Key Takeaways from 3rd quarter results and recent
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Posted On: 11/04/2019 2:34:14 PM
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
-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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