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KULR Technology Group, Inc. - KULR STOCK NEWS

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KULR Technology Group Inc is a leading energy management platform company that focuses on developing and commercializing high-performance thermal management technologies for electronics, batteries, and other components. The company aims to revolutionize the $7.5 billion thermal management industry by offering carbon fiber-based architecture that replaces less efficient aluminum and copper heat spreaders and exchangers. KULR's proprietary carbon fiber thermal interface materials provide higher performance, lower contact pressure, higher compliance, and longer reliability compared to traditional materials. The company is actively involved in partnerships, such as the recent contract with BRP, to advance its thermal management solutions for e-mobility products and regulatory compliance.

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KULR Technology Group (NYSE American: KULR), a leader in energy management solutions, will showcase its KULR VIBE products at the 2023 Autonomous VTOL Technical Meeting from January 24-26, 2023, in Mesa, Arizona. This event, celebrating its 10th year, focuses on advancements in electric vertical takeoff and landing (eVTOL) aircraft and related technologies. KULR VIBE utilizes AI-driven software to mitigate vibrations, enhancing battery efficiency and longevity in various sectors, including aviation and renewable energy. Interested customers can arrange demonstrations for tailored solutions to vibration challenges.

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KULR Technology Group (NYSE: KULR) is set to participate virtually in the 25th Annual Needham Growth Conference on January 12, 2023. CEO Michael Mo will engage in one-on-one meetings with qualified institutional investors, aiming to strengthen investor relations and showcase the company's commitment to advancing energy management solutions.

As a leader in the electrification economy, KULR focuses on innovative carbon fiber thermal management technologies for batteries and electronic systems, promoting sustainability and efficiency.

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KULR Technology Group (NYSE American: KULR) has partnered with Theory Racing, a leading Enduro racing team, to enhance battery safety technology for e-bikes. This collaboration follows the upcoming launch of KULR's new modular energy storage platform, KULR ONE, at CES 2023. The partnership aims to leverage NASA-proven thermal management solutions to optimize battery performance in e-bikes. The global battery management system market is projected to exceed USD 35.14 billion by 2030, growing at a CAGR of 21.22%.

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KULR Technology Group, a leader in energy management, will introduce its new modular energy platform, KULR ONE, at CES 2023 (Jan. 5-8). The company will showcase its cutting-edge solutions, including KULR VIBE, SafeCase, and CellCheck, at booth #6357 in Las Vegas. Notable racing legends Mario and Marco Andretti will participate in meet-and-greets at the booth, promoting KULR's sponsorship of the Indy 500. Visitors can enter a raffle for tickets to the event. KULR aims to drive sustainability and efficiency in the electrification economy.

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KULR Technology Group has announced a significant annual subscription agreement with an American-based helicopter operator to deliver global maintenance support for its extensive fleet of over 250 helicopters. This contract enables the operator to use KULR's proprietary AI-driven vibration reduction solution, KULR VIBE, which helps mitigate excessive vibrations, improving operational efficiency and safety. This agreement follows KULR's successful diagnostic work on military helicopters, underscoring its role in enhancing flight readiness across various aviation sectors.

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KULR Technology Group (NYSE American: KULR) has launched its CellCheck Battery Monitoring System on Azure Cloud, enhancing battery safety and performance through real-time data analysis. This next-generation technology captures critical battery information, enabling users to monitor health remotely. KULR’s CellCheck aims to tap into the $44 billion lithium-ion battery market. The company will showcase this innovative solution at the 2023 Consumer Electronics Show in Las Vegas from January 5-8, 2023.

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KULR Technology Group (NYSE American: KULR) announced the expansion of its KULR VIBE vibration reduction solution, integrating a new scalable AI server platform powered by NVIDIA accelerators. This upgrade aims to enhance data security, processing speeds, and remote access for enterprise clients. The KULR VIBE suite has historically served the aviation industry and is now set to improve operations across diverse sectors, including renewable energy and autonomous systems. CEO Michael Mo emphasizes the importance of these advancements for ensuring competitive performance and safety in high-performance machines.

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KULR Technology Group (NYSE American: KULR) announced operational readiness for its Fractional Thermal Runaway Calorimeter (FTRC) after signing a commercial licensing agreement with NASA. This license enables KULR to provide advanced battery safety and testing solutions, particularly for 18650 and 21700 Lithium-ion cells, enhancing its position in battery management systems. The FTRC, developed from NASA technology, measures heat release during thermal runaways, helping improve battery safety and efficiency.

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KULR Technology Group (NYSE American: KULR) is set to participate in key conferences in December 2022. The company will attend the 22nd Annual Advanced Automotive Battery Conference from December 5-8 in Coronado, CA, where it will present on Big Data and Battery Development. Additionally, KULR will engage in the Janney Energy Transition Forum on December 13-14 in San Francisco. KULR focuses on energy management solutions, bolstering efforts for a sustainable electrification economy.

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KULR Technology Group has launched The Energy Solutions Today Podcast, hosted by David Meltzer, to explore battery safety, sustainability, and thermal management technologies. The podcast aims to engage leaders in the electrification movement in discussions about innovative ideas and initiatives addressing energy management and renewable energy solutions. The inaugural episode features CEO Michael Mo, emphasizing the urgent need for sustainable practices as the world transitions to electric mobility. The podcast will release episodes quarterly, accessible on KULR's website and major podcast platforms.

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FAQ

What is the current stock price of KULR Technology Group (KULR)?

The current stock price of KULR Technology Group (KULR) is $0.3035 as of October 18, 2024.

What is the market cap of KULR Technology Group (KULR)?

The market cap of KULR Technology Group (KULR) is approximately 60.8M.

What does KULR Technology Group Inc specialize in?

KULR specializes in developing and commercializing high-performance thermal management technologies for electronics, batteries, and other components.

What sets KULR's thermal management technology apart?

KULR's proprietary carbon fiber-based architecture provides superior thermal interface materials that offer higher performance, lower contact pressure, higher compliance, and longer reliability compared to traditional materials like aluminum and copper.

What recent partnership has KULR Technology Group Inc been involved in?

KULR recently secured a contract with BRP for testing services related to thermal runaway management, showcasing the company's commitment to advancing battery safety in the e-mobility market.

How does KULR Technology Group Inc aim to revolutionize the thermal management industry?

By offering carbon fiber-based solutions that are more environmentally sustainable and efficient than traditional materials, KULR is positioned to revolutionize the $7.5 billion thermal management industry.

What is KULR Technology Group Inc's vision for the future?

KULR aims to play a critical role in accelerating the electrification of the circular economy by providing energy management solutions that prioritize efficiency and sustainability.

KULR Technology Group, Inc.

NYSE:KULR

KULR Rankings

KULR Stock Data

60.76M
199.03M
19.84%
4.63%
5.35%
Electronic Components
Electronic Components & Accessories
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