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KULR Technology Group, Inc.

KULR makes heat-management and battery-safety products for electronics, electric vehicles, and aerospace customers.

KULR Technology Group sells ways to keep things from getting too hot. Its main customers are companies that make batteries, electronics, electric vehicles, and aerospace gear. The big problem it solves is that lithium-ion batteries can overheat and catch fire, and fast-charging electronics generate a lot of heat. KULR makes carbon fiber-based thermal management materials, battery safety components, and testing services. Think of it as a fireproof blanket and a heat sink rolled into one, wrapped around the parts of a battery that are most likely to misbehave. Revenue comes from selling these products and from engineering services, with the aerospace and defense side being a meaningful and growing piece.

The company has two main buckets of business. The first is battery safety and thermal management products, which includes things like its carbon fiber thermal interface materials and its "Thermal Runaway Shield" that slows or stops a battery fire from spreading. The second is engineering and testing services, where KULR helps customers design safer battery packs and runs tests to prove they meet safety standards. Aerospace and defense customers, including NASA and various defense contractors, pay for custom thermal solutions. The company has been shifting toward higher-volume product sales rather than one-off engineering projects, which is a better business if it can scale.

KULR is still small and not yet consistently profitable, so it burns cash and relies on raising money to fund growth. It has made moves into the energy storage and electric aviation markets, and it has partnerships with battery manufacturers and aerospace firms. The stock trades on the NYSE American exchange under the ticker KULR. For a curious investor, the key question is whether KULR can turn its niche thermal technology into repeat, high-volume orders from big battery and aerospace customers, rather than staying a small specialty supplier.

Saved answer · last researched 13 Oct 2026