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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 announces collaboration with Cirba Solutions to develop a safe transportation platform for lithium-ion batteries. The collaboration focuses on storing and transporting prototype, end-of-life, damaged, defective, and recalled batteries. KULR's SafeCASE™ and Cirba Solutions' logistics and recycling services will be utilized. The collaboration is an exclusive nationwide program for consumer lithium-ion batteries focused on sustainability and compliant recycling.
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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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FAQ

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

The current stock price of KULR Technology Group (KULR) is $0.4451 as of November 22, 2024.

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

The market cap of KULR Technology Group (KULR) is approximately 92.8M.

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

92.85M
179.45M
17.47%
4.98%
3.66%
Electronic Components
Electronic Components & Accessories
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United States of America
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