Kulr Technology Group

What Kulr Technology Group does

KULR Technology Group, Inc. (NYSE American: KULR) is a US-based, vertically integrated manufacturer of high-performance lithium battery systems and energy storage solutions, founded in 2014 and headquartered in Webster, Texas. The company sells the KULR ONE platform — a cell-agnostic battery architecture that integrates proprietary battery management systems (BMS), NASA-derived passive propagation resistance and carbon-fiber thermal management, KULR VIBE vibration mitigation, and (planned) in-house power electronics — into three product families: KULR ONE Space (K1S) for orbital and deep-space missions, KULR ONE Air (K1A) for drones, UAVs, and electric aviation, and KULR ONE MAX for AI data center and telecom backup. Supporting products include the Internal Short-Circuit Device (ISC-D), Thermal Runaway Shield (TRS), and the forthcoming KULR ONE Charger.

The company generates revenue through four streams: (1) hardware sales of KULR ONE battery systems via direct enterprise field sales to defense, aerospace, drone, and AI data center customers under multi-year, quote-based contracts; (2) design, development, and qualification services; (3) an Energy-as-a-Service (EaaS) managed-power offering targeting telecom; and (4) IP licensing of safety and thermal IP to data center OEMs. All production is 100% US-based at the FORGE-1 (R&D) and FORGE-2 (high-volume, 150 MWh annual capacity) facilities in Texas, fully AS9100-certified and NDAA Section 889 / 1260H compliant — a positioning targeted at defense, federal, and allied-nation customers.

Named customers and partners include NASA, a U.S. defense technology company supplying military FPV drones under the Department of War's $1.1 billion Drone Dominance initiative, Robinson Helicopter (eR66 electric helicopter), the Texas Space Commission, South 8 Technologies, Factorial, Hylio, a leading global 21700 cell manufacturer (up to $100M AI data center BBU program potential), and Open Compute Project. Q3 2025 revenue reached $6.88 million, a 116% year-over-year increase, against an operating loss of $8.74 million. The company also maintains a Bitcoin treasury (approximately 1,021 BTC at ~$98,627 average cost) funded in part by a $20 million Coinbase Credit facility and a $300 million ATM equity agreement (paused through September 2026), reflecting a non-dilutive capital strategy alongside the operating business.

Name

Kulr Technology Group

Legal name

KULR Technology Group, Inc.

Website

https://kulr.ai

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

KULR Technology Group (NYSE American: KULR) is a US-based manufacturer of NDAA-compliant, high-performance lithium battery systems and thermal management for space, defense, drones, AI data centers, telecom, and robotics customers.

Ownership category

akta.pro rank

Product category

Energy Storage Systems

NAICS

Battery Manufacturing (33591), Computer and Peripheral Equipment Manufacturing (33411)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB)

akta.pro secondary industries

Energy Storage Software & Controls (EMS, monitoring, optimization, cybersecurity) (IMAGAHAJ), BESS O&M and Lifecycle Services (Warranty, Spares, Monitoring) (EUAEAEAM)

Keywords

• Lithium-ion battery systems
• Thermal management solutions
• NDAA-compliant battery manufacturing
• Defense aerospace energy storage
• AI data center backup power

Headquarters

HQ city

Webster

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Battery System Sales: Sale of KULR ONE battery platforms (Space, Air, MAX) and custom battery systems to defense, aerospace, drone, and AI data center customers. Revenue recognized through hardware delivery with multi-quarter design, qualification, and production-readiness cycles before volume production.
2. Design and Development Services: System-level design, battery architecture development, prototype fabrication, functional and safety testing, certification support, and production-readiness activities for customer platforms.
3. Energy as a Service (EaaS): Mission-critical power delivered as a managed service where KULR provides battery systems, safety architecture, monitoring, and lifecycle management. Customers pay for guaranteed power uptime rather than equipment, creating multi-year recurring revenue streams.
4. IP Licensing: Licensing of propagation-resistant safety and thermal IP to data center OEMs. KULR embeds ISC-D devices into preassembled battery cells for safety testing and has licensed the technology exclusively.
5. Bitcoin-Backed Credit Facility: $20 million bitcoin-backed credit facility from Coinbase Credit, Inc. for Bitcoin accumulation strategies, providing non-dilutive capital access.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

KULR Technology Group manufactures high-performance battery and energy storage systems domestically in the United States through its KULR ONE platform. The cell-agnostic architecture integrates battery management systems (BMS), NASA-grade thermal management, vibration mitigation (KULR VIBE), and power electronics into unified platforms serving space, defense, drones, AI data centers, telecom, and robotics applications. The company produces KULR ONE Space (K1S), KULR ONE Air (K1A), and KULR ONE MAX product lines with full NDAA-compliant supply chain documentation.

Product overview

KULR Technology Group offers the KULR ONE platform, a modular battery architecture comprising three primary product lines: KULR ONE Space (space and defense applications), KULR ONE Air (drones and electric aviation), and KULR ONE MAX (AI data center backup). The platform is cell-agnostic, integrating with various battery chemistries while providing proprietary battery management systems, NASA-grade thermal management, and KULR VIBE vibration mitigation. Supporting products include the ISC-D safety testing device, Thermal Runaway Shield, and planned KULR ONE Charger. The company manufactures domestically in Texas with AS9100 certified quality management.

Differentiator

Problem solved

Functional benefit

Brands

• KULR ONE: Integrated battery architecture platform spanning space, air, and ground applications
• KULR ONE Space (K1S)
• KULR ONE Air (K1A)
• KULR ONE MAX
• KULR VIBE
• Thermal Runaway Shield (TRS)
• Internal Short-Circuit Device (ISC-D)
• KULR ONE Charger

Products and services

• KULR ONE Space (K1S) Space-qualified battery architecture engineered for low-Earth and geostationary orbit applications, providing scalable and standardized battery solutions meeting rigorous human spaceflight safety standards. Designed for satellite batteries, space robotics, deep space missions, and orbital AI compute satellites.
• KULR ONE Air (K1A) High-power flight battery platform for drones and UAVs spanning traditional rotorcraft and emerging electric aviation applications. Dual-purpose architecture targeting military FPV drones, commercial delivery drones, and eVTOL aircraft. Designed for 5-20x standard cell discharge rates.
• KULR ONE MAX Battery backup unit (BBU) designed for AI-scale data centers and telecom infrastructure. High-power, propagation-resistant battery backup installed at the rack level, co-located with compute for hyperscale AI data center applications and UL 9540 compliance.
• Battery Management Systems (BMS) Proprietary battery management and control electronics that manage battery pack operations, monitoring current, voltage, temperature, and cycle data for safe and efficient battery operation. Sold as part of integrated KULR ONE platform offerings.
• ISC-D (Internal Short-Circuit Device) Battery safety testing device that triggers controlled thermal runaway by implanting layered metal discs insulated with wax between battery cell electrodes. Used by over 80 companies including SpaceX, Tesla, Toyota, and Volkswagen. KULR holds exclusive license.
• Thermal Runaway Shield (TRS) Carbon fiber-based passive thermal management solution to mitigate lithium-ion battery thermal runaway propagation. Prevents cell-to-cell thermal runaway propagation keeping adjacent cells below critical 130°C threshold.
• Space-Compatible Lithium-Ion Batteries for NASA Missions Space-compatible lithium-ion batteries for lunar and Martian missions developed under Texas Space Commission contract in collaboration with NASA and South 8 Technologies. Designed for operation at extreme cold temperatures down to -60°C for deep space environments.
• 400V Counter-UAS Directed Energy Battery System 400V battery system developed for Counter-UAS Directed Energy Systems applications. Rapid prototype completed in 5 weeks with production planned for 2026, demonstrating engineering agility in thermal management and defense applications.
• Energy as a Service (EaaS) Mission-critical power delivered as a managed service where KULR provides battery systems, safety architecture, monitoring, and lifecycle management. Customers pay for guaranteed power uptime rather than equipment, creating multi-year recurring revenue streams. Targets telecom tower backup and lead-acid to lithium-ion migration.
• KULR ONE Air with Factorial Solid-State Battery Integration Collaboration product integrating Factorial's solid-state and lithium-metal battery cell technologies into KULR ONE Air platform for drone applications, targeting aerospace, defense, robotics, and autonomous-platform applications.

Quantifiable outcome

• 150 MWh annual production capacity
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Factorial Inc.coreTechnology or Integration · 26 June 2026Collaboration to integrate Factorial's solid-state and lithium-metal battery cell technologies into battery pack designs for uncrewed aircraft systems. Companies demonstrated prototype configurations at XPONENTIAL 2026 conference in Detroit, targeting aerospace, defense, robotics, and autonomous-platform applications. Initiative supports KULR's strategy to expand KULR ONE energy-storage platform, particularly KULR ONE Air, into mission-critical aviation applications.
• Robinson Helicopter CompanycoreStrategic or Co-development Partner · 27 March 2026Strategic co-development collaboration to design and integrate next-generation, high-performance battery system for the eR66 battery-electric helicopter demonstrator. Leverages KULR's proprietary battery safety technologies and thermal management solutions originally developed for aerospace and spaceflight applications.
• HyliocoreStrategic or Co-development Partner · 18 February 2026Joint Development Collaboration to design, prototype, qualify, and domestically manufacture NDAA-compliant battery systems in Texas. Targets high-performance, mission-critical battery architectures for Hylio's unmanned aerial systems platforms used in agricultural and defense-adjacent applications, with emphasis on secure, U.S.-based supply chains.
• Hylio (NDAA-compliant battery development)coreTechnology or Integration · 1 February 2026February 2026 collaboration to develop NDAA-compliant battery systems in Texas, addressing FCC regulations requiring domestic supply chains for drone components.
• Leading Global Battery-Cell ManufacturercoreTechnology or Integration · 17 December 2025Joint development collaboration to develop next-generation Battery Backup Unit (BBU) for AI-scale data centers. Project focuses on high-power 21700 cell platform to support ultra-high-current workloads and meet standards such as UL 9540. Partnership includes long-term supply commitment for AI data-center energy market, with program potential valued at up to $100 million.
• Open Compute Project (OCP)coreTechnology or Integration · 11 December 2025Joined OCP as Platinum Member to advance AI data center energy solutions. KULR is developing next-generation backup systems leveraging space-grade thermal management and safety technology, aligning with new standards for AI infrastructure and rack-level Battery Backup Units.
• South 8 TechnologiescoreTechnology or Integration · 22 April 2025Collaboration under $6.7 million Texas Space Commission contract to develop space-compatible lithium-ion batteries for lunar and Martian missions in partnership with NASA. South 8's LiGas liquefied gas electrolyte technology enables battery operation at extreme cold temperatures down to -60°C for deep space environments.
• NASAcoreStrategic or Co-development Partner · 22 April 2025Space battery development collaboration for lunar and Martian missions under Texas Space Commission contract. KULR's space-qualified batteries and thermal management integrated with NASA requirements for deep space exploration.
• Worksport Ltd.minorStrategic or Co-development Partner · 24 February 2025Strategic partnership to develop advanced battery technology focusing on battery pack development, thermal runaway protection, and AI-integrated battery management systems. Collaboration aims to improve battery safety, performance, and longevity with products scheduled for release.

Scale indicators9 records

Recent moves3 records

Expansion highlights7 records

Broad incumbents

• EnerSys: EnerSys is a global leader in industrial battery solutions serving motive power, reserve power, and aerospace/defense markets. A broader incumbent overlapping with KULR's industrial and aerospace battery offerings.
• Fluence Energy: Fluence Energy is a leading global provider of grid-scale energy storage products and services. Compares to KULR's grid storage and AI data center backup offerings at a larger commercial scale.
• LG Energy Solution: LG Energy Solution is one of the world's largest lithium-ion battery manufacturers supplying automotive, ESS, and aerospace customers. Broad incumbent overlapping with KULR's space, defense, and AI data center markets.
• Samsung SDI: Samsung SDI manufactures lithium-ion batteries for automotive, IT, and ESS applications. A large incumbent with overlap in defense, ESS, and AI data center battery markets.
• CATL (Contemporary Amperex Technology): CATL is the world's largest battery manufacturer, supplying cells and packs across mobility, ESS, and industrial markets. Represents the dominant competitive force in KULR's downstream battery markets.

Emerging players

• Eos Energy Enterprises: Eos Energy Enterprises manufactures zinc-based energy storage systems for utility, commercial, and industrial customers. Adjacent competitor in the stationary storage and Energy-as-a-Service markets that KULR targets with telecom EaaS.
• Solidion Technology: Solidion Technology focuses on next-generation solid-state and lithium-sulfur battery technologies. Comparable to KULR in pursuing advanced battery chemistries for aerospace and defense applications.

Direct peers

• Microvast Holdings: Microvast designs, manufactures, and commercializes lithium-ion battery packs and cells for commercial vehicles and industrial applications. Overlaps directly with KULR's commercial battery-pack business model.
• Electrovaya: Electrovaya develops lithium-ion battery systems for material handling, e-mobility, and stationary energy storage with proprietary cell technology. Compares to KULR in cell-level battery IP and industrial applications.
• Amprius Technologies: Amprius manufactures silicon-anode lithium-ion batteries for aerospace, defense, and high-power applications. Highly comparable to KULR in targeting defense and aviation customers with high energy density cells.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/kulrtech
• Facebookfacebook.com/KULRTech
• LinkedInlinkedin.com/company/kulrtech
• Instagraminstagram.com/kulrtech?igsh=OWtiZno0MWV3MDdx
• TikToktiktok.com/@kulrtechnology?_t=ZT-8wvSUAQyR7G&_r=1

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kulr Technology Group