EXCLUSIVE: KULR Secures Additional Order From US Military For High-Energy Battery Packs
Portfolio Pulse from Vandana Singh
KULR Technology Group has secured a second K1DS contract within a month from a US Armed Forces branch to develop high-energy battery packs for mobile command centers. The deal terms were not disclosed. KULR CEO Michael Mo anticipates sizable revenue growth in Q1 2023 due to strong demand for KULR ONE battery packs.

May 22, 2023 | 12:33 pm
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KULR Technology Group has secured a second contract from the US military to develop high-energy battery packs, which is expected to contribute to significant revenue growth in Q1 2023.
KULR Technology has secured a second contract within a month from the US military to develop high-energy battery packs for mobile command centers. This indicates strong demand for their products and is expected to contribute to significant revenue growth in Q1 2023. As a result, the stock price is likely to go up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100