Financial News

Global Electrification Is Surging, So Is The Need For KULR’s Battery-Safety Technology…Here’s Why ($KULR)

Global Electrification Is Surging, So Is The Need For KULR's Battery-Safety Technology...Here's Why ($KULR)

Global electrification initiatives are surging. And just as haste makes waste, so does advancing an enormously powerful replacement infrastructure with inherent severe safety risks. Not just on the industrial stage, either. With powerful batteries getting packed in a more compact housing, the risk also extends to consumer products- billions of them. Phones, power tools, appliances, and even hypersonic missiles are turning to lithium-ion battery power as a viable and efficient replacement for carbon-burning fuel sources. But along with their proliferation, some serious safety concerns have been as well. KULR Technology (NYSE: KULR) may have the solutions to appease them. 

And many of the world's largest companies and agencies are taking notice. KULR clients include Lockheed Martin (NYSE: LMT), General Motors (NYSE: GM), Meta Platforms (NASDAQ: META), and NASA. That's just a few. KULR's client list stretches into many directions targeting diversified needs, bringing a combined battery-safety market opportunity estimated at $2.9 billion by 2030, about 123% higher than 2022 levels. While an excellent target today, it gets better. 

The market opportunity is expected to grow by about 11.8% annually into the end of the decade. And that provides plenty of incremental revenue-generating opportunities for KULR along the way. 

Small Cap Price, Mega-Cap Relationships

Expect KULR to seize its moment by maximizing the value inherent to its best-in-class battery safety technology solutions. Currently trading at roughly $1.20 a share, that puts significant upside potential in play. As it stands, KULR's share price doesn't appropriately value that they are inking potentially substantial revenue-generating deals with mega-cap companies. More importantly, those agreements could be integral to helping accelerate and usher in the global transition to a sustainable electrification economy. 

The most significant part of the KULR value proposition isn't its clients; it's the fact that its solutions are more than good; they're validated, which has earned KULR an industry-leading position providing battery safety, design, and testing solutions. They are so good that KULR is now one of few companies successfully designing products to meet the stringent requirements and rigorous testing mandated by the JSC 20793 Revision D safety standard created by NASA crewed space missions. This qualification provides that KULR's products and solutions are approved for use and can be utilized for Artemis missions and future space exploration voyages. 

And, here's the better part of that allowance- it strengthens KULR's credibility and validates proof of concept to expedite offering similar battery safety and energy management solutions to customers across various industries needing similar commercial applications. By the way, returns from this technology are near term, with KULR saying they expect to begin accepting client orders this quarter.

Deals With Billion-Dollar Companies Expedite Growth

That's just one deal where KULR technology is recognized as best-in-class. Another potentially massive deal announced in Q4 detailed KULR entering into an agreement to provide its internal short circuit ("ISC") battery safety and testing device to the largest automotive manufacturer in the United States, General Motors. The technology in focus shows the ability to create thermal runaway in lithium-ion battery trigger cells and, importantly, does not rely on mechanically damaging the battery exterior to activate the short, a meaningful differentiation from other evaluation methodologies that do not trigger an actual internal short.

That difference makes it possible to accurately isolate and fix problems that lead to product malfunctions. Moreover, the innovative testing method allows KULR and its customers to more effectively test the next generation of EV batteries, bringing more reliable and safer battery systems to market faster and more cost-effectively. KULR is optimistic its ambitions will be met with considerable EV sector interest. It should. After all, with the electrification movement gaining momentum and a global automotive company embracing the strategic value of better testing for designing the next wave of EV battery systems, KULR's technology is being validated ahead of potential competitors. 

General Motors is far from being KULR's only large client. In addition to those already noted, KULR is scoring deals with other influential global companies, indicating in its SEC filings that its sales and marketing team has expanded its customer engagements through direct sales and its Manufacturer's Representative team, resulting in a currently known client book exceeding 300 customer engagements at the end of Q3 2022. Its client list likely will grow in Q4, which would not be surprising, considering that KULR continues to expand its market reach. 

Beyond the clients mentioned, KULR has inked deals with Ball Aerospace, a subsidiary of Ball Corporation (NYSE: BALL), SAFT, a subsidiary of TotalEnergies SE ( NYSE: TTE), Leidos Holdings (NYSE: LDOS), Viridi and BOSCH. What's notable about these relationships is that KULR expects they can build upon themselves. KULR noted in its recent 10Q report that as they expand partner relationships, it will be able to cross-sell and up-sell its total solution packages. 

Targeting Record Demand With Validated Technology

That's likely. Remember, while the EV sector earns headlines from companies like Tesla (NASDAQ: TSLA) and Ford (NYSE: F) serving its products into record demand, behind that sector, manufacturers of millions, even billions, of other products, from consumer staples to space-age technology, also embrace the clean energy solutions that battery power offers. Few argue against that trend continuing.

In fact, geopolitical and local legislative pressures support the proposition that the pace at which battery power gets integrated into current infrastructures will accelerate. That makes sense. The powerful and densely packed batteries used are inherently dangerous, especially with advanced lithium-ion technology contributing to making densely packed and enormously powerful energy drivers in smaller housing. The result can be explosions, fires, and even potential meltdowns of energy-providing infrastructures.

But here's the deal. Many of these potential catastrophes can be avoided. And as KULR continues to strengthen an already impressive IP portfolio, it may very well secure its place as the go-to company to deliver best-in-class battery safety solutions to a potential trillion-dollar market opportunity. Its IP property was again fortified. 

Last week, the United States Patent and Trademark Office awarded a patent on the technology behind KULR's SafeCase products – a U.S. Department of Transportation ("DoT") permitted lithium-ion battery cell and pack storage and transportation system. The SafeCase products are designed to mitigate thermal runaway propagation and its catastrophic effects for lithium-ion battery packs of up to 2.5 kWh (kilowatt-hours) per case by utilizing KULR's patented Thermal Runaway Shield ("TRS") technology.

In 2022, that technology gave KULR immediate and open access to commercial partners and customers by securing United Parcel Service (NYSE: UPS) shipping certification, allowing for the shipment of batteries utilizing the KULR SafeCase products through UPS' vast shipping network. 

Notably, the most recent patent is the fourth issued to KULR based on its TRS design architecture, which, as a result, helped KULR secure a trio of DoT-granted special permits enabling it to strategically pursue regulatory markets ranging from shipping prototype batteries to end-of-life battery management, as well as those used by NASA to transport and store batteries aboard the International Space Station.

Feeling The The KULR Vibe

KULR is penetrating other markets with its recently unveiled vibration reduction solution. And like its other technology, it keeps getting better. Acquired in 2022, the KULR VIBE is updated to include a scalable, centralized artificial intelligence ("AI") server platform. Powered by NVIDIA (NASDAQ: NVDA) accelerators, the enhanced KULR VIBE system will deliver faster processing speeds and data capture for remote access. Of particular interest and request from KULR's enterprise customers, the cornerstone of this expansion will bring enhanced security to protect customer data, mission-critical projects, and intellectual against potential cyber security risks.

Specifically, the KULR VIBE suite of products and services provides vibration analysis and mitigation solutions to commercial clients, a sector served for over two decades. Getting better with age, advances in measurement and computing have allowed the KULR VIBE technologies to offer transformative, scalable solutions across aviation, transportation, renewable energy (wind), manufacturing, industrial, performance racing, and autonomous aerial (drone) applications. That's not all.

KULR notes that the new KULR VIBE AI platform allows for advanced, trajectory-altering maintenance capable of optimizing craft performance and systems to prioritize safety, allow for lower maintenance costs, and increase the lifespan of sensitive and expensive equipment in the field, resulting in more extended commercial use. From a demand perspective, by providing enhanced security and faster remote diagnoses for managing the vibration and balancing needs of high-performance machines and systems, KULR is tapping into markets potentially worth billions from clients that are looking to be more competitive in the market by ensuring their systems are operating as safely as possible. 

A Value Proposition Exposed

All told, the value proposition presented by KULR may be too good to ignore. Undoubtedly, KULR's sum of its parts justifies a valuation significantly higher than its current levels. Moreover, when appraising the company, investors should keep in mind that KULR is better positioned than at any time in its history to accelerate revenue growth. Thus, breaching 52-week highs, roughly 120% higher than current levels, is a justified expectation. 

That's not all driving the consideration. KULR is also leveraging a dominant market position, has a formidable balance sheet, is inking deals with global and diverse industry players, and is acquiring accretive revenue-generating assets facilitating top-line growth and strengthening the bottom line. But the most attractive part of the KULR proposition is that its work completed to serve the world's largest companies positions them to score potentially exponential revenue growth sooner than later. 

Thus, while the record-setting performances and consecutive revenue growth posted during 2022 provide an impressive historical precedent, expectations and guidance about 2023 may indicate the best is yet to come.

 

 

Disclaimers: Shore Thing Media, LLC. (STM, Llc.) is responsible for the production and distribution of this content. STM, Llc. is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. Our reports/releases are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The information made available by STM, Llc. is not intended to be, nor does it constitute, investment advice or recommendations. The contributors may buy and sell securities before and after any particular article, report and publication. In no event shall STM, Llc. be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or made available by STM, Llc., including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information in this video, article, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. STM, Llc. strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For some content, STM, Llc., its authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. STM, LLC has been compensated up to twenty-thousand-dollars cash via wire transfer by a third party to produce and syndicate content for KULR Technology Group, Inc.. for a period of one month ending on February 28, 2023. See disclaimers page for all past compensated work from KULR Technology Group, Inc. on our website.As part of that content, readers, subscribers, and website viewers, are expected to read the full disclaimers and financial disclosures statement that can be found on our website. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled.

Media Contact
Company Name: STM, LLC.
Contact Person: Michael Thomas
Email: contact@primetimeprofiles.com
Phone: 917-773-0072
Country: United States
Website: https://primetimeprofiles.com/


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback