georgie18
1 week ago
KULR...$2.16...🥳... Bollie Squeeze setting up here...Looking for 50 MA Bounce...https://schrts.co/nNEsFtvc
georgie18
Member Level
Re: georgie18 post# 671953
Wednesday, January 22, 2025 12:45:25 PM
Post#
671979
of 672893
KULR...$2.66s clearing here...🥳...Hit $2.72...HOD...on todays news...
georgie18
Member Level
Re: georgie18 post# 388663
Wednesday, January 22, 2025 11:00:25 AM
Post#
388867
of 388885
KULR...$2.61...🥳...KULR-Technology-and-Scripps-Research-Collaborate-on-Novel-Pyrolytic-Carbon-Electrode-Technology.html" rel="nofollow noopener noreferrer ugc" target="_blank">https://www.globenewswire.com/news-release/2025/01/22/3013500/0/en/KULR-Technology-and-Scripps-Research-Collaborate-on-Novel-Pyrolytic-Carbon-Electrode-Technology.html
georgie18
Member Level
Re: georgie18 post# 671344
Thursday, January 16, 2025 10:39:04 AM
Post#
671523
of 671953
KULR...$2.60...🥳...Off my $1.80 Range dip alert...Break/Hold $2.99 and she runs if not we consolidate in the $2.70 range...imo...we shall see...
georgie18
Member Level
Re: georgie18 post# 388479
Wednesday, January 15, 2025 9:05:10 AM
Post#
388552
of 388662
KULR...$2.54...🥳...Off the $1.80 range dip alert...
georgie18
Member Level
Re: georgie18 post# 671204
Tuesday, January 14, 2025 7:45:36 AM
Post#
671254
of 671342
KULR...$2.32...🥳Off the $1.80 range dip...
georgie18
Member Level
Re: georgie18 post# 388426
Monday, January 13, 2025 1:54:01 PM
Post#
388444
of 388478
KULR...$2.12... https://schrts.co/PtdxKSew ...🥳...Bullish 3 Gap Downs Reversal Pattern setting up here...still bidding lower...
georgie18
Member Level
Re: georgie18 post# 671147
Monday, January 13, 2025 9:59:42 AM
Post#
671163
of 671204
KULR...$1.81...🥳...Hit both my dip alert targets ...$1.88/$2.25...sitting at $1.50 if it gets that low...
georgie18
Member Level
Re: georgie18 post# 388299
Monday, January 13, 2025 8:47:13 AM
Post#
388413
of 388424
KULR...$2.18...🥳...Hit my first Dip Target...Scaling in here...Bids in at $1.88 range and $1.50 Range...
georgie18
Member Level
Re: georgie18 post# 670099
Wednesday, January 08, 2025 2:43:42 PM
Post#
670885
of 671146
KULR...$2.77...🥳...Doesn't hold the 20ma at $2.71 then $1.50 range a real possibility...Been sitting at $1.88/$2.25...adding $1.40 range bids as well...
Member Level
Re: georgie18 post# 387803
Thursday, January 02, 2025 2:00:26 PM
Post#
387889
of 388298
KULR...$2.90...🥳on the Overbought Retrace....looking for much lower for entry...
georgie18
Member Level
Re: georgie18 post# 668874
Tuesday, December 31, 2024 1:54:40 PM
Post#
669890
of 670098
KULR...$3.25...🥳...Bidding $1.88/$2.25 Range...Alerted at $1.35 and was all out at $4.35...
georgie18
Member Level
Re: georgie18 post# 387471
Thursday, December 26, 2024 9:56:12 AM
Post#
387484
of 387802
KULR...$4.35...🥳...All out here from my $1.35 alert...will revisit...
georgie18
Member Level
Re: georgie18 post# 668778
Thursday, December 26, 2024 8:12:08 AM
Post#
668844
of 668873
KULR...$3.55...🥳...Getting close to 300% gain off my $1.35 Alert...
georgie18
Member Level
Re: georgie18 post# 387347
Tuesday, December 24, 2024 1:44:22 PM
Post#
387447
of 387470
KULR...$3.21...🥳...Off my $1.35...Alert...
georgie18
Member Level
Re: georgie18 post# 668459
Friday, December 20, 2024 3:57:33 PM
Post#
668505
of 668777
KULR....$2.90s clearing here...🥳
KULR...$2.70...🥳Looking for the Break/Hold of previous high @ $3.068...
georgie18
Member Level
Re: georgie18 post# 668334
Thursday, December 19, 2024 6:40:02 PM
Post#
668402
of 668457
KULR...$2.48...🥳...Off the $2 range dip...
georgie18
Member Level
Re: georgie18 post# 387236
Thursday, December 19, 2024 12:17:26 PM
Post#
387260
of 387275
KULR...added $2.15 range...Bidding $1.80 to $1.95 range...🥳
georgie18
Member Level
Re: georgie18 post# 668282
Thursday, December 19, 2024 10:56:23 AM
Post#
668317
of 668333
KULR...$2.47...Added the dip...🥳
georgie18
Member Level
Re: georgie18 post# 387211
Thursday, December 19, 2024 9:02:34 AM
Post#
387226
of 387235
KULR...$3.10...🥳...Off my $1.35...Alert...Took 1/2 off the table...on the $3.50 move...
georgie18
Member Level
Re: georgie18 post# 668170
Thursday, December 19, 2024 5:09:18 AM
Post#
668260
of 668281
KULR...$2.67...🥳Off my $1.35 Alert...
georgie18
Member Level
Re: georgie18 post# 387167
Wednesday, December 18, 2024 4:11:03 PM
Post#
387200
of 387210
KULR...$2.30...as the market dips -1100...Market didn't like whet the Fed had to say...🥳
georgie18
Member Level
Re: georgie18 post# 8824
Wednesday, December 18, 2024 1:17:27 PM
Post#
8839
of 8852
KULR...$2.50 s clearing here...🥳Off my $1.35 Alert...
georgie18
Member Level
Re: georgie18 post# 668122
Wednesday, December 18, 2024 11:10:20 AM
Post#
668131
of 668169
KULR...Big Blocks taking out $2.15s here...🥳
georgie18
Member Level
Re: georgie18 post# 668103
Wednesday, December 18, 2024 10:56:39 AM
Post#
668122
of 668130
KULR...$2.03...🥳...Off my $1.35 Alert...ANYBODY PAYING ATTENTION...
georgie18
Member Level
Re: georgie18 post# 8800
Wednesday, December 18, 2024 10:06:48 AM
Post#
8804
of 8818
KULR...$1.88s clearing here...🥳...
georgie18
Member Level
Re: georgie18 post# 668092
Wednesday, December 18, 2024 9:57:40 AM
Post#
668098
of 668102
KULR...$1.78...🥳on the breakout...
georgie18
Member Level
Re: georgie18 post# 8797
Wednesday, December 18, 2024 9:42:14 AM
Post#
8799
of 8799
KULR...$1.64...Gonna Breakout here...🥳
georgie18
Member Level
Re: georgie18 post# 667923
Wednesday, December 18, 2024 9:37:13 AM
Post#
668089
of 668091
KULR...$1.58s clearing here...🥳off my $1.35 Alert...
georgie18
Member Level
Re: georgie18 post# 8763
Tuesday, December 17, 2024 8:20:35 AM
Post#
8776
of 8796
KULR...$1.51...🥳...Off my $1.35 Alert...HOUSTON, Dec. 17, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leader in advanced energy management platforms, proudly announces its 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.
georgie18
Member Level
Re: None
Monday, December 16, 2024 2:42:50 PM
Post#
667892
of 667923
KULR...$1.35...🥳...Buying Space sector...
4retire
2 weeks ago
Technology Group Inc. (KULR): Powering the Future of Sustainable Energy Management
Published on November 30, 2024 | Ticker: KULR
Business Overview and History
KULR Technology Group Inc. (KULR) is a global leader in advanced thermal management solutions, catering to a diverse range of industries, from aerospace and defense to electric vehicles and renewable energy. With a strong focus on safety, efficiency, and performance, KULR has established itself as a trusted partner for some of the world’s most demanding applications.
KULR Technology Group, Inc. was founded in 2013 with a focus on developing and commercializing high-performance thermal management technologies for electronics, batteries, and other components across a range of applications. The company initially targeted the aerospace and Department of Defense (DOD) markets, leveraging its expertise in thermal energy management solutions for space and military applications.
One of KULR’s early milestones was the development of a phase-change material heat sink designed to manage extreme thermal loads generated during mission-critical maneuvers for missile programs. This product helped establish KULR as a trusted provider of critical components for defense applications with multi-decade production runs.
Over the years, KULR has expanded its technology platform to address growing demands in the energy storage market. The company developed its Internal Short Circuit (ISC) battery cells and thermal runaway shield technology to enhance the safety of lithium-ion batteries. These innovations have been adopted by customers in the aerospace, electric vehicle, and consumer electronics industries.
Challenges for KULR have included navigating the complex regulatory environment for battery transportation and storage, as well as managing supply chain disruptions that impacted the availability of key materials. The company has worked closely with customers, partners, and industry groups to develop solutions that meet evolving safety standards and mitigate operational risks.
Despite these challenges, KULR has steadily grown its customer base and diversified its revenue streams. The company now offers a range of thermal management products, engineering services, and testing capabilities to support customers throughout the entire battery life cycle, from design to end-of-life management. This holistic approach has positioned KULR as a key player in the transition towards more sustainable energy solutions.
Over the years, KULR has expanded its expertise beyond thermal management, venturing into energy storage systems, battery recycling, and vibration reduction technologies. The company’s holistic approach, embodied in its KULR ONE Design Solutions (K1-DS) platform, allows it to provide comprehensive services and products that address the entire life cycle of energy storage solutions, from design and testing to transportation and recycling.
Financial Overview
KULR’s financial performance has showcased consistent growth and diversification in recent years. In the fiscal year 2023, the company reported an annual revenue of $9.83 million, a significant increase from the $3.99 million generated in 2022. This revenue growth can be attributed to the company’s successful expansion into new markets and the increasing demand for its advanced energy management solutions.
The company’s gross profit margin has also shown promising improvement, rising from 40% in 2023 to 45% in the first nine months of 2024. This reflects KULR’s ability to deliver high-value products and services while maintaining a strong focus on operational efficiency.
However, KULR has experienced recurring net losses, with a net loss of $23.69 million in 2023 and $12.90 million in the first nine months of 2024. The company’s cash used in operating activities has also remained high, at $11.97 million in 2023 and $12.50 million in the first nine months of 2024. These factors have contributed to a working capital deficit of $1.16 million as of September 30, 2024.
To address these challenges, KULR has implemented cost-cutting measures, streamlining its operations and reducing research and development expenses by 40% year-over-year in the first nine months of 2024. The company has also been actively pursuing new revenue streams, such as its recent $2.35 million licensing agreement for its KULR Xero Vibe technology, which is expected to contribute to improved profitability going forward.
In the most recent quarter (Q3 2024), KULR reported revenue of $3.19 million, representing a 5% increase from $3.04 million in Q3 2023. However, the company still recorded a net loss of $2.00 million for the quarter. Operating cash flow remained negative at -$3.30 million, while free cash flow was -$3.35 million.
It’s worth noting that KULR’s product sales revenue decreased by 60% in Q3 2024 compared to the prior year period, totaling $765,200. This decline was attributed to several expected orders being pushed out to future quarters. For the first nine months of 2024, product sales revenue was $2.52 million, down 54% year-over-year. Despite this, the company increased its product sales customer base to 47 in the first nine months of 2024, up from 29 in the same period of 2023.
On a positive note, KULR achieved record revenue of approximately $3.19 million in Q3 2024, representing a 5% increase from the same period last year. The company’s total paying customers for Q3 2024 increased by 83% compared to the same period last year. Additionally, engineering service revenue increased by 22% in Q3 2024 compared to the same period last year, with engineering service revenue customers increasing by 143%. Product revenue customers also saw a 54% increase in Q3 2024 compared to the same period last year. Importantly, KULR was able to achieve this growth while reducing operating expenses by 38% year-over-year.
Liquidity
KULR’s liquidity position remains a concern, as evidenced by its working capital deficit and high cash burn rate. The company’s ability to secure additional financing and manage its cash flow will be crucial for its long-term sustainability and growth. KULR has been exploring various options to improve its liquidity, including equity offerings, debt financing, and strategic partnerships. The successful execution of these initiatives will be essential in providing the company with the necessary resources to fund its operations and pursue growth opportunities.
As of the latest financial reports, KULR’s debt-to-equity ratio stands at 0.34, with total debt of $352,190 and total equity of -$2.18 million. The company’s cash position is $912,420, with a current ratio of 0.81 and a quick ratio of 0.71. These figures underscore the need for KULR to improve its liquidity position to support its growth initiatives and ongoing operations.
Market Opportunities and Strategic Initiatives
KULR’s expertise in thermal management, energy storage, and vibration reduction solutions positions the company to capitalize on several high-growth market opportunities:
Electric Aviation: The global push for sustainable air mobility has created a significant opportunity for KULR’s KULR ONE Air platform, which addresses the unique thermal management and safety challenges of electric vertical take-off and landing (eVTOL) aircraft. The company’s partnerships with industry leaders like H55 and Amprius Technologies further solidify its position in this rapidly evolving market. KULR expects the KULR ONE Air platform to become an industry standard for electric aviation, particularly as the President-elect’s Advanced Air Mobility policy push accelerates the development and adoption of eVTOL and electric air mobility in the United States.
Data Center Cooling: KULR’s KULR Xero Vibe technology, which virtually eliminates vibrations in cooling fans, has the potential to revolutionize the energy efficiency of data centers. The company’s recent $2.35 million licensing deal with a leading Japanese corporation highlights the strong demand for this innovative solution. KULR expects their KULR Xero Vibe technology to be a game-changer in the data center and cryptomining server farm cooling market, as cooling fans are critical to running modern data centers. The company is exploring more licensing deals with different applications and geographic regions for their KULR Xero Vibe technology.
Battery Safety and Transportation: KULR is working to establish its KULR SafeX platform as the industry standard for safe battery storage and transportation. The company is collaborating with OEM customers, regulators, firefighters, and insurance companies to promote the adoption of this technology.
To capitalize on these opportunities, KULR has implemented a multipronged business model that combines product sales, engineering services, and intellectual property licensing. This approach allows the company to generate revenue streams from various touchpoints within the energy management ecosystem, while also maintaining a focus on developing cutting-edge technologies.
KULR’s business can be segmented into three main product domains:
Thermal Management Solutions: KULR’s thermal management technologies are a core part of its energy storage solutions and are also applied across a range of other applications. The company’s expertise spans areas like heat dissipation, thermal runaway propagation mitigation, and temperature monitoring.
Rotary System Vibration Reduction: Through the acquisition of Vibetech’s intellectual property, KULR expanded into the vibration reduction market. The KULR VIBE suite of technologies leverages AI-powered sensors and algorithms to detect and mitigate excessive vibrations in machinery across industries like aviation, renewable energy, manufacturing, and autonomous vehicles.
Risks and Challenges
While KULR’s growth prospects appear promising, the company faces several risks and challenges that investors should consider:
Regulatory Compliance: As KULR’s solutions are deployed in safety-critical applications, the company must navigate a complex regulatory landscape and adhere to strict industry standards, which could impact its operational costs and timelines.
Supply Chain Disruptions: Disruptions in the global supply chain, such as those caused by the COVID-19 pandemic or geopolitical tensions, could disrupt KULR’s ability to source raw materials and components, thereby affecting its production and delivery schedules.
Liquidity and Profitability: KULR’s recurring net losses and high cash burn rate have resulted in a working capital deficit, which could limit the company’s ability to invest in growth initiatives and weather unexpected challenges.
To mitigate these risks, KULR is actively diversifying its customer base, strengthening its supply chain resilience, and exploring alternative financing options to bolster its liquidity. The company’s focus on operational efficiency and the successful execution of its strategic initiatives will be crucial in driving long-term profitability and sustainable growth.
Industry Trends
KULR is positioned to benefit from several positive industry trends:
Lithium-ion Battery Recycling: The global lithium-ion battery recycling industry is projected to expand from $4.6 billion in 2021 to $22.8 billion by 2030, with a CAGR of 19.3%.
Private Space Exploration: The private space exploration market sector is anticipated to reach $111.8 billion by 2030, driven by increased commercial and government investments in space technologies.
Thermal Management Systems: The thermal management systems market size is expected to grow to $24.8 billion by 2025, fueled by the increasing demand for efficient cooling solutions in various industries.
Aircraft Maintenance: The aircraft maintenance market size is projected to reach $127.2 billion by 2032, up from $82.7 billion in 2023, presenting opportunities for KULR’s vibration reduction technologies in the aviation sector.
Conclusion
KULR Technology Group Inc. is a dynamic player in the rapidly evolving energy management landscape, offering cutting-edge solutions that cater to the growing demand for sustainable, safe, and efficient energy storage and thermal management systems. With a robust portfolio of products and services, strategic partnerships, and a diversified business model, KULR is well-positioned to capitalize on the significant opportunities presented by the space exploration, electric aviation, and data center cooling industries.
However, the company’s financial challenges and risks related to customer concentration, regulatory compliance, and supply chain disruptions must be carefully considered. KULR’s ability to navigate these obstacles and execute its strategic initiatives will be crucial in determining its long-term success. As the company continues to innovate and expand its reach, investors should closely monitor KULR’s progress and evaluate its potential as a compelling investment opportunity in the sustainable energy technology sector.
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