GreenBeans First YOLO: Why I'm Hot and Heavy for KULR, but their batteries aren't (hot and heavy) because that would be bad
With the advent of space stocks just looking to take off over the horizon, many traders have already found exciting movement in the likes of ASTS, RKLB and other exciting private ventures looking beyond the reach of our stale, trash-accumulating planet.
Being the desperate grifter I am, I knew that I had to find my first million bagger quickly, if not to afford a ticket out to space once the planet splits in half like the titanic then at least so I could actually make some decent andinteresting some content for once.
All of the well known space stocks were already in orbit, with prices way out of my price range like $5, $9, and even baller stocks up in the $20-$30 range. No good.
Good "you only live onces" have to start with some unexpected, relatively unknown stock with huge potential.
I had to find a company perfectly poised in the space-adjacent supply chain that would be set to explode (metaphorically, not literally) over the next 5 - 10 years.
* ENTER KULR
I was locked in, I was focused, I started Binging "space stocks that will make me rich"
Okay there is a reason 'Bing' is not the main verb for searching
Then it hit me. One of the villains in Dragon Ball Z had a name that sounded like one of the penny stocks I had glanced at just moments before.
My mind was made up, I sold my entire portfolio on Tiger and poured it into this funny little penny stock I had just found.
Next step - find enough information to back up my confirmation bias and convince myself that I was a "seasoned value investor" and not a "gambling addict desperate for attention".
I began my research into KULR.
WHAT DO THEY DO
KULR make batteries, and they test batteries, and they make thermal solutions for batteries. Among other things. Their products are already making headways out in space, with contracts with NASA, Korea, and some of their work being part of the Perseverance rover - currently operating on Mars.
[https://www.kulrtechnology.com/kulrs-thermal-architecture-included-in-upcoming-mars-perseverance-rover/]
They've recently been awarded a contract initially valued around $1M to supply a project collaborating with South Korea's Nara Space CubeSat mission.
[https://www.globenewswire.com/news-release/2024/09/10/2943652/0/en/KULR-Receives-up-to-1-5M-Satellite-Battery-Systems-Order-from-South-Korea-s-Nara-Space-for-Artemis-II-CubeSat-Mission.html]
Furthermore, they've recently had contracts with the US Army Guardian program expanded and renewed - a great indicator for success that the DoD want to continue this partnership with KULR.
[https://www.kulrtechnology.com/kulr-secures-expanded-u-s-army-battery-contract-to-2-4m-paving-way-for-kulr-one-guardian-battery-production-in-2025/]
KULR recently upgraded to a new 17,500 square foot facility in Webster, Texas, bringing it closer to NASA and enhancing it's ability for testing, development and production which I believe will pay off exponentially going into the future.
* Partners
Speaking of partners, while a lot of their business is covered by NDAs, KULR have released a small peek at some of the customers they're working with, including some big names like-
* New products
Kulr have just released some new prodcut sets, the KULR One, a customizable battery pack system that can be tailored to customers unique needs, and the KULR Vibe, a patented system to reduce vibration impact across a huge range of industries including aviation, computing, and anything involving fans or moving parts, really.
Kulr One: https://www.youtube.com/watch?v=KGdySmr011g
Kulr Vibe: https://www.youtube.com/watch?v=19cQKzIcCmo
* My summary
KULR is an undervalued gem right now, over the next 1 to 5 to 15 years they show huge potential for growth and they are positioned well to be a lead player in a critical area of the the space economy, which is projected to reach $1.8 trillion by 2035.
#space #spacestocks #kulr #batteries #thermalsolutions #pennystocks
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