Order From Top Japanese Auto Manufacturer; (NYSE: KULR) KULR Technologies Unit to Generate +$8 Million In Revenue

(NYSE: KULR) KULR Technologies Receives Order From Top Japanese Auto Manufacturer; Expects to Generate Over +$8 Million In Revenue Hi “FDR” Member, Please check out the KULR news from this morning here below! [KULR Experiences Fast-Growing Demand for Next-Gen EV Battery Safety and Testing Solutions with Order from Top Japanese Automaker](  Battery Testing and Analysis Services Unit to Generate $8 Million to $10 Million Revenue Annually Starting in 2025 SAN DIEGO, May 29, 2024 (GLOBE NEWSWIRE) -- [KULR Technology Group, Inc.]( (NYSE American: KULR) (the “Company” or “KULR”), a global leader in sustainable energy management, today announced it has secured a contract from a top Japanese multinational automaker (“Automaker”) for testing and analysis of high-energy battery cells intended for their next-generation electric vehicles. The Company will utilize its KULR ONE Design Solutions (K1-DS) platform to expedite design readiness for the Automaker’s future electric vehicle buildout.  KULR’s extensive spaceflight expertise and proprietary KULR ONE Design Solutions are integrated into its rigorous testing protocols, forming what KULR believes to be the world's most comprehensive battery safety testing platform. These tests encompass [Fractional Thermal Runaway Calorimetry]( (“FTRC”), bomb calorimetry, and impingement zone mapping, providing unparalleled cell-level characterization and insights to optimize battery safety.  Originally, K1-DS was developed to introduce customers to KULR products, with the goal of transitioning to volume production. While this remains the Company’s core objective, over time KULR has expanded its testing services, projecting it to become an annual $8 to $10 million revenue standalone business starting in 2025, without additional investment in testing capabilities.  New K1-DS contracts are in progress as KULR recognizes design services as a high-margin, recurring revenue stream, with the automotive sector being a prime target for ongoing business. This demand is largely driven by electric vehicle manufacturers' continuous evaluation of next-generation cells for improved efficiency and faster charging times. According to last year’s International Energy Agency's [projection]( electric vehicles, including fully electric and plug-in hybrid models, are expected to account for 35 percent of new vehicle sales worldwide by 2030. The Company expects the FTRC to remain widely used across various industries for assessing both current and future cell technologies. We presented this company as a value proposition in April. And while it was a compelling opportunity then, it's a screaming one today. That's not an overzealous assessment of the investment opportunity that KULR Technology Group (NYSE-AMER: KULR) stock presents, either. On the contrary, KULR's current $0.34 share price may be the most disconnected representation of fair value for a stock that we've seen in quite a while.  But that gap may close faster than many think, resulting from the series of value-adding updates KULR published over the past month. These updates warrant more than closing that disconnect; they justify a near-vertical steepening of the share price trajectory. The KULR CEO certainly believes that.  He took a 33% cash-based salary cut, opting to be paid in KULR stock at market value. Aside from some high-profile CEOs who accepted lower salaries during the pandemic, you'll be hard-pressed to find one that did the same in 2024, especially one who has completed as much fundamental strengthening of their company as Michael Mo.  Follow The Bullish Lead Of CEO Michael Mo...  Here's the deal...He likely knows and believes what many investors may not yet see- KULR has the technological, product, and service firepower to generate explosive growth during the rest of 2024. And KULR has made it no secret about how it intends to score that increase. Check out these recent headlines:  On May 23rd, KULR CEO Michael Mo Reduces Cash Salary to Better Align with Shareholder Value Creation; Reduces Cash Component by 33%  On May 22nd, KULR Secures Test Engineering Contract with Bombardier Recreational Products  On May 13th, KULR Adds United Parcel Service to its Battery Safety Shipping Platform, Forms Strategic Partnership with Safeware for Online Marketplace  On May 7th, KULR announced Successfully Completing 200 Amp-Hour Battery Fractional Thermal Runaway Calorimetry Test for EV Customer  On May 2nd, KULR Technology Group announced lending its Battery Production Infrastructure for Rapid Support of NASA's R5 Program  Those are just the operational advances made during May. In April, sales of energy storage, battery safety, and recycling solutions contributed to KULR's 146% revenue surge to roughly $9.8 million. That resulted, in part, from a 47% increase in billed customer count to 53, up from 36 in 2022. That's not all.  On April 23rd, KULR announced it delivered a power cell battery deployment order for AI-enabled drone and advanced air mobility missions in Ukraine, a deal preceding its April 30th announcement of a strategic partnership with Amprius Technologies to leverage both company strengths to facilitate a combined leap forward in battery technology tailored for defense and space applications. Concerning revenue growth, this tandem effort can be an absolute game-changer for KULR by increasing the pace of KULR penetrating that multi-billion dollar sector. Better still, it can maximize the opportunities in play from having little to no competition in the bids they target.  Analysts Model For Over 1800% Upside...  All of this is well-known to analysts covering KULR stock. They have maintained BUY ratings with price targets as high as $7.00, over 1800% higher from current levels. Keep in mind that reaching the average consensus of $3.07 would also be a massive win. It would represent an over 7X increase from its Tuesday price.  Those price targets are not based on overly exuberant pricing models. In fact, those price targets likely don't even factor in the intrinsic value and inherent potential from KULR's most recent updates. Factoring in those adds unequivocally to the bullish thesis by showing that KULR is better positioned operationally and fundamentally than when its share price was trading at the $0.90 level a month ago.  In other words, the company is stronger today than when it announced retiring all of its outstanding Yorkville convertible debt, approaching the final milestone in its upsized battery safety contract with the U.S. Army, and saying it secured new Special Permits from the United States Department of Transportation related to its patented SafeX Product Suite, including SafeCASE™ and SafeSLEEVE™.  The Value Proposition Exposed...  Some of that news contributed to the share price surge to $0.90 in April. But there's been plenty more since then to indicate that the stock retreating from that high not only makes no sense; it exposes a valuation disconnect that we think is worth immediately seizing. Look, we don't argue against profit-taking- it's prudent in volatile markets.  However, we also recognize the value that's there for the taking. That's where we see the opportunity in KULR. Don't forget what we mentioned- KULR retired most or all of its convertible debt, has capital on hand to accelerate projects and is exploiting its sweet spot of opportunity created by geopolitical concerns and a global mission to transform to clean and safe energy systems and solutions.  Indeed, FDR has been a perma-bull on KULR. And we don't regret that, especially after summing up the company's parts, which show this company growing from an emerging entity into a battery-safety sector powerhouse. Thus, like us, don't be misled by the current share price—KULR is a much more important player in a global mission to better space travel, fortify national defenses, and enhance battery safety and mobility than its penny-stock price represents.  A Massive Operational Surge In 2024...  FDR members, we've highlighted the value-creating updates from April and May as reasons to capitalize on the KULR investment opportunity. But the company's first-quarter news can't go without merit, either. Check this out:  In March, KULR announced deals with the U.S. Army, Lockheed-Martin, a leading U.S. automaker, and NanoRacks (involved in Voyager Space's exploration segment with NASA). That's not all. They were also granted Special Permits from the USDOT covering transportation of damaged, defective, or recalled batteries and end-of-life batteries, including helping manage battery disposal and recycling to pave the way for safer and more sustainable battery recovery and reuse. Those deals alone can be transformative from a revenue perspective in 2024. However, they should be recognized for more than that.  The USDoT's approval of these special permits validates the safety standards and reliability of KULR's SafeCASE™ product for transporting and storing lithium-ion batteries. This potentially massive revenue-generating opportunity is now in play with existing and new customers across multiple industries. We know of NO OTHER COMPANY ABLE AND PERMITTED TO PROVIDE THE SAME SERVICES! That, FDR members, can lead to exponential revenue growth from being the lead, if not the only, provider of that specialty service.  Summing KULR's Parts Exposes A Significant Valuation Disconnect...  Still, that's just one big ticket market opportunity. KULR has many others in its business crosshairs that should lead investors to embrace this value proposition while the window of low-priced opportunity is open. Remember, these windows can quickly close, and knowing that KULR has eliminated toxic debt, has cash in the bank, is making deals with a Who's Who client list, and has IP-protected technology that can generate millions in revenues from different sectors, KULR's may very well be one of those as groundwork milestones reached start to transform into revenue-generating catalysts.  We expect that to happen sooner rather than later. When it does, summing up KULR's maturing parts, we would not be surprised to see analysts revising share price targets to be higher. Yes, $7.00 is a long way away from KULR's current share price. However, the cumulative revenue-generating effect of deals made and those expected easily support the presumption that the path of least resistance for KULR shares is higher.  Accordingly, we remain DECIDEDLY BULLISH on KULR. To Your Trading Success, Michael Reece Editor, Financial Driven Research © 2023 Financial Driven Research, All Rights Reserved. Financial Driven Research (“FDR” or “Company”) is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or inves∙tment for any specific individual. FDR full disclosure is to be read and fully understood before using FDR website or joining FDR email or sms list. By viewing FDR website and/or reading FDR email or sms list you are agreeing to FDR full disclosure This publication may contain information regarding inves∙tment ideas and third-party ratings regarding specific securities. We hold n∙o inves∙tment licenses and are thus neither licensed nor qualified to provide inves∙tment adv∙ice. FDR nor its principals are not FINRA-registered broker-dealers or inves∙tment advisers. The content of this email should not be taken as advice, an endorsement, or a recommendation from FDR to buy or sell any security. Always be extremely careful and consult a licensed inves∙tment professional before making any inves∙tment decision as inves∙ting in securities carries a high degree of risk; you may likely lose some or all of the inves∙tment. This communication is a sponsored advertisement. FDR and/or its subsidiaries and/or affiliates has been compensated $20,000 USD to disseminate this communication. Please note we do not hold positions in stocks we profile. We do not trade in any of our sponsored advertisements, or non-sponsored profiles. We do not accept stock as a form of payment for our sponsored advertisements. Please review the full disclaimer at [Disclaimer and Disclosure Policy]( for important information regarding this sponsored advertisement. © 2023 FDR. All rights reserved., 1014 W 36th St, Baltimore, MD 21211, United States You may [unsubscribe]( or [change your contact details]( at any time. Powered by:[GetResponse](