MEET THE UNDER-THE-RADAR SMALL CAP COMPANY WHOSE REVOLUTIONARY ENERGY TECHNOLOGY IS TRANSFORMING THE WORLD OF BATTERIES AND ELECTRONICS!

Introducing KULR Technology Group Inc. (NYSE: KULR); leading developer of next-generation lithium-ion battery safety and thermal management technologies!

Innovative Batteries & Technology

From powering laptops and phones to propelling electric vehicles of the future, Lithium-Ion Batteries are a major force in our world. What is often neglected or overlooked amidst this multi-billion dollar space is the fact these revolutionary batteries can be volatile – sudden overheating could lead to some serious repercussions for physical assets as well as human safety!

This is where San Diego-based KULR Technology Group enters the equation...

KULR has developed a revolutionary protective wrap or lithium-ion batteries that combats the risk of overheating and spreading fires. This wrap is designed to CONTAIN the fire so it does not spread! The sheer number of lithium batteries that are used across the globe represents an enormous market for KULR, but can you imagine how important such a technology is for space?

Reasons to Keep KULR Technology Group Inc. (NYSE: KULR) on Your Watchlist:

Check out KULR President and COO Keith Cochran on Las Vegas Morning Blend discussing the company’s technology being showcased at CES 2023.

Click here to watch KULR Technology Group Founder and CEO, Michael Mo, on Benzinga, hosted by Zunaid, discussing KULR’s product pipeline, business development updates, battery technology, and much more!

Continue Reading to See How KULR Technology Group Inc. (NYSE: KULR) is Emerging as a Leading Provider of bATTERIES AND BATTERY MANAGEMENT SYSTEMS!

With batteries on the rise, safety must become a GUARANTEE

Most lithium-ion battery fires and explosions come down to a problem of short circuiting.

When this happens, the plastic separator fails and lets the anode and cathode touch. Once these two connect, the battery starts to overheat. This overheating turns to thermal runaway with the risk of propagating to other cells in the battery.

“The opportunities for the company’s products include industries such as electric motor vehicles that have become increasingly more reliant on Cloud computing, portability, and high-demand processing power. KULR’s high-performance thermal interface materials can also be light weight, and low contact pressure.”

-Taglich Brothers Analyst John Nobile

KULR Technology Group Inc. (NYSE: KULR), a San Diego-based company that makes its products in the U.S., has found a solution to combating these dangerous explosions and is building it directly into a new series of battery packs!

Make sure to watch CEO Michael Mo’s CNN interview that explains the company’s technology and its partnerships here

Hurry and add the stock to your watch list!
KULR Technology Website

Batteries and More

San Diego-based KULR Technology Group Inc. (NYSE: KULR) develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems.

Leveraging the company’s roots in developing breakthrough cooling solutions for NASA space missions and a strong intellectual property portfolio, KULR enables leading aerospace, electronics, energy storage, 5G infrastructure and electric vehicle manufacturers to make their products cooler, lighter and safer for consumers.

Whether it’s aboard a spaceship to Mars, an electric vehicle racing in the desert, or inside a smartphone, KULR’s technology is aimed to keep products cool and efficient so that the lithium-ion batteries or cells inside don’t overheat, catch fire, explode and cause a catastrophic fire or worse. Now, KULR is adding new products and services, like KULR One and KULR VIBE.

KULR One

KULR ONE represents the culmination of years of innovation and technological breakthroughs.

SAFETY

Using KULR Technology’s proprietary Thermal Runaway Shield (TRS) technology, KULR ONE & KULR ONE SPACE offer industry leading passive propagation resistance (PPR).

PERFORMANCE

Utilizes top quality and performing 21700 and 18650 cells that offer fast charge and discharge capability.

INTELLIGENCE

Integrated with KULR Technology’s proprietary CellCheck digital battery safety system, KULR ONE sends battery performance and health data directly to the cloud, so you can monitor, analyze and predict your applications longevity.

MODULARITY

Designed to be removed from one application and used on another, KULR ONE offers the ability to standardize a battery pack design on a wide variety of applications which gives KULR’s customers flexibility with powering their devices at home or in the field​.

RELIABILITY

Designed by Engineers who previously worked at NASA designing battery packs suitable for manned spaceflight, KULR ONE is manufactured with highest quality materials, using the most well thought through and vigorously tested designs, by the world’s best Battery Design Engineers.

CUSTOMIZABILITY

Using world class Battery Design Engineers and Manufacturing capability, KULR Technology can design and manufacture a battery pack specific for individual application needs. This can include a wide variety of form factors and performance characteristics with unparalleled quality and reliability.

Legacy Products

ARA Thermal Capacitor

ARA Thermal Capacitor

A carbon fiber infused heat sink utilizing phase change material (PCM) to absorb or provide heat.

HYDRA Thermal Runaway Shield

HYDRA Thermal Runaway Shield

Used in battery packs, the HYDRA absorbs heat and shields cells from entering into thermal runaway propagation.

LYRA ISC Trigger Cell

LYRA ISC Trigger Cell

A testing tool for your battery packs, used to identify and study failure modes and safety issues that may arise.

URSA Fiber Thermal Interface

URSA Fiber Thermal Interface

High performance, flexible, thermally conductive carbon fiber materials.

VEGA Internal Short Circuit

VEGA Internal Short Circuit

Utilized in the design process of Li-ion cells and battery packs to identify failure modes and safety issues.

CRUX Cathode

CRUX Cathode

Made of carbon fiber velvet, this cathode provides a means of generating powerful pulses of electron by field emission from the tops of carbon fibers.

EFFICIENT THERMAL MANAGEMENT IS ESSENTIAL IN THE BATTERY SAFETY AND ELECTRONICS INDUSTRIES AS WELL AS OTHER SECTORS!

AWARDED A PATENT FROM THE USPTO ON THE TECHNOLOGY BEHIND ITS SAFECASE PRODUCTS.

In 2023, KULR was awarded a patent covering the technology behind their SafeCase line of products. The SafeCase products are designed to mitigate thermal runaway propagation and its catastrophic effects for lithium-ion battery packs of up to 2.5 kWh (kilowatt-hours) per case by utilizing KULR’s patented Thermal Runaway Shield (“TRS”) technology.

In 2022, KULR gained immediate and open access to commercial partners and customers by securing United Parcel Service (NYSE: UPS) (“UPS”) shipping certification, which allows for shipment of batteries utilizing the KULR SafeCase products through UPS’ vast shipping network.

“We bring decades of experience solving today’s problems within thermal management,” stated Dr. Will Walker, Chief Technology Officer of KULR Technology Group, Inc. “Previously, the Consumer Product Safety Commission reported KULR’s design solutions could stop fires and explosions in lithium-ion battery packs, and provided additional insights on the future of safe battery technology. We continue to work with government agencies, regulators, and commercial customers across the world incorporating our holistic methodology for designing safe battery systems.”

BATTERY TRANSPORTATION SOLUTIONS

Lithium batteries are regulated as hazardous material during transport; as such, the U.S. Department of Transportation requires lithium batteries to adhere to applicable regulatory requirements during transportation.

Whether shipping a single battery, a battery-powered device, or a load shipment of batteries, the safety of those handling a package along the way is of greatest importance.

The KULR SafeCase has received 3 separate DoT permits for battery transportation.

CELL Check™

One of KULR’s largest services revolves around CellCheck, the modular battery management system platform for e-mobility, energy storage and fleet applications. The system captures real time and lifetime battery intelligence, sensing adverse electrical, environmental, and physical events to analyze and control for maximum battery safety, reliability, and performance. Any company with batteries can utilize this technology to perfect and maintain their technology.

ACQUIRES VIBETECH AND LAUNCHES REVOLUTIONARY VIBRATION REDUCTION SERVICE, KULR VIBE

KULR VIBE addresses one the most challenging issues with advanced machinery today; excessive energy robbing vibrations that are destructive to both the machinery and in many cases the operator.

Its enhanced AI learning algorithms pinpoint areas where excess vibrations cause a loss of energy that can lead to system malfunctions, weakened performance, and maintenance issues.

The KULR VIBE suite of products and services have provided vibration analysis and mitigation to global companies across multiple industries and sectors. Advances in measurement and computing have allowed the KULR VIBE technologies to provide transformative, scalable solutions across aviation, transportation, renewable energy (wind), manufacturing, industrial, performance racing and autonomous aerial (drone) applications.

Projected growth

For the Company’s Fourth Quarter 2022 Earnings, KULR is reported $1.81 million, a 137% revenue growth compared to the same period last year! Revenue for 2022 full year was $3.99 million, a 66% increase from 2021

As KULR Technology Group’s client list continues to expand, the Company is generating larger contracts and proving themselves as the in-demand battery safety manufacturer.

customers & partners

KULR has partnered with some of the largest companies in the U.S. as they bring a combined battery-safety market opportunity estimated at $2.9 billion by 2030. Lockheed Martin (NYSE: LMT), Ball Aerospace (NYSE: BALL), SAFT, General Motors (NYSE: GM), Cirba, Redwood Materials, Leidos Holdings (NYSE: LDOS), Meta Platforms Inc (NASDAQ: META), Viridi and BOSCH (NSE: BOSCHLTD) are all listed as clients! KULR is uniquely positioned to transform the battery industry through the Company’s proprietary technology.

Company Timeline

The Electric Vehicle (EV) Market

Technological advancement has made the lithium-ion battery the most sought-after battery for electric vehicles because of its lighter weight, smaller size, and longer life capacity than other batteries on the market.

Lithium-ion batteries are what power today’s electric cars and trucks including EV giant Tesla’s vehicles.

EV demand is expected to rise, according to Bloomberg New Energy Finance (BNEF), which sees improved batteries, more readily available charging infrastructure, new markets, and price parity with internal combustion engine (ICE) vehicles as major drivers. The study forecasts that EVs will hit 10% of global passenger vehicle sales by 2025, rising to 28% in 2030 and 58% in 2040.(Source)

Hypersonic Weapons

These hypersonic strike systems are valued for their unique war-fighting aspects of range, speed, maneuverability, survivability and lethality, according to Mike White, assistant director of hypersonics at the Office of the Undersecretary of Defense for Research and Engineering.

A Congressional Research Services report released in December showed that the Pentagon’s FY2021 budget request for hypersonic-related research is $3.2 billion, up from $2.6 billion in the prior year’s request, the company noted!

“As the national need for long-range airborne vehicles grows, and commercial demonstrations like Space X continue to show the viability of reusable space and sub-orbital vehicles, active and passive heat management become increasingly critical elements to mission success. KULR’s closed loop core cooling technology, along with its problem-solving team, are rapidly establishing themselves as essential building blocks for hypersonics, space vehicles, long range stand-off weapons, and long loiter drones.” -Dave Harden, Founder and CEO of The Outpost and KULR Advisory Board Member.

These hypersonic strike systems are valued for their unique war-fighting aspects of range, speed, maneuverability, survivability and lethality, according to Mike White, assistant director of hypersonics at the Office of the Undersecretary of Defense for Research and Engineering.

A Congressional Research Services report released in December showed that the Pentagon’s FY2021 budget request for hypersonic-related research is $3.2 billion, up from $2.6 billion in the prior year’s request, the company noted!

Long-term Technology and Developmental Partnership with Andretti Technologies (ATEC)

KULR Technology Group Inc. (NYSE: KULR) announced in March 2021 that it had agreed to a long-term technology and developmental partnership with Andretti Technologies (ATEC), the advanced technology arm of racing team Andretti Autosport.

The company said the alliance will establish a thermal management testing and design platform for high-performance battery solutions with the highest safety ratings that will be adapted to the technical requirements of Andretti’s racing enterprise.

As part of the partnership, both parties will also focus on co-developing and co-marketing motorsports’ battery and safety technologies to automotive partners for mass-market EV applications.

KULR said the aim of the partnership is a transfer of technical knowledge from aerospace to the racetrack through ATEC affiliated programs.

ATEC plans to implement new cooling technology, battery cell architecture, and testing methodologies for its high performance and high-power applications within the global EV motorsports marketplace.

Official Thermal Management and Battery Safety Provider to the Andretti Autosport racing team

KULR Technology Group Inc. (NYSE: KULR) announced in March 2021 that it had agreed to a long-term technology and developmental partnership with Andretti Technologies (ATEC), the advanced technology arm of racing team Andretti Autosport.

The company said the alliance will establish a thermal management testing and design platform for high-performance battery solutions with the highest safety ratings that will be adapted to the technical requirements of Andretti’s racing enterprise.

As part of the partnership, both parties will also focus on co-developing and co-marketing motorsports’ battery and safety technologies to automotive partners for mass-market EV applications. Additionally, KULR is the flagship sponsor of Marco Andretti and the No. 98 KULR / CURB Honda in the 2022 and 2023 Indy 500.

KULR said the aim of the partnership is a transfer of technical knowledge from aerospace to the racetrack through ATEC affiliated programs.

ATEC plans to implement new cooling technology, battery cell architecture, and testing methodologies for its high performance and high-power applications within the global EV motorsports marketplace.

Introduces High-Capacity Lithium Battery Packs for Commercial Drone Market

KULR Technology Group Inc. (NYSE: KULR) in June 2021 announced the launch of a new product line of high-capacity lithium battery packs targeting the $127 billion commercial drone market!

The company secured a global commercial drone manufacturer as a customer and expects to secure additional customers in the second half of 2021.

In August 2022, KULR received two orders from a leading Fortune 20 e-commerce and cloud computing company for its next generation Li-ion battery powered commercial drone delivery fleet.

The first order was for the proof of concept of KULR’s design; the second follow-on order is for prototype, field testing and certification trials. Pre-production is scheduled for 2023 with full ramp-up set to start in the second half of 2024.

KULR’s initial drone battery pack platform will service the high-performance market at a retail price between $450 to $550 U.S. dollars, with drone battery pack platforms servicing the mid to moderate performance markets expected to soon follow. – not sure if still applicable

Cash on Hand and Revenue is Soaring

Now that KULR Technology Group Inc. (NYSE: KULR) is in the growth phase, the company is seeing remarkable revenue growth and has plenty of cash on hand to forge forward.

On November 9th, the company reported a 233% surge in its 3Q 2022 revenue to $1.4 million from $0.6 million reported in the same period last year, attributed to an increase in contract services and product sales revenues in the quarter

The company also said it ended the quarter with $16.2 million in cash on its books as of September 30, having raised $8 million in gross proceeds from the sale of its common stock and warrants!

The third quarter was an inflection point for KULR as the company achieved record revenue results and began transitioning to the next chapter of their growth story.

FOUNDED BY SOME OF THE FOREMOST EXPERTS IN THERMAL MANAGEMENT

The Team

KULR Technology Group Inc. (NYSE: KULR) was founded by some of the foremost experts in energy, thermal management, semiconductor and industrial manufacturing.

Investors and advisors include industry leaders from the U.S., Japan and China, all from a variety of different fields, including electric vehicles, communications, energy management and semiconductors.

MICHAEL MO

Chief Executive Officer
Mr. Mo is a technology entrepreneur and successful investor with over 25 years of experience in technology management, product development and marketing. Mr. Mo started his career as a design engineer at HP and has since started three technology companies as founder and CEO. He has also been an early venture investor in many successful technology companies, included Spreadtrum Communications (NASDAQ: SPRD), which was acquired for $1.9 billion. Mr. Mo received a master’s degree in electrical engineering and computer science from UC Santa Barbara in 1995.

KEITH COCHRAN

President and COO

Mr. Cochran is a value-driven leader offering 25+ years of exceptional, high-paced business management and operations expertise. From 1995 to 2019, he worked for world class EMS, Jabil Inc. He concluded his 24-year career with Jabil as senior vice president of Global Business Units. Prior to Jabil, Mr. Cochran was supply chain manager for SCI Systems. Mr. Cochran received his Bachelor of Science in business operations from DeVry Institute of Technology in 1990.

DR. WILLIAM WALKER

Chief Technology Officer

Dr. Walker has significant experience in professional and research-related activities focused on thermo-electrochemical testing and analysis of lithium-ion (Li-ion) battery assemblies and related thermal management products designed for space exploration applications. Prior to joining KULR, Dr. Walker was employed by the National Aeronautics and Space Administration (NASA) Johnson Space Center (JSC) where he focused on designing battery assemblies for human spaceflight applications capable of safely mitigating the effects of thermal runaway and preventing cell-to-cell propagation. Dr. Walker received his B.S. in Mechanical Engineering at West Texas A&M University (WTAMU) and Ph.D. in Materials Science and Engineering at the University of Houston (UH).

Shawn Canter

CFO

Mr. Canter is a seasoned corporate executive and board member with over 25 years of experience leading teams in hands-on roles in both institutional and early/growth stage companies bringing solutions to complex situations. He gained significant financial and transactional experience as an executive in M&A at Goldman Sachs and at Bank of America’s investment bank where he also served as COO of M&A. Most recently, Mr. Canter was a partner at Orange Capital Ventures. Mr. Canter earned a bachelor’s degree in economics and master’s degree in organizational studies from Stanford University as well as a JD and MBA from the University of Michigan.

MICHAEL G. CARPENTER

Vice President of Engineering

Mr. Carpenter was former director and safety officer of Energy Science Laboratories PCM Heatsink Group. He also served as quality manager and facility security officer in the Defense Industrial Security Program from 1988 to 1995. Mr. Carpenter received a Bachelor of Science in applied mechanics from UC San Diego in 1983.

TED KRUPP

Vice President of Sales and Marketing

Mr. Krupp joins KULR with over 22 years of supplying MIL-SPEC computing solutions to U.S. military and intelligence system integrators. Prior to joining KULR, Mr. Krupp served as Vice President of Sales at San Diego based ZMicro, the preferred choice for rugged computing and visualization for deployed and mission critical applications. He expanded ZMicro’s involvement in several platforms, including special operations, ground vehicle systems, tactical datalinks, and next-generation ISR and eventually led ZMicro’s sales department as the company continued to grow in prominence across the Department of Defense and foreign military community. Mr. Krupp completed his undergraduate work in Information Systems at the University of Texas

Antonio Martinez

Vice President of Operations
Mr. Martinez joins KULR with over 37 years of leadership and worldwide manufacturing experience in Electronics Manufacturing and Operations. He spent most of his career at Pulse Electronics Corporation in the electronics manufacturing services industry. Most recently he served as Principal Program Manager of Jabil since 2015, managing business operations spanning Quality Assurance Readiness, Large Production Line Transfers, Project Management, Process Improvement with Increased Productivity, and Customer Qualification Support.

Bottom Line

KULR Technology Group Inc. (NYSE: KULR) technology is becoming much less a secret nowadays and Wall Street may soon uncover the company!

The adoption of the company’s technology from clients in auto racing to military defense could help serve up exponential growth in the coming quarters.

There are broad market applications for KULR’s technology, and the most recent earnings report shows that growth is already surging.

With a growing client list of some of the most dominant companies in the world, KULR continues to prove why they deserve a seat at the table.

Other deals could be announced in the fast-growing electric vehicle sector… plus the company’s penetration into the energy storage and thermal management markets could be monumental for the company!

The company’s carbon fiber thermal management solutions included on Mars Rover Perseverance 2020 confirms its standing as having a best-in-class solution to protect very expensive and important assets.

Alongside the company’s announcement of their own lithium-ion battery, KULR ONE, the company is partnering with Theory Racing to develop batteries for their E-Bikes.

The FAA is evaluating the company’s technology for in-flight applications and its effect to mitigate ion-battery malfunctions, is thrilling.

Let’s not forget that leading suppliers of electronic components in smartphones such as the iPhone could soon include KULR’s technology – another monstrous revenue opportunity!

With new services, products, and customers, KULR technology group (nyse: kulr) is turning wall street's head in their direction.

what's next for this san-diego emerging growth stock?

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This website does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This information contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this website are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on March 28, 2023. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management’s best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this website, whether as a result of new information, future events or otherwise.  

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