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KULR Technology Group Inc
AMEX:KULR

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KULR Technology Group Inc
AMEX:KULR
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Price: 1.1 USD -7.56% Market Closed
Market Cap: 328.3m USD

KULR Technology Group Inc
Investor Relations

KULR Technology Group, Inc. engages in developing, manufacturing, and licensing next-generation carbon fiber thermal management technologies for batteries and electronic systems. The company is headquartered in San Diego, California and currently employs 62 full-time employees. The company went IPO on 2018-05-21. The firm is engaged in developing, manufacturing, and licensing carbon fiber thermal management technologies for batteries and electronic systems. For its aerospace and Department of Defense (DOD) application, the Company's solution targets high-performance applications in direct energy, hypersonic vehicles and satellite communications. For commercial applications, its focus is solution to battery safety and sustainability. This total battery safety solution can be used for electric vehicles, energy storage, battery recycling transportation, cloud computing and fifth generation communication devices. Its heat management products and services are divided into various categories, Lithium-Ion Battery Thermal Runaway Shield (TRS), CellCheck, KULR-Tech Safe Case, Fiber Thermal Interface Material (FTI), Phase Change Material (PCM) Heat Sink, Internal Short Circuit (ISC) Device and CRUX Cathode.

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Earnings Calls

2025 Q1
May 15, 2025
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KULR Reports 40% Revenue Growth and Plans for Strategic Expansion
2025 Q1
May 15, 2025

In the first quarter of 2025, KULR Technology Group experienced a 40% revenue increase, reaching $2.4 million, marking its highest trailing revenue ever. Product revenue surged by 89%, while the company recognized its first Bitcoin mining revenue of $250,000. Despite challenging gross margins at 8% due to unexpected project costs, KULR remains strong financially, with $24 million in cash and substantial Bitcoin holdings. Looking ahead, the company anticipates doubling revenue by the end of 2025. Recently, KULR partnered with German Bionic to develop exoskeletons aimed at addressing labor shortages in key industries while expanding its operations and production capacity to meet growing demand.

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Management

Mr. Michael Mo
Co-Founder, Chairman & CEO
No Bio Available
Mr. Shawn Canter
Chief Financial Officer
No Bio Available
Dr. William Quinn Walker Ph.D.
Chief Technology Officer
No Bio Available
Derek Newton
Head of Media Relations
No Bio Available
Mr. Ted Krupp
Vice President of Sales & Marketing
No Bio Available

Contacts

Address
CALIFORNIA
San Diego
4863 Shawline Street
Contacts