$KULR “Lion Stock Alerts” Promoter Rank: 21/24 KULR Technology Group, Inc. Newsletter 6:56:58 AM March 23, 2022

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KULR Promotional Newsletter

The following is a newsletter released by "Lion Stock Alerts" promoting KULR Technology Group, Inc.

Caution

The following newsletter has not been verified for accuracy or completeness.

This is an update of our newest alert, KULR.

We are continuing to monitor this opportunity, which has an exciting and unique solution in a rapidly growing industry.

As we mentioned previously, recently the company announced several potentially important developments.

As a reminder, on Thursday, the company announced

KULR Technology Group Inc. Reports Fourth Quarter and Full Year 2021 Financial Results

Here are just a few of the companys most recent accomplishments from its Fourth Quarter 2021 and Recent Operational Highlights

KULR appointed former NASA Johnson Space Center senior leader, Dr. William Walker, as its new Director of Engineering. Dr. Walker will work with the Companys engineering team on its next generation high-performance computing HPC and hypersonic vehicle thermal management initiatives.
KULR released a passive propagation resistant PPR solution in its KULR-Tech Safe Case product family for maritime lithium-ion battery safety. The PPR solution meets the upcoming United States Coast Guards new safety requirements for the passenger vessel industry, and provides additional battery safety options for the cargo, fishing, and cruise verticals. The Companys solution prevents cell to cell thermal runaway propagation and prevents heat, fire, and explosion from exiting the KULR-Tech Safe Case enclosure.
KULR received a three-year multi-million-dollar deployment order for its PPR solution suite from Volta Energy Products Volta, a subsidiary of Viridi Parente, Inc. Viridi. The PPR solution, which includes the patented thermal runaway shield TRS product, will be used for Voltas stationary and mobile lithium-ion battery power systems. The initial deployment order totals approximately $1.6 million for immediate delivery with higher volume shipments expected throughout 2022.

Furthermore

KULR acquired the patented intellectual property IP rights from Centropy AB Centropy. The acquisition brings advanced carbon fiber based heatsink technology for HPC applications that strengthen KULRs portfolio of thermal management solutions for cloud computing, AI, and crypto mining applications. Centropys cooling solutions will be integrated into KULRs existing technology portfolio targeting air and liquid-cooling of HPC applications such as crypto mining, cloud computing, and ARVR simulations.
KULR received an initial order totaling approximately $500,000 for its PPR battery systems from the Lockheed Martin Corporation LMT. This initial order was for immediate delivery and is the starting point in the partnership as LMT leverages KULRs technological advancements in PPR energy products for its Advanced Energy Systems.
KULR joined Clarios in the U.S. Department of Energys DoE lithium-ion battery lifecycle initiative to develop the manufacturing and reuse of lithium-ion batteries and their chemical elements in the United States for the purpose of domestic national interest.
KULR expanded its services with Heritage Battery Recycling HBR as a result of HBRs merger with Retriev Technologies, creating the largest lithium-ion battery recycler in North America. In addition to the existing e-bike and scooter customer programs, KULR will also provide safe transportation logistics to Retrievs battery collection operations in North America.

In addition, here are some of the companys Full-Year 2021 Financial Highlights

Increased revenue by 287% compared to Full-Year 2020, mainly reflecting expansion in the commercialization roadmap
Increased shareholder equity to $16.4 million in the year ended December 31, 2021, from $6.1 million in the year ended December 31, 2020

KULR opened Tuesday at 2.40 and rallied to a high of 2.43, before closing the day at 2.38.

We are continuing to monitor this opportunity.

Sources , , , , , , , , , , , , , , ,

Happy Trading

LionStockAlerts

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