) said it will be expanding its vibration reduction solution KULR VIBE offering with the launch of a scalable, centralized artificial intelligence (AI) server platform.  Powered by NVIDIA accelerators, the company said the updated KULR VIBE system offers customers enhanced scalability and data security along with NASA-proven battery safety solutions and energy efficiency.

KULR Technology Group adds scalable centralized artificial intelligence server platform to KULR VIBE solution

Powered by NVIDIA Accelerators, KULR VIBE's Expanded Technology Offers Customers Enhanced Scalability and Data Security Along with NASA-Proven Battery Safety Solutions and Energy Efficiency

KULR Technology Group Expands KULR VIBE With Scalable Centralized Artificial Intelligence Server Platform

KULR Technology Group Inc (NYSE:KULR) announced that it has achieved operational readiness for its Fractional Thermal Runaway Calorimeter (FTRC) within its suite of battery safety and thermal management solutions after finalizing a commercial licensing agreement with the National Aeronautics and Space Administration (NASA) for the agency's patent-pending FTRC solution. The energy management platform company said its new commercial license allows customers access to new battery safety and testing solutions across multiple industries.

KULR Technology finalizes commercial licensing deal for NASA's FTRC technology

Company's New Commercial License Allows Customers Access to New Battery Safety and Testing Solutions Across Multiple Industries

KULR Adds to Suite of Battery Safety and Testing Solutions With New Commercial License of NASA Technology

SAN DIEGO, Nov. 28, 2022 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, is scheduled to participate at the following conferences in December 2022:

KULR Sets December 2022 Conference Schedule

Provides Forum for Leaders in the Electrification Movement to Discuss Provocative, Innovative Ideas and Initiatives About the Global Electrification Movement and Advanced Battery Technology

KULR Launches the Energy Solutions Today Podcast

KULR Technology Group Inc said its new CubeSat Lithium-ion battery pack format will support the NASA space program and Artemis missions to the moon. With an industry-leading position in safe battery design and testing, and as a major player in the current global electrification movement, KULR said it is one of few companies that has successfully achieved the stringent requirements and rigorous testing set forth by the JSC 20793 Revision D safety standard created by NASA crewed space missions.

KULR Technology CubeSat to support NASA space program, including Artemis mission to the moon

SAN DIEGO, Nov. 16, 2022 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced the launch of its new, CubeSat, SmallSat Lithium-ion (Li-ion) battery pack format to further support the NASA space program and launch of Artemis. From the International Space Station and the Mars Rover Perseverance mission to the new Artemis Space Program, KULR continues its close relationship and contract with NASA helping to ensure the safety of battery systems, flight, and the exploration of space.

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