December 20, 2024 (Globalinvestorideas.com Newswire) Globalinvestorideas.com, a leader in retail investor trading ideas for defense and renewable energy stocks issues a trading alert for KULR Technology Group, Inc. (NYSE American: KULR) , a provider of advanced thermal management solutions.
The stock is trading at $2.7197,up 0.4797, gaining 21.4152% on volume of over 38 Million shares as of this report. The stock has a day’s high of $2.79 and a week’s high of over $3.00.
The stock has had a run from just over 0.30 this year to over $3.00.
KULR recently announced that it has regained compliance with all continued listing standards set forth in Part 10 of the NYSE American Company Guide.
This followed news that it plans to launch the KULR ONE Space (K1S) battery via launch integrator Exolaunch on a SpaceX rideshare mission scheduled for 2026. This mission represents a pivotal milestone in KULR’s ongoing commitment to developing safer and higher-performing battery systems tailored for space applications for a space battery market that is expected to grow from $3.9B to $6.35B by 2030 per Virtue Market Research.
Paid news dissemination for KULR
This pathfinder mission will integrate multiple configurations of the KULR ONE Space (K1S) battery into a 6U SmallSat. A 6U SmallSat is a lightweight satellite with a standardized structure measuring approximately 10 cm x 20 cm x 30 cm, built using durable materials like aluminum or carbon-fiber composites to endure the extreme conditions of space. The K1S battery configurations have been carefully selected to demonstrate cell and pack performance, as well as electronic functionality in orbital environments. This mission will also validate the flight capabilities of the K1S, the first commercial-off-the-shelf (COTS) lithium-ion battery series engineered to fully comply with NASA’s JSC 20793 battery safety standard.
Recent news
https://finance.yahoo.com/news/kulr-regains-compliance-nyse-american-133000692.html
https://finance.yahoo.com/news/kulr-signs-agreement-launch-kulr-131500607.html
Recent Investorideas article
Stocks to Watch in the Space Economy Race
Get more defense aerospace stock investing ideas with Investorideas.com free stock directory
https://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp
Disclaimer
Global Investor Ideas is part of the Investorideas.com content umbrella and is owned by Econ Corporate Services Inc. For Investorideas disclosure and disclaimer please visit the site directly
Disclaimer/Disclosure: GlobalInvestorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by GlobalInvestorideas and investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. If we are not the source for content but just a publisher , please contact the source of all content for questions and info. We are not responsible for third party content.