KULR Technology Group Inc (KULR)

[supernova23]

Key Takeaways from 3rd quarter results and recent CNN interview:

- Recent lumpy revenue growth attributed to lengthy product development cycle and dependent on stage of product development
- KULR has progressed product development work with Tier-1 partners, moved into beta testing phase with one or more partners, and anticipates securing volume customer relationships into 2020.
- NASA has recently benefited from KULR's battery storage technology utilizing it during recent launch to International Space Station.
- The Company aims to commercialize it's disruptive battery storage technology in a big way in consumer facing markets such as electric vehicles, consumer electronics, and shipping & logistics markets.
- KULR looks to implement a novel (for this industry) licensing model with it's battery storage solution and has been in discussions with it's potential customer(s) in this regard.
- Stay tuned as the Company anticipates significant announcement related to customer acquisition/licensing model in the near future