Is KULR the Tesla of Battery Tech? How They're Transforming An $8B Market
KULR Technology Group (NYSE: $KULR) is bringing space-proven solutions for electronics and lithium-ion batteries to the world of electric transportation, energy storage, battery storage, 5G infrastructure, cloud computing, and defense applications.
“The present is theirs; the future, for which I really worked, is mine.”
Nikola Tesla, cir. 1890
What to Know About
KULR Technology Group develops and commercializes thermal management technologies for batteries, electronics, and other components across an array of battery-powered applications, and aerospace and department of defense applications.
6 Reasons KULR Technology Group Should Be On Your Radar
.01 | Solid Growth
The company is trading on a public platform and is in the growth phase after years of investing into its unique technology! The company also has plenty of cash on hand having raised $8 million in gross proceeds from the sale of its common stock and warrants!
.02 | Pioneering Technology
KULR has become a pioneer in thermal (cooling) management technology with its carbon fiber thermal interface material. The material offers superior thermal conductivity and heat dissipation properties. It is ultra-lightweight and flexible in that it can fit most power or electronic configurations, and was designed for space exploration and defense applications where efficient cooling is paramount.
.03 | A Growing Market
According to Grand View Research, the global lithium-ion battery market size was valued at $32.9 Billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 13% from 2020 to 2027. This is a considerable market opportunity for KULR!
.04 | NASA Partnership
The company has been in a long-standing collaboration with NASA, which has said that to this date, a design solution with as much promise has not been found.
.05 | Time Tested
The Mars Perseverance was not even KULR's first high profile NASA mission. In 2017, the company designed a system to keep the components from freezing during NASA's NICER mission which explored deep space neutron stars. The company also collaborated on a project to safely ship to and store laptop batteries aboard the International Space Station using KULR's Thermal Runaway Shield (TRS) tech.
.06 | Increased safety
In October 2020, the consumer Product Safety Commission reported that KULR's design solutions could stop fires and explosions in lithium-ion battery packs, and provides additional insights on the future of safe battery technology.
Stay Ahead Of The Markets
Get the latest updates on KULR and other groundbreaking companies by signing up for our newsletter.
THE TRADE OPPORTUNITY
NEWS
KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced its unaudited preliminary financial results for the fourth quarter ending December 31st, 2022.
KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced that the United States Patent and Trademark Office awarded a patent on the technology behind its SafeCase products.
KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced that it has retained Integrous Communications as its investor relations advisor.
Groundbreaking cooling system for lithium-ion batteries
The Lithium-Ion Battery space is a multi-billion-dollar arena that the world heavily relies on for laptops, phones, electric vehicles and space technology.
What is not being talked about enough is that these innovative batteries are susceptible to overheating and can potentially burst into flames, putting assets and even human life at risk!
Enter: San Diego-Based KULR Technology Group
The company's innovative carbon fiber thermal management solution was used on the NASA-JPL 2020 Mars mission as part of the Mars Rover. Crucial thermal management was provided for vital components in the rover as part of the SHERLOC (Scanning Habitable Environment with Raman & Luminescence for Organics & Chemicals) equipment.
A testament to both their quality and versatility, the KULR team has been adopted as the official thermal management and battery safety provider to electric SUV extreme racing team Andretti United Extreme E.
NASA-JPL's Perseverance Rover Included KULR's Space-Used Thermal Management Technology
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.
Portfolio Continues To Grow
KULR has shown an incredible ability to integrate their tech into the fabric of high-profile companies. This has not only rewarded their efforts from a financial and growth perspective, but also in their media coverage. With each new deal comes increases in brand awareness and a higher level of focus from huge media publications and finance professionals.
"The KULR team has been an essential part of many of our projects."
"Thrilled to make a mark on this historic exploration."
"The scalability of this business is huge."
"Right now, KULR is a star."
"To date, NASA has not found a design solution with as much promise."
Disclaimer
Stock Research Today is a project of Virtus Media LLC and intended solely for entertainment and informational purposes. Consult your financial, investment and tax advisors to determine what financial and tax strategies may be right for you. Investor protection and other important information is available at https://www.sec.gov/. This website / media webpage is owned, operated and edited by Virtus Media LLC. Any wording found on this website / media webpage or disclaimer referencing “I” or “we” or “our” or “Virtus Media” refers to Virtus Media LLC. This website / media webpage is a paid advertisement, not a recommendation nor an offer to buy or sell securities. Our business model is to be financially compensated to market and promote small public companies. By reading our website / media webpage you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature and therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis for making investment decisions and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our website / media webpage .We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website / media webpage are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our website / media webpage may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. Virtus Media business model is to receive financial compensation to promote public companies. To conduct investor relations advertising, marketing and publicly disseminate information not limited to our websites, email, sms, push notifications, influencers, social media postings, ticker tags, press releases, online interviews, podcasts, videos, audio ads, banner ads, native ads, responsive ads. This compensation is a major conflict of interest in our ability to be unbiased regarding. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. Our emails may contain forward-looking statements, which are not guaranteed to materialize due to a variety of factors.
We do not guarantee the timeliness, accuracy, or completeness of the information on our website / media webpage. The information in our website / media webpage is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, Virtus Media. often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice. Compensation – Pursuant to an agreement between Virtus Media LLC and KULR Technology Group, Inc, Virtus Media LLC has been hired for a period beginning on 1/06/22 and ending 3/6/22 to publicly disseminate information about (NASDAQ: KULR) via digital communications. We have been paid fifty thousand USD via ACH Bank Transfer. Pursuant to an agreement between Virtus Media LLC and KULR Technology Group, Inc, Virtus Media LLC has been hired for a period beginning on 3/08/22 and ending 5/07/22 to publicly disseminate information about (NASDAQ: KULR) via digital communications. We have been paid fifty thousand USD via ACH Bank Transfer. Pursuant to an agreement between Virtus Media LLC and KULR Technology Group, Inc, Virtus Media LLC has been hired for a period beginning on 5/07/22 and ending 6/6/22 to publicly disseminate information about (NASDAQ: KULR) via digital communications. We have been paid twenty five thousand USD via ACH Bank Transfer. Pursuant to an agreement between Virtus Media LLC and KULR Technology Group, Inc, Virtus Media LLC has been hired for a period beginning on 6/07/22 and ending 7/13/22 to publicly disseminate information about (NASDAQ: KULR) via digital communications. We have been paid twenty five thousand USD via ACH Bank Transfer. Pursuant to an agreement between Virtus Media LLC and KULR Technology Group, Inc, Virtus Media LLC has been hired for a period beginning on 7/26/22 and ending after 30 days to publicly disseminate information about (NYSE: KULR) via digital communications. We have been paid twenty five thousand USD via ACH Bank Transfer. Pursuant to an agreement between Virtus Media LLC and Lifewater Media, Virtus Media LLC has been hired for a period beginning on 12/07/22 and ending after 12/08/22 to publicly disseminate information about (NASDAQ: KULR) via digital communications. We have been paid ten thousand USD via ACH Bank Transfer. Pursuant to an agreement between Virtus Media LLC and West Coast media , Virtus Media has been hired for a period beginning on 2023-02-28 and ending after 2023-03-01 to publicly disseminate information about NASDAQ: KULR. We have been paid Four thousand dollars USD via ACH Bank Transfer.