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.

A trio of recently granted DoT special permits enables the Company to strategically pursue regulatory markets ranging from shipping prototype batteries to end of life battery management SAN DIEGO, CA / ACCESSWIRE / July 28, 2021 / KULR Technology Group Inc. (NYSE American:KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, announced today it received a special permit, its third in two months, from the U.S. Department of Transportation (DoT) authorizing commerce transportation of damaged, defective, or recalled (DDR) lithium ion cells, batteries, or lithium metal cells contained in or packed with KULR's proprietary Thermal Runaway Shield (TRS) packaging. The granting of the recent DDR special permit marks a key strategic step for KULR as it continues to push its Thermal Runaway Shield as an integrated design solution providing total battery safety for more efficient battery systems, increased sustainability, and end of life battery management.

KULR Technology Group Receives Special Permit from the U.S. Department of Transportation Authorizing Transport of Damaged, Defective, or Recalled (DDR) Batteries

SAN DIEGO, CA / ACCESSWIRE / July 6, 2021 / KULR Technology Group Inc. (NYSE American:KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today announced that it will be ringing the closing bell on the New York Stock Exchange in celebration of the successful completion of its recent up listing to the NYSE American exchange. The market closing ceremony will occur on Friday, July 09, 2021 at 4:00 p.m.

KULR Technology Group to Ring New York Stock Exchange Closing Bell on July 09, 2021

SAN DIEGO, CA / ACCESSWIRE/ June 28, 2021 / KULR Technology Group Inc. (NYSE American:KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today announced that it will share its breakthrough recycling and prototype battery transportation solutions with industry and government leaders at the 11th Annual Battery Safety Summit on June 30, 2021, at 12:40pm EDT. The 11th Annual Battery Safety Summit is a virtual conference.

KULR to Showcase Recycling and Prototype Battery Transportation Solutions at 11th Annual Battery Safety Summit on June 30, 2021, at 12:40pm EDT

SAN DIEGO, June 23, 2021 (GLOBE NEWSWIRE) -- KULR Technology Group Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today announced the agenda and registration information for the Company's Inaugural 2021 KULR Battery Solutions Day. The virtual event will be held on Tuesday, September 21, 2021, from 1 p.m. to 2:30 p.m. EDT.

KULR Technology Group Announces Battery Solutions Day Event for September 21, 2021

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The stock price of KULR Technology Group Inc. (NYSE American: KULR) increased by over 40% pre-market. This is why it happened.

KULR Stock Price Increases Over 40% Pre-Market: Why It Happened

The U.S. Department of Transportation (DoT) has authorized KULR Technology Group Inc (NYSE:KULR) to transport prototype lithium cells and batteries aboard cargo aircraft. The special permit authorizes the manufacture, mark, sale, and use of KULR's specially designed packaging for the transportation of prototype lithium cells and batteries and prototype lithium cells and batteries contained in or packed with equipment.

US DoT Allows KULR Technology To Transport Lithium Cells, Batteries For Commercial Use

Permit is the second issuance for the Company in less than a month as it captures additional shipping logistics channels within the battery transportation market SAN DIEGO, CA / ACCESSWIRE / June 17, 2021 / KULR Technology Group Inc. (NYSE American:KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, announced today it received a special permit from the U.S. Department of Transportation (DoT) authorizing the transport of prototype lithium cells and batteries aboard cargo aircrafts. Prototype lithium batteries are only authorized to be transported on cargo carrying aircrafts to, from or within the US when approved by DOT.

KULR Technology Group Receives Special Permit from the U.S. Department of Transportation Authorizing Transport of Prototype Lithium Cells and Batteries for Commerce

Former Advanced Energy SVP will be the new Vice President of Sales and Marketing

KULR Announces New VP of Sales and Marketing

KULR Technology Group Inc (OTCQB:KULR) has been approved to uplist to the NYSE American exchange, the company announced, and will begin trading under its current ticker “KULR” at the opening of trading on June 7 this year. “I am very pleased to announce that KULR has been approved to begin trading on the NYSE American Exchange,” CEO Michael Mo said in a statement.

KULR Technology to uplist to the NYSE American exchange on June 7

SAN DIEGO, June 02, 2021 (GLOBE NEWSWIRE) -- KULR Technology Group Inc. (OTCQB: KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today announced that, subject to meeting all requirements (including the price requirement) at the time of listing, the Company has been approved to uplist to the NYSE American Exchange. The ticker will remain unchanged, as “KULR,” and the stock is expected to commence trading at the opening of trading on June 7, 2021.

KULR Technology Group Announces Uplist to NYSE American Exchange

KULR Technology Group Inc (OTCQB:KULR) said it has been issued a special permit from the US Department of Transportation authorizing the transport of lithium-ion and metal batteries for recycling. The developer of lithium-ion battery safety and thermal management technologies said the permit provides exceptions from shipping papers and employee training when shipping lithium batteries in excess of 300 Watt-Hours, as well as authorizing the exceptions based on the use of KULR's specially designed thermally protective packaging which incorporates the company's patented thermal runaway shield (TRS) technology.

KULR Technology Group issued permit to transport lithium-ion and metal batteries for recycling

SAN DIEGO, CA / ACCESSWIRE / June 1, 2021 / KULR Technology Group Inc. (OTCQB:KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, announced today it was issued a special permit from the U.S. Department of Transportation authorizing the transport of lithium-ion and metal batteries for recycling. The permit provides exceptions from shipping papers and employee training when shipping lithium batteries exceeds 300 Watt-Hours.

KULR Technology Group Issued Special Permit from the U.S. Department of Transportation Authorizing Transport of Lithium-Ion and Metal Batteries for Recycling

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KULR Technology Group Inc. (OTCQB:KULR) said the United States Patent and Trademark Office has awarded it a patent on its Thermal Runaway Shield (TRS) - a passive propagation resistant solution designed and successfully tested to reduce the hazardous risks associated with thermal runaway in lithium-ion battery packs. The patent, issued as #11018397, was awarded on May 25, 2021.

KULR Technology says United States Patent and Trademark Office has awarded it a patent on its Thermal Runaway Shield

Issuance of United States Patent Number 11018397 Further Bolsters Intellectual Patent Portfolio SAN DIEGO, CA / ACCESSWIRE / May 27, 2021 / KULR Technology Group Inc. (OTCQB:KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, announced today the United States Patent and Trademark Office has awarded it a patent on its Thermal Runaway Shield (TRS) - a passive propagation resistant solution designed and successfully tested to reduce the hazardous risks associated with thermal runaway in lithium-ion battery packs. This is the third patent the Company has been granted on its TRS technology.

KULR Technology Group Announces Issuance of U.S. Patent Covering Risk Minimization of Fires and Explosions in Lithium-Ion Battery Packs

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Are EV Battery Stocks Primed to Explode on Growth Rotation (FCEL, BYDDY, KULR, PLUG)?

KULR Technology Group Inc (OTCQB:KULR) has said it will serve as a sponsor of IndyCar star Marco Andretti in the 105th annual Indianapolis 500 on Sunday. Andretti's #98 Honda car represents a partnership between Andretti Herta-Haupert Autosport and the Curb-Agajanian motorsports team.

KULR Technology Group announces sponsorship of IndyCar driver Marco Andretti at the Indianapolis 500 on Sunday

Pioneer in thermal (cooling) management technology with its carbon fiber thermal interface material  Tapped by NASA for Mars Rover mission and safe-battery storage aboard International Space Station   Has developmental partnership with the advanced technology arm of racing team Andretti Autosport  What the company does:   KULR Technology Group Inc (OCTQB:KULR) develops, manufactures, and licenses next-generation carbon fiber thermal-management technologies for batteries and electronic systems.  The San Diego-based company's technology enables leading aerospace, electronics, E-mobility, energy storage, 5G infrastructure, electric vehicle, and drone manufacturers to make their products cooler, lighter, and safer for users and consumers.

KULR Technology emerges as leading provider of NASA-grade electronics and lithium-ion battery safety solutions

KULR Technology Group Inc (OTCQB:KULR) posted first-quarter results that saw its revenue jump 439% year-over-year on the back of new orders for products and engineering services from military and aerospace customers. For the period ended March 31, 2021, the San Diego, California-based company reported revenue of $417,905, compared to $77,500 in the first quarter of 2020.

KULR sees 1Q revenue rocket 439% driven by new orders from military and aerospace customers

SAN DIEGO, CA / ACCESSWIRE / May 21, 2021 / KULR Technology Group, Inc. (OTCQB:KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today announced its financial results for the first quarter ended March 31, 2021. KULR's Q1 revenue increased by 439% year-over-year as we continue to make significant investments in all areas of our business to sustain and expand in 2021 and beyond.

KULR Technology Group Inc. Reports First Quarter Results and Announces Shareholder Update Call

KULR Technology Group Inc (OTCQB:KULR) has entered into a securities purchase agreement with Yorkville Advisors worth up to roughly $13 million in gross proceeds, the company announced. The deal covers the purchase and sale of an aggregate of 650 shares of preferred stock, which is worth $10,000 per share and is convertible into common stock at a fixed price of $2.05 per share, and warrants to purchase up to 2.6 million common stock shares at $2.50 per share.

KULR Technology inks security purchase deal worth up to $13M

SAN DIEGO, CA / ACCESSWIRE / May 20, 2021 / KULR Technology Group, Inc. (OTCQB:KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today announced that it has entered into a securities purchase agreement (the "Purchase Agreement") with Yorkville Advisors for the purchase and sale of an aggregate of 650 shares of Preferred Stock (the "Preferred Stock"), with each share of Preferred Stock having a stated value of $10,000 per share and being convertible into shares of the Company's common stock (the "Common Stock") at a fixed price of $2.05 per share, and Warrants (the "Warrants") to purchase up to an aggregate of 2,600,000 shares of Common Stock at a purchase price of $2.50 per share. The Warrants have an exercise price of $2.50 per share, are exercisable immediately, and will expire one (1) year following the date of issuance.

KULR Technology Group Announces Pricing of $6.5 Million Offering

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Spotlight on KULR: Powering the $127B Commercial Drone Market

KULR Technology Group Inc (OTCQB:KULR) has announced its unaudited preliminary financial results for the first quarter of 2021, revealing revenue that surged 400% year-over-year. Revenue for the three months ended March 31, 2021, is estimated to be $410,000, a surge from $77,509 in the same period of 2020.

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