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KULR Technology Group Announces Six-Month Pause on At-the-Market Equity Offering Program
Globenewswire· 2025-12-22 13:30
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].
KULR to Host Booth at Commercial UAV Expo 2025
Globenewswire· 2025-08-20 12:30
Group 1 - KULR Technology Group, Inc. is participating in the Commercial UAV Expo 2025, showcasing its KULR ONE Air product and battery safety technology [1][2] - KULR ONE Air (K1A) is an advanced lithium-ion battery system designed for UAV/UAM applications, featuring a compact and scalable architecture optimized for flight performance [1] - The company has integrated bitcoin into its treasury program, committing to allocate up to 90% of its excess cash for bitcoin acquisition since late 2024 [3] Group 2 - The Commercial UAV Expo will take place from September 2 to 4, 2025, at Caesars Forum in Las Vegas, Nevada [2][3] - KULR Technology Group specializes in high-performance energy systems and AI Robotics, providing energy storage solutions for space, aerospace, and defense [3]