KULR Technology Group Inc (KULR)

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$KULR News ! The Big Trade: Battery Stocks Set for Dominance in Electric Age? (KULR, $ALB, $QS, $RMO) Jun 24, 2021 (EDM MEDIA via COMTEX) -- The electric vehicle trend is clear. But it highlights a more general issue: energy storage. We are headed for a world of smart-everything materials, which means cloud-this-and-that, portable digital reality, carbon-neutral barriers to investment, and a constant need to be connected, mobile, and cloud-driven.

The entire equation rests on a foundation of batteries. The one thing all of it has in common is a reliance on power divorced from cords and crude oil.

That means, ultimately, that power is generated from some sustainable collection method - sunlight, wind, water, hydrogen, fission, or some other similarly carbon-neutral or carbon-negative process. That power then needs to be stored in some kind of chamber that is portable (a battery). And then that power needs to be of a form such that it can be efficiently accessed and used to drive our activities without much deterioration in potency.

No cords. No crude. No coal. No harmful waste.

According to a report by the U.S. Department of Energy, analysts believe the mobility storage demands in 2030 will reach 0.8 to 3.0 TWh, driven by light EVs. That suggests innovators in the battery space represent one of the most promising and exciting investment opportunities going, which points to stocks such as KULR Technology Group Inc (NYSEAMERICAN:KULR), Albemarle Corporation (NYSE:ALB), Quantumscape Corp (NYSE:QS), and Romeo Power Inc (NYSE:RMO).

KULR Technology Group Inc (NYSEAMERICAN:KULR) develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems. One might see it as something like a hedge for L-Ion battery technology by removing downside risk for EV manufacturers through beneficially shifting the probability of negative battery events. That makes it a very interesting player in the space because it has a universally viable niche with almost no real competition.

The company offers lithium-ion battery thermal runaway shields; fiber thermal interface materials; phase change material heatsinks; HYDRA TRS battery storage bags; internal short circuit device; and CRUX cathodes. Its technologies are used in electric vehicles and autonomous driving systems, artificial intelligence and cloud computing, and energy storage and 5G communication technologies. It developed some of its technology solutions as part of its partnership with NASA.

KULR Technology Group Inc (NYSEAMERICAN:KULR) most recently announced the agenda and registration information for the Company's Inaugural 2021 KULR Battery Solutions Day. The virtual event will be held on Tuesday, September 21, 2021, from 1 p.m. to 2:30 p.m. EDT.

According to the company's release, this event is designed to provide a more complete picture of the Company's technology, as well as addressable market opportunities, to both shareholders and customers. KULR plans to announce and exhibit customer demonstrations at the event, in addition to highlighting its suite of products. Over the summer, the Company expects its customers will make their own public announcements of KULR's products ranging from Energy Storage Solutions to Drone Battery Packs to Battery Recycling. Hence Battery Solutions Day provides the ideal platform to demonstrate the Company's products along with showcasing its new developments in battery intelligence software and analytics, and new battery design architecture, to the general public. At the end of the Company's presentation, through an interactive Q&A, participants can engage with a panel of KULR Technology Group executives.

"As product launch announcements continue for the rest of 2021, early Fall will be a great time to geek out with our shareholders on the technology part of our business," said KULR CEO Michael Mo. "KULR's Battery Solutions Day can be a great platform for us to really connect with our core base of shareholders and customers who are enthusiastic about our technologies."

KULR Technology Group Inc (NYSEAMERICAN:KULR) shares have been moving higher over recent weeks as investors start to discover the name. The stock was recently upgraded to the NYSE marketplace and was awarded a key patent. It has top tech developed in partnership with NASA. It is a stock to watch now that investors above the OTC level finally have a chance to appraise it. https://www.marketwatch.com/press-release/the-big-trade-battery-stocks-set-for-dominance-in-electric-age-kulr-alb-qs-rmo-2021-06-24?mod=mw_quote_news_seemore