Gehlot
04-28

$KULR Technology Group, Inc.(KULR)$ 

KULR Enters Space Battery Market with AstroForge Partnership:

KULR Technology Group ($KULR) has announced a new partnership with space exploration company AstroForge (as of April 22, 2025). Together, they will develop a specialized 500 Wh version of KULR's KULR ONE Space battery to meet the increasing demand for energy solutions in the space industry.

This collaboration strengthens KULR's position in providing high-performance, scalable, and safe energy storage for space applications. While analysts at TipRanks currently rate KULR as Neutral, they acknowledge the company's strong revenue growth and successful strategic partnerships that are expanding their technological reach. 

However, they also point out ongoing risks related to profitability, cash flow, and the challenges of technical execution, even with recent positive earnings reports. 

Overall, KULR's move into the growing space market is a significant step, but investors should remain mindful of the company's financial stability.

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KULR and Worksport Forge Strategic Partnership to Advance Battery Technology and U.S. Manufacturing
KULR Technology Group, Inc. and Worksport Ltd. have announced a strategic partnership focused on advancing battery technology and strengthening domestic manufacturing. The collaboration includes joint battery pack development, thermal runaway protection, and AI-integrated battery management system software design. The partnership aims to optimize power distribution, extend battery lifespan, and reinforce safety measures. This collaboration aligns with the growing market preferences for American-made energy solutions and positions both companies for long-term scalability and expansion. The partnership is expected to open new revenue streams and establish a significant presence in the portable energy storage sector.
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