Kulr Technology Stock Price, News & Analysis

KULR Technology Group has expanded its Bitcoin Treasury with an additional $10 million investment, bringing total bitcoin acquisitions to $60 million. The company now holds 610.3 BTC, purchased at a weighted average price of $103,905 per bitcoin, including fees.

This expansion aligns with KULR's Bitcoin Treasury Strategy announced in December 2024, which committed up to 90% of surplus cash reserves to bitcoin holdings. The company reports a BTC Yield of 167.3% year to date, achieved through a combination of surplus cash and its At-The-Market (ATM) equity program.

KULR introduces 'BTC Yield' as a key performance indicator, calculated as the percentage change in the ratio of bitcoin holdings to assumed fully diluted shares outstanding. The company emphasizes that BTC Yield should not be interpreted as a measure of operating performance, financial return, or liquidity.

KULR Technology Group has announced a strategic partnership with EDOM Technology, an NVIDIA Channel Partner, to distribute its KULR Xero Vibe™ (KXV) and KULR ONE product lines in Taiwan's AI supply chain market. The collaboration aims to address large-scale systems cooling needs within the AI ecosystem, targeting both server and edge computing devices.

The partnership leverages EDOM's established relationship with NVIDIA and expertise in the AI supply chain. KULR has recently made significant progress in AI infrastructure support, including: a licensing partnership with a Japanese for data center cooling applications, the launch of KXV integrated with NVIDIA Jetson for edge AI applications, and a carbon fiber cathode licensing agreement for nuclear reactor systems in Japan.

This strategic move aligns with the global surge in AI infrastructure demand, particularly in Taiwan, which plays a important role in the global AI supply chain development.

KULR Technology Group (NYSE: KULR) has partnered with Scripps Research Institute's Baran Lab to develop an innovative pyrolytic carbon (PC) electrode material for synthetic organic electrochemistry. The new material offers a cost-effective and robust alternative to traditional carbon materials like reticulated vitreous carbon (RVC) and glassy carbon (GC).

The PC electrodes are manufactured using a proprietary chemical vapor deposition (CVD) process, making large-scale synthesis more economical. The material demonstrates exceptional performance in various electrochemical reactions, including rapid alternating polarity Kolbe couplings, and features superior mechanical strength and reusability compared to traditional RVC electrodes.

This advancement aims to revolutionize the production of pharmaceuticals, polymers, and sustainable materials by making advanced electrochemical techniques more accessible and economical for researchers and industries worldwide.

KULR Technology Group has increased its Bitcoin Treasury by an additional $8 million, reaching a total of $50 million in bitcoin acquisitions. The company now holds 510 BTC, purchased at a weighted average price of $101,695 per bitcoin. This aligns with KULR's December 2024 strategy to hold up to 90% of surplus cash reserves in bitcoin.

The company has achieved a BTC Yield of 127% year to date, using surplus cash and its At-The-Market equity program. KULR uses BTC Yield as a key performance indicator, calculated as the percentage change in the ratio of bitcoin holdings to Assumed Fully Diluted Shares Outstanding. The company emphasizes that BTC Yield should not be interpreted as a measure of operating performance or financial return.

KULR Technology Group has expanded its Bitcoin Treasury with an additional $8 million investment, bringing total bitcoin acquisitions to $50 million. The company now holds 510 BTC, purchased at a weighted average price of $101,695 per bitcoin, including fees and expenses.

This expansion aligns with KULR's Bitcoin Treasury Strategy announced on December 4, 2024, which committed up to 90% of surplus cash reserves to bitcoin holdings. The company reports a 127% BTC Yield year to date, achieved through a combination of surplus cash and its At-The-Market (ATM) equity program.

KULR introduces 'BTC Yield' as a key performance indicator, calculated as the percentage change in the ratio of bitcoin holdings to Assumed Fully Diluted Shares Outstanding. The company emphasizes that BTC Yield should not be interpreted as a measure of operating performance, financial return, or liquidity.

KULR Technology Group (NYSE: KULR) has signed a multi-million-dollar licensing agreement for advanced carbon fiber cathode applications in nuclear reactor systems in Japan. The technology will be applied to laser-based nuclear fusion systems and small modular reactors (SMRs), offering enhanced safety and heat dissipation capabilities.

The agreement comes amid growing energy demands from data centers, particularly driven by AI applications. According to Goldman Sachs, data center energy demand is projected to double by 2030, currently representing 1-2% of global demand. The U.S. Department of Energy projects global electricity use to rise by up to 75% by 2050.

The combined electricity consumption of Amazon, Microsoft, Google, and Meta more than doubled between 2017 and 2021 to about 72 terawatt-hours (TWh). Nuclear power is emerging as a preferred solution to meet these growing energy demands, particularly for AI and high-performance computing applications.

KULR Technology Group (NYSE: KULR) has signed a multi-million-dollar licensing agreement for advanced carbon fiber cathode applications in nuclear reactor systems in Japan. The licensed technology is engineered for critical use in nuclear reactors, offering enhanced safety, superior heat dissipation, and structural integrity.

The license will be applied to laser-based nuclear fusion systems and small modular reactors (SMRs), targeting a rapidly emerging technology sector. The agreement positions KULR in Japan's nuclear technology market and the broader Asian region. This development aligns with projected trends, as data center energy demand is expected to double by 2030, with global electricity use potentially increasing by 75% by 2050.

KULR Technology Group has announced a collaboration with the U.S. Army to evaluate its KULR VIBE system for vibration reduction on AH-64E Apache and UH-60 Black Hawk helicopters. The 12-month study, starting in 2025 at McEntire Joint National Guard Base, aims to assess the system's potential in enhancing operational efficiency and safety.

The US military aircraft market is projected to grow from $18.26 billion in 2024 to $29.27 billion by 2034, with a CAGR of 4.81%. KULR's previous success includes work with the U.S. Marine Corps on the AH-1Z Viper, which prevented the premature retirement of a $39 million asset and reduced over 2,000 hours of troubleshooting time.

KULR Technology Group (NYSE: KULR) has announced a collaboration with the U.S. Army to evaluate its KULR VIBE system for vibration reduction on AH-64E Apache and UH-60 Black Hawk helicopters. The planned 12-month study, beginning in 2025 at McEntire Joint National Guard Base with the South Carolina National Guard, aims to assess the system's capability to enhance operational efficiency and safety.

The evaluation will focus on improving vibration standards, streamlining track and balance operations, reducing maintenance costs, and enhancing aircraft longevity. KULR has previously demonstrated success with the U.S. Marine Corps, where their solution for the AH-1Z Viper helped avoid premature retirement of a $39 million asset and reduced over 2,000 hours of troubleshooting time.