Latest news with #KULRTechnology
Globe and Mail
2 days ago
- Business
- Globe and Mail
KULR Partners with Amprius and Molicel to Launch KULR ONE Air for Unmanned Aircraft Systems
Partnership Brings Advanced Unmanned Aircraft Battery Systems to Market in Q4 2025 HOUSTON, Aug. 19, 2025 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a Bitcoin-Plus Treasury company that builds a portfolio of frontier technology businesses ranging from high performance energy systems to AI Robotics, today announced strategic partnerships with Molicel, a subsidiary of publicly traded Taiwan Cement (TWSE: and Amprius Technologies (NYSE: AMPX) to power its new KULR ONE Air (K1A) product line -- a family of advanced battery systems purpose-built for the rapidly expanding unmanned aircraft systems (UAS) market. Initial sample shipments began in July 2025, with volume production scheduled for Q4 2025. KULR will offer both standard off-the-shelf K1A systems for rapid deployment and customizable configurations to meet specific OEM requirements. The K1A line integrates KULR's industry-leading thermal management technologies with Amprius' ultra-high energy density SiCore ® cylindrical battery cells and Molicel's high-power P50B cells. This innovative combination of industry-proven cell technologies delivers superior safety, extended flight times, and enhanced capabilities to support the evolving needs of next-generation UAS missions. 'Our new K1A product line represents a pivotal step forward in bringing space-proven technologies to the UAS market,' said Michael Mo, CEO of KULR Technology Group. 'We've built our legacy on delivering energy and thermal solutions for applications where failure is not an option. With K1A, we're applying that same level of performance and reliability to advanced unmanned aircraft systems, which are slated to become more common in our everyday lives.' Engineered for Next-Generation Unmanned Systems Built on KULR's decade-long heritage in aerospace and defense, including collaborations with NASA, the K1A battery systems are designed for the demanding operational conditions of fixed-wing, rotary, and eVTOL drone platforms. Key features of the K1A battery line include: Lightweight, high-performance lithium-ion chemistries Modular, scalable form factors compatible with multiple UAS types Rugged, field-ready design for operation in extreme environments 'Amprius' silicon anode battery technology delivers industry-leading 500 Wh/kg energy density in an ultra-lightweight form factor, key to extending flight time and payload capacity in next-generation drones,' said Dr. Kang Sun, CEO of Amprius Technologies. 'Pairing our SiCore cells with KULR's ONE Air product line brings together performance and safety in one integrated solution for advanced defense and commercial UAS missions.' Frank So, Executive Vice President of Molicel, added: 'This collaboration with KULR reflects our shared focus on performance and reliability in mission-critical applications. Our P50B cells are designed for high power output, exceptional cycle life, and robust thermal stability -- ideal for unmanned aerial systems operating in extreme conditions.' Capitalizing on Explosive Market Growth According to recent market research, the global drone battery market is projected to grow from $9.5 billion in 2025 to $49.6 billion by 2035, driven by surging demand for autonomous systems in both commercial and defense sectors. KULR's K1A platform is positioned to capitalize on this growth by offering high-energy-density power solutions optimized for endurance, safety, and mission flexibility. This announcement comes amid significant policy shifts in U.S. drone strategy. Following executive orders signed by President Donald Trump earlier this summer to boost domestic drone production, Transportation Secretary Sean Duffy recently proposed regulatory reforms that would expand UAS deployment. The proposed rule would eliminate the need for individual flight waivers while mandating onboard collision avoidance systems -- paving the way for broader adoption in sectors like agriculture, emergency response, infrastructure inspection, and last-mile delivery. About KULR Technology Group, Inc. KULR Technology Group, Inc. (NYSE American: KULR) is a Bitcoin-Plus 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. About Amprius Technologies, Inc. Amprius Technologies, Inc. is a leading manufacturer of high-energy and high-power lithium-ion batteries, producing the industry's highest-known energy density cells. The Company's commercially available SiCore ® and SiMaxx™ batteries deliver up to 450 Wh/kg and 1,150 Wh/L, with third-party validation of 500 Wh/kg and 1,300 Wh/L. The Company's corporate headquarters is in Fremont, California, where it maintains an R&D lab and a MWh scale manufacturing facility for the fabrication of silicon anodes and cells. To serve customer demand, Amprius entered into several agreements to secure over 1.8 GWh of contract manufacturing capacity. For additional information, please visit Also, see the Company's LinkedIn page. 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.
Yahoo
15-07-2025
- Business
- Yahoo
Why KULR Stock Plummeted 74.9% in the First Half of 2025 -- and What Comes Next
KULR stock surged more than 1,800% in 2024's trading, but it's seen a big reversal this year. The huge sell-offs for the stock in 2025 have partially been a reaction to meme-stock-related trading last year. KULR's business performance, strategic pivot, and reverse stock split have also played roles in the valuation pullback. 10 stocks we like better than KULR Technology Group › Despite gains for the broader market, KULR Technology (NYSEMKT: KULR) stock got hit with a huge valuation pullback across the first half of 2025. The company's share price fell 74.9% across the stretch despite gains of 5.5% for the S&P 500 index, according to data from S&P Global Market Intelligence. KULR stock saw a massive rally at the end of 2024 thanks to meme-stock momentum and excitement surrounding the company's new focus on cryptocurrency investments, but the rally has collapsed this year. The stock has also continued to move lower at the start of this year's second half. Thanks to its relatively small size, a surge of meme-stock-related trading, and some business-related news, KULR stock saw an incredible surge late in 2024's trading. The late rally helped push the company's share price up more than 1,800% across the stretch, but momentum started to reverse aggressively moving through this year. KULR then published its first-quarter results in May and reported a 40% year-over-year increase for its sales. On the other hand, revenue for the period still came in at only $2.45 million -- a relatively small amount in the context of the company's valuation. The company also posted a net loss of roughly $18.8 million in the period. While the increased loss in the period largely stemmed from the company's ramped-up focus on Bitcoin (CRYPTO: BTC) mining operations, overall results for the quarter were still not particularly encouraging and corresponded with a big valuation pullback. The stock then saw another big round of sell-offs in June after the company announced that it would be moving forward with an 8-for-1 reverse stock split. The move restructured the company's stock setup and boosted its share price by combining eight shares of the company's stock into one new share. As a result, the stock regained compliance with the NYSE American exchange rules that require all stocks listed on the exchange to be trading above $1 per share. Thanks to the reverse split, the stock has been able to continue trading on the NYSE American exchange -- which helps support visibility and trading volume for the stock. In turn, this typically helps prevent mass sell-offs that can come with being delisted from a major exchange. But reverse stock splits are still viewed as a bearish indicator by many investors because they're often an indication that a company and its stock are struggling. KULR has now repositioned itself as a Bitcoin-first company and is aiming to make investments in the cryptocurrency the center of its growth strategy. By taking on debt or selling new stock, the company can secure funds that allow it to purchase Bitcoin. Despite strong performance for the cryptocurrency as KULR has continued to increase its Bitcoin holdings, the stock has continued to see poor performance. The company's share price has fallen an additional 8% in this year's second half. If the value of its cryptocurrency holdings go up substantially as it continues to add Bitcoin to its treasury holdings, KULR stock could see a dramatic rebound -- but the stock looks very risky. Before you buy stock in KULR Technology Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and KULR Technology Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation,you'd have $680,559!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,005,670!* Now, it's worth notingStock Advisor's total average return is1,053% — a market-crushing outperformance compared to180%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy. Why KULR Stock Plummeted 74.9% in the First Half of 2025 -- and What Comes Next was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
Why KULR Technology Stock Is Surging Today
KULR stock initially saw massive gains after it was announced that the company had secured a $20 million loan from Coinbase Credit. The company's stock has since given up most of the early gains powered by the news. KULR's shift to a Bitcoin-focused company could spur pops for the stock, but the long-term outlook is unclear. 10 stocks we like better than KULR Technology Group › KULR Technology (NYSEMKT: KULR) stock is seeing huge volatility in Tuesday's trading on the heels of fresh financing news. The company's share price was up 3.7% as of 11:15 a.m. ET, and had been up as much as 23.3% earlier in the session. KULR announced today that it had received a $20 million loan from Coinbase Credit, a subsidiary of Coinbase Global. The funding will be used to advance KULR's Bitcoin treasury strategy. KULR says that the $20 million loan it has received through Coinbase Credit has been backed up with Bitcoin it already owned, and that the new deal has provided it with additional capital without diluting its stock through new share sales. While the announcement initially powered an explosive rally for the stock, the gains have largely faded as investors have had more time to digest the news. KULR stock has been highly volatile over the last year, and it's likely that the company's share price will continue to see big swings in the near term. The initial surge for the stock today despite the news of the $20 million loan being relatively minor in the grand scheme of things reflects the potential for KULR to see big pops on relatively small news, but the subsequent sell-off also reflects the high-risk nature of the stock. KULR has pivoted to being a Bitcoin-focused company and is seemingly aiming to replicate elements of the game plan that Strategy (formerly known as MicroStrategy) has been able to successfully orchestrate. Along with meme stock-related momentum, news about Bitcoin acquisitions and financing pushes could cause spikes for the company's valuation. On the other hand, successful execution over the long term is no sure thing -- and the stock looks risky. Before you buy stock in KULR Technology Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and KULR Technology Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $695,481!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $969,935!* Now, it's worth noting Stock Advisor's total average return is 1,053% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool recommends Coinbase Global. The Motley Fool has a disclosure policy. Why KULR Technology Stock Is Surging Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-06-2025
- Business
- Yahoo
Why KULR Technology Stock Is Plummeting Today
After the market closed last Friday, KULR announced that it will carry out a reverse stock split. KULR will implement an 8-for-1 reverse stock split on June 23. The reverse split will help KULR keep trading on its current exchange, but some investors are seeing negative signs in the move. 10 stocks we like better than KULR Technology Group › KULR Technology (NYSEMKT: KULR) stock is getting hit with huge selling action in Monday's trading. The company's share price was down 21.3% as of 3 p.m. ET, despite the S&P 500 (SNPINDEX: ^GSPC) being up 0.9% at the same point in the day's trading. KULR is seeing a big valuation pullback today following news that the company will carry out a reverse stock split. The new structure for the stock won't do anything to alter the fundamentals of the business, but investors are dumping shares ahead of the 8-for-1 reverse split that will take effect on June 23. After surging late in 2024's trading, KULR stock has seen big sell-offs this year. The company's share price is down roughly 74.5% year to date. As a result of the big valuation pullback, KULR's share price is currently below the $1 threshold necessary to continue trading on the NYSE-American Market. By announcing the reverse stock split before its shares had been trading below the threshold for a significant amount of time, KULR may also be able to avoid new rules from the New York Stock Exchange approved earlier this year that make it more difficult to use reverse splits to remain in compliance. KULR's reverse stock split will take effect next Monday and will result in the equivalent of eight existing shares being combined into one new share. The move will have the effect of boosting the company's share price, but it won't alter the fundamentals of the business. Continuing to trade on the NYSE-American Market exchange is probably a good thing for KULR over the long term because it will continue to make the stock easily available for a wide range of investors. On the other hand, it's not hard to see why some investors are reacting negatively to the reverse stock-split news. Reverse splits often occur because a company and its stock are struggling, and they can also limit some of the potential for explosive short-term gains that some investors may be seeking with penny stocks. Before you buy stock in KULR Technology Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and KULR Technology Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor's total average return is 988% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why KULR Technology Stock Is Plummeting Today was originally published by The Motley Fool
