Why Are KULR Technology Shares Trading Higher Today
Portfolio Pulse from Vandana Singh
KULR Technology Group Inc (NASDAQ:KULR) shares are trading higher after the company announced a development contract from a US Armed Forces branch to develop battery packs for uninterruptible power supplies to mobile command centers. The deal terms were not disclosed.
May 22, 2023 | 6:14 pm
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KULR Technology shares are up after the company secured a development contract from a US Armed Forces branch for battery packs in mobile command centers.
KULR Technology shares are trading higher due to the announcement of a development contract from a US Armed Forces branch. This contract is expected to boost the company's revenue and reputation, leading to a positive short-term impact on the stock price.
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