KULR Technology Group Enters Joint Development Collaboration for $100M AI Server Rack Battery Backup Unit Opportunity

Rhea-AI Summary

KULR Technology Group (NYSE: KULR) entered a Joint Development Collaboration on Dec 17, 2025 to co-develop a next‑generation KULR ONE® MAX Battery Backup Unit (BBU) for AI‑scale data centers.

The program targets a commercial opportunity of up to $100 million, centers on an ultra‑high‑power 21700 cell platform, and is engineered to meet OCP ORV3 and NVIDIA 800 HVDC requirements. KULR will lead design, safety engineering, thermal management, and UL 9540/9540A certification; the partner will support cell integration and commit to long‑term cell supply upon successful certification.

Positive

• Up to $100M projected commercial program value
• Partner committed long‑term 21700 cell supply upon certification
• Designed to meet OCP ORV3 and NVIDIA 800 HVDC requirements
• KULR to lead UL 9540/9540A certification and safety engineering

Negative

• Commercial supply and scale contingent on successful UL 9540 certification
• Program value is projected, not guaranteed pending development outcomes

Key Figures

Program opportunity $100 million Projected value of AI BBU commercial program

Cell format 21700 cell platform Ultra-high-power cells for AI server BBUs

UL 9540 UL 9540 Planned safety certification for BBU systems

UL 9540A UL 9540A Thermal propagation testing standard for BBUs

HVDC requirement 800 HVDC Targeted to meet NVIDIA GPU roadmap requirements

Market Reality Check

$3.18 Last Close

Volume Volume 1,223,708 is at 0.65x the 20-day average of 1,872,998 shares. low

Technical Shares at $3.29 are trading below the 200-day MA of $6.79, far under the $43.92 52-week high.

Peers on Argus 1 Down

Sector peers show mixed moves (e.g., GAUZ up 14.03%, others modestly up or down), and only one peer (OPTX) appears in momentum scans, suggesting this collaboration is more stock-specific than broad sector-driven.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 11	AI data center move	Positive	-2.0%	Joined Open Compute Project as Platinum Member to advance AI BBUs.
Dec 09	AI product showcase	Positive	+2.6%	Showcased KULR ONE MAX ORV3 BBU at Reuters Energy Live 2025.
Nov 24	Defense battery system	Positive	+5.2%	Announced rapid development of 400V battery for counter‑UAS system.
Nov 18	Q3 2025 earnings	Neutral	+6.3%	Reported 116% revenue growth with lower margins and continued losses.
Nov 12	Earnings call notice	Neutral	-7.0%	Scheduled Q3 2025 earnings call and outlined participation details.

Pattern Detected

Recent news has produced mixed reactions, with both gains and declines following strategic and AI-related updates.

Recent Company History

Over the past months, KULR has combined AI data-center expansion with defense and financial updates. AI-focused releases on Dec 9 and Dec 11, 2025 introduced the KULR ONE MAX BBU and OCP Platinum membership, while a Nov 24 release highlighted a 400V defense battery system. Q3 2025 results on Nov 18 showed sharp revenue growth but ongoing losses. Today’s AI BBU collaboration builds directly on those recent AI data-center initiatives.

Market Pulse Summary

The stock moved -8.8% in the session following this news. A negative reaction despite a defined AI data-center opportunity could fit prior mixed responses to KULR’s news flow. The collaboration targets a next-generation BBU line with up to $100 million in projected value and leverages a committed 21700 cell supply. Any sustained weakness would raise focus on certification timelines, capital needs, and converting AI infrastructure positioning into tangible financial results.

Key Terms

battery backup unit technical

"KULR ONE® MAX Battery Backup Unit (BBU) product line designed for AI-scale"

A battery backup unit is a device that stores electrical power and supplies it when the main power source fails, keeping equipment running for a limited time. For investors, it matters because these units protect operations, prevent costly downtime and data loss, and can be critical for businesses such as data centers, hospitals, and manufacturing — much like a spare tire or phone battery that keeps you moving until normal service is restored.

21700 cell technical

"built around a new ultra-high-power 21700 cell platform"

A 21700 cell is a cylindrical lithium‑ion battery cell approximately 21 mm in diameter and 70 mm long, used to store electrical energy for devices, electric vehicles and grid storage. Investors track it because the larger size usually holds more energy and can cut manufacturing cost per unit—like using a bigger fuel tank to travel farther—affecting product performance, production efficiency and profit margins for battery users and makers.

meta open compute project (ocp) technical

"engineered to meet Meta Open Compute Project (OCP) ORV3 standard."

An industry initiative that produces and shares open designs and standards for data-center hardware and infrastructure so companies can build servers, racks, networking equipment and cooling systems from common blueprints instead of proprietary designs. For investors, these shared specifications can reduce capital and operating costs, speed deployment, improve efficiency and increase vendor competition — similar to how shared architectural plans let builders work faster, cheaper and with compatible parts.

ul 9540 regulatory

"lead all UL 9540 and UL 9540A certification activities."

UL 9540 is a safety standard and certification scheme for energy storage systems, such as large battery installations, that checks their design, construction and fire-safety features. For investors it signals whether a storage project meets recognized safety and permitting benchmarks—similar to a building passing inspection—which affects regulatory approval, insurance costs, operational risk and the marketability of the asset.

ul 9540a regulatory

"lead all UL 9540 and UL 9540A certification activities."

UL 9540A is a laboratory test method that simulates how energy storage batteries can fail, catch fire, and spread heat, gas, or flames to nearby cells or equipment. For investors, passing this test can reduce regulatory hurdles, insurance costs, and safety risk—think of it like a crash test for battery systems that shows whether a product is likely to contain a problem or cause a larger, costly incident.

hyperscale technical

"global hyperscalers, cloud service providers, AI data-center operators"

Hyperscale describes the ability of a system or operation to grow rapidly and handle extremely large amounts of work or data. It’s like a massive factory that can quickly expand its production capacity to meet soaring demand. For investors, hyperscale indicates a business’s potential to scale efficiently, often leading to increased growth and profitability.

lithium-ion technical

"high-power lithium-ion backup systems across global hyperscalers"

A type of rechargeable battery chemistry that stores and releases energy by moving lithium ions between two electrodes; think of it as a lightweight, refillable fuel tank for electronics and vehicles. It matters to investors because lithium‑ion batteries are central to smartphones, electric vehicles and grid storage, driving demand for raw materials, manufacturers and related supply chains, and influencing costs, growth prospects and regulatory attention.

hvdc technical

"NVIDIA GPU roadmap for 800 HVDC requirements."

HVDC, short for high‑voltage direct current, is a way of transmitting electricity as a steady one‑direction flow over long distances or undersea links instead of the usual back‑and‑forth alternating current. Like a high‑speed, nonstop pipeline for power, it cuts energy loss and can link different power grids or distant renewable sites more efficiently. Investors watch HVDC projects because they are large, long‑lived infrastructure investments that affect utility revenue, grid capacity, construction and regulatory risk, and the economics of power supply.

AI-generated analysis. Not financial advice.

HOUSTON, Dec. 17, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a Bitcoin+ Treasury company that builds a portfolio of frontier high-performance energy systems for cross-industry applications, today announced it has entered into a Joint Development Collaboration with a leading global battery-cell manufacturer to co-develop a next-generation KULR ONE® MAX Battery Backup Unit (BBU) product line designed for AI-scale data centers and high-power compute environments.

KULR will lead the design, development, safety engineering, and UL certification of a state-of-the-art BBU architecture built around a new ultra-high-power 21700 cell platform. The collaboration advances KULR’s strategic position in the AI data-center energy market, establishing the foundation for a commercial program with up to $100 million in projected value.

"AI-scale computing is fundamentally reshaping how data centers think about power, safety and reliability,” said Michael Mo, Chief Executive Officer of KULR Technology Group. “KULR has spent years building energy systems designed to perform safely and consistently in the most demanding environments, and this initiative allows us to extend that foundation into next-generation battery backup solutions, purpose-built for modern AI workloads. As compute density and energy intensity continue to rise, we see a clear opportunity to deliver scalable, certifiable battery infrastructure that meets where the industry its headed."

Advanced 21700-Cell Platform for AI Compute, Hyperscale, and Edge Deployments

The jointly developed BBU system will be optimized around an ultra-high-power 21700 cell architecture capable of supporting the next generation of ultra-high-current and high-power AI server workloads.

The platform is engineered to meet

• Meta Open Compute Project (OCP) ORV3 standard.
• NVIDIA GPU roadmap for 800 HVDC requirements.
  
  

KULR will provide system-level architecture, thermal-management engineering, propagation-resistance design, and lead all UL 9540 and UL 9540A certification activities. The partner cell manufacturer will support cell-level integration and provide technical resources as needed.

Long-Term Supply Commitment Supporting Commercial Scale

Upon successful UL 9540 certification, KULR’s joint-development partner has committed to supplying its ultra-high-power 21700 cells for the newly developed BBU product line throughout the lifetime of the program. This ensures KULR has predictable, scalable, cost-controlled access to premium high-performance cells as it moves into commercial production.

This venture accelerates KULR’s continued efforts to meet growing global demand for safe, certifiable, high-power lithium-ion backup systems across global hyperscalers, cloud service providers, AI data-center operators, and system integrators.

About KULR Technology Group, Inc.
KULR Technology Group, Inc. (NYSE American: KULR) is a Bitcoin+ Treasury company that builds a portfolio of frontier technology businesses ranging from high-performance energy systems to AI Robotics. KULR delivers cutting-edge energy storage solutions for space, aerospace, and defense by leveraging a foundation of in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities. The Company’s offering allows delivery of commercial-off-the-shelf and custom next-generation energy storage systems in rapid timelines for a fraction of the cost compared to traditional programs. Since late 2024, KULR has included bitcoin as a primary asset in its treasury program and committed to allocating up to 90% of its excess cash to the acquisition of bitcoin.

Find KULR: Website | X | Telegram | LinkedIn | Instagram | TikTok | Facebook

Safe Harbor Statement
This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on March 31, 2025, as may be amended or supplemented by other reports we file with the Securities and Exchange Commission from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely based on management’s best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Investor Relations:
KULR Technology Group, Inc.
Phone: 858-866-8478 x 847
Email: ir@kulr.ai

KULR Media Relations:
M Group Strategic Communications (on behalf of KULR)
Email: kulr@mgroupsc.com

FAQ

What did KULR announce on December 17, 2025 about the KULR ONE MAX (KULR)?

KULR announced a joint development collaboration to co‑develop the KULR ONE MAX BBU for AI data centers with a projected commercial program value of up to $100 million.

How will the new KULR ONE MAX support AI server requirements (KULR)?

The BBU is optimized around an ultra‑high‑power 21700 cell platform engineered to meet OCP ORV3 and NVIDIA 800 HVDC requirements for AI server workloads.

What roles will KULR and its partner play in the collaboration (KULR)?

KULR will lead design, thermal‑management, propagation‑resistance design, and UL 9540/9540A certification; the partner will support cell‑level integration and supply cells.

Is the partner cell supply guaranteed for the KULR program (KULR)?

The partner committed to long‑term supply of ultra‑high‑power 21700 cells contingent on successful UL 9540 certification.

What is the estimated commercial scale for the KULR BBU program (KULR)?

KULR cited a foundation for a commercial program with a projected value of up to $100 million.