KULR: Experts in High-End Lithium Batteries for all Commercial and Government Uses, Including Space

Zacks Small Cap Research09-26

By Lisa Thompson NYSE:KULR READ THE FULL KULR RESEARCH REPORT KULR Technology (NYSE:KULR) is an expert in leading-edge lithium battery technology. It provides engineering design and testing services ...

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It provides engineering design and testing services ...</p>\n\n<a href=\"https://finance.yahoo.com/news/kulr-experts-high-end-lithium-090900520.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>KULR: Experts in High-End Lithium Batteries for all Commercial and Government Uses, Including Space</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKULR: Experts in High-End Lithium Batteries for all Commercial and Government Uses, Including Space\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-26 17:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/kulr-experts-high-end-lithium-090900520.html><strong>Zacks Small Cap Research</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Lisa Thompson\n NYSE:KULR\nREAD THE FULL KULR RESEARCH REPORT\nKULR Technology (NYSE:KULR) is an expert in leading-edge lithium battery technology. It provides engineering design and testing services ...</p>\n\n<a href=\"https://finance.yahoo.com/news/kulr-experts-high-end-lithium-090900520.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KULR","symbol_name":"KULR Technology Group, Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/kulr-experts-high-end-lithium-090900520.html","article_id":"2470376277","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470376277","pubTimestamp":1727341740,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"KULR Technology  is an expert in leading-edge lithium battery technology. It provides engineering design and testing services to major defense, EV, space, and commercial users of these batteries. It sells both off-the-shelf and custom batteries as well as innovative battery transportation containers approved by the United States Department of Transportation and United Parcel Services. It serves the high-end market with battery prices ranging from $300 to $1 million.o KULR ONE Space provides custom batteries for use in space and is the only commercial company with NASA JSC-20793 certification for human spaceflight applications which is needed to participate in the Artemis programs. Soon they will add off-the-shelf batteries that are JSC-20793 compliant at a much lower price point and can also compete with standard space batteries for unmanned flights. The company has landed its first Artemis customer and is talking to several others.KULR grew revenues by 146% in 2023, but growth stalled","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"KULR":"KULR Technology Group, Inc.","BK4096":"电气部件与设备"},"translate_title":"KULR：适用于所有商业和政府用途（包括太空）的高端锂电池专家","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KULR":1},"content_text":"By Lisa Thompson\n NYSE:KULR\nREAD THE FULL KULR RESEARCH REPORT\nKULR Technology (NYSE:KULR) is an expert in leading-edge lithium battery technology. It provides engineering design and testing services to major defense, EV, space, and commercial users of these batteries. It sells both off-the-shelf and custom batteries as well as innovative battery transportation containers approved by the United States Department of Transportation and United Parcel Services. It serves the high-end market with battery prices ranging from $300 to $1 million. \nIt has three specific major growth drivers: \no KULR ONE Space provides custom batteries for use in space and is the only commercial company with NASA JSC-20793 certification for human spaceflight applications which is needed to participate in the Artemis programs. Soon they will add off-the-shelf batteries that are JSC-20793 compliant at a much lower price point and can also compete with standard space batteries for unmanned flights. The company has landed its first Artemis customer and is talking to several others. \no A KULR ONE Guardian contract with the US ARMY for auxiliary silicon anode lithium-ion batteries for aviation use. The company just sent prototypes this month and if accepted KULR expects product orders later this year. These batteries will be retrofitted to current fleets and the product could eventually be sold to other military branches and be used on all their vehicles, aircraft, and some portable equipment. \no KULR VIBE technology is being applied to fans. This is KULR’s patent-protected zero-vibration balancing technology that was designed for, and being used on, helicopters. Fans provide a huge potential market and diversify potential revenues to commercial customers who should be quicker to adopt the technology. The company can take any fan and balance it to result in zero vibration. Fans with zero vibration consume less power usage, can run at higher speeds, last longer life, and produce less noise. The company believes this is a billion-unit market opportunity and can be used in many products including laptops, servers, air conditioners, refrigerators, and cars. It is initially targeting the server fan market where low power usage and higher cooling effect are high priorities due to the high-power usage of AI applications. \nIt has a robust pipeline of space, defense, and automotive customers working on their next generation of devices. Its engineering services revenues derived from designing and testing new custom products should translate into higher revenue-generating product sales. \nThe company just consolidated most of its operations into a brand-new facility in Texas, close to NASA and many of its other customers. This space, with enhanced testing, better demonstration capabilities, and production facilities should enable the company to be even more successful in winning new business.\nKULR grew revenues by 146% in 2023, but growth stalled in 2024 as its largest 2023 customer, who contributed 51% of revenues that year, has delayed new orders. Therefore, the company has had to more than double revenues from other customers just to reach flat sales. In 2025, we expect rapid growth to resume. Taking out revenues from this customer in 2023, revenues grew 154% in the first half of 2024. We expect the company to resume revenue growth in Q4 2024 and possibly double revenues in 2025.\nBased on the valuation of comparable companies, we believe it deserves an EV to Sales multiple of approximately 7.9 times sales resulting in a $0.62 stock price. At 2025 estimated sales of $15 million, it currently trades at an EV to 2025 estimated sales ratio of 3.6 times. \nSUBSCRIBE TO ZACKS SMALL CAP RESEARCH to receive our articles and reports emailed directly to you each morning. Please visit our website for additional information on Zacks SCR. \nDISCLOSURE: Zacks SCR has received compensation from the issuer directly, from an investment manager, or from an investor relations consulting firm, engaged by the issuer, for providing research coverage for a period of no less than one year. Research articles, as seen here, are part of the service Zacks SCR provides and Zacks SCR receives quarterly payments totaling a maximum fee of up to $40,000 annually for these services provided to or regarding the issuer. Full Disclaimer HERE.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2470376277"}