KULR Technology Group Inc (KULR)

[supernova23]

Yes BlazingStocks. The Company seems to have focused it's mass market commercialization strategy on energy storage (stationary utility/residential level energy storage), EV, and battery recycling/transport markets. To me this makes sense, especially in the energy storage and battery recycling arenas. The Company looks to provide "lightweight, high performance and cost effective" passive propagation resistant (PPR) design solutions for these markets stating "there are very few solutions out there that are space proven, have the kind of performance and effectiveness of our suite of tools".

If KULR delivers superior products (PPR resistant battery enclosure/"container" technology) at competitive cost points, I believe there's considerable potential for the Company to garner market share in the stationary energy storage and battery recycling markets.

Battery Recycling Market Size and Growth Projection: https://www.grandviewresearch.com/press-release/global-battery-recycling-market

Stationary Energy Storage Market Size and Growth Projection: https://www.gminsights.com/industry-analysis/stationary-battery-storage-market

In my opinion, we need to see progress soon and look forward to hearing what KULR reports in the way of customer engagements (conversion of product development engagements into recurring volume customers) in 2021.


**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As moderator of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and you should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.