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KULR Technology Group, Inc. - KULR STOCK NEWS

Welcome to our dedicated page for KULR Technology Group news (Ticker: KULR), a resource for investors and traders seeking the latest updates and insights on KULR Technology Group stock.

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 has entered into an agreement to conduct battery cell testing projects with a top 5 global manufacturer in the eVTOL sector. The tests aim to enhance eVTOL battery safety and support certification rules for the emerging eVTOL air taxi market. KULR's rigorous testing protocols and expertise in spaceflight will provide valuable insights into battery safety optimization. The company expects strong revenue growth in the second quarter of 2023, positioning it for the strongest half-year in its history.
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KULR Technology Group has been awarded a $1.13M contract by the United States Army to develop a safe, high-energy battery storage platform. The contract will utilize KULR ONE Design Solutions platform and run through early 2024. KULR will also be the sole provider for an automated cell screening project from NASA.
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KULR Technology Group, Inc. (NYSE American: KULR) is set to participate in multiple conferences in April 2023, highlighting its role in the energy management sector. The MRO Americas 2023 Conference will take place from April 18-20 in Atlanta, GA, focusing on aircraft maintenance and repair. Following that, KULR will present at the CubeSat Developers Workshop from April 25-27 in San Luis Obispo, CA, discussing a passive battery technology for small satellites. Lastly, KULR's CEO will present at the Ladenburg Tech Expo on April 27 in New York, emphasizing the company's technology offerings for sustainability and efficiency in electrification.

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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 $0.3079 as of October 17, 2024.

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

The market cap of KULR Technology Group (KULR) is approximately 61.8M.

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

61.82M
199.03M
19.84%
4.63%
5.35%
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