Breaking: Past Champ (KULR) Rockets Approx. 32% On Lockheed Martin Contract Agreement News

Holy heck! Did you see the news? Breaking: Past Champ (KULR) Rockets Approx. 32% On Lockheed Martin Contract Agreement News March 26th Dear Reader, Holy heck! Did you see the news? KULR is on fire and up approximately 32% this morning after dropping bombshell news. Take a look: KULR Enters into an Agreement with Lockheed Martin for Heat Sink Advancements in Precision Missile Electronics SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today proudly announces receiving a six-figure contract from Lockheed Martin (NYSE: LMT) for developing phase change material ("PCM") heat sinks that are pivotal for the thermal regulation of essential electronics within long-range precision missiles. This achievement follows a series of successful evaluations that showcased the efficiency of KULR's solutions in cooling critical onboard systems. With over two decades of pioneering work in heat dissipation technologies, KULR has become a trusted provider for demanding sectors, including defense, aerospace, and beyond. This latest contract with Lockheed Martin underscores KULR's role as a source of innovative cooling solutions. ... Ted Krupp, KULR’s VP of Sales and Marketing, expressed pride in this collaboration, stating, "Our partnership with Lockheed Martin validates our drive for excellence and innovation in managing high-stakes thermal challenges. Our work is critical for enhancing the capabilities of precision-guided weaponry." KULR remains at the forefront of thermal regulation technology, continuously evolving its solutions to support safer, more efficient electronic and battery systems across a variety of applications." ... [Read the full article here.]( Now, that's game-changing news. Taking a look at KULR's chart, potential resistance at its 200-Day Simple Moving Average has already been [broken through early.]( If resistance has totally been knocked out at that level, keep your eyes peeled, KULR may become a breakout juggernaut in the making today. Take a moment to review my initial report and get KULR front and center quickly. ----- Did you cut out early on Friday? Had to get ready for a big NCAA Basketball weekend? If you did, you missed out. Big time! My Friday alert turned into a rampaging juggernaut (to say the least). Surging to a new 1.5 month high, this latest profile rocketed approximately 36% from its previous day's close to its top valuation Friday. It even put in a solid blast of approximately 12% intraday from open to high! What does this all mean? Nothing. That was last week. It's time to get your next breakout idea on radar right now... And this past champ requires immediate attention. Dropping an [eye-catching press release]( last week, I've been monitoring this profile closely and want to bring it into focus ASAP. This NYSE American profile has been alerted on multiple occasions only to watch it erupt short term for 2 separate runs of (approx.) 50+% and two more of 33%, and 20%. Most recently, it has made a maxed-out move of approximately 36% since my most recent alert in January. A quick [look at its chart]( will expose a recent resistance breakdown after moving above both its 50-Day Simple Moving Average (SMA) and its 13-Day Exponential Moving Average (EMA). If support is growing at these levels, a potential run on its 200-Day SMA could soon be in the making! Factor in an [analyst target]( providing as much as 300% potential upside from its opening valuation Monday, and you can see why this NYSE American breakout idea needs top spot on your watch-list now. Drop everything and pull up: *KULR Technology Group, Inc. (KULR)* KULR Technology Group Inc. is a leading energy management platform company offering proven solutions that play a critical role in accelerating the electrification of the circular economy. One of the main markets that KULR is targeting right now is the Energy Storage Sector. Here's why that's important... Due to its swift growth, as reported by [Precedence Research]( this space is expanding rapidly. The Global Energy Storage Systems market is expected to grow over $200Bn by 2030! Though there is no certainty that KULR will scoop up any major chunk of that market share, nevertheless, it remains a substantial positive force driving the company forward. Risks Grow as Use of Lithium-Ion Batteries Increases Lithium battery fire incidents involving e-bikes, e-scooters, hoverboards, smartphones, and electric vehicles are a serious public safety concern creating a surge in demand for improved battery safety technologies and thermal management solutions. Since 2017, lithium battery incidents involving smoke, fire, extreme heat, or explosion have occurred once every eight days on planes or in airports. (Source: FAA.gov) Market Opp's: Space Proven Lithium-Ion Battery Design and Testing Methodology Revolutionary Battery Packs: Introducing KULR ONE KULR ONE is a family of revolutionary battery packs that are accelerating the global transition to a sustainable electrification economy. These new and innovative designs bring a combination of safety, performance, intelligence, modularity and reliability for the world’s most demanding applications. 1. SAFETY Using KULR Technology’s proprietary Thermal Runaway Shield (TRS) technology, KULR ONE & KULR ONE SPACE offer industry leading passive propagation resistance (PPR). 2. PERFORMANCE Utilizes top quality and performing 21700 and 18650 cells that offer fast charge and discharge capability. 3. INTELLIGENCE Integrated with KULR Technology’s proprietary CellCheck digital battery safety system, KULR ONE sends battery performance and health data directly to the cloud, so you can monitor, analyze and predict your applications longevity. 4. MODULARITY Designed to be removed from one application and used on another, KULR ONE offers you the ability to standardize your battery pack design on a wide variety of your applications which gives your customers flexibility with powering their devices at home or in the field. 5. RELIABILITY Designed by Engineers who previously worked at NASA designing battery packs suitable for manned spaceflight, KULR ONE is manufactured with highest quality materials, using the most well thought through and vigorously tested designs, by the world’s best Battery Design Engineers. 6. CUSTOMIZABILITY Using their world class Battery Design Engineers and Manufacturing capability, KULR Technology can design and manufacture a battery pack specific for your individual application needs. This can include a wide variety of form factors and performance characteristics with unparalleled quality and reliability. Find Important Sources/Details Here: [Company Website.]( [Company Presentation.]( ----- Right now, KULR has several potential breakout catalysts to take notice of quickly. Check this out... #1. KULR Potential Catalyst - Contract Value Grows With U.S. Army As Additional Purchase Order Announced! Flying under Wall Street's radar was this huge KULR news from last week: KULR Approaches Final Milestone in Upsized U.S. Army Contract for Advanced Battery Prototypes SAN DIEGO, March 21, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today proudly announces the receipt of an additional purchase order from the United States Army, increasing the total contract value to $1.81Mn. This latest order propels the project into its final phase, scheduled for completion by August 2024, with KULR having already achieved significant milestones in the development of next-generation battery solutions for advanced aviation applications. In the concluding phase, KULR will deliver two distinct prototypes of its innovative battery systems, each tailored to meet the rigorous operational demands of the U.S. Army. This strategic development represents a culmination of the Company's tireless efforts in navigating the initial two phases of the agreement with exceptional success. The final prototypes will leverage KULR's advanced energy management platform, KULR ONE Design Solutions, which integrates state-of-the-art safety measures and thermal management technologies. The KULR engineering team's use of comprehensive design and testing methodologies, including Fractional Thermal Runaway Calorimetry, bomb calorimetry, and impingement zone mapping, has been instrumental in guiding the design process. KULR CEO Michael Mo expressed, "As we progress to the final stages of our collaboration with the U.S. Army, our commitment to excellence and innovation remains unwavering. The trust placed in KULR to develop these advanced prototypes reflects our shared dedication to enhancing the operational capabilities of our armed forces. The forthcoming evaluation of our prototypes will set the stage for future phases, furthering our contribution to the military's mission readiness with superior energy solutions." As the sole provider of cell screening technology for NASA, KULR continues to cultivate a solid foundation of trust while exhibiting sound technical expertise throughout its ongoing partnership with the U.S. Army. The Company continues to establish its role as a key player in advancing the safety and efficiency of energy storage and management solutions. [Read the full article here.]( #2. KULR Potential Catalyst - Company Collabs With Leading U.S. Automaker As EV Market Continues To Grow Rapidly. The U.S. Army contract wasn't the only massive news last week. Take a look: KULR Lands Initial Battery Testing Order for its SafeCASE Product with Leading U.S. Automaker SAN DIEGO, March 19, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today confirmed its collaboration with a leading U.S. automaker. This partnership focuses on mitigating thermal runaway risks in EV battery modules through KULR's advanced SafeCASE™ technology. This project underscores KULR's commitment to safety and innovation in the rapidly growing electric vehicle market. KULR’s CEO, Michael Mo, shared insights on the initiative: "At KULR, we leverage a testing regime as rigorous as that of the KULR ONE project—vital for manned space exploration. By integrating these protocols with our SafeCASE™ and SafeSLEEVE™ products, we ensure that lithium-ion batteries are handled with the highest safety standards for storage and transportation, ready for delivery to any location." With the surge in battery utilization across electric vehicles, aerospace, and other sectors, there's a critical need for scalable and secure transportation solutions. KULR's patented SafeX product line, encompassing SafeCASE™ and SafeSLEEVE™, addresses this need by facilitating safe, efficient shipping of lithium batteries across an automaker’s multifaceted network of engineering, design, and testing divisions. This strategic engagement is expected to foster further collaborations, extending KULR's reach into full EV battery transport, logistics, and battery recycling sectors. The company is set to provide an indispensable enterprise battery transportation platform, streamlining the transfer of battery cells within an OEM or an organization, thereby enhancing efficiency and tracking in the battery management lifecycle. According to recent forecasts by Precedence Research, the global battery packaging market is on track for significant growth, projected to achieve a market size of $201.85Bn by 2032. ... [Read the full article here.]( #3. KULR Potential Catalyst - [The Space Battery Market was valued at $3.65Bn in 2022 and is expected to grow significantly.]( According to Maximize Market Research, many favorable growth drivers are now functioning on the Space Battery Market. The usage of space heater batteries and other batteries for space applications, for example, is a market driver. Plus, the growing use of space batteries in various private and public space missions is a clear development factor for the industry. The market is expected to rise due to the increased use of lithium-ion space batteries due to their durability. #4. KULR Potential Catalyst - [A $1.00 price target suggests over 300% potential upside from Monday's open.]( That sentence pretty much spells it out. Howard Halpern, an analyst with Taglich Brothers, has placed a $1.00 target on KULR. Here's some key highlights from the report: - KULR has an opp. to grow revenue within the energy storage market with its KULR One offering. The market is anticipated to grow nearly 8.5% annually, reaching over $436Bn in 2030 from $211Bn in 2021. - KULR One offers customers a suite of battery packs and design solutions in order to accelerate the global transition to a sustainable electrification economy. The design capabilities of this offering brings a combination of safety, performance, intelligence, modularity, and reliability for applications within the electric vehicles, electric aviation, defense contractor, and energy storage infrastructure markets. - KULR’s sales funnel indicates that 2024 revenue potential is $26Mn to $34Mn. Supporting this potential are recent customer wins including an initial engagement with a Tier-1 aerospace and defense manufacturer with revenue potential of at least $6Mn over multiple years. This contract involves the development of a Phase Change Material Module to ensure thermal stability for critical components used in space environments. ----- Coverage is officially reinitiated on KULR Technology Group, Inc. (KULR). When updates pop up, I'll get them out to you quickly. Talk soon. Sincerely, FierceAnalyst | Jaks Swift Editorial Writer (Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.) FierceInvestor (FierceInvestor . com) is owned by SWN Media LLC, a limited liability company. Data is provided from third-party sources and FierceInvestor (FI) is not responsible for its accuracy. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. Any emojis used do not have a specific defined meaning, and may be used inconsistently. We do not provide personalized fin.ancial advice, are not finan.cial advisors, and our opinions are not suitable for all in.vest.ors. 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