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KULR Technology Group, Inc. develops and commercializes energy-system and thermal-management technologies for high-power lithium battery applications. Company news centers on battery safety, certifiable battery systems and KULR ONE platforms used in space and defense programs, unmanned aircraft, electric aviation, hyperscale AI data centers, telecom infrastructure, e-mobility and other industrial electronics.
Recurring updates include earnings releases and conference calls, customer purchase orders, preferred supply agreements, joint-development collaborations, U.S.-based manufacturing initiatives, and governance changes. Product-specific items include KULR ONE Air batteries for UAV and UAM applications and KULR ONE MAX battery backup units for AI-scale data centers and high-power compute environments.
KULR Technology Group (NYSE American: KULR) reported second quarter 2026 revenue of $2.08 million, down 43% from $3.65 million a year earlier. Gross margin declined to (31)% from 20%. SG&A expenses fell 9% to $6.31 million, while R&D expenses rose 23% to $2.99 million.
Loss from operations increased 19% to $11.20 million. KULR recorded a net loss of $21.97 million, or -$0.47 per share, versus net income of $8.14 million, or $0.22 per share, in the prior-year quarter, largely due to a $10.59 million non-cash fair value loss on bitcoin holdings. The company reported $12.8 million in cash as of June 30, 2026, and has exited bitcoin mining, repaid its Coinbase loan, and begun reducing bitcoin holdings.
KULR Technology Group (NYSE American: KULR), a developer of safe, high-power energy systems used in applications such as space, defense, drones, data centers, and robotics, has scheduled its second quarter 2026 earnings conference call.
The call will take place on Thursday, August 13, 2026 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to review financial results for the quarter ended June 30, 2026. According to the company, the earnings results will be released in a press announcement prior to the call. Investors must register via the provided online link to receive dial-in details, including a unique access code and PIN required to join the live call. A replay of the conference call will be made available through the Investor Relations section of KULR’s website at www.kulr.ai.
KULR Technology Group (NYSE American: KULR) has been selected by Icarus Robotics to supply its KULR ONE Space (K1S) battery systems for JOY, an autonomous free-flying robotic platform bound for the International Space Station on the JOYRIDE-1 mission targeted for early 2027.
KULR will provide space-qualified, NASA-standard battery systems to power JOY’s autonomous navigation, maneuvering, and operational tasks aboard the ISS. The agreement builds on KULR’s prior NASA-related work, including Artemis crewed mission battery systems and other commercial space partnerships, with production and qualification testing supported by its Webster, Texas facility.
KULR Technology Group (NYSE American: KULR) extended the pause of its at-the-market equity offering with Cantor Fitzgerald and Craig-Hallum through September 30, 2026, reaffirming a non-dilutive growth strategy. KULR expects existing liquidity and balance-sheet discipline to fund operations and growth, and may periodically sell its Bitcoin holdings to support scaling its KULR ONE Space, KULR ONE Air, and KULR ONE MAX battery platforms.
KULR Technology Group (NYSE American: KULR) released a June 2026 shareholder letter from CEO Michael Mo outlining strategy for building a high-power battery platform as infrastructure for physical AI.
The letter highlights Q1 2026 revenue nearly doubling year-over-year, stronger product sales, higher gross margin, lower operating expenses, and progress across space, defense, drone, robotics, and AI data center markets.
KULR Technology Group (NYSE American: KULR) appointed Dr. Michael Kimel as Chief Financial Officer and Steven Perez as an independent Board member, effective June 9, 2026. Dr. Kimel resigned from KULR’s Board in connection with his CFO appointment.
Both executives bring decades of experience in financial strategy, pricing, and enterprise sales to support KULR’s next growth phase.
KULR (NYSE American: KULR) announced a prototype development and fabrication agreement with a U.S.-based defense drone manufacturer to design, build, test, and certify lithium-ion battery packs for military and commercial UAVs and handheld controllers.
The work covers system design through production readiness and can position KULR as the qualified battery source once platforms deploy, against a backdrop of the Pentagon’s $1.1 billion Drone Dominance program and a drone battery market projected to reach about $45.64 billion by 2035.
KULR Technology Group (NYSE American: KULR) is advancing next-generation drone battery pack integration using Factorial solid-state and lithium-metal cells. KULR supports U.S. unmanned aircraft systems by optimizing Factorial cells for demanding flight environments through its battery safety, thermal management, pack design, and mission-critical energy expertise.
KULR and Factorial demonstrated initial battery packs at XPONENTIAL 2026 in Detroit, targeting aerospace, defense, robotics, and autonomous systems. This work aligns with the expansion of the KULR ONE and KULR ONE Air platforms for advanced drone, UAS, eVTOL, and electric aviation applications.
KULR Technology (NYSE American: KULR) was selected by Argo Space as battery provider for an upcoming orbital transport mission. KULR will supply its KULR ONE Space (K1S) systems, designed to NASA safety standards, to power critical spacecraft subsystems, supported by its Webster, Texas manufacturing and R&D facility.
KULR Technology Group (NYSE American: KULR) reported strong first quarter 2026 revenue growth and margin expansion alongside a larger net loss driven by bitcoin-related charges.
Revenue rose 98% to $4.85 million, gross margin improved to 29%, SG&A and R&D fell, operating loss narrowed, but net loss increased to $28.1 million due to a $20.8 million non-cash mark-to-market loss on bitcoin. Cash totaled $19.0 million as of May 13, 2026.