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, April 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, is scheduled to participate at the following conferences in the month of May 2023:

KULR Sets May 2023 Conference Schedule

SAN DIEGO, March 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 April 2023:

KULR Sets April 2023 Conference Schedule

KULR Technology Group Inc (NYSE:KULR) announced it has strengthened its executive leadership team with the appointment of Shawn Canter as its new chief financial officer. Starting in his new role on March 31, 2023, the company said Canter will be responsible for financial management and driving a disciplined fiscal strategy while scaling the company through its commercialization phase.

KULR Technology says appointment of ex Goldman Sachs executive Shawn Canter as CFO further strengthens leadership

SAN DIEGO, March 29, 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 has strengthened its executive leadership team with the appointment of Shawn Canter as its Chief Financial Officer ("CFO"). Mr. Canter begins his role at the Company effective March 31, 2023.

KULR Continues to Strengthen Leadership Team with Appointment of Former Goldman Sachs M&A Executive Shawn Canter as its New Chief Financial Officer

KULR Technology Group Inc (NYSE:KULR) has reported record fourth-quarter and full-year 2022 financial results, due to the early success in the company's energy storage and battery transportation and recycling sectors.  The energy management platform told investors it grew full-year revenue by 66% to $4 million as it continues to build its relationships with a wide range of energy, transport and aerospace partners, billing 36 customers during the year ended December 31, 2022.

KULR reports record 4Q and FY 2022 results due to 'early success' of its energy technology

KULR Technology Group, Inc. (NYSE:KULR ) Q4 2022 Earnings Conference Call March 23, 2023 4:30 PM ET Company Participants Stuart Smith - Investor Relations Michael Mo - Chief Executive Officer Keith Cochran - President and Chief Operating Officer Simon Westbrook - Chief Financial Officer Conference Call Participants Howard Halpern - Taglich Brothers Theodore O'Neill - Litchfield Hills Research Jake Sekelsky - Alliance Global Partners Stuart Smith Alright, everybody. Thank you so much for joining us today.

KULR Technology Group, Inc. (KULR) Q4 2022 Earnings Call Transcript

KULR Technology Group, Inc. (KULR) delivered earnings and revenue surprises of 20% and 34.30%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

KULR Technology Group, Inc. (KULR) Reports Q4 Loss, Tops Revenue Estimates

Fourth Quarter 2022 Revenue and Full-Year 2022 Revenue Up 137% and 66% Year-Over-Year Respectively Fourth Quarter 2022 Revenue and Full-Year 2022 Revenue Up 137% and 66% Year-Over-Year Respectively

KULR Reports Record Fourth Quarter and Full Year 2022 Financial Results

KULR Technology Group Inc (NYSE:KULR) has announced the opening of a new research and development (R&D) center in Webster, Texas, a suburb of Houston, to accommodate for increasing battery development engagements in 2023 and beyond. The company said its sales, marketing, project management, quality control, and customer care divisions would continue to be headquartered in San Diego, California, however, the Webster facility's design could accommodate future expansion as KULR continues to invest in people and assets in Texas.

KULR Technology opens new R&D center in Webster, Texas

To Accommodate an Increasing Number of Battery Development Engagements the Company has Opened a Second Facility

KULR Opens New Research and Development Center in Texas

SAN DIEGO, March 06, 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 March 2023:

KULR Sets March 2023 Conference Schedule

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.

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