Defense Stock KULR Technology Group, Inc. (NYSE American: $KULR) Trending On Navy Contract @KULRTech

 

 

Defense Stock KULR Technology Group, Inc. (NYSE American: $KULR) Trending On Navy Contract  @KULRTech

 

Investorideas.com (www.investorideas.com) a leader in retail investor trading ideas for defense and renewable energy  stocks issues a trading alert for KULR Technology Group, Inc. (NYSE American: KULR) , a provider of advanced thermal management solutions.

The stock is trending for retail traders and is currently trading at 0.7949, up 0.3498 gaining 78.5714% on volume of over 364 Million shares as of this report.

 

Today KULR announced it has been awarded a contract by the U.S. Navy to advance its Internal Short Circuit (ISC) technology to activate at higher temperatures. This development, vital for both military and commercial applications, will support a wide range of safety-critical uses, with particular importance for aviation by enabling the simulation of extreme conditions that better reflect the stringent safety standards of the Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA).

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of KULR Technology Group, Inc.

 

Read this in full at https://www.investorideas.com/news/2024/defense/11251KULR-Navy-Contract.asp

 

KULR's ISC devices, originally developed in collaboration with NASA and the National Renewable Energy Laboratory (NREL), induce controlled thermal runaway in lithium-ion cells, offering safer and more accurate testing than conventional methods. With the capability to activate at elevated temperatures, the new ISC devices provide deeper insights into battery behavior under worst-case scenarios, allowing for a precise evaluation of resilience and safety for high-stress environments.

 

Advantages of High-Temperature ISC Activation

 

High-temperature ISC activation supports critical advancements in aviation safety by:

 

Accurately Simulating Extreme Conditions: Higher temperature activation mirrors real-world operational stresses, offering precise data on thermal runaway behavior essential for electric and hybrid-electric aircraft.

 

Achieving Greater Consistency with Safety Standards: The advanced ISC testing helps align battery safety development with the rigorous safety expectations of FAA and EASA as electric aviation progresses toward certification.

 

Enhancing Military and Commercial Safety: The technology provides both the U.S. Navy and commercial aviation sectors with tools to rigorously evaluate battery resilience, bolstering mission safety and reliability.

 

"Our work with the U.S. Navy on high-temperature ISC technology will enhance safety protocols and provide essential data as electric aviation moves closer to regulatory certification and market entry," said Michael Mo, CEO of KULR Technology. "With these advancements, KULR is well-positioned to support safer, more resilient battery systems across the aviation industry."

 

This contract further strengthens KULR's role as a critical partner in battery safety advancements. Combined with our growing capability to evaluate large-format cells and battery packs during thermal runaway, KULR is uniquely positioned to support the aviation sector in meeting safety standards and advancing safely to market. For more information on KULR's ISC technology and its applications, please visit kulrtechnology.com.

 

 

Recent news

https://www.investorideas.com/news/2024/11251KULR-US-Navy-Contract-High-Temperature-Internal-Short-Circuit-Cells.asp

 

Get more defense stock investing ideas with Investorideas.com free stock directory

https://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp

 

Sign up for free trading and stock news alerts at Investorideas.com

https://www.investorideas.com/Resources/Newsletter.asp

About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

Disclaimer/Disclosure: Disclosure: (NYSE: KULR) is a paid featured company on Investorideas.com effective July 2024 for 3 months. Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. Contact management and IR of each company directly regarding specific questions. More disclosure info can be found here. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Learn more about our news, PR and social media, podcast and ticker tag services at Investorideas.com

https://www.investorideas.com/Investors/Services.asp

 

Advertising agencies -Learn more about digital advertising and guest posts at Investorideas https://www.investorideas.com/Advertise/

 

Follow us on X @investorideas @stocknewsbites

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

 

Contact Investorideas.com

800 665 0411

  

 

Get more Defense Stock Investor Ideas - news, articles, and stock directories

 

Follow the Money in Trump Trades – From Automotive to Bitcoin; @WorksportLtd

 

 

Follow the Money in Trump Trades – From Automotive to Bitcoin; @WorksportLtd   

 

Stocks included in this article:  Worksport Ltd. (NASDAQ: $WKSP), Tesla (NASDAQ: $TSLA), General Motors (NYSE: $GM), Riot Platforms, Inc. (NASDAQ:  $RIOT)

   

   

November 25, 2024 - Investorideas.com, a go-to investing platform covering cleantech, automotive and crypto stocks releases a sector snapshot looking at ‘Made in America’ stocks today and moving forward into a new Trump era. featuring Worksport Ltd. (NASDAQ: WKSP), a US-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors.

 

Trump’s “America First” policies with corporate tax cuts and deregulation for American manufacturers have investors looking at what sectors to bet on moving into 2025, The automotive sector is poised to be a big winner with Trump’s  mandate to protect US automakers and their employees.

 

Another sector investors are paying attention to is Crypto, as Bitcoin reaches new all-time highs. It follows that US Crypto miners will benefit. Prior to winning the election, Donald Trump said he wanted all remaining Bitcoin to be 'Made in USA'.

 

Stocks included in this article Tesla (NASDAQ:TSLA), General Motors (NYSE: GM), Riot Platforms, Inc. (NASDAQ: RIOT).

 

Clean energy automotive supplier Worksport Ltd. (NASDAQ: WKSP) just announced an expansion of its manufacturing workforce to meet accelerating sales demand. Since the start of Q4, the Company has increased its plant worker count by 30%, positioning itself to enhance production capacity and improve margins.

 

Paid News dissemination for Worksport Ltd.

 

Read this article, featuring WKSP in full at https://www.investorideas.com/news/2024/cryptocurrency/11251Trump-Trades-Automotive-Bitcoin.asp

 

From the news: Scaling Production to Meet Growing Demand

 

• Increased Workforce: The expansion of the production team is a strategic move to accommodate the significant growth in Worksport's business-to-consumer (B2C) and business-to-business (B2B) sales

 

• Sales Growth: The Company is now targeting $1 million in monthly online sales in the near-term, aiming for a 100% increase in top line revenue from the approximately $500,000 per month reported less than 60 days ago.

 

• Second Shift Preparation: To support the scheduled end-of-the-year launch of the higher margin AL4 tonneau cover, Worksport is adding a new evening production shift. This expansion will boost production capacity, enabling the Company to meet escalating demand and drive increased revenues and profitability. Investors can expect an update on the AL4 pre-order campaign for the business-to-business (B2B) segment before the end of the year.

 

Management Commentary

“"The Company continues to grow with new dealers, increased sales, and enhanced efficiencies each day," said Steven Rossi, CEO of Worksport Ltd. "Expanding our plant staff and initiating a second production shift are pivotal steps toward improving margins and achieving EBITDA positivity. Last Friday, the Company's market capitalization closed below our revenue projections for 2025—a year in which we believe we will be cash flow positive with increasing margins. We reiterate our strong belief that Worksport continues to be undervalued.”

 

Upcoming Product Launches Driving Growth

 

• AL3 and AL4 Tonneau Covers: The continued rollout of these products is expected to significantly contribute to Worksport's path toward cash flow positivity in 2025.

 

• SOLIS and COR Clean-Tech Systems: The Company also plans to launch its highly anticipated SOLIS solar cover and COR portable energy system by Q2/Q3 2025, further enhancing revenue growth and profitability prospects.

 

Worksport Q3 Earnings Call

 

Q3 revenue surged to $3.12 million—a 581% year-over-year increase compared to $458,433 in Q3 2023.

 

Worksport held its Q3 2024 earnings call on Wednesday November 13, 2024.  The prepared remarks and presented earnings call deck are available at Worksport’s Investor Relations website.

 

Betting on the future growth of Worksport, on November  21^st, the Company reported, “CEO Steven Rossi has demonstrated his confidence in the Company's future by personally purchasing restricted Worksport shares at a 44% premium to the market price.”

 

"We strongly believe that recent stock trading activity does not reflect the health of our business or our significant growth pathways

 

Tesla’s (NASDAQ:TSLA) stock has had a massive run since Trump’s Presidential win, with Elon Musk at his side as one of his biggest supporters. The Tesla stock surge of over 30% since the win was also fueled on expectations that Trump will advance a legislative framework for autonomous vehicles,

 

In the third quarter, Tesla produced approximately 470,000 vehicles, delivered approximately 463,000 vehicles and deployed 6.9 GWh of energy storage products.   

 

Tesla says on its website, “In 2012, the first Model S rolled off the assembly line at our factory in Fremont, California. Today, we have the capacity to manufacture more than a million vehicles every year, in addition to energy products, battery cells and more.” Tesla also has Gigafactories in Nevada, New York and Texas.

 

With investors seeing EV’s being a loser under Trump, a recent article in Forbes notes,

“Here’s something else to think about: if Trump does reduce or eliminate incentives, Tesla will be the main winner. Its cost base and vehicle platforms allow it to sell EVs profitably, which might not be the case with other American and global OEMs, who will struggle to match EV and ICE vehicle pricing.”

 

Last month, General Motors (NYSE: GM) reported third-quarter 2024 revenue of $48.8 billion, net income attributable to stockholders of $3.1 billion, and EBIT-adjusted of $4.1 billion.

 

GM's 2024 financial guidance includes anticipated capital spending of $10.5 billion - $11.5 billion, inclusive of investments in the company's battery cell manufacturing joint ventures.

 

With expected increases in defense spending with Trump, last month’s news of GM Defense  completing production of the first vehicles in support of the Diplomatic Security Service's Heavy-Duty armored Sport Utility Vehicle (HD SUV) program bodes well for 2025,

 

From the news: DSS is the law enforcement and security arm of the U.S. Department of State.

 

GM Defense's HD SUV solution, the Suburban Shield, features a new design with a unique body-on-frame chassis and suspension to support increased vehicle weight and performance requirements. The vehicle includes a high percentage of proven commercial-off-the-shelf parts from General Motors' global supply chain, including the body, exterior, propulsion, interior, and brakes, for added reliability.

 

"Our Suburban Shield significantly enhances the quality, performance, and safety that is essential to the Diplomatic Security Service and provides our nation's senior diplomats and their supporting teams a vehicle that enables their important mission for diplomacy and national security," said Steve duMont, GM Defense president.

 

According to CustomMarketInsights.com, “The US Automotive Market was valued at USD 4.8 Billion in 2024 and is expected to reach USD 13.8 Billion by 2033, at a CAGR of 10.6% during the forecast period 2024 – 2033.

 

“The automotive industry includes the design, development, manufacture, marketing, and sale of automobiles, trucks, buses, and motorbikes. It involves a complicated network of businesses, including automakers, suppliers, dealerships, and aftermarket service providers.”

 

Trump’s policies are going to reshape the future of the automotive industry and suppliers like Worksport Ltd. (NASDAQ: WKSP) are betting that their US-based manufacturing and innovation will be on the winning end.

 

As Bitcoin closes in on the $100,000 USD mark, US miner Riot Platforms, Inc. (NASDAQ: RIOT) is doing its part to fulfill Trump’s US Bitcoin mining dream.

 

The Company has Bitcoin mining operations in central Texas and Kentucky, and electrical switchgear engineering and fabrication operations in Denver, Colorado.

 

In the November 4^th production update they reported, “In October, Riot achieved a new post-halving milestone in production, with 505 Bitcoin mined in the month,” said Jason Les, CEO of Riot. “This 23% increase in production from September is a reflection of both the ongoing growth in our deployed hash rate and of the efforts to improve our operational efficiency.”

 

The Trump Trade effect has taken the market to new highs, Now, investors are looking at what sectors will have long term gains. Automotive and crypto are potentially ones to watch.

 

Research auto stocks at Investorideas

https://www.investorideas.com/AUTO/Stock_List.asp

 

Research crypto stocks at Investorideas

https://www.investorideas.com/Bitcoin-Cryptocurrency/Stocks_List.asp

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

Disclaimer/Disclosure: Disclosure: this news article featuring WKSP is a paid for service  on Investorideas.com -.  This is not investment opinion: Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. - More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Follow us on Twitter @investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

 

Contact Investorideas.com

800-665-0411

 

Get more Renewable Energy Stock news, articles, podcasts and Stock Directories

 

 

 

 

Get more Automotive Stocks Investor Ideas – news, articles and stock directories 

Get more Bitcoin, Blockchain, Digital Currency stock investor ideas - news, articles, podcasts and stock directories

Buy a crypto guest post on Investorideas.com

Breaking Renewable Energy and Defense Stock News: KULR (NYSE: $KULR) Awarded U.S. Navy Contract to Develop High-Temperature Internal Short Circuit Cells for Enhanced Battery Safety in Critical Applications; @KULRTech

 Breaking Renewable Energy and Defense Stock News: KULR (NYSE: $KULR) Awarded U.S. Navy Contract to Develop High-Temperature Internal Short Circuit Cells for Enhanced Battery Safety in Critical Applications; @KULRTech

 

Houston - November 25, 2024 (Investorideas.com Newswire) KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a provider of advanced thermal management solutions, has been awarded a contract by the U.S. Navy to advance its Internal Short Circuit (ISC) technology to activate at higher temperatures. This development, vital for both military and commercial applications, will support a wide range of safety-critical uses, with particular importance for aviation by enabling the simulation of extreme conditions that better reflect the stringent safety standards of the Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA).

 

KULR's ISC devices, originally developed in collaboration with NASA and the National Renewable Energy Laboratory (NREL), induce controlled thermal runaway in lithium-ion cells, offering safer and more accurate testing than conventional methods. With the capability to activate at elevated temperatures, the new ISC devices provide deeper insights into battery behavior under worst-case scenarios, allowing for a precise evaluation of resilience and safety for high-stress environments.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of KULR Technology Group, Inc.

 

Read this news featuring KULR in full at https://www.investorideas.com/news/2024/11251KULR-US-Navy-Contract-High-Temperature-Internal-Short-Circuit-Cells.asp

 

Advantages of High-Temperature ISC Activation

High-temperature ISC activation supports critical advancements in aviation safety by:

• Accurately Simulating Extreme Conditions: Higher temperature activation mirrors real-world operational stresses, offering precise data on thermal runaway behavior essential for electric and hybrid-electric aircraft.
• Achieving Greater Consistency with Safety Standards: The advanced ISC testing helps align battery safety development with the rigorous safety expectations of FAA and EASA as electric aviation progresses toward certification.
• Enhancing Military and Commercial Safety: The technology provides both the U.S. Navy and commercial aviation sectors with tools to rigorously evaluate battery resilience, bolstering mission safety and reliability.

 

"Our work with the U.S. Navy on high-temperature ISC technology will enhance safety protocols and provide essential data as electric aviation moves closer to regulatory certification and market entry," said Michael Mo, CEO of KULR Technology. "With these advancements, KULR is well-positioned to support safer, more resilient battery systems across the aviation industry."

 

This contract further strengthens KULR's role as a critical partner in battery safety advancements. Combined with our growing capability to evaluate large-format cells and battery packs during thermal runaway, KULR is uniquely positioned to support the aviation sector in meeting safety standards and advancing safely to market. For more information on KULR's ISC technology and its applications, please visit kulrtechnology.com.

 

About KULR Technology Group, Inc.

KULR Technology Group Inc. (NYSE American: KULR) delivers cutting edge energy storage solutions for space, aerospace, and defense by leveraging a foundation of in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities. The Company's holistic offering allows delivery of commercial-off-the-shelf and custom next generation energy storage systems in rapid timelines for a fraction of the cost compared to traditional programs. For more information, please visit www.kulrtechnology.com.

 

Safe Harbor Statement

This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on April 12, 2024, as may be amended or supplemented by other reports we file with the Securities and Exchange Commission from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether because of new information, future events or otherwise.

 

Investor Relations:
KULR Technology Group, Inc.
Phone: 858-866-8478 x 847
Email: ir@kulrtechnology.com

 

KULR Technology Group, Inc. (NYSE: KULR) is a featured renewable energy stock on Investorideas.com

 

More info on KULR at Investorideas.com Visit: https://www.investorideas.com/CO/KULR/

 

 

Disclaimer/Disclosure: Disclosure: (NYSE: KULR) is a paid featured company on Investorideas.com effective July 2024 for 3 months. lInvestorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. Contact management and IR of each company directly regarding specific questions. More disclosure info can be found here. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

 

Get more Renewable Energy Stock news, articles, podcasts and Stock Directories

 

 

 

 

 

 

Get more Defense Stock Investor Ideas - news, articles, and stock directories