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 announced the development of its proprietary carbon fiber designed custom cathodes in small modular reactors for a prominent nuclear fusion company.

KULR Designs for Small Modular Nuclear Fusion Reactors

Start Time: 16:30 January 1, 0000 4:59 PM ET KULR Technology Group, Inc. (NYSE:KULR ) Q3 2024 Earnings Call November 13, 2024, 16:30 PM ET Company Participants Michael Mo - CEO Shawn Canter - CFO Stuart Smith - IR Conference Call Participants Stuart Smith Good afternoon, everyone, and welcome to the KULR Technology Group Third Quarter 2024 Earnings Call. I'm your moderator for the call, Stuart Smith, and I will be joined on the call today by the CEO of KULR Technology Group, Michael Mo and the CFO of the company, Shawn Canter.

KULR Technology Group, Inc. (KULR) Q3 2024 Earnings Call Transcript

HOUSTON, Nov. 13, 2024 (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 third quarter ended September 30, 2024. Third Quarter 2024 Financial Results Revenues: In the third quarter that ended September 30, 2024, revenue was $3.19 million compared to $3.04 million reported in the same period last year.

KULR Reports Record Revenue for the Third Quarter of 2024

HOUSTON, Oct. 22, 2024 (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 Wednesday, November 13th, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024. The financial results will be issued in a press release prior to the call.

KULR Technology Group Sets Third Quarter 2024 Earnings Call for Wednesday, November 13, 2024 at 4:30 p.m. ET

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Milestone IP Licensing Deal Expands Business Opportunities via New Business Model HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced a licensing agreement for its proprietary vibration reduction technology named KULR Xero Vibe (“KXV”). The $2.35M landmark deal includes a $1.1M minimum guaranteed license and royalty fee, a unique opportunity for the licensee to purchase proprietary balancing equipment directly from KULR and additional revenue upside to KULR based on volume and technology upgrades.

KULR's Xero Vibe Technology Lands Licensing Partnership with $2.35M Deal

HOUSTON, Sept. 25, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced that it is on track to successfully complete its initial engagement with the United States Army by Q3 2024.

KULR Secures Expanded U.S. Army Battery Contract to $2.4M, Paving Way for KULR ONE Guardian Battery Production in 2025

HOUSTON, Sept. 16, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today unveiled its new KULR ONE Space presentation on its website at www.kulrtechnology.com.

KULR Releases New KULR ONE Space Presentation, CTO to Participate in Upcoming Live Reddit Q&A Discussion

HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced it has been awarded an initial contract valued close to $1M, with additional options bringing total contract value up to $1.5M, to supply 20793-rated battery systems to South Korea's Nara Space (NARA) for their CubeSat mission aboard Artemis II.

KULR Receives up to $1.5M Satellite Battery Systems Order from South Korea's Nara Space for Artemis II CubeSat Mission

HOUSTON, Aug. 28, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today unveiled a new investor presentation on its website at www.kulrtechnology.com. This new presentation provides an overview of the Company and features refreshed and updated information, including: Updated list of customers and partners Overview of the Company's core engineering technology domains with an emphasis on diversified product and service offerings for its various market opportunities Information on KULR's customer engagement model Financial updates and recent operational progress The investor presentation is accessible through the “Presentations” section on KULR's website.

KULR Releases New Investor Presentation

SAN DIEGO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, announced today the mutually agreed upon resignation of Keith Cochran as President and Chief Operating Officer, effective August 20, 2024. KULR has re-allocated the oversight of its day-to-day operations among its executive level management, headed by Chief Executive Officer, Michael Mo.

KULR Changes Designation of Principal Executive Office to Texas, Announces Leadership Transition

Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - August 21, 2024) - Investorideas.com, a go-to investing platform covering renewable energy stocks releases a snapshot on recent news and developments in electric aviation, featuring KULR Technology Group, Inc (NYSE American: KULR), a global leader in safe and high-performance energy storage solutions. Read the full article on Investorideas.com https://www.investorideas.com/News/2024/renewable-energy/08210Electric-Aviation.asp According to ReportPrime.com, "The Aircraft Electrification market faces several challenges that could hinder its growth, including high development and certification costs, limited battery technology, and insufficient charging infrastructure.

Safety, Efficiency and Performance for the Electric Aviation Dream

KULR Technology Group, Inc, today announced it has been selected for a pivotal battery pack reference design project by Amprius Technologies (NYSE: AMPX).

KULR Partners with Amprius Technologies to Develop Reference Design to Enhance Battery Safety and Performance in Advanced Air Mobility

KULR Technology Group, Inc. (NYSE:KULR ) Q2 2024 Earnings Conference Call August 12, 2024 4:30 PM ET Company Participants Stuart Smith - IR Michael Mo - CEO Shawn Canter - CFO Stuart Smith Welcome, everyone, to the KULR Technology Group Second Quarter 2024 Earnings Call. KULR Technology Group is traded on the New York Stock Exchange under the ticker symbol KULR.

KULR Technology Group, Inc. (KULR) Q2 2024 Earnings Call Transcript

SAN DIEGO, Aug. 12, 2024 (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, 2024. Second Quarter 2024 Financial Results Revenues: In the second quarter that ended June 30, 2024, revenue was $2.43 million compared to $2.70 million reported in the same period last year.

KULR Technology Group Reports Second Quarter 2024 Financial Results

SAN DIEGO, Aug. 05, 2024 (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 12th, 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, 2024. The financial results will be issued in a press release prior to the call.

KULR Technology Group Sets Second Quarter 2024 Earnings Call for Monday, August 12, 2024 at 4:30 p.m. ET

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SAN DIEGO, June 03, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced that it will not be extending its Standby Equity Purchase Agreement (“SEPA”), with YA II PN, LTD. ("Yorkville"), which terminated on June 1, 2024. Furthermore, the Company confirms that it has retired all outstanding debt owed to Yorkville.

KULR Announces Expiration of SEPA Facility and Compliance with NYSE Guidelines on Audit Opinion Disclosure

Battery Testing and Analysis Services Unit to Generate $8 Million to $10 Million Revenue Annually Starting in 2025 SAN DIEGO, May 29, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in sustainable energy management, today announced it has secured a contract from a top Japanese multinational automaker (“Automaker”) for testing and analysis of high-energy battery cells intended for their next-generation electric vehicles. The Company will utilize its KULR ONE Design Solutions (K1-DS) platform to expedite design readiness for the Automaker's future electric vehicle buildout.

KULR Experiences Fast-Growing Demand for Next-Gen EV Battery Safety and Testing Solutions with Order from Top Japanese Automaker

SAN DIEGO, May 23, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), global leader in safe and high-performance energy storage solutions, today announced that, in keeping with the Company's recent efforts to reduce its cash consumption, KULR's compensation committee approved a voluntary request by CEO Michael Mo to reduce the cash component of his compensation by 33% and, believing in the future of KULR, to instead grant him an equity incentive grant that does not vest for 12 months from such grant date. The strategic move ensures one-third of Mr.

KULR CEO Michael Mo Reduces Cash Salary to Better Align with Shareholder Value Creation

Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - May 23, 2024) - Investorideas.com, a go-to investing platform covering electric vehicles releases a report on the evolution of the sector as the recreational market follows suit, featuring KULR Technology Group, Inc (NYSE American: KULR), a global leader in safe and high-performance energy storage solutions. Read the full article on Investorideas.com https://www.investorideas.com/News/2024/renewable-energy/05230Recreational-Market-EV.asp As all industry sectors of vehicles build out their electric portfolios, battery safety is still a key issue to address.

The Recreational Market Joins the Electrification Revolution of Vehicles; Battery Safety Still Key

SAN DIEGO, May 22, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), global leader in safe and high-performance energy storage solutions, is pleased to announce it has been awarded an engineering contract with Bombardier Recreational Products (“BRP”) (NASDAQ: DOOO) for the Company's Fractional Thermal Runaway Calorimetry (FTRC) testing services. This milestone underscores KULR's expanding influence and commitment to advancing battery safety in the rapidly growing electric recreational products sector. With an already established presence in space and military safe battery designs, KULR looks to continue discussions and market expansion with potential customers from major electric aviation, electric maritime, EV, and recreational off-road vehicle manufacturers.

KULR Secures Test Engineering Contract with Bombardier Recreational Products

KULR Technology Group (KULR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

KULR Technology Group (KULR) Loses -21.71% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

KULR Technology Group, Inc. (NYSE:KULR ) Q1 2024 Results Conference Call May 15, 2024 4:30 PM ET Company Participants Stuart Smith - Investor Relations Michael Mo - Chief Executive Officer Shawn Canter - Chief Financial Officer Stuart Smith All right. Thank you for joining us today for the KULR Technology Group First Quarter 2024 Earnings Call.

KULR Technology Group, Inc. (KULR) Q1 2024 Earnings Call Transcript

Kulr Technology (NYSEMKT: KULR ) stock is falling on Thursday following the release of the thermal management technology company's earnings report for the first quarter of 2024. Unfortunately for KULR stockholders, the company reported earnings per share of -4 cents during the quarter.

News for KULR Technology Group Stock (KULR)