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KULR Technology Group, Inc KULR
(Total Views: 250)
Posted On: 11/04/2019 2:34:14 PM
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Posted By: supernova23
Key Takeaways from 3rd quarter results and recent CNN interview:

-Recent lumpy revenue growth attributed to lengthy product development cycle and dependent on stage of product development

-KULR has progressed product development work with Tier-1 partners, moved into beta testing phase with one or more partners, and anticipates securing volume customer relationships into 2020.

-NASA is benefiting from KULR's battery storage technology and has utilized it during recent launch to International Space Station.

-The Company is commercializing it's disruptive battery storage technology in consumer facing markets such as electric vehicles, consumer electronics, and shipping & logistics markets.

-KULR looks to implement a novel (for this industry) licensing model with it's battery storage solution and has been in discussions with it's potential customer(s) in this regard.

-Stay tuned as the Company looks to announce significant event(s) related to business model/customer soon













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