Company Strategy and Leadership - KULR Technology Group's CEO Michael Mo voluntarily reduced his cash compensation by 33% and opted for an equity incentive grant that vests after 12 months, aligning his interests with shareholders [1] - The revised compensation model ensures one-third of the CEO's salary is tied to the company's stock market value, directly correlating his benefits with value creation [2] - The CEO emphasized the importance of operating in a lean and agile manner, citing a 23% reduction in operating and investment cash usage in Q1 2024 compared to Q1 2023 [3] Market and Product Outlook - The company is focusing on capturing market share in space, military, and industrial battery applications over the next three years, leveraging its KULR ONE platform [3] - KULR Technology Group is positioned as a leader in energy management solutions, contributing to the electrification of the circular economy through its carbon fiber thermal management technologies [4] Financial and Operational Performance - The company has successfully reduced its cash consumption, with a 23% decrease in operating and investment cash usage in Q1 2024 compared to the same period in 2023 [3]

SAN DIEGO, May 23, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), global leader in safe and high-performance energy storage solutions, today announced that, in keeping with the Company's recent efforts to reduce its cash consumption, KULR's compensation committee approved a voluntary request by CEO Michael Mo to reduce the cash component of his compensation by 33% and, believing in the future of KULR, to instead grant him an equity incentive grant that ...

Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - May 23, 2024) - Investorideas.com, a go- to investing platform covering electric vehicles releases a report on the evolution of the sector as the recreational market follows suit, featuring KULR Technology Group, Inc (NYSE American: KULR), a global leader in safe and high-performance energy storage solutions. Read the full article on Investorideas.com https://www.investorideas.com/News/2024/renewable-energy/05230Recreational-Market-EV.asp Al ...

The partnership highlights BRP's proactive approach to thermal runaway management across all its e-mobility market verticals – including National Fire Protection Association (NFPA) 1192, while concurrently aligning with KULR's development of the KULR ONE Design Solutions (K1-DS) platform, which focuses on regulatory compliance, including battery cell testing, propagation-resistant materials, pack and module level testing. The NFPA 1192 standard establishes fire and life safety criteria for recreational vehi ...

Core Viewpoint - KULR Technology Group, Inc. (KULR) has experienced a significant decline of 21.7% over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, with analysts predicting better earnings than previously expected [1] Group 1: Technical Indicators - The Relative Strength Index (RSI) is utilized to identify oversold stocks, with a reading below 30 indicating oversold conditions [2] - KULR's current RSI reading is 27.58, suggesting that the heavy selling pressure may be exhausting, indicating a possible rebound [5] Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts that KULR's earnings estimates for the current year have increased by 9.1% over the last 30 days, which typically correlates with price appreciation [6] - KULR holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [7]

Kulr Technology (NYSEMKT:KULR) stock is falling on Thursday following the release of the thermal management technology company's earnings report for the first quarter of 2024. Unfortunately for KULR stockholders, the company reported earnings per share of -4 cents during the quarter. That's worse than the -2 cents per share Wall Street expected. That's despite it improving from -6 cents per share in the same period of the year prior. Another negative for KULR stock today is the company's Q1 revenue of $1.75 ...

SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 15, 2024 KULR TECHNOLOGY GROUP, INC. (Exact name of the registrant as specified in its charter) (State or other jurisdiction of incorporation) Delaware 001-40454 81-1004273 (Commission File Number) ¨ Soliciting material pursuant to Rule 14A-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement c ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40454 KULR TECHNOLOGY GROUP, INC. (Exact name of registrant as specified in its charter) (State or Other Jur ...

SAN DIEGO, May 13, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), a global leader in safe and high-performance energy storage solutions, is excited to announce the launch of the KULR Online Marketplace. This innovative platform is now live and features the Safe-X product line, including SafeCASE models and SafeSLEEVE products, available for purchase both on KULR's online marketplace and through Safeware.com, a premier distributor for Hazmat and fire safety equipm ...

SAN DIEGO, May 10, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, will hold a conference call on Wednesday, May 15th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2024. The financial results will be issued in a press release prior to the call. KULR management will host the conference call, followed by a question-and-answer period ...