Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
KULR Technology Group ( (KULR) ) has issued an announcement.
On February 13, 2025, KULR Technology Group announced a strategic partnership with Worksport Ltd. to advance battery technology and enhance U.S. manufacturing. This collaboration will focus on joint battery pack development, AI-driven battery management system integration, and thermal runaway protection, aiming to improve safety, performance, and scalability of energy solutions. With an increasing demand for U.S.-based production, KULR and Worksport’s partnership aligns with market preferences, positioning the companies for growth in the portable energy storage sector, which is projected to reach significant market value by 2032.
More about KULR Technology Group
KULR Technology Group Inc. delivers cutting edge energy storage solutions for space, aerospace, and defense by leveraging a foundation of in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities. The Company’s holistic offering allows delivery of commercial-off-the-shelf and custom next generation energy storage systems in rapid timelines for a fraction of the cost compared to traditional programs.
YTD Price Performance: -26.64%
Average Trading Volume: 42,646,355
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $533.6M
See more data about KULR stock on TipRanks’ Stock Analysis page.
