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Shorts will start covering, seeing writing on the wall, company is growing, and good management. imo.
KULR SAN DIEGO, May 22, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), global leader in safe and high-performance energy storage solutions, is pleased to announce it has been awarded an engineering contract with Bombardier Recreational Products (“BRP”) (NASDAQ: DOOO) for the Company’s Fractional Thermal Runaway Calorimetry (FTRC) testing services. This milestone underscores KULR's expanding influence and commitment to advancing battery safety in the rapidly growing electric recreational products sector. With an already established presence in space and military safe battery designs, KULR looks to continue discussions and market expansion with potential customers from major electric aviation, electric maritime, EV, and recreational off-road vehicle manufacturers.
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 vehicles to provide protection from loss of life from fire and explosion. "Securing this contract with BRP is a testament to the critical role that FTRC plays in ensuring the safety and reliability of next-generation consumer facing e-mobility products," said Michael Mo, Chief Executive Officer of KULR. "FTRC analysis is quickly becoming the de facto method to characterize cell-level thermal runaway, and we are actively working to expand our throughput for this testing in the coming months."
KULR's exclusive worldwide license for NASA’s large format FTRC positions the company as the industry standard for battery testing and design services. Serving top automakers, space exploration companies, and electric truck manufacturers, KULR’s FTRC technology offers comprehensive thermal runaway characterization for various cell types. This crucial technology enhances battery safety across industries, providing detailed insights into thermal runaway behavior and aiding in regulatory compliance. As the global battery testing market is projected to reach USD 16.5 billion by 2030, KULR’s FTRC capabilities ensure safe, high-capacity batteries for a sustainable future.
About KULR Technology Group Inc.
KULR Technology Group Inc. (NYSE American: KULR) is a leading energy management platform company offering proven solutions that play a critical role in accelerating the electrification of the circular economy. Leveraging a foundation in developing, manufacturing, and licensing next-generation carbon fiber thermal management technologies for batteries and electronic systems, KULR has evolved its holistic suite of products and services to enable its customers across disciplines to operate with efficiency and sustainability in mind. For more information, please visit www.kulrtechnology.com.
Thanks
The float is 133.09 M You have a good weekend!
Last post I said q should of said month
I checked the statistics and this last q it sated 11,000,000 short and the previous q 3.4M. It seems to me more jumped on board. I don’t lie, I hate liars also. Have a nice day.
Shorts have a lot of shares to buy back, sooner or later
Don’t let the shorts scare you off.
Yes, I agree, it’s on its way up and when it hits a dollar you’ll have another type of investor coming on, and when it hits 5.00 then another. When more and more investors find out about the company and how their doing then up they go. IMO.
KULR moving up
Moving nicely
You welcome
Bid size 1100 .4878 Ask size 1700 .4879
KULR is moving news
Cheap shares are starting to disappear
Added, 10,000
I agree
kulr I believe hit bottom
caud moving up
kulr I believe hit bottom
I got some
CNXA .254
NRXP starting to move
NRXP .4677
.2581 CNXA
In wulf
MVLA .3701
SMFL
1.00
Thanks
Xfor looks like a turn around.
Bought more
I’m back in!
I agree with you. Have a great day!
I bought more,I'm loaded
https://finance.yahoo.com/news/dermata-therapeutics-announces-closing-1-200000286.html
A good read, Price should be much higher. In my opinion. Give it a little time.
You hold and wait, you'll mise a good portion of the profit. imo.
I think this one is a sleeper, When it wakes up this will be a good place to be. phase 3 begins, volume and price should pick up. IMO.
This should be bottom. IMO.