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What's Going On With KULR Technology Stock Today?

Benzinga03-13

KULR Technology Group, Inc. (AMEX:KULR) shares are trading higher on Thursday after the company announced that a prominent private U.S. space company has acquired its NASA-certified M35A battery cells for integration into the spaceflight programs.

This highlights the increasing demand for KULR’s high-performance, cost-effective energy solutions, with the M35A cells already being a crucial component in NASA’s Artemis II mission.

The M35A cells are engineered to meet NASA’s 20793 standards and offer a combination of reliability, energy density, and adaptability.

These cells deliver an energy density of 214 watt-hours per kilogram at C/20 and -20°C, making them ideal for the extreme conditions of space missions.

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In addition, KULR is currently incorporating these cells into its 400 watt-hour K1 Space battery, which is set for completion this month and will soon undergo NASA safety board review.

CEO Michael Mo expressed pride in delivering cutting-edge energy solutions that meet the highest industry standards while being cost-effective.

According to Benzinga Pro, KULR stock has gained over 796% in the past year.

Further solidifying its standing in the aerospace sector, KULR recently announced that its Webster, Texas headquarters had achieved the AS9100 certification.

This milestone confirms KULR’s commitment to quality, safety, and customer satisfaction in aerospace and defense manufacturing.

The certification is expected to accelerate KULR’s future growth and broaden its customer base, particularly within space and military applications.

Price Action: KULR shares are trading higher by 6.25% to $1.275 at last check Thursday.

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