Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

KULR Technology Group Delivers Customized Battery Solution For U.S. Army, Enhancing Tactical Command Operations

Author: Benzinga Newsdesk | April 10, 2024 08:36am

KULR Technology Group, Inc. (NYSE:KULR) (the "Company" or "KULR"), an innovator in energy management systems, proudly announces the successful delivery of its custom-designed KULR ONE battery packs to the United States Army, a crucial step in bolstering the longevity and efficiency of Uninterruptible Power Supplies ("UPS") in tactical command settings.

 

Under a multi-year contract, KULR has achieved a significant milestone by tailoring its KULR ONE battery pack specifically for the Army's effort to modernize future command posts. This specialized pack combines high-performance 21700 power cells with state-of-the-art thermal management technology to enhance propagation resistance while minimizing size and weight. The customization has resulted in an impressive 80% improvement in UPS run times, providing a strategic edge in tactical command operations.

Michael Mo, CEO of KULR, expressed his pride in the project's success: "Delivering these customized battery packs to the United States Army represents a significant achievement for KULR. It underscores our commitment to developing specialized solutions that meet the exacting needs of our clients, particularly in critical, high-stakes environments. The KULR ONE pack exemplifies our dedication to innovation, safety, and performance in energy management."

The Army is appraising the custom KULR ONE battery packs for their next-generation command posts, aiming to significantly improve mobility and survivability. These assessments are critical to optimizing the use of these advanced energy solutions. KULR remains closely involved, supporting the Army's mission to enhance the efficiency and durability of its operational capabilities. This effort emphasizes KULR's significant impact on battery technology innovation, reinforcing its commitment to supplying specialized, high-caliber energy solutions for vital tactical needs.

Posted In: KULR

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist