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.

SAN DIEGO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, will hold a conference call on Tuesday, November 14th at 4:30 p.m. Eastern time (1:30 p.m.

KULR Technology Group Sets Third Quarter 2023 Earnings Call for Tuesday, November 14, 2023 at 4:30 p.m. ET

SAN DIEGO, Oct. 30, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced an extension to its previously awarded contract with the United States Army (“Army”) following promising initial results. The Army has extended its collaboration with KULR to continue the development, testing, and analysis of next generation lithium-ion battery cells incorporating the Company's battery storage platform, KULR ONE Design Solutions ("K1-DS").

KULR and United States Army Extend Previously Awarded Contract

KULR Selected by Top 5 Electric Truck Manufacturer. Contract to Test and Analyze High-Energy Battery Cells for Next Generation Electric Trucks and SUVs

KULR Selected by Top 5 American Electric Truck Manufacturer to Design and Develop Safer Next-Gen Batteries

A Partnership Estimated at $3.5 Million to $5 Million Incorporates KULR ONE Design Solutions with Forge Nano's Battery Cells

KULR and Forge Nano Form a Strategic Partnership for Enhanced Battery Safety and Performance

KULR VIBE service to help reduce noise and vibration while enhancing the overall balance of Velos' V3 UAV helicopter for highly sensitive payloads

KULR Technology Group to Supply Velos Rotors with Vibration Reduction Technology

Company Continues to Execute its Growth Plan by Reducing Total Debt and Increasing Financial Flexibility Company Continues to Execute its Growth Plan by Reducing Total Debt and Increasing Financial Flexibility

KULR Pays Down Outstanding Note

SAN DIEGO, Sept. 15, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced the closing of its $2.875 million underwritten public offering of 8,214,285 shares of its common stock, including 1,071,428 shares of its common stock issued pursuant to the full exercise by the underwriter of its over-allotment option. The public offering price, before the underwriter's discount and commissions, for each share of common stock was $0.35. All of the securities in the underwritten public offering were sold by the Company.

KULR Announces Closing of $2.875 Million Public Offering of Common Stock, Including Full Exercise of Over-Allotment Option to Purchase Additional Shares

KULR CEO to Participate in Public Offering as Company Pays Down Debt and Funds Growth SAN DIEGO, Sept. 13, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in sustainable energy management, today announced that it has priced its underwritten public offering of 7,142,857 shares of its common stock at a public offering price of $0.35 per share.

KULR Announces Pricing of $2.5 Million Public Offering of Common Stock

SAN DIEGO, Aug. 31, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in sustainable energy management, is pleased to announce today the latest purchase order from the National Aeronautics and Space Administration (“NASA”), an independent agency of the U.S. federal government, as part of a multi-phase agreement for its advanced automated battery cell screening system. This recent procurement involves the assessment of 10,000 LG Chem Lithium-Ion INR18650 M36T cells.

KULR Secures Third NASA Order for Automated Battery Cell Testing Services

SAN DIEGO, Aug. 30, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced that it has extended the initial tranche of its Note repayment to Yorkville to September 22, 2023.

KULR Announces Extension of Outstanding Note

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SAN DIEGO, Aug. 17, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced the decision to withdraw a proposed underwritten public offering. KULR has recently seen significant fluctuations in its stock price, giving management pause in its decision to move forward with the proposed offering.

KULR Withdraws Proposed Public Offering Due to Market Volatility

Kulr Technology (NYSEMKT: KULR ) stock is falling hard on Thursday after the thermal management company announced a proposed public share offering. Kulr Technology has yet to reveal the finer details of the stock offering.

Why Is Kulr Technology (KULR) Stock Down 27% Today?

KULR Technology Group, Inc. (NYSE:KULR ) Q2 2023 Earnings Conference Call August 16, 2023 4:30 PM ET Company Participants Stuart Smith - Investor Relations Michael Mo - Chief Executive Officer Keith Cochran - President and Chief Operating Officer Shawn Canter - Chief Financial Officer Conference Call Participants Howard Halpern - Taglich Brothers Stuart Smith Welcome to the KULR Technology Group Second Quarter Earnings Conference Call. KULR Technology Group is a publicly traded company on the New York Stock Exchange, traded under the ticker symbol KULR.

KULR Technology Group, Inc. (KULR) Q2 2023 Earnings Call Transcript

Company Estimates Full-Year 2023 Revenue Between $10 Million and $14 Million SAN DIEGO, Aug. 16, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today reported results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Results Revenues: In the second quarter ended June 30, 2023, revenue increased to $2.7 million from $0.6 million reported in the same period last year for an approximately 360% increase.

KULR Technology Group Reports Second Quarter 2023 Financial Results and Provides Full-Year Revenue Guidance

Contract to Test and Analyze High-Energy Battery Cells for Next Generation Electric Vehicles SAN DIEGO, Aug. 16, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced it has received a contract from one of the world's top-selling automakers (“Automaker”) for testing and analysis of high-energy battery cells for its next generation electric vehicles. The Company will implement its KULR ONE Design Solutions (“K1-DS”) platform to accelerate design readiness for the Automaker's advanced EV roadmap.

KULR Selected by a Top-Selling Global Automaker for Next Generation EV Battery Safety and Testing Solutions

Vancouver, Kelowna and Delta, British Columbia--(Newsfile Corp. - August 14, 2023) - Investorideas.com, a leading investor news resource covering defense, drones and battery stocks releases a special news report on the demand for better batteries within the drone industry, featuring KULR Technology Group, Inc . (NYSE: KULR), a leading energy management platform company that recently partnered with a world leading provider of Drone-Powered Package Delivery Services to develop high-capacity lithium battery packs.

Drones and the Demand for Better, Safer Batteries; the Sky is the Limit

SAN DIEGO, Aug. 11, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced that it has changed its conference call for second quarter 2023 financial results to Wednesday, August 16th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time). The financial results will be issued in a press release prior to the call.

KULR Technology Group Announces Date Change for Second Quarter Earnings to August 16, 2023

SAN DIEGO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced its unaudited preliminary financial results for the second quarter ending June 30, 2023.

KULR Reports Preliminary Second Quarter 2023 Financial Results, Anticipates Record Revenue with Over 300% YoY Growth

SAN DIEGO, Aug. 07, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) , a global leader in sustainable energy management, today announced it has signed an agreement to partner with a world leading provider of drone-powered package delivery services. Pursuant to the agreement, KULR will leverage its KULR ONE Design Solutions (“K1-DS”) platform and proprietary technology for the development of high-capacity lithium battery packs for use in last-mile delivery, which is the most expensive and time-consuming part of the shipping process. The KULR K1-DS is globally recognized for the safety and efficiency it brings to batteries and battery-powered products and equipment. It is used by some of the world's most demanding aerospace and defense customers.

KULR Partners with World Leading Provider of Drone-Powered Package Delivery Services to Develop High-Capacity Lithium Battery Packs

SAN DIEGO, July 27, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, will hold a conference call on Monday, August 14th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2023. The financial results will be issued in a press release prior to the call.

KULR Technology Group Sets Second Quarter 2023 Earnings Call for Monday, August 14, 2023 at 4:30 p.m. ET

Vancouver, Kelowna and Delta, British Columbia--(Newsfile Corp. - July 20, 2023) - Investorideas.com, a leading investor news resource covering clean energy and battery stocks releases a special news report on the importance and growth of the lithium battery recycling market and some of the key players, featuring KULR Technology Group, Inc . (NYSE: KULR), a leading energy management platform company accelerating the global transition to a sustainable electrification economy.

You Can't Market Sustainability for EV's Without Recycling the Batteries - Snapshot of Some of the Players

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SAN DIEGO, July 18, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in sustainable energy management, today announced a joint collaboration with Cirba Solutions, the largest and most comprehensive battery materials and management processor for end-of-life EV batteries and gigafactory manufacturing scrap. This collaboration focuses on developing a safe transportation platform for original equipment manufacturers (“OEM's”) to store and transport prototype, end of life, damaged, defective, and recalled lithium-ion batteries up to 2.5 kWh (kilowatt-hours) by utilizing KULR's SafeCASE™ and Cirba Solutions' nationwide logistics and recycling services.

KULR and Cirba Solutions Announce National Groundbreaking Recycling Program for Lithium-Ion Battery and Battery Materials Packaging

SAN DIEGO, June 21, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today entered into an agreement to undertake a series of battery cell testing projects with a top 5 global manufacturer in the electric vertical take-off and landing (“eVTOL") sector. The tests are to be completed in the third quarter of 2023 and will further advance eVTOL battery safety as federal regulators look to put forward certification rules for the emerging eVTOL air taxi market.

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