$KULR “Ultimate Stock Alerts” Promoter Rank: 24/25 KULR Technology Group, Inc. Newsletter 7:33:44 AM March 22, 2022

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KULR Promotional Newsletter

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

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New Alert KULR Technology Group, Inc. NYSE American KULR

Battery safety is a global concern across many large and rapidly growing markets such as electric vehicles, battery storage, 5G infrastructure, drone delivery, and space exploration.

The market size for lithium-ion batteries is forecasted to exceed $116 billion by 2030 with a projected CAGR of 12.3% from 2021 to 2030, according to a recent 2021 report.

Growing adoption of electric vehicles along with declining prices of lithium-ion batteries coupled with government initiatives to promote sustainable energy utilization, will drive the lithium-ion battery market size.

KULR, our new alert, is one of the companies that could benefit significantly from the growth potential of the sector.

KULR is a leading developer of next-generation lithium-ion battery safety and thermal management technologies.

KULR is a recently up-listed NYSE company that develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems.

The companys goal is to provide total battery safety solutions that increase the efficiency of battery systems and improve sustainability, as well as provide end-of-life battery management, the packaging, storage, and transportation of lithium-ion batteries.

KULR, backed by a strong intellectual property portfolio, enables leading aerospace, electronics, energy storage, 5G infrastructure, and electric vehicle manufacturers to make their products cooler, lighter and safer for the consumer.

KULRs PPR energy products include the Thermal Runaway Shield TRS, the Internal Short Circuit ISC, its full suite of proprietary battery design and testing methodologies, as well as the battery cell screening and monitoring system KULR developed for its aerospace and U.S. Department of Defense DoD customers.

As the company further explains, The KULR-Tech Safe Case is one of the Companys recent product lines tailored for the commercial lithium-ion battery markets.

In addition, The KULR-Tech Safe Case, based upon successful space-designed solutions for NASA, has been used on the International Space Station for safely storing laptop lithium-ion batteries since 2019.

Furthermore

By way of its patented, NASA-proven Thermal Runaway Shield technology, KULR is the only company in the world with a product approved by the United States Department of Transportation for storage and transport of lithium-ion batteries that can manage up to a capacity of 2.1 kWh for recycled, prototype and DDR damaged, defective and recall batteries.

The KULR-Tech Safe Case is also designed to be reusable creating a greener and healthier environment for ourselves and for future generations.

KULR has announced multiple developments recently that highlight the companys many potentially significant accomplishments.

In November, the company announced

KULR Joins Clarios in U.S. Department of Energy's Lithium-Ion Battery Lifecycle Initiative

KULR Partners with Largest Global Producer of Lead Acid Batteries for DoE Initiative

In addition, the company also announced

KULR Receives Initial Passive Propagation Resistant Battery Safety Order from Lockheed Martin

Here are some of the companys comments from this press release

KULRs heritage is hardware thermal energy management components incorporating our patented carbon fiber architecture, stated KULR CEO Michael Mo. We are very pleased and honored to have Lockheed Martin Corporation as a partner advancing our integrated battery design, testing and management platform. As the industry leader serving DoD and aerospace customers, Lockheed Martin brings tremendous expertise and resources to help us perfect our solutions to serve the most mission critical applications in the world.

In December, the company announced

KULR Acquires IP Rights from Centropy AB

As the company further explained

Centropy's cooling solutions will be integrated into KULR's existing technology portfolio targeting air and liquid-cooling of HPC applications such as crypto mining, cloud computing, and ARVR simulations. Combining Centropy's proprietary process of utilizing carbon fibers in cooling technology for electronic components used in aerospace, automotive, data centers, and other high-performance applications with KULR's innovation, productization, and commercialization capabilities, provides a dependable tailwind for the Companys HPC technology development going forward.

Here are some of the comments from this press release

Jesper Eman, CEO of Centropy AB added We are very pleased and proud to work with KULR as we look to leverage our IP and take it to commercialization. We also realize it takes a lot of expertise and resources in productization, manufacturing and commercialization to take our technologies to mass markets. The partner to help us get there is KULR, which is the leader in carbon fiber thermal management technologies for the most advanced and demanding applications. Their products are trusted and used by NASA and other well-respected commercial and governmental partners. We look forward to the times ahead, as we strongly believe KULR is the ideal home for our technologies to realize their full potential.

The company also announced

KULR Receives Three-Year Multi-Million Dollar Battery Safety Deployment Order from Volta Energy Products

KULR Supplies Passive Propagation Resistant Solution to Viridi Parentes Volta Energy Products for KULRs First Commercial Deployment in Stationary and Mobile Battery Power Systems

In January, the company announced

KULR Announces Lithium-Ion Battery Safety Solutions for Maritime Passenger Industry

The company announced the release of a passive propagation resistant PPR solution in its KULR-Tech Safe Case product family for maritime lithium-ion battery safety.

The PPR solution is critical for the upcoming United States Coast Guard's 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

As the company further explains

The KULR-Tech Safe Case was developed using KULRs Thermal Runaway Shield TRS, its Internal Short Circuit ISC devices destructive testing and instrumentation, and extensive expertise in thermal management and safety design. KULRs Thermal Runaway Shield has been proven by various government testing authorities to stop or mitigate the impacts of dangerous lithium-ion battery failures known as thermal runaway.

Here are the companys comments from this press release

We are proud to provide our space-proven thermal solutions for the maritime passenger industry, with the aligned goal of helping provide a safer and greener environment for everyone, said Michael Mo, CEO of KULR. The KULR-Tech Safe Case solution may be the best possible defense against thermal runaway propagation. We are dedicated to promoting the interests and well-being of passenger vessel owners and operators, while promoting safety and a secure maritime operating environment for passengers, crews and the public at-large.

Here is an announcement from last month

Andretti Expands KULR Technology Relationship for the 106th Running of the Indianapolis 500 Presented by Gainbridge

As the announcement further explained, KULR has joined five-time Indy 500 championship winning team, Andretti Autosport, to serve as the primary sponsor of Marco Andrettis No. 98 Honda for the 106th Running of the Indianapolis 500 Presented by Gainbridge.

Furthermore

KULR Technology Group first joined Andretti Technologies ATEC, the advanced technology arm of Andretti Autosport, and sister team, Andretti United Extreme E, in 2021 as the official thermal management and battery safety technical partner. The goal of the ATEC partnership focuses on transferring aerospace knowledge onto the racetrack.

KULRs expertise with lightweight, high-performance thermal management solutions through space exploration provides the opportunity to implement new cooling technology, battery cell architecture and testing methodologies within the high performance and high-power applications across the motorsport landscapes.

Here are some of the companys comments from this press release

Weve worked with KULR through Andretti Technologies for over a year now, including last years Indy 500 with Marco, and we are thrilled to now welcome them as a primary sponsor to our INDYCAR program, said Andretti Autosport Chairman and CEO Michael Andretti. The development potential of KULRs technology is exciting given their expertise in high-performance thermal management solutions and understanding of battery safety. We look forward to this special event in May as Marco celebrates 250 career INDYCAR starts.

Two weeks ago, the company announced

KULR Technology Group Appoints Dr. William Walker as Director of Engineering

Former NASA Battery Thermal Engineer to Expand Thermal Management Capabilities in Companys High-Performance Computing and Hypersonic Vehicle Initiatives

Here are some of the comments from this press release

Dr. Walker added KULRs industry leading expertise in high-performance thermal management solutions and understanding of battery safety are two organizational and fundamental characteristics that quickly drew my attention. The development potential of the KULR technology portfolio is exciting and the potential impact across the industry is huge. The Company has delivered excellent results across their solutions and product lines while scaling safe battery system development in a sustainable way. I look forward to a mutually supportive partnership with VP of Engineering Michael Carpenter and his team.

Most recently, on Thursday, the company announced

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

Here are the highlights from this press release

Fourth Quarter 2021 Revenue and Full-Year 2021 Revenue Up 267% and 287% Year-Over-Year Respectively

Here are some of the companys comments from this press release

This past calendar year was a pivotal period in our corporate history as we achieved numerous milestones across the business, said KULR CEO Michael Mo. With the goal to maintain our growth trajectory, the entire team is laser focused on executing against key objectives in 2022. More specifically, we will continue to focus on the core growth sectors energy storage, e-mobility and safe transportation of lithium-ion batteries within the full battery management lifecycle, from manufacturing through recycling and reuse. As we look to further commercialize our product lines this year, legacy products and partnerships in the aerospace, defense, government, and regulatory sectors will remain an essential cornerstone of our business. We will invest further into operations as we prepare for continued growth this year and beyond.

KULR could be in a position to experience increased growth.

Make sure to do your own due diligence.

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