KULR Technology Group Announces Six-Month Pause on At-the-Market Equity Offering Program

Core Viewpoint - KULR Technology Group, Inc. has decided to pause its at-the-market equity offering program until June 30, 2026, while focusing on its core operations and growth initiatives [1][2]. Group 1: Company Overview - KULR Technology Group, Inc. is an energy-systems platform company that specializes in the safe deployment of ultra-high-power lithium battery systems for various applications, including space and defense programs, AI data centers, and telecom infrastructure [1][3]. - The company offers solutions for battery safety, vibration mitigation, and thermal control, enabling reliable operation of lithium-ion systems and sensitive electronics [3]. Group 2: Financial Position - The company maintains a strong balance sheet with no debt and sufficient liquidity to support its planned operations and growth initiatives [2]. - KULR intends to prioritize the ramp-up of production for its KULR ONE Air products and the development of KULR ONE MAX battery backup solutions for AI data center and telecommunications applications [2].