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KULR Technology Group, Inc. - KULR STOCK NEWS

Welcome to our dedicated news page for KULR Technology Group (Ticker: KULR), a resource for investors and traders seeking the latest updates and insights on KULR Technology Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect KULR Technology Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of KULR Technology Group's position in the market.

Rhea-AI Summary

KULR Technology Group and Amprius Technologies have formed a strategic partnership to integrate Amprius' high-performance cylindrical cells into KULR ONE Space and Guardian battery architectures. This collaboration aims to provide superior energy density and discharge capability for defense and space applications, meeting stringent safety specifications. The partnership signifies a significant advancement in battery technology for aerospace and military sectors, positioning both companies as leaders in the industry.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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partnership
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Rhea-AI Summary
KULR Technology Group, Inc. (NYSE American: KULR) has secured an immediate power cell battery deployment order for AI-enabled drone missions in Ukraine. The Ukrainian contractor will utilize the company's high-power battery cells for ongoing drone operations in Eastern Europe. This strategic move aligns with the increasing importance of drones in military operations, enhancing reconnaissance capabilities and precision strikes. The global military drone market is projected to grow significantly in the coming years, creating a promising opportunity for KULR.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.4%
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AI
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Rhea-AI Summary
KULR Technology Group appoints Donna H. Grier, a former DuPont executive, as an independent director to its Board of Directors. Ms. Grier brings extensive global business and regulatory oversight experience to the company, serving as Chair of the Audit Committee and member of other key committees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-27.5%
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management
Rhea-AI Summary
KULR Technology Group, a leader in sustainable energy management, reported a 146% increase in revenue for 2023, reaching $9,830,166. The company expanded its customer base, secured significant contracts with industry leaders, and received special permits for its SafeX product suite. However, the net loss increased to $23,693,556, and cash balances decreased to $1,194,764.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-27.5%
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none
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Rhea-AI Summary
KULR Technology Group, Inc. successfully delivers custom-designed KULR ONE battery packs to the United States Army, achieving an 80% improvement in UPS run times. The specialized packs enhance propagation resistance and minimize size and weight, supporting the Army's modernization efforts for future command posts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.74%
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none
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Rhea-AI Summary
KULR Technology Group, Inc. announces a significant expansion in the application of its SafeCASE technology by partnering with a leading eVTOL manufacturer. The partnership showcases KULR's adaptability and growth in the electric aviation sector, emphasizing battery safety and efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
21.55%
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none
Rhea-AI Summary
KULR Technology Group, Inc. partners with H55 Inc. to enhance safety in electric aviation, contributing to the growing Electric Aircraft Market projected to reach $37.2 billion by 2030. The collaboration aims to align with EASA's safety protocols and demonstrates KULR's commitment to advancing energy management solutions in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
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none
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Rhea-AI Summary
KULR Technology Group partners with H55 Inc. in a $1 million commitment to enhance electric propulsion systems for industry giants like Pratt & Whitney. KULR's Thermal Runaway Shield technology ensures compliance with EASA safety standards, driving innovation in electric aviation. The global hybrid aircraft market is projected to reach USD 13.2 billion by 2030, offering substantial growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
70.73%
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none
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Rhea-AI Summary
KULR Technology Group, Inc. to Discuss Financial Results in Conference Call on April 12, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.89%
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Rhea-AI Summary
KULR Technology Group, Inc. announced the retirement of all outstanding debt owed to Yorkville Advisors, marking a significant step for the company. The CEO highlighted the positive impact of this move on the company's financial position and future growth, emphasizing the shift towards the KULR ONE Design Solutions platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.26%
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none
KULR Technology Group, Inc.

NYSE:KULR

KULR Rankings

KULR Stock Data

83.37M
122.64M
27.97%
4.44%
9.16%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
United States of America
SAN DIEGO

About KULR

as the world of electronics demands increasing processing power and further miniaturization and transportation into electrification, kulr’s disruptive, game-changing thermal management technology strives to solve the challenge of keeping electronics cooler, lighter, and safer in an ethical and environmentally sustainable manner. we aim to revolutionize this $7.5 billion a year industry. kulr’s proprietary carbon fiber-based architecture replaces less efficient aluminum and copper based heat spreaders and exchangers, which are energy intensive, less environmentally friendly to produce. carbon fiber thermal interface materials are superior alternatives to particle based thermal interface materials for higher performance, lower contact pressure, higher compliance, and longer reliability.