Category: Announcements

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Announcements

KULR TECHNOLOGY RECEIVES AUTHORIZATION FOR EXPANDED BATTERY COVERAGE TO ITS EXISTING DEPARTMENT OF TRANSPORTATION SPECIAL PERMIT

The authorized modification ensures the Company’s KULR-Tech Safe Case addresses batteries of any condition: new, used, recycled, refurbished, reused, prototyped or DDR (damaged, defective, or recalled). The special permit provides exceptions from shipping papers and employee training when shipping lithium batteries up to 2.1 kilowatt-hours (“kWh”). The permit also authorizes the exceptions based on using KULR’s specially designed thermally protective packaging which incorporates the Company’s patented thermal runaway shield (“TRS”) technology.

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Announcements

KULR TECHNOLOGY GROUP ANNOUNCES SECOND QUARTER 2021 FINANCIAL RESULTS AND PROVIDES SHAREHOLDER UPDATE LETTER

KULR’s Q2 revenue increased by over 200% year-over-year as the Company continued to make significant investments in all areas of its business to sustain and expand in 2021 and beyond. The Company raised $6.5 million in equity capital on May 20, 2021, which strengthened the balance sheet and helped facilitate KULR’s uplisting to the NYSE-American exchange on June 07, 2021.

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