Kulr Technology Group Inc is a company specializing in thermal management and battery safety solutions for various applications, particularly in the aerospace, automotive, and consumer electronics sectors
Through its innovative technologies, including advanced materials and engineering solutions, Kulr aims to enhance the safety and performance of batteries, especially lithium-ion batteries, by reducing the risks of thermal runaway and improving overall energy efficiency. The company focuses on providing comprehensive solutions that address the challenges of transporting and storing energy, making it a key player in the growing demand for safe and reliable energy systems.
Houston, TX – January 21, 2025 – KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leader in advanced energy management platforms, today announced it has increased its bitcoin purchases for its Bitcoin Treasury by an additional $8 million to reach a total of $50 million in bitcoin acquisitions. The additional purchases […]
On Tuesday, KULR Technology Group, Inc (NYSEKULR) announced it has increased its purchases for its Bitcoin (CRYPTO: BTC) Treasury by an additional $8 million to reach $50 million in Bitcoin acquisitions.
KULR Technology Group Inc (AMEX:KULR) shares are trading higher Tuesday after the company announced the signing of a multi-million-dollar licensing agreement with a new technology partner.
Houston, TX – January 14, 2025 – KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leader in advanced energy management platforms, today announced the signing of a multi-million-dollar licensing agreement with a new technology partner (“Licensee”) to enable advanced carbon fiber cathode applications for nuclear reactor systems in Japan. Applications […]
PALM BEACH, Fla., Jan. 14, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global carbon fiber market has been growing substantially in recent years and is poised to continue in the years to come. The carbon fiber market is driven by the material's advantageous properties and strong demand across diverse sectors. One significant driver is the growing need for lightweight and high-strength materials in the automotive and aerospace industries. Carbon fiber is renowned for its high strength-to-weight ratio, which makes it ideal for manufacturing lighter vehicles and aircraft. This results in increased fuel efficiency and reduced emissions, aligning with global efforts to meet sustainability goals and reduce environmental impact. In aerospace, the use of carbon fiber components contributes to reduced fuel consumption and enhanced aircraft performance, making it highly valued for modern aircraft and spacecraft design. A report from Grand View Research said that the global carbon fiber market size was estimated at USD $5.75 billion in 2024 and is projected to grow at a CAGR of 10.9% from 2025 to 2030. It continued: “This growth can be attributed to the rising use of carbon fiber in wind energy applications, driven by the global shift toward renewable energy. As countries aim to reduce their dependence on fossil fuels, the demand for wind turbines is increasing, and carbon fiber's strength and durability make it ideal for turbine blades. Carbon fiber allows for longer and more efficient blades that capture more wind energy, thus improving the efficiency of wind farms.” Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), NuScale Power Corporation NYSE: SMRNYSESMR)(NASDAQ: NNENASDAQNNE, Oklo Inc. (NYSE: OKLONYSE), NVIDIA Corporation (NASDAQ: NVDANVDA).
KULR Technology Group, Inc. (AMEX:KULR) shares are trading higher Monday after the company announced it purchased millions of dollars worth of Bitcoin (CRYPTO: BTC).
Many stocks held a higher bottom relative to last month; but rallies in big-caps are tentative at best - as of course are overpriced big-caps vs. the small-cap tech tickers.
