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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) 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.
KULR (NYSE American: KULR) will hold its First Quarter 2026 earnings conference call on Thursday, May 14, 2026 at 4:30 p.m. ET to discuss results for the quarter ended March 31, 2026. A press release with financial results will be issued before the call.
Investors must register to receive dial-in details and a unique access code; questions may be submitted in advance to ir@kulr.ai by 10:00 a.m. ET on May 12, 2026.
KULR (NYSE American: KULR) received initial purchase orders totaling nearly $1.0 million from a U.S. defense technology company that manufactures FPV unmanned aerial systems. The company expects total purchase orders from this customer to exceed $5 million, with all orders to be fulfilled and shipped before end of 2026.
The orders are for KULR ONE Air (K1A) batteries, a purpose-built UAV battery platform leveraging KULR's aerospace and defense manufacturing heritage and U.S.-based production capability.
KULR (NYSE American: KULR) appointed Microsoft director Ben Frank and pricing specialist Dr. Mike Kimel to its Board effective April 28, 2026, and streamlined the Board to three members with two majority independent directors. The company said this supports a 2026 focus on reducing SG&A, operating efficiency, and margin expansion. KULR also named a Special Advisor (CFA, CPA) to implement an Operating Discipline Framework covering pricing, capital allocation, cost controls, and operating cadence, while prioritizing investment in its core battery platform and key end markets including defense, aerospace, and AI infrastructure.