KULR Technology Group, Inc., through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for batteries, electronics, and other components applications in the United States. It offers lithium-ion battery thermal runaway shields; fiber thermal interface materials; phase change material heatsinks; HYDRA TRS battery storage bags; internal short circuit device; and CRUX cathodes. The company's technologies are used in electric vehicles, energy storage, battery recycling transportation, cloud computing, and 5G communication devices. It serves electrical transportation, 5G mobile computing, cloud computing, and space exploration and communications markets, as well as lithium-ion battery, energy storage, and battery transportation market. The company was formerly known as KT High-Tech Marketing Inc. and changed its name to KULR Technology Group, Inc. in August 2018. KULR Technology Group, Inc. was founded in 2013 and is based in Campbell, California.
IPO Year:
Exchange: AMEX
Website: kulrtechnology.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/22/2021 | $3.50 → $4.50 | Buy | Alliance Global Partners |
10/18/2021 | $3.50 | Buy | Alliance Global Partners |
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8-K - KULR Technology Group, Inc. (0001662684) (Filer)
8-K - KULR Technology Group, Inc. (0001662684) (Filer)
8-K - KULR Technology Group, Inc. (0001662684) (Filer)
8-K - KULR Technology Group, Inc. (0001662684) (Filer)
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8-K - KULR Technology Group, Inc. (0001662684) (Filer)
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HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced it has been awarded an initial contract valued close to $1M, with additional options bringing total contract value up to $1.5M, to supply 20793-rated battery systems to South Korea's Nara Space (NARA) for their CubeSat mission aboard Artemis II. This project is part of a larger collaboration involving the Korea Astronomy and Space Science Institute (KASI) and the National Aeronautics and Space Administration (NASA), where Nara Space is providing the CubeSat to KASI, as part of the Artemis program. This award highli
HOUSTON, Aug. 28, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today unveiled a new investor presentation on its website at www.kulrtechnology.com. This new presentation provides an overview of the Company and features refreshed and updated information, including: Updated list of customers and partnersOverview of the Company's core engineering technology domains with an emphasis on diversified product and service offerings for its various market opportunitiesInformation on KULR's customer engagement modelFinancial updates and recent operational progress The investor presentation is access
SAN DIEGO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, announced today the mutually agreed upon resignation of Keith Cochran as President and Chief Operating Officer, effective August 20, 2024. KULR has re-allocated the oversight of its day-to-day operations among its executive level management, headed by Chief Executive Officer, Michael Mo. "On behalf of the Board and rest of the Company, I want to thank Keith for his years of service to the Company," said Michael Mo. "We are appreciative of Keith's expertise and leadership throughout his tenure as President and Chief Operating Offi
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - August 21, 2024) - Investorideas.com, a go-to investing platform covering renewable energy stocks releases a snapshot on recent news and developments in electric aviation, featuring KULR Technology Group, Inc (NYSE:KULR), a global leader in safe and high-performance energy storage solutions.Read the full article on Investorideas.comhttps://www.investorideas.com/News/2024/renewable-energy/08210Electric-Aviation.aspAccording to ReportPrime.com, "The Aircraft Electrification market faces several challenges that could hinder its growth, including high development and certification costs, limited battery technology, and insufficie
SAN DIEGO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in safe and high-performance energy storage solutions, today announced it has been selected for a pivotal battery pack reference design project by Amprius Technologies (NYSE:AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform. The final reference design will provide Amprius' customers with a solution to address thermal runaway at the battery pack level that leverages KULR's advanced energy management platform, KULR ONE Design Solutions, with Amprius' high-energy Silicon Anode pouch cells to meet the rigorous thermal qualificati
SAN DIEGO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today reported results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Results Revenues: In the second quarter that ended June 30, 2024, revenue was $2.43 million compared to $2.70 million reported in the same period last year. Contract Services revenue increased 75.7%, with revenue of approximately $1.30 million versus approximately $738 thousand in the same quarter last year. Cash and Accounts Receivable: As of June 30, 2024, the Company had cash and accounts receivable combined of $2.94 million. Gr
SAN DIEGO, Aug. 05, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, will hold a conference call on Monday, August 12th, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2024. The financial results will be issued in a press release prior to the call. KULR management will host the conference call, followed by a question-and-answer period. Interested parties can submit relevant questions prior to the call to Stuart Smith at SmallCapVoice.Com, Inc. via email: [email protected] by 5:00 p.m. ET on Thursday, August 8th, 2024
SAN DIEGO, July 08, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced it has been awarded a purchase order exceeding $400,000 from the National Aeronautics and Space Administration ("NASA"), an independent agency of the U.S. federal government, as part of a $2M multi-phase agreement for its advanced automated battery cell screening system. The battery safety contract with NASA is to test lithium-ion cells going into future battery packs designed for the Artemis Program, a series of United States-led international human spaceflight programs. KULR will perform the tests on cells in res
SAN DIEGO, June 03, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced that it will not be extending its Standby Equity Purchase Agreement ("SEPA"), with YA II PN, LTD. ("Yorkville"), which terminated on June 1, 2024. Furthermore, the Company confirms that it has retired all outstanding debt owed to Yorkville. This marks a significant milestone for KULR as it executes its strategic initiatives, reduces its cash consumption, and otherwise strengthens its financial condition. Compliance with NYSE Guidelines on Audit Opinion As previously disclosed in the Company's Annual Report on Fo
Battery Testing and Analysis Services Unit to Generate $8 Million to $10 Million Revenue Annually Starting in 2025 SAN DIEGO, May 29, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced it has secured a contract from a top Japanese multinational automaker ("Automaker") for testing and analysis of high-energy battery cells intended for their next-generation electric vehicles. The Company will utilize its KULR ONE Design Solutions (K1-DS) platform to expedite design readiness for the Automaker's future electric vehicle buildout. KULR's extensive spaceflight expertise and proprieta
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Alliance Global Partners reiterated coverage of KULR Tech Group with a rating of Buy and set a new price target of $4.50 from $3.50 previously
Alliance Global Partners initiated coverage of KULR Technology with a rating of Buy and set a new price target of $3.50
SAN DIEGO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today reported results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Results Revenues: In the second quarter that ended June 30, 2024, revenue was $2.43 million compared to $2.70 million reported in the same period last year. Contract Services revenue increased 75.7%, with revenue of approximately $1.30 million versus approximately $738 thousand in the same quarter last year. Cash and Accounts Receivable: As of June 30, 2024, the Company had cash and accounts receivable combined of $2.94 million. Gr
SAN DIEGO, Aug. 05, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, will hold a conference call on Monday, August 12th, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2024. The financial results will be issued in a press release prior to the call. KULR management will host the conference call, followed by a question-and-answer period. Interested parties can submit relevant questions prior to the call to Stuart Smith at SmallCapVoice.Com, Inc. via email: [email protected] by 5:00 p.m. ET on Thursday, August 8th, 2024
SAN DIEGO, May 15, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today reported results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Results Revenues: In the first quarter that ended March 31, 2024, revenue was flat at $1.75 million compared to $1.76 million reported in the same period last year. Contract Services revenue increased 769%, with revenue of approximately $1.13 million versus approximately $131 thousand in the same quarter last year. Cash and Accounts Receivable: As of March 31, 2024, the Company had cash and accounts receivable combined of $1.78 milli
SAN DIEGO, May 10, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, will hold a conference call on Wednesday, May 15th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2024. The financial results will be issued in a press release prior to the call. KULR management will host the conference call, followed by a question-and-answer period. Interested parties can submit relevant questions prior to the call to Stuart Smith at SmallCapVoice.Com, Inc. via email: [email protected] by 12:00 PM ET on Tuesday, May 14th, 2024. Mr.
Full-Year 2023 Revenue Up 146% Year-Over-Year SAN DIEGO, April 12, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced its financial results for full-year 2023. Full-Year 2023 Financial Results: Revenues: Revenue increased 146% to $9,830,166 in 2023 from $3,994,634 in 2022. The increase in revenue was mainly due to early success in the energy storage and battery transportation and recycling sectors. The Company continues to build its relationships with a wide range of energy, transport and aerospace partners and has billed 53 customers during the year ended December 31,
SAN DIEGO, April 01, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, will hold a conference call on Friday, April 12th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2023. The financial results will be issued in a press release prior to the call. KULR management will host the conference call, followed by a question-and-answer period. Date: Friday, April 12, 2024Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)U.S. dial-in: 855-459-0165Access Code: 361411Webcast: Click here to access Please call the
SAN DIEGO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today reported results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Results Revenues: In the third quarter that ended September 30, 2023, revenue increased to $3.04 million from $1.39 million reported in the same period last year, with revenues more than doubling - or an increase of approximately 118%. Contract Services revenue increased over 4,800%, with revenue of approximately $1.14 million versus approximately $20 thousand in the same quarter last year. Product revenue for the
SAN DIEGO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, will hold a conference call on Tuesday, November 14th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2023. The financial results will be issued in a press release prior to the call. KULR management will host the conference call, followed by a question-and-answer period. Date: Tuesday, November 14, 2023Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)U.S. dial-in: 855-459-0165Access Code: 361411Webcast: Click here to access Please call
Company Estimates Full-Year 2023 Revenue Between $10 Million and $14 Million SAN DIEGO, Aug. 16, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today reported results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Results Revenues: In the second quarter ended June 30, 2023, revenue increased to $2.7 million from $0.6 million reported in the same period last year for an approximately 360% increase. Contract Services revenue increased over 2300%, with second quarter 2023 contract services revenue of approximately $0.7 million versus $0.03 million in the prior yea
SAN DIEGO, Aug. 11, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced that it has changed its conference call for second quarter 2023 financial results to Wednesday, August 16th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time). The financial results will be issued in a press release prior to the call. KULR management will host the conference call, followed by a question-and-answer period. Date: Wednesday, August 16, 2023Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)U.S. dial-in: 855-459-0165Access Code: 361411Webcast: Click here to access Please call the confe
KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced it has been awarded a purchase order exceeding $400,000 from the National Aeronautics and Space Administration ("NASA"), an independent agency of the U.S. federal government, as part of a $2M multi-phase agreement for its advanced automated battery cell screening system. The battery safety contract with NASA is to test lithium-ion cells going into future battery packs designed for the Artemis Program, a series of United States-led international human spaceflight programs. KULR will perform the tests on cells in reserve for upcoming Artemis missions as well as o
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SAN DIEGO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, announced today the mutually agreed upon resignation of Keith Cochran as President and Chief Operating Officer, effective August 20, 2024. KULR has re-allocated the oversight of its day-to-day operations among its executive level management, headed by Chief Executive Officer, Michael Mo. "On behalf of the Board and rest of the Company, I want to thank Keith for his years of service to the Company," said Michael Mo. "We are appreciative of Keith's expertise and leadership throughout his tenure as President and Chief Operating Offi
Former DuPont Executive Brings Decades of Private and Public Market Experience to Company's Board SAN DIEGO, April 15, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced the appointment of new independent director, Donna H. Grier, to the Company's Board of Directors (the "Board"). Ms. Grier will serve as Chair of the Audit Committee and a member of both the Nominating and Corporate Governance and Compensation Committees of the Board. Concurrently with the appointment of Ms. Grier, current director Mr. Morio Kurosaki will retire from the Board effective immediately. "We are
SAN DIEGO, March 29, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced it has strengthened its executive leadership team with the appointment of Shawn Canter as its Chief Financial Officer ("CFO"). Mr. Canter begins his role at the Company effective March 31, 2023. 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 finan
Directing the Next Wave of Innovation for KULR, Walker Will Lead the Engineering Team Toward the Future of Energy Management Solutions and Help KULR Expand into New Commercial Markets SAN DIEGO, Nov. 01, 2022 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a leading energy management platform accelerating the electrification of the circular economy, today announced the appointment of Dr. William Walker, Ph.D. as the new Chief Technology Officer ("CTO"), effective immediately. In his new position, Dr. Walker will envision, design, and direct the next wave of energy management solutions to transform the electrification industry and help the company exp
Former NASA Battery Thermal Engineer to Expand Thermal Management Capabilities in Company's High-Performance Computing and Hypersonic Vehicle Initiatives SAN DIEGO, March 10, 2022 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, has appointed Dr. William Walker as its new Director of Engineering. In his new role, Dr. Walker will work with the Company's engineering team on its next generation high-performance computing ("HPC") and hypersonic vehicle thermal management initiatives. Prior to KULR, Dr. Walker was employed by NASA Johnson Space Center wh