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KULR TECHNOLOGY GROUP, INC.

(KULR)
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KULR Technology Group, Inc. Receives Authorization for Expanded Battery Coverage to Its Existing Department of Transportation Special Permit

09/30/2021 | 06:45am EST

KULR Technology Group, Inc. announced that the U.S. Department of Transportation (“DoT”) authorized a modification to its existing DoT Special Permit (SP21139) to now include the transportation of reused, refurbished, and retrofitted lithium-ion and metal batteries for recycling. KULR’s upgraded special permit significantly reduces administrative requirements for both existing and potential customers by streamlining real-time operations, which provide substantial cost and time savings. The authorized modification ensures the Company’s KULR-Tech Safe Case addresses batteries of any condition: new, used, recycled, refurbished, reused, prototyped or DDR (damaged, defective, or recalled). The special permit provides exceptions from shipping papers and employee training when shipping lithium batteries up to 2.1 kilowatt-hours (“kWh”). The permit also authorizes the exceptions based on using KULR’s specially designed thermally protective packaging which incorporates the Company’s patented thermal runaway shield (“TRS”) technology.


ę S&P Capital IQ 2021
All news about KULR TECHNOLOGY GROUP, INC.
12/07KULR Acquires Intellectual Property Rights for Thermal Management of Computing Applicat..
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12/07KULR TECHNOLOGY GROUP, INC. : Regulation FD Disclosure, Other Events (form 8-K)
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12/01KULR TECHNOLOGY STOCK IS ON A RUN; A : Kulr)
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11/30KULR Gets Initial Order Valued at $500,000 from Lockheed Martin
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11/30KULR TECHNOLOGY : Receives Initial Passive Propagation Resistant Battery Safety Order from..
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11/30KULR TECHNOLOGY GROUP, INC. : Regulation FD Disclosure (form 8-K)
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11/30KULR Receives Initial Passive Propagation Resistant Battery Safety Order from Lockheed..
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11/30KULR Technology Group, Inc. Receives Initial Passive Propagation Resistant Battery Safe..
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Analyst Recommendations on KULR TECHNOLOGY GROUP, INC.
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Financials (USD)
Sales 2021 2,33 M - -
Net income 2021 -10,6 M - -
Net Debt 2021 - - -
P/E ratio 2021 -25,4x
Yield 2021 -
Capitalization 337 M 337 M -
Capi. / Sales 2021 145x
Capi. / Sales 2022 42,4x
Nbr of Employees 9
Free-Float 63,8%
Chart KULR TECHNOLOGY GROUP, INC.
Duration : Period :
KULR Technology Group, Inc. Technical Analysis Chart | KULR | US50125G1094 | MarketScreener
Technical analysis trends KULR TECHNOLOGY GROUP, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Last Close Price 3,22 $
Average target price 5,33 $
Spread / Average Target 65,6%
EPS Revisions
Managers and Directors
Michael Mo Chairman & Chief Executive Officer
Keith Cochran President & Chief Operating Officer
Simon P. Westbrook Chief Financial Officer
Timothy R. Knowles Secretary, Director & Chief Technical Officer
Joanna D. Massey Independent Director
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