KULR Secures Expanded U.S. Army Battery Contract To $2.4M, Accelerating Production Of KULR ONE Guardian Battery For 2025; Contract Includes Prototype Development And Environmental Testing
Portfolio Pulse from Benzinga Newsdesk
KULR Technology Group has secured an expanded contract with the U.S. Army, increasing the value to $2.4 million. This contract involves the production of the KULR ONE Guardian Battery, with prototype development and environmental testing, aiming for completion by 2025.
September 25, 2024 | 12:31 pm
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KULR Technology Group has expanded its contract with the U.S. Army to $2.4 million, focusing on the KULR ONE Guardian Battery. This includes prototype development and environmental testing, with a target completion in 2025.
The expanded contract with the U.S. Army signifies increased revenue and potential growth for KULR. The focus on prototype development and testing indicates a commitment to innovation and reliability, which is likely to positively impact investor sentiment and the stock price in the short term.
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