Defense/Aerospace Stock KULR Technology Group, Inc.
(NYSE American: $KULR) Rally Continues on Space Battery News and NYSE
Compliance; @KULRTech
Investorideas.com (www.investorideas.com) a leader in retail investor trading ideas for defense and renewable
energy stocks issues a trading alert for KULR Technology Group, Inc. (NYSE American: KULR) , a provider of
advanced thermal management solutions.
The stock is trading at $2.7197,up 0.4797,
gaining 21.4152% on volume of over 38 Million shares as of this report. The
stock has a day’s high of $2.79 and a week’s high of over $3.00.
The stock has had a run from just over
0.30 this year to over $3.00.
KULR recently announced that it has
regained compliance with all continued listing standards set forth in Part 10
of the NYSE American Company Guide.
This followed news that it plans to launch
the KULR ONE Space (K1S) battery via launch integrator Exolaunch on a SpaceX
rideshare mission scheduled for 2026. This mission represents a pivotal
milestone in KULR's ongoing commitment to developing safer and
higher-performing battery systems tailored for space applications for a space
battery market that is expected to grow from $3.9B to $6.35B by 2030 per Virtue
Market Research.
Paid news
dissemination for KULR
Read this news,
featuring KULR in full at https://www.investorideas.com/news/2024/defense/12201KULR-Technology-Group.asp
This pathfinder mission will integrate
multiple configurations of the KULR ONE Space (K1S) battery into a 6U SmallSat.
A 6U SmallSat is a lightweight satellite with a standardized structure
measuring approximately 10 cm x 20 cm x 30 cm, built using durable materials
like aluminum or carbon-fiber composites to endure the extreme conditions of
space. The K1S battery configurations have been carefully selected to
demonstrate cell and pack performance, as well as electronic functionality in
orbital environments. This mission will also validate the flight capabilities
of the K1S, the first commercial-off-the-shelf (COTS) lithium-ion battery
series engineered to fully comply with NASA’s JSC 20793 battery safety
standard.
Recent news
https://finance.yahoo.com/news/kulr-regains-compliance-nyse-american-133000692.html
https://finance.yahoo.com/news/kulr-signs-agreement-launch-kulr-131500607.html
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