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Breakout Alert (NYSE: KULR) Tech Stock $.18 Receives $1.20 Target Price (500% Upside Potential)

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Tue, Jan 16, 2024 12:19 AM

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) 3 Wall Street Analyst Predict Median Upside Gain Potential of 500% Hi “FDR” Member, This

[Your New Breakout Alert Is KULR Technology Group (NYSE: KULR]( 3 Wall Street Analyst Predict Median Upside Gain Potential of 500% [See Jaw-Dropping Analyst Stock Price Forecast Here]( Hi “FDR” Member, This is Michael Reece with “FinancialDrivenResearch” delivering you your new breakout alert for Tuesday 1/16 trading session KULR Technology (NYSE: KULR). Pay very close attention! It is extremely rare to discover an under the radar big board stock that has 3 reputable Wall Street analysts that all predict triple digit outcomes. KULR is currently trading at approx. $.18/share and has 3 Wall Street analysts predicting upside as high as $7.00/share for a 12 - month forecast! Bullish Catalyst – Alliance Global Initiated Coverage of KULR Technology (NYSE: KULR) with Buy Rating and $1.20 Price Target ([Representing +566.66% in Upside Potential]( According to Alliance Global Partners, KULR Technology (NYSE: KULR) has +566.66% upside potential, based on the analysts’ price target. While I can’t predict a double, based on the research that I have done conservatively it might only witness a +60% upside. Bullish Catalyst – Benchmark Initiated Coverage of KULR Technology (NYSE: KULR) with Buy Rating and $1.00 Price Target. ([Representing +455.55% in Upside Potential]( Bullish Catalyst – Litchfield Hills Initiated Coverage of KULR Technology (NYSE: KULR) with Buy Rating and $7.00 Price Target. ([Representing +1,000% in Upside Potential]( KULR is currently trading at approx. $.18/share. Zacks Small-Cap Research released a bullish research report based on short-term price targets offered by four analysts, the average price target for KULR is $2.58. The forecasts ranges from a low of $1.00 to a high of $7.00. Bullish Catalyst – Strong Buy Rating and Price Forecast KULR is currently trading at approx. $.18/share, and has multiple Bullish Strong BUY Ratings. TipRanks reports multiple bullish analysts with forecasts of an average price target of $1.20. Investing.com Technical Opinion Rating Issued KULR a Bullish STRONG BUY Rating! Overall, technical indicators are signaling a "Bullish STRONG BUY Rating" based on Investing.com technical analysis. (NYSE: KULR) Is a Global Leader in Sustainable Energy Management. They Have Inked Deals with NASA, U.S. Air Force, and the DOT KULR Technology Group Inc. (NYSE: KULR) develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems. Leveraging the company’s roots in developing breakthrough cooling solutions for NASA space missions and backed by a strong intellectual property portfolio, KULR enables leading aerospace, electronics, energy storage, 5G infrastructure, and electric vehicle manufacturers to make their products cooler, lighter and safer for the consumer. [Watch KULR Company Overview Right Here Now]( KULR Has Released Blockbuster News During Late 2023 That Every Trader You Must Know of Now Here's a Snapshot of News: KULR to Introduce KULR ONE MAX at CES 2024 SAN DIEGO, Jan. 02, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, is excited to announce the launch of KULR ONE MAX at the 2024 Consumer Electronics Show (CES), this January 9-12, 2024. Attendees can experience the premiere of KULR ONE MAX showcased within the Energy Ark Storage Cabinet by NHOA.TCC, a subsidiary of publicly listed Taiwan Cement Corporation (TWSE: 1101.TW), at booth 4777 in the Las Vegas Convention Center – West Hall. This presentation will highlight KULR’s dedication to pioneering safer and more cost-effective energy storage solutions. Building upon the Company’s space-grade designed KULR ONE platform, the KULR ONE MAX emerges as the latest development for sectors including micro-mobility, defense, and aerospace. The design, rooted in KULR ONE Design Solutions, optimizes the use of 21700 cylindrical cells to support a robust Passive Propagation Resistant framework. This advancement ensures compliance with UL 9540 standards for thermal management without external fire suppression, enhancing safety and reducing costs. Here's a Snapshot of News: KULR Selected by One of the World’s Largest Private Space Exploration Companies for Enhanced Battery Safety Solutions SAN DIEGO, Dec. 27, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced it has received an initial purchase order from one of the world’s largest privately held space exploration companies (“Customer”) for enhanced battery safety testing solutions, using the Company’s KULR ONE Design Solutions (“K1-DS”) platform. The proprietary K1-DS platform incorporates the most comprehensive design and testing methodology for battery safety that includes: Internal Short Circuit ("ISC") technology, Fractional Thermal Runaway Calorimetry (“FTRC”), bomb calorimetry, and impingement zone mapping, performing a comprehensive cell level characterization of the thermal runaway behavior of the Customer’s cells. Here's a Snapshot of News: KULR Reports Preliminary Second Quarter 2023 Financial Results, Anticipates Record Revenue with Over 300% YoY Growth SAN DIEGO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, announced its unaudited preliminary financial results for the second quarter ending June 30, 2023. Pay Very Close Attention To The Jaw-Dropping Q2’23 Financial and Recent Operational Highlights: #1.) Revenue for the three months ended June 30, 2023, is estimated to be $2.5 to $2.8 Mln, an estimated increase of over 300%, compared to $0.6 Mln in the same quarter of the prior year. Gross margin for the three months ended June 30, 2023, is estimated to be in a range from high 30% to low 40%, compared with 28% in the same quarter of the prior year. #2.) KULR was awarded an initial $1.13 Mln U.S. Army contract to develop next generation high-energy battery packs employing the KULR ONE Design Solutions (“K1-DS”) platform. KULR will utilize the K1-DS platform to fast track this new design through prototyping phases and into manufacturing readiness for the U.S. Army’s advanced aviation applications. Development activities began at the end of April 2023 and are slated to run through early 2024. Management believes this timeline sets a new standard for what could have historically taken several years. #3.) KULR partnered with a world leading provider of drone-powered package delivery services. KULR will leverage its K1-DS platform and proprietary technology for the development of high-capacity lithium battery packs for use in last-mile delivery, which is the most expensive and time-consuming part of the shipping process. #4.) KULR received an additional development contract from a branch within the United States Armed Forces to develop high-energy battery packs for uninterruptible power supplies to mobile command centers. This contract is another example of how the KULR ONE Design Solutions platform offers KULR partners unique, comprehensive solutions that management believes result in the safest battery solutions for high energy and demanding applications. #5.) KULR provided safe battery testing solutions to a top 5 global manufacturer in the electric vertical take-off and landing (“eVTOL") sector. The tests are to be completed in the third quarter of 2023 and will further advance eVTOL battery safety as federal regulators look to put forward certification rules for the emerging eVTOL air taxi market. #6.) KULR announced expansion of its SafeCASE™ product line for electric bikes and the overall consumer e-mobility market. KULR is bringing to the consumer market the same patented technology it provides NASA to protect astronauts on the International Space Station and manned space missions. With over 300 Mln e-bikes alone in use around the world today and growing at double-digit percentages, the threat of battery related fires is real and growing. KULR is actively engaged in discussions with multi-family Homeowner Associations, lawmakers, community leaders, as well as those that represent urban multi-story buildings to provide unique solutions to meet or exceed current and anticipated regulations. #7.) For the 4th straight quarter, KULR has posted record trailing twelve months revenue. As the results indicate, we continue to satisfy growing customer demand from both within our existing customer base and with new customers,” said KULR CFO Shawn Canter. “In the first half of 2023, our preliminary estimates suggest KULR has already generated more revenue than all of 2022. As we head into the back half of 2023 and into 2024, we are upbeat regarding the trends around KULR’s increasing revenue ramp, pipeline, and expanding margins.” KULR Receives Seed Capital From Several Bln Wall Street Firms KULR received its early funding from several Wall Street big players that were willing to bet that this young company, arguably with technology ahead of its time, had the potential to change the world. - One of those seed investors was Xia Zuoquan, founding inv∙estor and director of BYD Co. Ltd., China’s largest rechargeable battery maker. He also founded Zhengxuan Capital, a Wall Street firm with over $1.5 Bln in assets under management, and in 2018 – the same year he joined KULR’s advisory board – Mr. Zuoquan was named to the Forbes China Rich List. - Among more than 30 inv∙estments under Zhengxuan Capital, Zuoquan is an early inv∙estor in UBTech, a $5 Bln. consumer robotics company, as well as in OneSpace, a competitor to Virgin Orbit and Rocket Lab. - Another backer of KULR, is Morio Kurosaki – a seasoned executive and inv∙estor in Japan’s IT industry – joined KULR’s advisory board earlier this year. Like Zuoquan, Kurosaki is n∙o stranger to inv∙estments in budding technologies. - Morio Kurosaki led early inv∙estments in Zoom (NASDAQ:ZM); ContextLogic (NASDAQ:WISH); Treasure Data, acquired by ARM Holdings (NASDAQ:NVDA); Tubi, acquired by Fox Corporation (NASDAQ:FOX); Red Hot Labs, acquired by Google (NASDAQ:GOOGL); lvl5, acquired by DoorDash (NYSE:DASH); Accel Technology, acquired by Marvell Technology Group (NASDAQ:MRVL); and Extreme DA, acquired by Synopsis (NASDAQ:SNPS). Current KULR Market Cap $150 Mln KULR – a microcap with a valuation around approx. $150 Mln currently – spent years refining and co-developing its technology in collaboration with NASA while working with leaders in aerospace like Boeing (NYSE:BA), Ball Aerospace (NYSE:BLL), Airbus (OTC:EADSY), Lockheed Martin (NYSE:LMT), Leidos (NYSE:LDOS) and Raytheon (NYSE:RTX). To that end, KULR products have been used in the most extreme conditions where malfunction is not an option. Laptops on the International Space Station (ISS) use KULR technology and so does the Perseverance Rover currently cruising around Mars searching for signs of ancient life. KULR Is Pioneering The $554 Bln EV Market KULR is pioneering the global EV market with its breakthrough technology. That's a big consideration when assessing a more appropriate value for its stock. Remember, its expertise in providing thermal management and lithium-Ion battery safety solutions is essential to the growing energy storage market, which is expected to reach $554 Bln by 2035. Why is that a big deal for KULR? Because its Thermal Runaway Shield (TRS) technology prevents battery explosions. And industries are paying attention, as evidenced by the International Space Station and NASA utilizing KULR's proprietary carbon fiber technology to handle the massive heat needing to be absorbed by its products. And they aren't the only ones interested. KULR has also expanded its strategic relationship with E-One Moli Energy Corporation for Molicel's battery cell supply, accelerating its role in serving high-value clients in an estimated $350 Mln market. They aren't the only ones adding to previously announced agreements and contracts. Lockheed Martin provided KULR a follow-on order for its PCM heat sink technology. Financial considerations weren't disclosed, but it's fair to assume that the potential from the deal, once LMT is through its evaluations, could lead to a massive contract. If so, it will add to the three-year multi-mln deployment order for its Passive Propagation Resistant ("PPR") solution suite from Volta Energy Products, a subsidiary of Viridi Parente Inc. This company just announced raising $95 Mln, much of which will be inv∙ested in developing 'fail-safe' lithium-ion battery technology. That's not all. KULR also announced expanding a battery safety contract with NASA to test its lithium-ion cells for battery packs designed for the Artemis Program, a series of US-led international human spaceflight programs. That's not the first time NASA utilized KULR's technology; its innovative carbon fiber thermal management solutions are included on the Mars Perseverance Rover and also used to keep components from freezing during NASA's NICER mission. Furthermore, KULR collaborated on a project to safely ship and store laptop batteries aboard the International Space Station using its Thermal Runaway Shield (TRS) technology. Most simply, KULR's technology is being used to protect Multi-Bln assets. That does more than provide testament to its value; it validates it. Two Game-Changing Events That Forever Has Shaped KULR KULR Joins the Russell Microcap Index This incredible company was recently added to Russell Microcap index which will further add to institutional support. When a small-cap company gets included to an index you can expect the stock to eventually trade much higher. KULR Invents Breakthrough Technology for The Lithium Battery That results from KULR's integrated design approach offering comprehensive solutions in thermal interface materials, lightweight heat exchangers, and protection against lithium-ion battery thermal runaway propagation. Those capabilities are being met with enthusiasm, especially from its ability to be designed to fit demanding configurations and applications. That led to deals with some of the largest car companies in the EV sector, including a partnership with Andretti Technologies (ATEC) to provide thermal management and battery safety solutions to its electric SUV extreme racing team Andretti United Extreme E. That deal can also benefit from joint research to potentially co-market proprietary battery products and solutions. The EV sector isn't alone in driving value. In addition to those mentioned, KULR is working with Leidos LDOS, on KULR's best-in-class battery safety technology. KULR's recycling partner, Heritage Battery Recycling, is also adding to the value proposition, providing immediate and open access to commercial partners and customers after securing United Parcel Service UPS shipping certification. That certification does two things. First, it allows for the shipment of batteries utilizing the KULR Safe Case products through UPS' vast shipping network. Second, it allows its U.S. Department of Transportation compliant "Safe Case" to be used as a safe and reusable shipping container for Li-Ion battery transportation up to 2.1KWh, an allowance providing KULR's major recycling partner a safe shipping container that can handle batteries above 300Wh. With Bln of lithium-Ion batteries needing proper disposal, the oppor∙tunity in play are enormous. Everyone is chasing after the holy grail of battery safety, but KULR may have the safest efficient material on the market! KULR is working with some of the largest car companies in the electric vehicle (EV) revolution! The company has formed a partnership with Andretti Technologies (ATEC), is the official thermal management and battery safety provider to electric SUV extreme racing team Andretti United Extreme E, and is supplying products to the Drako GTE, one of the world’s fastest all-electric supercars! 10 Potential Breakout Catalysts That Could Send Shares of KULR Technology (KULR) Vertical! - KULR ONE MAX is set to raise the bar in the energy storage landscape, embodying KULR’s commitment to cutting-edge thermal management and energy storage technology. - KULR Selected by One of the World’s Largest Private Space Exploration Companies for Enhanced Battery Safety Solutions - KULR recently released shattering news of revenue for the three months ended June 30, 2023, is estimated to be $2.5 Mln to $2.8 Mln, an estimated increase of over 300%. - KULR PCM heat sink technology inside the International Space Station (ISS) Nicer telescope. - KULR has three Wall Street analysts predicting staggering upside potential. - NASA testing of KULR TRS battery heatsink is best-in-class. KULR was awarded contract in Mars 2020 Rover mission. - KULR partners with Lockheed Martin (LM-NR) to provide Thermal Management Solution. - Product development with world-class partners and start of business expansion with focus on E-mobility and Battery Safety Markets. - KULR Technology partnership with Leidos to supply NASA with Lithium-ion Battery Storage Solutions for the International Space Station ("ISS"). - KULR secured a battery safety contract with NASA to test its lithium-ion cells going into future battery packs designed for the Artemis Program, a series of United States-led international human spaceflight programs. - KULR secured additional United States Department of Defense (“DoD”) contracts, related to Pulsed Weaponry Projects. KULR has taken huge steps forward recently, placing them in an excellent position for rapid growth, all of which indicate the Company's huge growth potential. I am urging all of my "FDR" members to add KULR Technology (NYSE: KULR) to the top of your watch list right now and be ready Tuesday morning at the opening bell! 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 disc∙laimer at [Disc∙laimer and Disclosure Policy]( for important information regarding this sponsored advertisement. © 2023 FDR. 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